Nextech (CSE: NTAR) (OTCQB: NEXCF) (FSE: N29), a metaverse company and leading provider of augmented reality (“AR”) experience technologies, wayfinding technologies and 3D model services, today announced that ARway’s spatial computing technology is now being used as part of the XR engine powering the music app: Encore. According to the announcement, this application of the ARway platform opens new opportunities in providing AR spatial activations for the music industry. “With ARway, not only do we have a substantial market with indoor AR wayfinding, but there are many other markets that we monetize such as the music industry. Encore is a perfect example of ARway’s adaptability into different industries and types of activations,” said Nextech AR’s CEO Evan Gappelberg. “With Encore, we have opened up a completely new market for ARway in the music and entertainment industry, driving new revenue potential for the platform. As we move forward with web 3.0 and the real-world metaverse, our spatial computing technology will only get more robust and continue to push into new industries and new markets, driving towards even more revenue potential.”
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About Nextech AR Solutions Corp.
Nextech is the engine accelerating the growth of the metaverse. Using breakthrough AI, Nextech AR is able to quickly, easily and affordably ARitize (transform) vast quantities and varieties of existing assets at scale making products, people and places ready for interactive 3D use, giving creators at every level all the essential tools they need to build out their digital AR vision in the metaverse. The company’s platform-agnostic tools allow brands, educators, students, manufacturers, creators, and technologists to create immersive, interactive and the most photo-realistic 3D assets and digital environments, compose AR experiences, and publish them omnichannel. With a full suite of end-to-end AR solutions in 3D commerce, education, events, and industrial manufacturing, Nextech AR is in a unique position to meet the needs of the world’s biggest brands and all metaverse contributors. For more information about the company, visit www.NextechAR.com.
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