Niantic is building a real-world Metaverse using AR technology

Niantic, the creators of various AR games like Pokemon Go has raised a cool 300 million dollars for creating what they call a ‘Real-world metaverse’. Global investment firm Coatue is funding this initiative, which brings the valuation at 9 Billion dollars.

The founder and CEO of Niantic, John Hanke had called metaverse (at least the ones which use VR…