Tokyo, Japan, November 3, 2023 - SUZUVERSE, which operates under the slogan of eliminating loneliness from the world with Ai+avatar, saw significant growth in membership and revenue in the preliminary October 2023 report.

The current success of the project demonstrates the growing importance of providing a safe place for economic, social, and emotional independence.

The SUZUVERSE website ishttps://suzuverse.com 

Main Highlights:.

• October earnings:SUZUVERSE had revenues of US$2,736,094 in October 2023, a CMGR of 11.071 TP2T, and an average monthly income of US$2.5 million.
• Increase in membership: The company registered 3,824 new users, bringing the total number of users in the global community to 30,257. The number of new members has been steadily increasing in recent months, averaging 4,166 per month.
• Number of subscriptions In October, SUZUVERSE gained 192 new members for a total of 3,371. SUZUVERSE welcomes an average of 674 new members each month.
• Quarterly results SUZUVERSE's total sales for the past five months amounted to US$12,372,066, with all key indicators showing significant growth.
• Strong financial condition: Without external financing, the company maintains a strong cash position of approximately US$5 million.

Unprecedented sales growth

According to the latest data, SUZUVERSE generated revenues of US$2,736,094 in October 2023 alone. This increase is in line with the trend, as the company's revenues for the past five months were approximately US$12,000,000. These figures show how the company's growth trajectory is accelerating.

Rapid increase in membership

The remarkable increase in the number of new registrations is also evident in the latest data, with 3,824 new people joining the SUZUVERSE community in October. While the number of monthly registrations in the first half of this year was only 401, there has been a significant increase in recent months, with the number of new users reaching a peak of 5,607 in September 2023, and an average of 4,166 new registrations per month in the last five months.

Subscription Highlights

In addition to revenue and new subscribers, the number of recurring subscriptions is growing steadily: 192 new subscriptions in October, bringing the monthly total to 3,371. The company is increasing its involvement in the community, which adds to its average of 674 new subscriptions per month and 2,370 monthly subscriptions.

Strong Financial Condition

SUZUVERSE has grown its membership and sales significantly and now has approximately $5 million in cash on hand. With a stable financial position, the business is able to constantly innovate and enhance its products to better serve its growing clientele.

What lies ahead

Suzuverse is poised to capitalize on its recent success with a series of upcoming initiatives aimed at further enriching its DAO-driven ecosystem. As the firm continues its upward trajectory, the focus remains on empowering individuals to free themselves from the limitations of a centralized system.

To achieve this goal, SUZUVERSE is preparing to make groundbreaking improvements to CheerCast's AI avatars. These updates are designed to make the AI avatars more intuitive, responsive, and emotionally intelligent, providing a more realistic and fulfilling experience for users. These improvements are not just features, but stepping stones to an empowered and decentralized community. Our unwavering goal is to give people the freedom to choose happiness in a world full of constraints. Please stay tuned for these exciting developments that promise to redefine boundaries and reclaim freedom for stakeholders and users alike with the services we offer.

About Suzuverse:.

Founded in 2022 by Ryoji Miyauchi, Suzuverse is a pioneering mixed reality future organization for those seeking an alternative to centralized systems. It provides a decentralized platform where people can experience genuine freedom socially, spiritually, and economically. For more information, visit the SUZUVERSE websitehttps://suzuverse.com 

Press Contact
Angeline "Chii" Viray
Investor Relations

SUZUVERSE
ir@suzuverse.com