Metaverse Flickplay Social App Raises $ 5 Million

The Metaverse-compatible wallet app Flickplay announced that it has raised $ 5 million from investors to fund a social platform that will allow Metaverse users to tailor their digital collectibles.

Flickplay is a social wallet app designed to work with different types of digital art and collectibles. Users will be able to obtain collectibles through an interactive AR map of their surroundings and then be able to show them to other users with a suite of content creation tools.

Investors in this fundraiser include Lightspeed Ventures, Abstract VC, Long Journey VC, Warner co-founder Vivi Nevo and King co-founder Sebastian Knutsson. The company has raised a total of $ 6.3 million in the past. The company currently has 20 employees.

Flickplay founder Pierina Merino described the app in an interview with GamesBeat: “It’s the gamification of the Pokémon Go map that meets the social features of TikTok to create an ecosystem where people could unlock items from. digital collection. They can then use our video and content tools to tailor them and build the social status of their digital collectibles. “

Merino added that there are several types of digital collectibles, including stationary “murals” that users can find linked to a location in the real world, and “items” that users can interact with in the real world. a digital space.

The metaverse is a concept that is rapidly gaining traction as Facebook has publicly declared its intention to present it to the masses. In the announcement, Facebook – now called Meta – made liberal use of digital collectibles in its showcase of what’s possible in the Metaverse. The concept of showing off digital objects is likely to become much more important.

Flickplay seeks to expand its capabilities and partnerships. Merino told GamesBeat that Flickplay plans to eventually help users monetize their collectibles.