PARAVERSE by Imagineers

Augmented Reality Metaverse

General Information
Industries
Mobile, NFT +2
Funding Stage
Seed
Product Stage
-
Business Model
-
Company Overview
Founded
2019
Employees
3
Location
, Korea South
Website
PARAVERSE by Imagineers - Company Details

PARAVERSE by Imagineers is a pioneering Augmented Reality (AR) company in Korea, with a strong track record of over 30 partnerships, including industry giants like Kakao VX and Lotte Department Store. Leveraging their extensive expertise in AR technology, Imagineers is dedicated to taking the concept of the Metaverse to new heights with PARAVERSE.

The company firmly believes that AR/VR holds the key to unlocking the full potential of the Metaverse, an area that is expected to see significant exploration in the coming decade. While VR enables full immersion into a virtual environment, AR adds a virtual layer to the physical world, creating a seamless merging of both realms, making it accessible anywhere, anytime.

PARAVERSE is set to create a unified, dynamic metaverse that amalgamates all AR applications. It presents an augmented world underpinned by AR Lands, a virtual land registry powered by blockchain technology and based on real GPS coordinates. Here, users can own, learn, play, and monetize AR experiences.

Emphasizing the power of community, PARAVERSE fosters a collaborative ecosystem that brings together 3D creators, artists, brands, users, and AR Land owners. The last investment round was a Seed Round investment on 25 September 2022, with participation from TIPS Program. For more updates, visit their website at paraverse.world and join their community on social media platforms such as Discord, Twitter, and Instagram.