Trending...
- Atlanta: Forest Cove Relocation Moves Forward as Mayor Dickens and City Council Provide $1.5 Million Down Payment to Support Families
- SWM and Neenah Announce Executive Leadership Team and Operational Structure for Combined Company Post Close
- 1040 Abroad publishes authoritative guide on the Foreign Tax Credit (FTC) and form 1116
The investment comes at the same time as multiple celebrity endorsements
PALO ALTO, Calif. - GeorgiaChron -- Overeality, the curated metaverse and NFT community, is delighted to announce the close of their most recent private funding round, including a $5 million contribution led by top Silicon Valley-based venture capital firm DHVC. DHVC also bring its blockchain leadership to strategically guide the team. Overeality's public token sale is scheduled to begin in Q1 2021, along with celebrity and athlete endorsements.
The investment will go towards research and development, team growth, and nurturing key strategic partnerships, which will be announced prior to their public sale. Early partnerships include a professional athlete and A-list actor with global fanbases.
Overeality announced its partnership with Polaris Sports, leaders in the representation of athlete image rights. For over 15 years they've partnered with the most successful sports personalities in the world, and bring professional athletes, resources, and celebrity management strategy to Overeality.
More on Georgia Chron
"We're turning fans into investors and changing their lives. Along the way, every decision we make is governed by our community," said Samuel Pearton, COO of Overeality. "Coming from an artist background, this is something I've always dreamed of, but never thought could be a reality."
Overeality also builds tailored technical infrastructures for the metaverse. Overeality chain is a fast and scalable blockchain with low gas fees for mass market retail adoptions. Overeality DAC (Decentralized Autonomous Corporation) supports day-to-day operations for fan communities and large-scale social networks. Overeality ID provides decentralized identity services through zero-knowledge proofs for interoperable on-chain verifications.
Overeality's metaverse community brings more people together by removing one of the biggest barriers of entry for many users - the need to go "all in" with one expensive NFT purchase. Overeality's fractional NFTs remove a major hurdle and give users the chance to join different communities and utilize new tokens.
More on Georgia Chron
About Overeality
Overeality is a community that brings people together with a new form of social token governed by DAO technology. Our opportunity is to create a metaverse that is focused, curated, accessible, and driven by people—all of whom have a voice, skin in the game, and equity in what's to come. We will pierce the mainstream through emotive storytelling and human communication, by offering authentic NFTs featuring some of the world's largest celebrities, GameFi experiences, and events for our growing community of people around the world empowered to be involved in shaping the future like never before. Learn more at https://overeality.io.
About DHVC
Founded in 2013, DHVC is one of the earliest institutional blockchain investors since 2014, with $700MM USD under management. DHVC is the early investor of leading blockchain protocols such as Compound, Dfinity, Fantom, Theta Network.
The investment will go towards research and development, team growth, and nurturing key strategic partnerships, which will be announced prior to their public sale. Early partnerships include a professional athlete and A-list actor with global fanbases.
Overeality announced its partnership with Polaris Sports, leaders in the representation of athlete image rights. For over 15 years they've partnered with the most successful sports personalities in the world, and bring professional athletes, resources, and celebrity management strategy to Overeality.
More on Georgia Chron
- Wine Women & Shoes Charity Event Raises Funds for Ronald McDonald House
- Riskonnect Recognized as a 'Leader' by Independent Global Research and Advisory Firm
- Atlanta Information Management (AIM) Hosts Technology Job & Resource Fair
- ICYMI: Governor Kemp Travels State Putting Georgians First, Makes Largest Economic Development Announcement in State History
- MaximBio Expands Sales and Marketing Organization and Adds WellTree Molecular Group as a new Distribution Partner
"We're turning fans into investors and changing their lives. Along the way, every decision we make is governed by our community," said Samuel Pearton, COO of Overeality. "Coming from an artist background, this is something I've always dreamed of, but never thought could be a reality."
Overeality also builds tailored technical infrastructures for the metaverse. Overeality chain is a fast and scalable blockchain with low gas fees for mass market retail adoptions. Overeality DAC (Decentralized Autonomous Corporation) supports day-to-day operations for fan communities and large-scale social networks. Overeality ID provides decentralized identity services through zero-knowledge proofs for interoperable on-chain verifications.
Overeality's metaverse community brings more people together by removing one of the biggest barriers of entry for many users - the need to go "all in" with one expensive NFT purchase. Overeality's fractional NFTs remove a major hurdle and give users the chance to join different communities and utilize new tokens.
More on Georgia Chron
- Average American Spends $78 On Jewelry Annually, Finds New CWC Jewelry Market Study
- EVO Payments Acquires North49 to Deliver B2B Integrated Payments for Sage Users
- Pay Rate is Top Priority for U.S. Job Seekers 2022 Voice of the Blue-Collar Worker Survey Finds
- Do You Have Any Experience With Play-To-Earn Games/NFTs?
- Gov. Kemp: Hyundai Motor Group to Invest $5.54 Billion in Georgia at First Fully Dedicated Electric Vehicle and Battery Manufacturing Facility
About Overeality
Overeality is a community that brings people together with a new form of social token governed by DAO technology. Our opportunity is to create a metaverse that is focused, curated, accessible, and driven by people—all of whom have a voice, skin in the game, and equity in what's to come. We will pierce the mainstream through emotive storytelling and human communication, by offering authentic NFTs featuring some of the world's largest celebrities, GameFi experiences, and events for our growing community of people around the world empowered to be involved in shaping the future like never before. Learn more at https://overeality.io.
About DHVC
Founded in 2013, DHVC is one of the earliest institutional blockchain investors since 2014, with $700MM USD under management. DHVC is the early investor of leading blockchain protocols such as Compound, Dfinity, Fantom, Theta Network.
Source: Overeality
Filed Under: Entertainment
0 Comments
Latest on Georgia Chron
- Cornerstone and Swiftlane Announce Strategic Technology Initiative to Create Safer Rental Communities in Denver
- Registered Dietitian Nutritionist Marisa Moore Celebrates Honey as a Natural Ingredient in Partnership with the National Honey Board
- Mallow Selected As Head of Major East Savannah Revitalization Project
- Carter's, Inc. Announces Quarterly Dividend
- TOKYO SKYTREE Celebrates Its 10th anniversary! Let's Pay Homage to this Japanese Landmark and World's Tallest Freestanding Broadcast Tower
- Angel Oak Recognized as One of Georgia's Fastest-Growing Companies
- Two Eco-Events Made Big Impacts in Georgia's Gwinnett County this Spring
- Actress & Voting Rights Activist, Angelica Love Ross Endorses Rep. Renitta Shannon for Lt. Governor
- The world's most anticipated blockchain game "Rise of Elves", is going to launch its Closed Beta in May!
- Noted storyteller and technologist Angelica McKinley joins the board of NMHA
- West Shore Construction Named #1 Hurricane Fabric Dealer in the Country
- Exterro Enhances Digital Forensic and Incident Response Automation with Major Upgrades to FTK® Connect
- PURE Property Management Launches Institutional Management Division, Provides High-tech, High-touch, and Hyperlocal Property Management Nationwide
- AGCO to Present at the Morgan Stanley 7th Annual Sustainable Futures Conference
- Dungeon Forward Inks Multi Collection Deal with Nickelodeon and Paramount Consumer Products
- Autotrader Names 10 Great Cars for Grads in Class of 2022
- M.King Media's 2nd Special Report "Black America: We Have A Problem" Is Now Streaming
- Hustle & Blow Dry Bar Announces New Location and Rebrand to Full Bloom Salon & Dry Bar
- Silva Capital Solutions Celebrates 25th Anniversary
- Atlanta: Mayor's Office of Cultural Affairs Presents Jazz 101