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Virtual Avatar Company Hologram Raises $6.5M to Fuel Digital Identities
Summary: Virtual avatar company, Hologram, announced it has raised $6.5 million in seed funding led by Polychain Capital, in an effort to expand their team, according to a press release Thursday. The funding round, featuring participation from Nascent, Inflection, The Operating Group and others, aims to bolster their employees by hiring engineers and artists and to ...
Virtual avatar company, Hologram, announced it has raised $6.5 million in seed funding led by Polychain Capital, in an effort to expand their team, according to a press release Thursday.
The funding round, featuring participation from Nascent, Inflection, The Operating Group and others, aims to bolster their employees by hiring engineers and artists and to expand their partnerships with other digital communities in the space.
Hologram was designed to partner with online communities to create a space where self expression and digital identity can exist in the metaverse. Founded in 2021 by Tong Pow and Hongzi Mao, Hologram prides itself on being able to take on any identity in the metaverse, which cannot be done in the web2 world.
“Web3 and the open metaverse enables us to own our digital identities,” their website says. “The reputation and value we accrue remains with us, not the platforms and the aggregators.”
In short, Hologram believes the world of self expression in web3 remains virtually limitless. That is why they believe non-fungible tokens (NFTs) as avatars have become so popular.
This announcement comes roughly four months after Hologram partnered with Anata NFT, an anime NFT avatar collection. They are also working with other NFT projects like Cool Cats, Deadfellaz and Crypto Covens.
Author: Tyler Irvin
Tags: hologram,NFTs
Link: Virtual Avatar Company Hologram Raises $6.5M to Fuel Digital Identities [Copy]