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AI startup Demoverse raises $600K to let consumers co-create products with brands

🤑 Get Paid To Co-Design With Brands

Published by OOPSONLINE.IN · Source: The Economic Times · 1 min read · · Updated

💀 OOPS SAYS

Finally, a way to get paid royalties for our unsolicited design opinions. Time to make sure every single piece of clothing has actual pockets.

What actually happened

Demoverse secured six hundred thousand dollars in pre-seed funding led by Lumikai. This platform uses artificial intelligence to let consumers shape product concepts before production. Brands can now predict demand and reduce excess inventory, especially in fashion. Consumers whose ideas are used will earn royalties when products are commercialised.

Key points

  • Demoverse secured six hundred thousand dollars in pre-seed funding led by Lumikai.
  • This platform uses artificial intelligence to let consumers shape product concepts before production.
  • Brands can now predict demand and reduce excess inventory, especially in fashion.
  • Consumers whose ideas are used will earn royalties when products are commercialised.

Summary based on data provided by The Economic Times. Full article available at the original publisher.

  • #ai
  • #startup
  • #demoverse
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