The Metaverse infrastructure company closed a seed funding round to carry on the introduction of 3D live streaming technology. Condense elevated $4.5 million inside a round brought by LocalGlobe, 7percent Ventures and Deeptech Labs.
We’ve got the technology utilized by Condense live streams 3D videos in to the Metaverse via games and existing platforms. The firm claims that such technology can create a completely ” new world ” of article marketing and entertainment engagement with real-time connections.
Furthermore, Condense had participation from private investors and music business insiders for example British footballer and platinum-selling artist Tom Blomfield (Mozo) and music manager Elegance Ladoja.
Funding out of this round goes toward relationship building with content creators, artists, labels and existing Metaverse platforms.
The actual technology of Condense utilizes, “cutting-edge computer vision, machine learning and proprietary streaming infrastructure to capture and embed live 3D video (Video 3.).” This live video experience will be streamed into metaverse games, mobile apps or platforms produced with Unity or Unreal Engine.
The 3D facet of these live streamed occasions allows a distinctive and dynamic perspective for each player simulating an actual live event. Such technology adds an amount of individualism to Metaverse occasions, furthermore, to merely watching a typical event live stream.
This development may come as the background music industry continues its push for engagement with Web3. technologies and digital interactions.
