Along with his newly shaped enterprise Ikonz, Telugu actor Rana Daggubati, is foraying into the metaverse. Ikonz is a metaverse agency that goals to help musicians, celebrities, and collectibles homeowners in managing their property. It was co-founded in August 2021 by Indian-American entrepreneur Abhinav Varma Kalidindi and Rana Daggubati. In its quest to carry India’s premium leisure IPs, manufacturers, and tales to the metaverse, the start-up is collaborating with Amar Chitra Katha, Tinkle, and different famend Indian manufacturers. Mr Daggubati’s mental property rights, too, shall be held by the corporate, which incorporates legacy movies below the banner of movie manufacturing and distribution firm Suresh Productions.
Rana had even tweeted about Ikonz a number of months in the past.
Speaking in regards to the model’s imaginative and prescient, the actor had stated then that he was trying ahead to beginning this new chapter as a co-founder at Ikonz, and was excited to work with a few of the nation’s most well-known IPs, similar to Amar Chitra Katha and Tinkle, to pave the trail into the metaverse.
In March 2022, the metaverse start-up obtained undisclosed seed funding from Village World, an early-stage enterprise capital agency, and Woodstock, a expertise funding agency. Village World is backed by Mark Zuckerberg, Jeff Bezos, and Invoice Gates.
The beginning-up desires to inform Indian tales to the world by way of NFTs and the metaverse. They’ve already onboarded Amar Chitra Katha, Tinkle, and characters similar to Suppandi and Shambu.
The corporate hopes to make use of NFTs and the metaverse to inform Indian tales to the remainder of the world. Amar Chitra Katha, Tinkle, and iconic characters similar to Suppandi and Shikari Shambu are aleady on-board.
In 2021, non-fungible tokens (NFTs) have been all the fashion, and the Collins Dictionary even named it the phrase of the 12 months. The world is changing into more and more conscious of how NFTs work as constructing bricks for peer-to-peer economies in digital worlds, or the metaverse, amid the crypto and blockchain increase.
The metaverse is a community of three-d digital worlds the place individuals can work together, interact in some enterprise, and type social ties by way of their digital avatars. It may be thought-about as a digital actuality equal of the web. Whereas it is nonetheless in its nascent levels, it has all of the sudden develop into a serious enterprise, with firms like Meta (previously Fb), Microsoft, Epic Video games, Roblox, and others establishing their very own digital worlds or metaverses.