Epic Games Receives
$2 Billion in Funding , for Metaverse Goals.
Epic Games Receives
$2 Billion in Funding , for Metaverse Goals.
On April 11, the 'Fortnite' developer announced
its latest round of funding which will be used , “to advance the company’s vision to build the metaverse and support its continued growth.”.
The Verge reports that the funding comes
from Sony and investment group KIRKBI.
The Verge reports that the funding comes
from Sony and investment group KIRKBI.
According to a press release,
each company invested $1 billion.
Epic CEO Tim Sweeney issued a statement about the latest round of funding.
This investment will accelerate our work to build the metaverse and create spaces where players can have fun with friends, brands can build creative and immersive experiences, and creators can build a community and thrive, Tim Sweeney, via statement.
This investment will accelerate our work to build the metaverse and create spaces where players can have fun with friends, brands can build creative and immersive experiences, and creators can build a community and thrive, Tim Sweeney, via statement.
While the metaverse is currently in
its conceptual phases.
The Verge reports 'Fortnite' may be the
closest thing we have right now to experiencing what the construct has to offer.
The game's virtual events, including concerts and pop culture cameos, are highly-immersive experiences