Why Metakraft is Central to Our Strategic Shift - Pivot

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5 min read

Why Metakraft is Central to Our Strategic Shift - Pivot

Introduction

The extended reality (XR) and immersive entertainment markets are transforming and are driven by innovations like generative AI and 3D content creation. At Pivot, our mission as the best Web3 accelerator is to identify and support revolutionary technologies. One such transformative venture is Metakraft, which is redefining how digital experiences are created and monetized. With its cutting-edge AI-powered platform, Metakraft enables the seamless creation of gamified Web 3.0 realms, cementing its position as a leader in the Web3 startup accelerator space.

The Current State of AR and Immersive Entertainment

The immersive entertainment market has seen tremendous growth thanks to the rise of virtual reality (VR) and augmented reality (AR). These technologies are enriching sectors like gaming, education, and retail. Forecasts predict the global XR market will hit $500 billion by 2030, with industries leveraging immersive technologies to deliver value across education, healthcare, and entertainment. As a Web3 accelerator, we recognize this trend and the role of innovative tools like Metakraft that are shaping the next era of Web3 ventures.

Why Metakraft Is a Game-Changer

Metakraft stands out in this evolving ecosystem by democratizing 3D content creation. Through its no-code platform, it empowers creators to build immersive experiences effortlessly, bridging the gap between Web 2.0 and the gamified Web 3.0 universe. As part of our work at Pivot, a leading Web3 startup incubator, we closely follow emerging projects like Metakraft, which is poised to redefine digital content creation for both seasoned developers and newcomers alike.

Core Innovations of Metakraft

  1. AI-Driven 3D Texture Generator

  2. This tool simplifies the design process, enabling creators to generate high-quality 3D models without technical expertise, a key innovation for the Web3 startup accelerator community.

  3. Voice/Text-to-3D Conversion

  4. A revolutionary feature that allows users to describe their vision, turning ideas into 3D models in real time. This capability enhances the Web3 startup ecosystem, enabling faster and more creative development cycles.

With these innovations, Metakraft caters to growing demand across industries, from gaming to education, while aligning with Pivot’s strategic goals as the best Web3 accelerator.

Metakraft’s Leadership: A Key Strength

At Pivot, we prioritize founders who bring expertise and vision to their ventures. Metakraft’s leadership team, led by CEO Abhishek Roushan, COO Srikant Kanuri, and CPO Gaurav Mishra, exemplifies this standard.

  • Abhishek Roushan: A blockchain and startup expert with years of experience in the Web3 startup accelerator landscape.

  • Srikant Kanuri: A Harvard alumnus who has driven innovation in e-commerce.

  • Gaurav Mishra: An AI specialist with a track record in cloud computing.

Their combined experience across tech giants like Unity, Unreal, and Polygon positions Metakraft to lead the next wave of innovation in Web3 accelerator programs.

Democratizing Web3.0 Through Metakraft

Metakraft’s no-code platform is transforming how creators interact with digital spaces. This approach democratizes content creation, making high-quality tools accessible to all. By leveraging its AI capabilities, Metakraft has unlocked opportunities for creators to monetize immersive experiences—a critical element in fostering a sustainable Web 3.0 ecosystem.

As Web3 accelerators like Pivot foster innovation, tools like Metakraft’s platform will continue to bridge the gap between creators and Web3 investors, enabling new opportunities for Web3 startup growth.

Addressable Market for Metakraft

The immersive entertainment market is growing at a compound annual growth rate (CAGR) of 24.9% and is expected to reach $519.77 billion by 2030. Metakraft’s products address key sectors, including:

  1. Gaming: Enhanced virtual environments and gamified user experiences, a central feature for Web3 startup accelerators focused on the future of digital content.

  2. Education: Interactive tools for immersive learning, transforming how educational content is consumed and delivered in Web3.

  3. Retail: Virtual showrooms and augmented shopping experiences, setting the stage for next-generation Web3 ventures in the retail industry.

These align with Pivot’s mission as a premier Web3 startup incubator to identify ventures with scalable potential in the Web3 ecosystem.

Traction and Partnerships

Since its inception, Metakraft has demonstrated strong momentum:

  • 4,100 monthly sessions

  • 25,000 early access requests

  • $50K revenue in 2023, projected to grow fivefold by 2024.

Collaborations with industry leaders like Nvidia, AWS, and Reliance Tessaract reinforce Metakraft’s value proposition. Its partnerships with blockchain ecosystems, including Polygon and Near, further cement its reputation as a leader in Web3 accelerator programs.

Pivot’s Strategic Role

At Pivot, we view our relationship with Metakraft as more than just an investment—it’s a strategic partnership. As a Web3 startup incubator, our role includes:

  • Accelerating Growth: Leveraging our flagship Web3 accelerator program to fast-track Metakraft’s journey.

  • Regulatory Guidance: Navigating compliance challenges to ensure sustainable operations within the Web3 ecosystem.

  • Connecting to Web3 Investors: Facilitating access to top-tier Web3 investors who share our vision of shaping the future of immersive technologies.

The integration of AI and immersive technologies is reshaping industries. From gaming to healthcare, Metakraft’s platform has the potential to drive innovation. By enabling the creation of gamified Web 3.0 experiences, Metakraft is not just following trends—it’s setting them. As the best Web3 accelerator, Pivot is proud to support initiatives like Metakraft that will define the future of Web3.

Metakraft’s Vision for the Future

Metakraft is at the forefront of a digital revolution. With plans to expand its toolset and reach new markets, it is well-positioned to define the future of immersive experiences. Pivot’s continued backing highlights our belief in its ability to lead in the Web3 accelerator program landscape, ensuring the long-term success of this game-changing venture.

Conclusion

Metakraft’s AI-powered platform is a game-changer in the immersive entertainment and Web 3.0 industries. Bridging the gap between Web 2.0 and Web 3.0 is paving the way for a more inclusive, gamified digital future. With its innovative tools, visionary leadership, and Pivot’s support as the best Web3 accelerator, Metakraft is poised to reshape the creator economy and define the future of digital innovation.

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