Futureverse Restructures to Boost Main Products
Futureverse, a tech behemoth renowned for FLUF World NFTs and the AI League mobile soccer app, has revealed a reorganization. This comes after a preceding $54 million funding round in 2023 and the consolidation of 11 startups across diverse sectors.
The company seeks to fortify its base and rearrange operations to better support its primary products and applications. Futureverse, comprising merely 10% blockchain technology, has made significant strides in several tech areas. Nevertheless, it deems changes necessary for its long-term vision.
Last year, Futureverse shed around 20% of its staff during a prior restructuring. Despite this, the company still maintains a workforce of over 250 people. The latest restructuring impacts only the main corporation, not its subsidiaries. The company's preceding $54 million funding round was received in March 2022.
Futureverse's reorganization is a strategic move to bolster its primary products and applications. While the company has made genuine progress in various tech areas, it is dedicated to making changes for its long-term vision. The company's workforce remains robust, with over 250 employees.
