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Kaleidoco, an augmented reality and Web3 company, has raised a new round of $7.1 million in funding from the blockchain gaming community.
The company is coming off debuting its Particle Ink Metaverse at the opening of the TED2022 event, and it also has a live AR installation in Las Vegas.
The founders are Jennifer Tuft and Cassandra Rosenthal, both film industry vets with decades of experience.
“When Cassandra and I experienced the LightPoet’s installation in 2017, we instantly knew that this was something we wanted to build into the transmedia property of the future. The richness and emotionality of the characters and art coupled with the seamless and invisible application of the technology was unlike anything either of us had seen before,” said Jennifer Tuft, cofounder and co-CEO of Kaleidoco, in a statement. “We were immediately drawn to this world, not just for its creativity and beauty but also for its purposeful and impeccable application of technology.”
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Kaleidoco describes itself as a Web3 entertainment technology company whose original AR experiences enhance human connection. Its original, mixed reality metaverse, Particle Ink, is set within the 2.5th Dimension. Leveraging the Kaleidoco AR Tech Platform, the Particle Ink Metaverse encapsulates a GameFi experience as another portal into the 2.5 Dimension ○ Definition of the 2.5th
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