Shara Senderoff and Aaron McDonald, the co-founders of Futurverse, a company specializing in AI and metaverse, have launched a new venture fund and studio called "Born Ready" with a $50 million investment. The fund will invest in emerging technology ventures that have collaboration potential with either Futurverse or metaverse blockchain The Root Network. Born Ready has already invested in several firms, including FCTRY Lab, Power'd Digital, Polemos, and Walker Labs. The firm plans to introduce an accelerator program soon and has previously raised $54 million in a Series A round. Meanwhile, Web3 and crypto venture capital funding have fallen 79% YoY to $779 million over 62 deals in June, with almost all of the new funding going to blockchain infrastructure projects.