Peer Global Inc. Raises $10.5M to Transform Gaming and Social Media with World's First True Metaverse Game Engine and Launch of 3D Personal Planets
Summary
Previous investors include the LA area Family Offices of Dr. Hannah Vu, Dr. Paul Duong, Dr. Quan Nguyen, Dr. Trina Nguyen, Khanh Van Nguyen and Jan Nguyen.Peer will use the funds to fuel hiring and accelerate AI product development as it publicly launches personal today with a dynamic, AI-powered world where exploration, creativity, and social connection come togetherall built on Peers platform, the first true metaverse game engine that enables developers to create multiple games that can be connected to one another.While legacy social media sites are built around linear timelines and feedsdesigned to create FOMO and addictionPeer is a persistent 3D world that combines the exploration of Pok\xe9mon GO with the creativity and user-generated experiences of Roblox. Users scroll through images, videos, and text organized chronologically or algorithmically, and interactions are mostly limited to likes, comments and shares with just a glimpse or keyhole peek at information. The trail isnt static; Peer aims to use various AI models to apply layers of immersion, to recreate what was captured such as the sound of rustling leaves, expands on the beauty of the surroundings, and even highlights trivia or history about the area. No other social network can do this.Peer based its inspiration on 3D metaverse films like Ready, Player, One but users can now do all of this from their phones on the Peer app with AI driving the creation of content. With its proprietary online game engine and native 3D map, Peer replaces the addictive news feed with a real-time global environment where users explore instead of scroll, bringing AI and 3D together in an entirely new way for people to connect.