Futureverse Liquidation Highlights Risks in the Metaverse Sector

Auckland-based Futureverse faces liquidation after a failed fundraising round, with liquidators appointed as its flagship NFT project Fluf World remains central to the ecosystem.

Rich by Coin

2025-12-23

Auckland-based Futureverse is in liquidation, with massive retained losses of $137.4 million. Futureverse Corporation creditors appointed McGrathNicol liquidators Andrew Grenfell and Kare Johnstone at the Watershed Meeting on Dec 16.

Following a failed attempt to secure essential funding, the firm’s directors, Daniel Gillespie and Aaron McDonald, voluntarily entered receivership in September. Fluf World is part of the Futureverse ecosystem. It is known for Fluf World, a metaverse world of nonfungible tokens.