Nextech AR Solutions (OTCQB: NEXCF) (NEO: NTAR) (CSE: NTAR) (FSE: N29), a Metaverse company and leading provider of augmented reality (“AR”) experience technologies and services, has announced that it will be a sponsor and main metaverse platform provider at the upcoming Reality Hack. The XR Hackathon is slated for March 23–27, 2022, on the campus of the Massachusetts Institute of Technology (“MIT”). Nextech joins other sponsors, including Microsoft, SNAP and Magic Leap, in supporting the one-of-a-kind event. According to the announcement, MIT event organizers will offer NEXCF’s ARitize Maps platform to event participants, including thought leaders, creators, students and technology enthusiasts, enabling them to envision the future of the Metaverse by merging the physical and digital world. The platform will be key in MIT’s ability to provide engaging event information, immersive event updates and indoor augmented reality wayfinding. “We are very excited to sponsor this hackathon and work with such a smart group of students and a well-regarded institution like MIT,” said Nextech AR CEO Evan Gappelberg in the press release. “Not only is our technology being used as the main Metaverse platform by event organizers, but it is also being offered to event participants so they can build their projects. We are excited to see what the MIT participants can come up with using our technology, which should yield some valuable testing data and user feedback. With our tech just coming to market now, we feel perfectly positioned to capitalize on the growth of spatial mapping, NFTs, 3D models and more. With these sponsorships we are aiming to inspire the next generation of creators for the Metaverse and allow anyone to bridge the gap between the physical and digital world through immersive experiences and projects. This is another great use-case for ARitize Maps, showcasing the opportunity for gamification to drive participation and engagement at events.”
To view the full press release, visit https://ibn.fm/RoK5n
About Nextech AR Solutions Corp.
Nextech AR Solutions is a Metaverse company that develops and operates augmented reality (“AR”) platforms, transporting three-dimensional (“3D”) product visualizations, human holograms and 360-degree portals to its audiences, altering e-commerce, digital advertising, hybrid virtual events (events held in a digital format blended with in-person attendance) and learning and training experiences. Nextech focuses on developing AR solutions for the Metaverse; however, most of the company’s revenues are derived from three e-commerce platforms: vacuumcleanermarket.com (“VCM”), infinitepetlife.com (“IPL”) and Trulyfesupplements.com (“TruLyfe”). VCM and product sales of residential vacuums, supplies and parts, and small home appliances are sold on Amazon. For more information about the company, please visit www.NextechAR.com.
NOTE TO INVESTORS: The latest news and updates relating to NEXCF are available in the company’s newsroom at https://ibn.fm/NEXCF
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