Wilder World Company Profile
Background
Wilder World is a pioneering developer of a decentralized, immersive 3D metaverse that integrates non-fungible tokens (NFTs) to empower digital artists and creators. Established in 2019 and headquartered in San Francisco, California, the company aims to build a community-driven virtual world where users can create, collect, and trade digital assets within a photorealistic environment. By leveraging cutting-edge technologies such as real-time photorealism, virtual reality, blockchain, and artificial intelligence, Wilder World seeks to redefine the digital art and gaming industries.
Key Strategic Focus
Wilder World's strategic focus centers on developing a multifaceted metaverse that offers users a seamless blend of gaming, social interaction, and economic opportunities. The company's core objectives include:
- Metaverse Development: Creating "Wiami," a vast, open-world virtual city that serves as the initial environment within Wilder World.
- NFT Integration: Establishing a decentralized marketplace for artists and collectors to mint, collect, and sell rare digital art without platform fees.
- Community Governance: Implementing a decentralized autonomous organization (DAO) structure, allowing community members to participate in decision-making processes.
- Technological Innovation: Utilizing Unreal Engine 5 for game development and integrating blockchain technology to ensure secure and transparent transactions.
Financials and Funding
Since its inception, Wilder World has successfully secured a total of $36 million in funding over multiple rounds:
- May 2021: Raised $3 million in a seed round led by Spartan Group, with participation from investors including DCG, Animoca Brands, Republic Realm, and Signum Capital.
- January 2022: Secured an additional $30 million in a Series Unknown round, attracting a diverse group of investors.
The capital raised is intended to support the development of the metaverse platform, enhance technological infrastructure, and expand the company's team to accelerate growth.
Pipeline Development
Wilder World's development roadmap is structured into several phases, each introducing new features and experiences:
- Phase I: Racing: Introduction of fast-paced street racing with SimCade physics and vehicle customization.
- Phase II: Exploration: Embarking on quests to achieve specific objectives, uncover mysteries, and level up through narrative-driven experiences.
- Phase III: Combat: Engaging in close combat using hand-to-hand or melee weapons against multiple opponents in a fast-paced open-world setting.
- Phase IV: Grand Strategy: Overseeing the development and expansion of Wiami, managing resources, and making strategic decisions to build an empire.
The company is actively developing these phases, with early access and beta testing planned to gather user feedback and refine the platform.
Technological Platform and Innovation
Wilder World distinguishes itself through its proprietary technological platforms and innovative methodologies:
- Proprietary Technologies:
- $WILD Token: Serves as the in-game currency, enabling users to purchase and trade digital collectibles, participate in governance, and earn rewards.
- Liquid NFT Marketplace: A decentralized platform where artists and collectors can mint, collect, and sell rare digital art without platform fees.
- Significant Scientific Methods:
- Integration with MetaGravity's HyperScale Engine: Enables the platform to support up to 10,000 concurrent users in a single shard, enhancing scalability and performance.
- Utilization of Unreal Engine 5: Facilitates the creation of a photorealistic and immersive virtual environment.
Leadership Team
Wilder World's leadership comprises experienced professionals with diverse backgrounds:
- Frank Wilder: Co-Founder & Art Director.
- Phoenix Wilder: Co-Founder & Social Lead.
- Andrew Lee: Co-Founder.
- David Waslen: Co-Founder.
- Hypno Wilder: Co-Founder.
Each member brings unique expertise, contributing to the company's vision and strategic direction.
Competitor Profile
Market Insights and Dynamics:
The metaverse and NFT markets have experienced significant growth, driven by increasing interest in virtual experiences and digital asset ownership. The global metaverse market is projected to reach substantial valuations, with key drivers including advancements in blockchain technology, virtual reality, and user-generated content.
Competitor Analysis:
Wilder World operates in a competitive landscape with several notable players:
- Decentraland: A virtual world where users can purchase, develop, and sell parcels of land as NFTs.
- The Sandbox: A community-driven platform where creators can monetize voxel assets and gaming experiences on the blockchain.
- Bloktopia: A virtual reality skyscraper hub for the crypto community, offering immersive experiences and educational content.
These competitors focus on various aspects of the metaverse and NFT ecosystems, each bringing unique features and user experiences to the market.
Strategic Collaborations and Partnerships
Wilder World has established significant partnerships to enhance its technological capabilities and market position:
- MetaGravity: Collaborated to integrate the HyperScale Engine, enabling the platform to support up to 10,000 concurrent users and reduce cloud computing expenses.
- Epic Games Store: Secured a listing on the Epic Games Store during alpha testing, increasing visibility and accessibility to a broader gaming audience.
These collaborations aim to strengthen Wilder World's infrastructure, scalability, and user engagement.
Operational Insights
Wilder World's strategic considerations include:
- Decentralized Governance: Implementing a DAO structure to empower the community in decision-making.