Metaverse News

Mark Cuban Invests $5 Million in Oorbit, UK’s Metaverse Pioneer

UK-based Oorbit has secured a $5 million investment from prominent figures like Mark Cuban, Deadmau5, and HOF Capital. Anticipated for a late 2022 release, Oorbit is dedicated to constructing an interactive entertainment platform for the metaverse.

Oorbit is actively developing an infrastructure that consolidates experiences and virtual worlds within the metaverse, aiming to dismantle entry barriers to various platforms. Positioned as a gateway, Oorbit seeks to provide access to diverse activities, creative spaces, and virtual games centered around the metaverse.

Mark Cuban Invests $5 Million in Oorbit, UK's Metaverse Pioneer

CEO Ash Koosha emphasizes Oorbit’s mission to simplify the understanding of key technologies like blockchain, cloud streaming, NFTs, and fintech—integral to Web3 and metaverse growth. The platform intends to leverage these technologies to enhance user experiences.

With a commitment to accessibility, Oorbit aims to make its platform available across all devices commonly used by consumers.

Recognizing the conceptual and accessibility challenges associated with the metaverse, the company strives to create a user-friendly platform, facilitating seamless transitions between different games and contributing to the realization of the metaverse concept.

Oorbit’s platform is designed to be user-friendly, offering rewards programs and daily updates without requiring downloads or installations.

The company is actively seeking software developers to contribute to the ongoing development of this innovative space.

Mark Cuban highlights Oorbit’s innovation, providing an efficient platform for developers, publishers, and brands to produce and publish their creations easily.

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