Next Earth Launches ‘Metaverse as a Service,’ Plans $60M Venture Fund

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Next Earth Launches ‘Metaverse as a Service,’ Plans $60M Venture Fund
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.NextEarth_, which created a virtual Earth replica with NFT landowners, has launched the company Limitless to onboard ecosystem partners through a $60 million venture fund. BrandyBetz reports

created a replica of the earth with about 5 trillion tiles and minted non-fungible tokens to let users buy pieces of that virtual land.

The new umbrella company, Limitless, will have two arms: Limitless Capital, a venture fund that plans to raise $60 million to invest in startups interested in joining Next Earth, and Limitless Network, which will launch an application programming interface suite in the coming months to help onboard companies into Next Earth.

“If we are to believe that the metaverse is an industry that is currently being born … then we need to enable network effects through a bunch of investors into our ecosystem,” said Taylor.

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