Meet Improbable, the startup that wants to connect Metaverse Worlds!
Hi HODLers,
Following all the different metaverse announcements and the fact that they keep coming I was reflecting on how will this work in the future.
Do you have to pick a brand/project/blockchain and stick to it?
I guess I wasn't the only one wondering this as Improbable is looking to fill the gap!
What is Improbable?
M² (MSquared) is a new entity that will focus on developing the Web3 tech needed to not only bring large-scale metaverse worlds to life, but also allow interoperability so users can carry over NFT assets and items between worlds.
Sounds amazing right if you could carry your splinterlands cards from Hive to some Ethereum metaverse. Seems very complicated though...
M² has raised $150 million in funds from Andreessen Horowitz, Softbank, and others at a $1 billion valuation.
Improbable CEO and co-founder Herman Narula described current blockchain bridges to Bloomberg
as “a fairly crude solution,” and said it would release a whitepaper regarding its cybersecurity plans.
This is crazy if you ask me... As far as I know these guys did not do anything yet and are already valued at $1bn while they did not even show or explain how they intend to bridge all these universes!
As much as I love Cross-chain bridge, they have been a growing target for attacks in recent months.
Late last month, the bridge that connects play-to-earn game Axie Infinity’s Ronin sidechain to the Ethereum mainnet was exploited for $622 million worth of cryptocurrency.
Improbable Website: https://www.improbable.io/
Stay safe out there...