Virtualness Strengthens its Engineering Team with SVP of Nykaa, Ashish Singh, Joining as Chief Technology Officer

Ashish brings expertise in AI, e-commerce, consumer and enterprise products. He will lead a global team with deep AI, blockchain and mobile ecosystem skills

DUBAI, UAE, February 1, 2023 /EINPresswire.com/ — Virtualness, a mobile-first platform designed to help creators, brands, and the sports, media and entertainment industry navigate the complex world of web3, announced today that Ashish Singh will join Virtualness as CTO.

“We were looking for a partner who shared our vision about the tremendous power of web3, had a demonstrated track record of building global products at scale rooted in deep consumer insight and a people-first leader,” said Kirthiga Reddy and Saurabh Doshi, co-founders of Virtualness. “Ashish consistently stood out across all dimensions from a pool of extraordinarily talented leaders. We are thrilled to welcome him to Virtualness.”

Virtualness has an ambitious product vision. The platform provides the ability to design, mint and showcase branded digital collectibles; share across social media channels and interact directly with communities. The digital collectibles enable unique experiences and unlock new channels for monetization. AI fuels every part of the tech stack across creation, commerce and community capabilities. There are many missing pieces of infrastructure in the web3 world that one takes for granted in web2, which necessitates rapid iterations on what needs to be built and identifying the right long-term partners towards the vision.

“I was delighted to be part of the interview panel for this critical role for Virtualness,” said Ashutosh Garg, founder & CEO, Eightfold.ai, a global Talent Intelligence Platform . “Kirthiga and Saurabh outlined a very clear vision for the type of leader they were looking for that matched the company, product and go-to-market vision. As I assessed candidates from my vantage point of being a founder and CEO of a growth-stage startup, Ashish had my strongest endorsement. I am excited to see Virtualness grow from strength to strength with Ashish joining as CTO.”

“The power of digital collectibles has captured my attention for years, having seen the success of e-commerce,” said Ashish Singh. “As I explored the power of blockchain further, it was rapidly clear to me that digital commerce which bundles asset ownership, identity and utility as a concept is vastly underutilized. Kirthiga and Saurabh’s vision of making web3 accessible globally for creators, brands, sports, media and entertainment is compelling. The strong engineering team they have assembled, the initial traction they have achieved, and their focus on bringing the power of AI and blockchain together to fuel the vision makes this the right next legacy I want to be an integral part of.”

Ashish joins Virtualness after an extensive search, which included exceptional candidates from across the globe – with big tech and startup backgrounds. The company has employees across four locations – US, Singapore, India and Dubai.

Ashish most recently served as Senior Vice President of Technology at Nykaa for about four years, having seen the company from early days to a successful public listing and beyond. He has also held leadership roles in other venture funded startups and global services companies such as AffordPlan and Axslogic where he led diverse teams, worked on technology that has been patented in many countries, conceptualized and delivered leading consumer and enterprise products and been at the forefront of AI and e-Commerce. Ashish holds a B.Tech in Computer Science and Engineering from IIT Delhi.

About Virtualness
Virtualness is a mobile-first platform designed to help creators and brands navigate the complex world of Web3. Founded in 2022 by industry leaders Kirthiga Reddy and Saurabh Doshi, Virtualness puts creators first and is building the playbook for easy design, efficient sharing and seamless digital commerce. Authenticated creators and brands can use Virtualness to design, mint and showcase branded digital collectibles; easily share across their social media channels; directly interact with their community; enable unique experiences and unlock new channels for monetization. Funding led by Blockchange Ventures with participation from Polygon Ventures, F7 Ventures, Micron Ventures, Better Ventures, FalconX, Impact Venture Capital, Neythri Futures Fund, Oceans Ventures, Perot Jain, VC3 DAO, Carolyn Everson, Randi Zuckerberg, Nuseir Yassin (Nas Daily), Nikki Farb, Shayamal Vallabhjee, Stacy Brown-Philpot, and other thought-leaders.

Former ESPN, Singtel and Meta Executive Joyee Biswas Joins Virtualness to Accelerate Sports and Media Momentum

Joyee has an exceptional track record of creating successful partnerships, leveraging next-generation technology and leading initiatives from launch to market leadership

SINGAPOREJan. 11, 2023 /PRNewswire/ — Virtualness, a mobile-first platform designed to help creators, brands, and the sports, media and entertainment industry navigate the complex world of web3, announced today that Joyee Biswas will join Virtualness as a founding team member, heading Sports and Media partnerships.

Sports and media organizations have been trendsetters over decades. They are amongst the first to leverage next-generation technology, NFTs, digital collectibles and the metaverse to engage and entertain fans, and unlock new revenue lines. The discussion has moved from “whether” web3 is relevant, to “how” sports and media can benefit from the power of decentralization, blockchain and web3.

Sports fandom cuts through geographies and culture. Two of the top three followed accounts on both Instagram and Facebook are sports stars. Fans passionately follow mainstream sports like Basketball to niche sports like Surfing. They have a strong appetite for customized experiences, ownership and personalized commerce that web3 uniquely enables.

“With 20+ years of leadership experience in top technology, media and telecom corporations, and having scaled businesses across the globe, Joyee has differentiated insights and relationships across IP based industries,” said Kirthiga Reddy and Saurabh Doshi, Co-founders of Virtualness. “Sports and media owners have a huge opportunity to reach tech-savvy, mobile-first and young demographics in newer ways. Joyee is a key hire to fuel Virtualness’ expansion.”

“Kirthiga and Saurabh’s vision of enabling the world’s expressions deeply resonates with me. The early sports win with Philippine Basketball Association is a testimony to their vision and focus on execution,” said Joyee Biswas. “I’m thrilled to join Virtualness as a founding team member, heading Sports and Media.”

“I am delighted that Joyee is joining Virtualness. The founders of Virtualness are an impressive combination. Now, together with Joyee, they make an extremely talented team,” said Peter Hutton, ex-Head of Sports Partnerships Meta, ex-CEO Eurosport. “Over the years I have seen a series of transformations in the sports & gaming industry. Now is the time for another big leap, as we open up the opportunities of the Web3 world. Joyee with his strong sports and media expertise has already helped multiple media businesses in the Asia and Pacific regions grow their digital presence and revenues, and is the ideal person to partner their new journey into Web3.”

Joyee has held the roles of Head of Sports, Singtel; Managing Director Asia, Eleven Sports Network and South East Asia Business Head, ESPN. Joyee most recently served as Meta’s Head of Sports and Media Partnerships for Asia-Pacific. Alongwith building audience and revenue growth for partners across Instagram and Facebook, he drove virtual reality and metaverse adoption. Joyee holds a graduate degree in Mechanical Engineering from BIT Mesra and an MBA in Marketing and Finance from IIM, Calcutta.

Former ESPN, Singtel and Meta Executive Joyee Biswas Joins Virtualness to Accelerate Sports and Media Momentum

Joyee has an exceptional track record of creating successful partnerships, leveraging next-generation technology and leading initiatives from launch to market leadership

SINGAPOREJan. 11, 2023 /PRNewswire/ — Virtualness, a mobile-first platform designed to help creators, brands, and the sports, media and entertainment industry navigate the complex world of web3, announced today that Joyee Biswas will join Virtualness as a founding team member, heading Sports and Media partnerships.

Sports and media organizations have been trendsetters over decades. They are amongst the first to leverage next-generation technology, NFTs, digital collectibles and the metaverse to engage and entertain fans, and unlock new revenue lines. The discussion has moved from “whether” web3 is relevant, to “how” sports and media can benefit from the power of decentralization, blockchain and web3.

Sports fandom cuts through geographies and culture. Two of the top three followed accounts on both Instagram and Facebook are sports stars. Fans passionately follow mainstream sports like Basketball to niche sports like Surfing. They have a strong appetite for customized experiences, ownership and personalized commerce that web3 uniquely enables.

“With 20+ years of leadership experience in top technology, media and telecom corporations, and having scaled businesses across the globe, Joyee has differentiated insights and relationships across IP based industries,” said Kirthiga Reddy and Saurabh Doshi, Co-founders of Virtualness. “Sports and media owners have a huge opportunity to reach tech-savvy, mobile-first and young demographics in newer ways. Joyee is a key hire to fuel Virtualness’ expansion.”

“Kirthiga and Saurabh’s vision of enabling the world’s expressions deeply resonates with me. The early sports win with Philippine Basketball Association is a testimony to their vision and focus on execution,” said Joyee Biswas. “I’m thrilled to join Virtualness as a founding team member, heading Sports and Media.”

“I am delighted that Joyee is joining Virtualness. The founders of Virtualness are an impressive combination. Now, together with Joyee, they make an extremely talented team,” said Peter Hutton, ex-Head of Sports Partnerships Meta, ex-CEO Eurosport. “Over the years I have seen a series of transformations in the sports & gaming industry. Now is the time for another big leap, as we open up the opportunities of the Web3 world. Joyee with his strong sports and media expertise has already helped multiple media businesses in the Asia and Pacific regions grow their digital presence and revenues, and is the ideal person to partner their new journey into Web3.”

Joyee has held the roles of Head of Sports, Singtel; Managing Director Asia, Eleven Sports Network and South East Asia Business Head, ESPN. Joyee most recently served as Meta’s Head of Sports and Media Partnerships for Asia-Pacific. Alongwith building audience and revenue growth for partners across Instagram and Facebook, he drove virtual reality and metaverse adoption. Joyee holds a graduate degree in Mechanical Engineering from BIT Mesra and an MBA in Marketing and Finance from IIM, Calcutta.

Media Contact:
Michael Paffmann
5168524302
351886@email4pr.com
https://virtualness.io

SOURCE Virtualness

Virtualness Wins Exclusive Multi-Year Web3 Deal for End-To-End Rights to Philippine Basketball Association’s NFT Digital Collectibles

Virtualness Raises $8M in Seed Funding

Virtualness, a Melon Park, CA-based provider of a mobile-first platform to help creators and brands navigate the world of Web3, raised $8M in Seed funding.

The round was led by Blockchange Ventures with participation from Polygon Ventures, F7 Ventures, Micron Ventures, Better Capital, FalconX, Impact Venture Capital, Neythri Futures Fund, Oceans Ventures, Perot Jain, VC3 DAO, Carolyn Everson, Randi Zuckerberg, Nusier Yassin, Nikki Farb, and Stacy Brown-Philpot.

The company intends to use the funds to accelerate growth, expand operations and its business reach.

Co-founded by Kirthiga Reddy, along with Saurabh Doshi, Virtualness offers a platform for creators and brands to navigate the world of Web3. Upon launch in early 2023, authenticated creators and brands can use the platform to design, mint, and showcase branded digital collectibles; share across their social media channels; directly interact with their community; enable experiences, and unlock new channels for monetization. Education, personalization, discovery, integration with Web2 and Web3 platforms, and a mobile-first experience are core to the platform.

FinSMEs

Virtualness, a Creator-First Web3 Platform, Announces $8 Million in Seed Funding

TECHNOLOGY

Virtualness, a Creator-First Web3 Platform, Announces $8 Million in Seed Funding

How can creators and brands smoothly transition from Web2 to Web3? Many of us are intimidated by this process and unsure where to start. Virtualness, a mobile-first platform for creators, helps creators and brands design digital collectibles, share them, and create new monetization streams while making this transition approachable.

About Virtualness

Virtualness is founded by Kirthiga Reddy, former employee #1 and Managing Director of Facebook India & South Asia, Investment Partner at Softbank Investment Advisers, and Saurabh Doshi, former Head of Meta, Asia-Pacific for Entertainment, Emerging Markets & Greater China Region for Creators and former Vice President at Viacom Group & Star India.

Kirthiga shares, “Earlier this year, Web3 started giving me intense flashbacks to my early days at Facebook India and having onboarded a region of brands and creators to Web2. I wanted to do the same on Web3.”

Kirthiga Reddy: Virtualness, a Creator-First Web3 Platform, Announces $8 Million in Seed Funding

What is Virtualness?

Virtualness is a mobile-first platform making it simple for brands and creators to scale their business and capture value-creation opportunities from the Web3 and blockchain. One of their key goals is to make it easy for anyone to scale their brand and easily transition from Web2 to Web3.

For creators and brands, it offers an intuitive platform with free creation tools that make designing and creating branded digital collectibles, sharing these collectibles across their social media, and interacting with their community in new, monetizable ways easy.

For creator and brand audiences, Virtualness provides a platform to directly engage with your favorite creators through selling and trading branded digital collectibles and experiences. The platform also offers community tools to showcase your collection.

Kirthiga shares, “I am very excited about the fundamental changes that Web3 technology enables and how that can change the way that creators connect with their fans, how brands connect with their fans.”

She adds, “Having seen this play out in the Web2 world where technology really gave a voice to creators and to brands, we wanted to do the same in terms of bringing the power of the decentralized world, the power of blockchain, and the power of Web3 to creators and brand.”

Kirthiga Reddy: Virtualness, a Creator-First Web3 Platform, Announces $8 Million in Seed Funding

How is Virtualness Helping Creators Transition from Web2 to Web3?

Virtualness makes creating digital collectibles accessible by providing creators and brands with templates and advanced editing tools. Digital branded collectibles can be made in many formats, including video, music, art, and tokens, to exclusive online or offline experiences.

Kirthiga explains, “It is driven by consumer insight, where consumers are spending more and more time in digital spaces, and in those digital spaces, they want to be able to have personalized expression, personalized commerce, and that is where the Web3 and the blockchain allow that.”

 

Web3 and blockchain give fans a sense of ownership as they purchase exclusive, limited digital collectibles and more from their favorite creators.

Kirthiga shares, “One in two creators say that they predict that NFTs will be a somewhat important source of revenue for them, but only one in six actually use them. We see the biggest barrier there is education, ease of use, and simplicity of platform that allows you to go through all the different phases of designing, creating, showcasing, selling, and offering unique experiences to fans.”

Virtualness bridges the gap by providing a simple platform that allows creators and brands to do all these things, making it easier to transition to Web3.

 

Creator Feedback

The Virtualness team received a lot of creator feedback while launching their product. One example was Nusier Yassin (Nas Daily), a travel blogger with over 60 million fans worldwide.

Kirthiga explains, “He’s a travel blogger, and for us to be able to offer him these kinds of tools for monetization is an important addition to his roster of what he uses to drive revenue.”

Raising $8 Million in Seed Funding

Recently, Virtualness, a new creator-first Web3 platform, raised eight million dollars in seed funding. The fundraiser was led by Blockchange Ventures and joined by Polygon Ventures, F7 Ventures, Randi Zuckerberg, Nusier Yassin (Nas Daily), Stacy Brown Philpot, and other thought leaders.

Kirthiga shares, “We have an incredible roster of individual investors as well as founder and creative people who are very deeply connected with the creator economy, so we are very excited about both our investor base and our advisor base.”

The investing proceeds will be used to finalize the product launch and hire people across the globe to continue building Virtualness as a company and its reach.

The Future of the Creator Economy and Web3

“I see this transition from the Web1 world where brands and creators expressed themselves through a web page – one-way communication, to the Web2 world where it was about Facebook pages, YouTube, TikTok – two-way communication, and I see the transition where Web3 and digital collectibles will be at the heart of how creators and brands express themselves.”

In the future, Kirthiga would love to create an end-to-end experience with one click. Where technology is currently, this process is about five to ten clicks, so Kirthiga hopes to see technology developed soon where this goal could be achieved.

Kirthiga says, “Some people don’t care about technology. People care about how technology can be used and that’s where Virtualness focuses is letting creators focus on their art and craft and being able to leverage the power of Web3 without having to worry about all of the technology underpinnings.”

Kirthiga predicts that we will continue seeing an overall investment in technology that supports the 3 C’s: creation, community, and commerce.

In closing, she shares, “Creators are the ultimate entrepreneurs. When we have conversations with them, it’s so clear that many times they are the producer, the director, the actor, and their own brand and for us to be able to provide a simple mobile-first end-to-end experience that allows them to connect directly with their fans and increase monetization while also allowing them to increase their time on their art and craft is our mission.

Virtualness, a Creator-First Web3 Platform, Announces $8 Million in Seed Funding


Impact Venture Capital Invests In $8m Seed Round for Web3 Startup Virtualness

New Mobile-First Platform Makes Blockchain and Web3 Accessible for Creators to Enable Unique Experiences for Fans and Unlock Monetization

MENLO PARK, Calif.Dec. 14, 2022 /PRNewswire/ — Impact Venture Capital announced today its investment in Virtualness’ oversubscribed $8M seed round. Virtualness is a mobile-first platform designed to help creators and brands navigate the complex world of Web3. The fundraise was led by Blockchange Ventures and joined by Polygon Ventures, F7 Ventures, Micron Ventures, Better Capital, FalconX, Impact Venture Capital, Neythri Futures Fund, Oceans Ventures, Perot Jain, VC3 DAO, Carolyn EversonRandi Zuckerberg, Nusier Yassin (Nas Daily), Nikki FarbStacy Brown-Philpot, and other thought-leaders.

There are more than 300M creators worldwide, half of them joining the creator economy in the last two years. Despite this extraordinary migration, these creators lack even the most basic tools to scale their businesses and easily capture the value-creation opportunities that blockchain and Web3 represent. Centered on the ethos of “empathy at the core,” Virtualness puts creators first, and is building the playbook for easy design, efficient sharing, and seamless digital commerce.

Upon launch in early 2023, authenticated creators and brands will use the platform to design, mint, and showcase branded digital collectibles; easily share across their social media channels; directly interact with their fans and community; enable unique experiences, and unlock new channels for monetization. Education, personalization, discovery, integration with Web2 and Web3 platforms, and a mobile-first experience are core to the platform.

 

Virtualness is co-founded by Kirthiga Reddy, employee #1 and former Managing Director of Facebook India & South Asia and former Investment Partner at Softbank Investment Advisers, along with Saurabh Doshi, former Head of Meta, Asia-Pacific for Entertainment; Emerging Markets & Greater China Region for Creators and former Vice President at Viacom Group & Star India. Reddy and Doshi will leverage their decades of global entrepreneurial experience partnering with creators, media, brands, and tech platforms.

“We are excited about our early investment alongside Micron and others into Virtualness,” said Jack Crawford, Founding General Partner at Impact Venture Capital. “Kirthiga, Saurabh, and the team at Virtualness have dramatically simplified the process for creators to create, sell, and share digital collectibles tapping into the multi-billion dollar Creator Economy.”

“Creators are the ultimate entrepreneurs. We’ve been at the heart of the Web2 ecosystem building and onboarding creators and brands, and we’re on our journey to do it again for Web3. People are spending more and more time in various digital worlds and have the desire for customized experiences, individual identities, expressions, and personalized commerce,” said Reddy and Doshi. “We’re excited to see how creators and brands mimic various physical experiences in digital forms and in newer ways. This is about building a new economy – unlocked by branded digital collectibles that deliver unique experiences, capability, and value. Our belief is that everything that can move from a physical form to digital will move.”

Reddy and Doshi are working closely with creators to inform how they build their product. Nusier Yassin (Nas Daily), a beloved creator with more than 50M followers across social media platforms and an investor in Virtualness, is one of the tech-forward creators helping shape the product from the concept stage.

https://www.prnewswire.com/news-releases/impact-venture-capital-invests-in-8m-seed-round-for-web3-startup-virtualness-301702568.html

Asian Academy Awards in association with Virtualness

Our Co-founder Saurabh Doshi, who is also the Chairman of AAA announced at the Grand Awards night that in a first, the Asian Academy Creative Awards (AAA’s), Asia-Pac’s most prestigious awards for creative excellence recognizing the best of the best from 16 nations, will also present this year’s coveted golden statuette award in the form of digital collectibles, along with the coveted physical golden statuette. Through an exclusive partnership with Virtualness, a mobile-first platform designed to help creators and brands navigate the complex world of Web3, winners of this year’s awards will get a physical trophy during the glittering awards ceremony on Dec 7th and 8th, and they will also receive a tokenized version of the award and trophy by way of a 3D image minted on blockchain.

Acquisition provides exposure to the unique Silicon Valley experience in a safe, inclusive environment designed specifically for school-aged children

AMSTERDAM, THE NETHERLANDS and PALO ALTO, CA / ACCESSWIRE / December 8, 2022 / Amsterdam-based JetLearn, a 1:1 e-learning platform providing children with coding, robotics and Web3 skills, today announces the acquisition of SchoolHacks, a Silicon Valley-based company specializing in organizing hackathons specifically designed for school-aged students. Named as one of the top five edtech companies in the STEM for kids category on the prestigious HolonIQ list in Europe, JetLearn has worked with more than 10,000 students in 46 countries since its 2021 founding.

“Talent is distributed equally, but opportunity is not. In the coming decade, every company is going to be a tech company, and every job is going to be a tech job. Web3, robotics, and AI are the skills that will be essential for the builders of tomorrow,” said Abhishek Bahl, founder and CEO of JetLearn. “SchoolHacks’ unique engagement and creative collaboration model accelerates the mission of JetLearn to empower kids to be builders of the tech-driven future.”

SchoolHacks, founded in 2017 by Yash Narayan, now a freshman at Stanford University, is one of the earliest hackathons for school-age learners in Silicon Valley. In the past five years, SchoolHacks has grown in popularity with the participation of thousands of children from more than 40 countries. Its virtual hackathons have provided an important outlet for children to engage with one another and form a community, as well as showcase their creativity. Narayan will join JetLearn as a strategic advisor to help expand operations as well as the global reach of SchoolHacks.

“I started SchoolHacks after my transformational experience participating in hackathons at an early age. At the time, I was usually the only student attending these events, which were targeting experienced, adult programmers,” said Narayan. “My mission behind SchoolHacks was to create a fun and supportive community for students and inspire them to use their entrepreneurial creativity to bring new technology solutions to solve pressing problems. I am glad this mission will be carried forward by JetLearn for an even bigger global impact.”

The acquisition announcement comes a few days after JetLearn completed the world’s largest Web3 Hackathon & Festival for students aged 6 to 16, in partnership with SchoolHacks. Participants from more than 46 countries attended, with judges and speakers coming from top technology companies as well as Web3 pioneers.

Kirthiga Reddy, the first female investing partner of the SoftBank Vision Fund and co-founder and CEO of Web3 startup Virtualness, delivered a keynote at the event along with SchoolHacks founder Narayan. Said Reddy, “I’ve experienced time and again that the next-gen provides an important window into the widespread trends of tomorrow. I experienced the power of next-gen once again through SchoolHacks.”

The SchoolHacks acquisition is just one step in JetLearn’s plans to make the unique Silicon Valley experience accessible to young learners all over the world. In the coming months, the company will connect members of its student community to mentors and role models, as well as offer internships at Silicon Valley companies.

Images: LINK

About JetLearn

Amsterdam-based JetLearn is the world’s first Web3 online academy for primary and secondary school-age children. With learners in more than 46 countries, JetLearn’s mission is to empower children with a foundation in new-age technology skills like Web3, AI and robotics in an inspiring and hyper-personalized way. JetLearn’s technology platform powers live 1:1 online lessons and fun learning workshops. It also trains children for competitive hackathons via its world-leading curriculum and top inspirational teachers. For more information, visit www.jetlearn.com.

Media Contact
Erica Zeidenberg
Hot Tomato Marketing
erica@hottomato.net
925-518-8159

SOURCE: JetLearn

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https://www.accesswire.com/730845/JetLearn-Acquires-SchoolHacks-to-Bring-the-Silicon-Valley-Experience-to-Young-Learners-Globally

Building Creator Centric NFT Programs

 

NFTs and crypto have the potential to dramatically change the community creator dynamic. But today it’s just too hard. This session explores a new and easier way to design, mint, and showcase branded digital collectibles and experiences and then share them across social media – while providing sustainable community value and revenue growth.