Passage provides a platform for creating and connecting 3D virtual worlds and experiences, transforming static pages into immersive, interactive places. The platform is built with Cosmos and leverages technologies like Unreal Engine 5; it is blockchain-agnostic and supports in-browser streaming, cross-world commerce for fungible tokens and NFTs, decentralized social functionality, and 3D communication infrastructure. Passage supports a native token, PASG, designed for governance and decentralized 3D assets and to incentivize open-source development and creator contributions. PASG is backed by a SaaS-style revenue model, with up to 50% of profits directed to network security via staking incentives. Led by founder and Chief Creative Officer Lex Avellino, the company plans to use new funding to further develop its world-building tools, build out a social dashboard and enterprise solution, and add tooling for open-source contributions and technology partnerships like Sortium. Passage is based in Road Town, British Virgin Islands.

Total raised

$6M

Funding rounds

1

Latest round

Equity

Latest activity

Jul 2023