Twitter Invests in New Avatar System Facemoji

The startup has raised a $3 million USD seed round led by Play Ventures.

Tech
3,151 Hypes 1 Comments

Twitter has invested in Facemoji, a plug-and-play startup platform that aids technological developers in implementing avatar systems into apps and games, as neighboring tech giants including Apple and Facebook begin to move into the avatar space.

The platform has raised a $3 million USD seed round led by Play Ventures, according to TechCrunch. Facemoji functions on its own rendering pipeline, unlike most other platforms, which utilize Unity plugins that most developers would prefer to avoid. Additionally, the startup hosts its own system of avatar artwork, which is available to developers.

Facemoji is built around the idea that a growing number of game-makers want to conveniently expand their own avatar network without having to plug into other systems. As reported by TechCrunch, the startup’s founders have been working on integrating their practice into plug-and-play NFT storefronts that will allow users to purchase accessories for their avatars, citing the growth of crypto Twitter profile pictures as an indicator of consumer interest.

“Ultimately, it boils down to ego,” Facemoji CEO Robin Raszka told the outlet. “How you show off that you have a Birkin bag, avatars on Twitter is the prime real estate for this, people just want to show off.”

Elsewhere in tech, Elon Musk’s SpaceX is now worth $100 billion USD.

Read Full Article

What to Read Next

Twitter Is Testing A New In-App Shopping Feature
Tech

Twitter Is Testing A New In-App Shopping Feature

Select businesses can now display their products at the top of their profile.

Twitter Acquires Threader App To Build Out Exclusive Features for Twitter Blue
Tech 

Twitter Acquires Threader App To Build Out Exclusive Features for Twitter Blue

The app curates Twitter threads into a single page.

Twitter Blue Subscription Service Launches in the United States
Tech

Twitter Blue Subscription Service Launches in the United States

With several features including the ability to “undo” a tweet.


Twitter Accidentally Confirms New ‘Twitter Blue’ Subscription Service
Tech

Twitter Accidentally Confirms New ‘Twitter Blue’ Subscription Service

Leaked in the App Store.

Inside Bianca Saunders' Versatile London Studio
Fashion

Inside Bianca Saunders' Versatile London Studio

We visit the 2021 ANDAM fashion award winner’s workspace.

21 Savage, G Herbo and Lil Durk Hop on Nardo Wick's "Who Want Smoke??"
Music

21 Savage, G Herbo and Lil Durk Hop on Nardo Wick's "Who Want Smoke??"

Along with a Cole Bennett-directed Lyrical Lemonade music video.

Sole Mates: Jared Blake and Ed Be on the Clarks Wallabee and Air Jordan 9
Footwear 

Sole Mates: Jared Blake and Ed Be on the Clarks Wallabee and Air Jordan 9

The Lichen co-founders riff on the parallels between footwear and furniture, problem solving through design and more.

Facebook Experienced an Outage and Memecoins Jumped in This Week’s Business and Crypto Roundup
Tech 

Facebook Experienced an Outage and Memecoins Jumped in This Week’s Business and Crypto Roundup

While the ‘Evolved Apes’ NFTs turned out to be a scam.

Jil Sander+'s $1,290 USD Blankets Double as Scarves
Fashion

Jil Sander+'s $1,290 USD Blankets Double as Scarves

And you can even carry it when you’re done.


adidas Consortium Overhauls the ADIZERO Pro RNRS High for the Boston Marathon
Footwear

adidas Consortium Overhauls the ADIZERO Pro RNRS High for the Boston Marathon

Complete with “EQT Green” flames.

MM6 Maison Margiela Puts Eastpak Into "Reverse Mode"
Fashion

MM6 Maison Margiela Puts Eastpak Into "Reverse Mode"

The five styles are inside out, back to front and rearranged.

New Balance's 920 "Sand/Burnt Orange" Is Ready for Fall
Footwear

New Balance's 920 "Sand/Burnt Orange" Is Ready for Fall

Is this one of the best colorways to release so far?

Burger King's "Gourmet Kings" Range Will Elevate Your Takeout Order
Food & Beverage

Burger King's "Gourmet Kings" Range Will Elevate Your Takeout Order

Launching two luxury burgers: “The Argentinian” and “The Steakhouse.”

Mercedes-Benz Launches "MANUFAKTUR" Label Customization Program
Automotive

Mercedes-Benz Launches "MANUFAKTUR" Label Customization Program

For those who want platinum and gold badges, custom leather interiors, or special paints.

More ▾
 
Subscribe to our Newsletter

Gain access to exclusive interviews with industry creatives, think pieces, trend forecasts, guides and more.

By subscribing, you agree to our Terms of Use and Privacy Policy.

Adblock Detected.

We charge advertisers instead of our readers. If you enjoy our content, please add us to your adblocker's whitelist. We'd really appreciated it.