Worlds is essentially a dormant IP holding company with one employee — its CEO — and no meaningful ongoing operations. The company originally built a 3D virtual worlds platform in the early internet era, allowing users to navigate interactive 3D environments via avatars, shop, and attend events. That business was spun off in 2011 into what is now MariMed, a cannabis company. Worlds reacquired its core IP from its CEO in 2022 and now holds a portfolio of legacy technology assets, including 3D authoring tools, virtual world server software, a library of 3D objects and avatars, a set of URLs, and celebrity-branded virtual world assets such as Aerosmith World and DMC Worlds. The company also retains a small equity stake in MariMed. Worlds' stated strategy centers on selling or licensing NFTs tied to its legacy celebrity virtual worlds, licensing its IP or technology to VR/AR platform partners, and seeking strategic alliances that could put its software assets to use. The company has no material revenue today and is not an operating business in any conventional sense.