Altered State Machine Ltd

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Altered State Machine Ltd - overview

Established

2021

Location

Auckland, -, New Zealand

Primary Industry

Internet

About

Based in Auckland, New Zealand, and founded in 2021, Altered State Machine Ltd operates as an artificial intelligence-based metaverse company that offers a platform and protocol which any developer can build on it. The company was founded by its CEO David McDonald. In March 2022, Altered State Machine Ltd raised seed funding led by TCG, 6th Man Ventures, and AirTree Ventures. As of 2021, the company is having an employee count of hundred staff members.


The firm provides an ecosystem that offers an artificial intelligence-based avatar called an agent. The agent is having two parts which were the brain and the avatar which are interchangeable. It offers the users to train their agents and allows them to perform activities in the open metaverse. The ecosystem also offers a training gym for artificial intelligence and allows users to own and trade using the non-Fungible token mechanism.


Current Investors

Vendetta Capital, Warner Music Group Corp., TCG

Primary Industry

Internet

Sub Industries

Web Applications, Content Management Software, Gaming

Website

www.alteredstatemachine.xyz

Verticals

Artificial Intelligence, Blockchain, FinTech

Company Stage

Angel & Seed

Total Amount Raised

Subscriber access only

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