Passage
Passage is an accessible and customizable 3D world for video chat, presentations, collaboration, and e-commerce.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor investor investor | €0.0 | round | |
* | $6.0m | ICO | |
| Total Funding | 000k | ||
Passage.io operates in the virtual reality and digital experience market, offering a platform that enables users to create and connect immersive virtual worlds. These worlds can range from games and events to community spaces and casual hangouts. Utilizing advanced technologies like Unreal Engine 5, Passage.io provides high-quality graphics and spatialized audio, enhancing the realism of virtual interactions. The platform is designed for ease of use, featuring intuitive touch controls that allow users of all ages to navigate 3D environments effortlessly.
Passage.io serves a diverse clientele, including gamers, event organizers, and communities looking for virtual spaces to interact. The business model revolves around the sale of PASG Tokens, which are used to build, sustain, and secure virtual worlds. Additionally, the platform offers tools for minting and selling NFTs, providing another revenue stream. Event tools enable users to host ticketed events, while collaboration tools facilitate in-world screensharing and whiteboarding.
Revenue is generated through token sales, event hosting fees, and NFT transactions. The platform's decentralized nature, powered by Akash, ensures scalability and security.
Keywords: virtual worlds, 3D video chat, Unreal Engine 5, PASG Tokens, NFT integration, event hosting, spatialized audio, decentralized cloud, collaboration tools, immersive experiences.