There is a person named "Snoop Dogg."
Noam Galai is a photographer for SiriusXM.
Outlier Venture Capital is a venture capital firm that is going to invest in the metaverse with the help of two rap artists.
Outlier Venture's Base Camp accelerator will allow Deadmau5 and Snoop Dogg to invest in, advise, and collaborate with startups. Other new members include the co-founder of Sandbox.
The next set of ventures will start in early 2022. Base Camp is referred to as the Y-Combinator of the metaverse by the VC firm.
Dead5Mau
Mark Makela/Corbis.
One of the first venture capital firms dedicated to investing in the emergingcryptocurrencies was Outlier Ventures.
Over 5,000 applications have been received by the London-based firm since it launched its Base Camp accelerator in 2019. The company said that it is on target to accelerate over 100 startups.
Its portfolio includes projects that focus on metaverse use cases.
Jamie Burke, founder and CEO of Outlier Ventures, said in a statement Thursday that they need the best people from across finance, culture, and technology to accelerate the open metaverse. The metaverse will eventually connect every platform, virtual world, and game into a single permissionless peer-to-peer economy native to the internet.
Metaverse, a buzzy, all-encompassing term that refers to a new iteration of the internet, is gaining mainstream attention as Meta Platforms (formerly Facebook) and other mega-tech companies have increased their investments in the field. The metaverse is a place for people to interact using their NFTs.
Morgan Stanley estimated that the metaverse could be an $8 trillion opportunity, though there are still some short-term hurdles.
Business Insider has an original article.
