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HBAR Foundation supports MetaVRse with grant to support growth


Enterprise blockchain meets enterprise game engine

The HBAR Foundation and MetaVRse, a web-based low-code 3D authoring platform, have announced a partnership to create metaverse solutions for the world’s largest organizations on the Hedera network.

Creating the Metaverse will require tools that are easy to use and accessible to everyone, and MetaVRse enables creators to build the next generation of the Internet quickly and simply with turnkey solutions. The HBAR Foundation supports these efforts through a grant and organizational support to fuel the construction of the corporate metaverse infrastructure on the Hedera network. Organizations share a vision that the future belongs to creators, and this partnership will open up huge career opportunities in the Metaverse.

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“The metaverse is the future of human communication. This partnership brings together the best of MetaVRse and the Hedera Network to unleash the power of the Metaverse for everyone, ”said MetaVRse co-founder Alan Smithson.

“MetaVRse is well positioned to provide the tools necessary to create the Metaverse,” said Alex Russman, Director of NFTs and Virtual Worlds at the HBAR Foundation. the Cambrian explosion of XR experiments that we will see unfold in the years to come.

The HBAR Foundation fuels the growth of the Hedera ecosystem by providing grants and resources for technical assistance, marketing and business development to developers, startups and organizations relying on the network. Hedera offers 10,000 transactions per second, near real-time settlement, and reduced fees and bandwidth consumption. Since its launch in 2018, the public network has processed more than 1.75 billion transactions generated by real-world applications.

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