Matterless Studios Receives Backing from Kenetic Capital to Bring Pets to the Metaverse

Matterless
2 min readNov 23, 2021
A Matterless cat displays never before seen behavior — sitting when asked nicely!
Kenetic has 6 years of experience investing in the digital asset space

November 23nd, 2021 — Matterless Studios is happy to announce that Kenetic Capital has chosen to back our vision of bringing augmented reality companions to the metaverse. Together with other notable backers like Outlier Ventures and Cadenza, Kenetic Capital is throwing its weight behind the world’s first truly social AR experience.

Matterless is creating virtual animal companions embodied in augmented reality to help build new friendships and combat loneliness and alienation, with state-of-the-art AR technology and an innovative ecosystem and economy based on the upcoming Metamass token.

Metamass, the tokenized life force of the matterless realm, will fuel interactions in the digital ecosystem of the Matterless universe. It can be staked (or planted) in real-world locations to feed and attract wild matterless creatures.

Jehan Chu, Co-Founder of Kenetic Capital commented:

“Matterless is reimagining how we think about human connection in the Web3 age; their signature AR NFT pets open a new universe of companionship. Part metaverse, part magic, part man’s best friend, everyone will want a Matterless pet to keep them company into the future.”

Kenetic Capital is a privately held trading venture capital company and investment firm specializing in digital assets and startups using blockchain technology.

A moose surrounded by local metaflora.

Nils Pihl, the CEO of Matterless Studios pointed out:

“Humans want to love and nurture. If the metaverse only becomes an avenue for expressing individuality and consumption, then we are missing the opportunity for a much more meaningful revolution. At Matterless we choose to use these powerful new technologies to build an outlet for our human impulse to love and connect, rather than our desire to consume and atomize. We are on a mission to paint our spaces with companionship, community, and connectedness.”

About Matterless Studios

Digital life. Real connections. True Affection.

Matterless Studios is an augmented reality studio building the future of digital relationships, creating outlets for human love, nurture, and creativity. For more information visit www.matterless.com, join the Discord, or follow us on Twitter or here on Medium.

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Matterless

Matterless is building digital toys and companions in shared augmented reality. Play with magic.