NFT EVENING - MetaJuice has announced the launch of a fully merged NFT Marketplace onto the social media IMVU metaverse. The official statement comes during the NFT.NYC gathering, and in Q3, ~1M daily active users will have access to the NFT marketplace. The NFT marketplace will give IMVU users the ability to monetize their platform in several ways. IMVU is an online virtual world and social networking platform founded in 2004. Now, it is a metaverse space with ~200K active IMVU creators. It is a top 5 grossing app in the iOS/Apple App Store and Google Play Store.
12 posts categorized "IMVU"
MetaJuice to Launch Integrated NFT Marketplace on IMVU Metaverse
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IMVU Raises $35M From China's NetEase and Others
TECH CRUNCH - Jan 26 - NetEase (founded in 2005), the second-largest gaming company in China behind Tencent, is among a group of investors who just backed IMVU, an avatar-focused social network operating out of California. Menlo Park-based Structural Capital among other institutions also joined in the strategic round totaling $35M. IMVU has raised over $77M from five rounds since it was co-founded by The Lean Startup author Eric Ries back in 2004. The fresh investment will be used to fund IMVU's product development and comes fresh off a restructuring at the company.
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IMVU Launches Ethereum Token to Power Its Virtual Economy
COINDESK - Jan 13 - Digital avatar and social networking platform IMVU announced the launch of its VCOIN digital token after getting the green light from the U.S. Securities and Exchange Commission (SEC) late last year. VCOIN is an Ethereum-based ERC-20 token that can be exchanged both on and off IMVU's platform. Users will be able to buy goods and services with the digital tokens on IMVU's platform, while earners will be able to convert tokens into cash if desired.The token will be sold initially at a rate of 250 VCOIN for $1, or $0.004 per token.
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Avatar Social Network IMVU Gets SEC Nod for Token Sale
FINANCE MAGNATES – Nov 20 - The US top regulator issued a No-Action Letter to a cryptocurrency-based startup called IMVU that the SEC's Division of Markets and Trading will not recommend an enforcement action based on a number of assumptions that include, among other things, that the VCOIN tokens will not be traded on secondary markets. Based in Redwood City, California, IMVU is a 3D avatar-based social networking platform. It allows registered users to customize their characters, connect with friends in 3D chat rooms, and make new ones around the world through shared experiences. IMVU also hosts a marketplace featuring a catalog of virtual goods made by ~50k creators.
by Aziz Abed-Qader
See full article at Finance Magnates
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IMVU Tests The Groupon Business Model
SNW NEWS TIP - Apr 14 - IMVU, the social entertainment network, offered its community members 72 hours to pay $99 for 200,000 IMVU credits, the virtual currency used on IMVU to buy virtual goods from the company’s catalog. The IMVU Crew-pon deal was offering IMVU members a savings of $100 or 50% off the regular cost of 200,000 credits. The results: 1,126 Crew-pons sold equaling ~$112K. “By experimenting with the popular group deal approach, IMVU was able to drive a 27% increase in the average number of dollars spent per order,” said Lee Clancy, SVP of Product Management and GM of Direct Revenue.
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IMVU Online 3D World Gaining Popularity As A Dating Platform
MUSIC TALKERS - Jan 21 – IMVU is an online virtual 3D world where users can meet and interact with new people. The service is available to all ages, though there are strict age verification procedures to prevent access to adult sections by minors. This is an important feature, as the service is increasingly being used for online dating. IMVU is free to join and customize your own avatar, with additional features and upgrades available at a cost. FULL ARTICLE @ MUSIC TALKERS
This post also appears on OnlinePersonalsWatch.
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IMVU Launches Its Social Game And Entertainment Destination In Europe
PRESS RELEASE - Nov 12 - IMVU, a social network where members use 3D avatars to meet new people, chat, create and play games with their friends, launched seven new internationalized versions of IMVU (Dutch, French, German, Italian, Portuguese, Spanish and Swedish). “We see a lot of interest coming from Europe, where we currently have ~11M registered users,” said Cary Rosenzweig, CEO of IMVU.
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IMVU Partners With Viximo, Heyzap And OMGPOP
PRESS RELEASE - Sep 21 - IMVU, an online community where members use 3D avatars to meet new people, chat, create and play games with their friends, is expanding into social entertainment by offering casual and social games by partnering with leading games developers Viximo, Heyzap and OMGPOP. FULL ARTICLE @ MARKETWIRE
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IMVU Selected As Inc. 500 Company
PRESS RELEASE - Aug 24 - IMVU, an online community and social entertainment network where members use 3D avatars to meet new people, chat, create and play with their friends, today announced that Inc. magazine named IMVU to its 29th annual Inc. 500 list, an exclusive ranking of the nation’s fastest-growing private companies. For the past 30 years, the Inc. 500 list has served as evidence of the significant accomplishments and growth of a select few companies in America.
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IMVU Partners With Zoosk
PRESS RELEASE - Feb 11 - IMVU, an avatar-based social network and virtual world where people meet and interact in 3D, partners with Zoosk to bring the dating service to IMVU. To join the Zoosk service within IMVU, members age 18 and over will simply click the "Dating" link under the Community tab. From there, they will follow the step-by-step instructions to create an account. FULL ARTICLE @ PR LOG
This post also appears on OnlinePersonalsWatch.
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IMVU Launches A Virtual Branded Storefront For Charlotte Russe
PRESS RELEASE - Dec 17 - IMVU, an avatar-based social network and virtual world where people meet and interact in 3D, has launched a virtual branded storefront for clothing retailer Charlotte Russe, a growing, mall-based specialty retailer of fashionable, value-priced apparel and accessories.
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IMVU Virtual Currency Cards Now At Rite Aid Stores
PRESS RELEASE -- June 23 -- IMVU, an avatar based social network and
virtual world now offers prepaid virtual currency cards at Rite Aid
Stores in 31 states nationwide. IMVU prepaid virtual currency cards can
be purchased in $25 denominations. IMVU credits can be used for
purchases from IMVU’s digital goods catalog. FULL ARTICLE @ PR LOG
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