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Hologram Labs

Hologram Labs

Platform for creating motion-tracked avatars

About

Hologram Labs provides a platform for creating and using motion-tracked characters that enhance digital identity and self-expression in the metaverse. Users can easily access this service on any device with just one click, allowing them to utilize personalized avatars for video calls, livestreams, and virtual environments. The platform is particularly beneficial for artists, content creators, and communities engaged in social media, gaming, and virtual conferencing. Unlike competitors that offer generic templates, Hologram Labs focuses on unique, customizable characters and wearables that reflect individual brands and communities. The company operates on a subscription-based model, providing advanced features for a fee, and collaborates with NFT collections to animate digital assets, creating additional revenue through partnerships. Hologram Labs aims to lead in the digital identity space by offering versatile tools that foster creativity and community engagement.

Company Stage

Seed

Employees

1-10

Industries

Hardware, VR & AR

Total Funding

$6.5M

Headquarters

N/A

Founded

2021


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Simplify's Take

What believers are saying

  • The $6.5 million seed funding positions Hologram.xyz for rapid growth and technological advancements.
  • Partnerships with NFT projects like Deadfellaz expand the platform's reach and offer innovative use cases for digital assets.
  • The subscription-based model ensures a steady revenue stream, allowing for continuous feature enhancements and customer support.

What critics are saying

  • The nascent market of digital identity and the metaverse is highly competitive, requiring constant innovation to stay ahead.
  • Dependence on the NFT market could pose risks if the popularity of NFTs declines.

What makes Hologram Labs unique

  • Hologram.xyz offers motion-tracked characters for video calls and virtual spaces, setting it apart from competitors that rely on static or generic templates.
  • The platform's one-click accessibility on any device makes it highly user-friendly, unlike more complex solutions in the market.
  • Collaborations with NFT collections to animate digital assets provide a unique revenue stream and enhance user engagement.

Growth & Insights
Headcount

6 month growth

75%

1 year growth

75%

2 year growth

133%

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