Since the birth of the Metaverse, it has turned from a concept into a "reality" that has gradually been implemented. All parts of the country are also actively paying attention to and seizing the opportunities of the Metaverse. Shanghai released a report stating that the scale of Yuanverse-related industries will reach 350 billion yuan by 2025. The "Metaverse Innovation Application Report" shows that as of the end of March 2023, 24 provinces (cities, districts) across the country have introduced 65 Metaverse-related policies, including 33 special plans, accounting for nearly 50%.
Whether it is the opportunity of the times or the policy, it is a major benefit to the Yuanverse industry. In recent years, it has also attracted many entrepreneurs to join the Metaverse track and actively participate in the development and construction of the Metaverse industry. As the Metaverse and related technologies are gradually implemented, the professionalism and sophistication of the industry have also steadily improved. Among them, the application of software technology has become the top priority for the implementation of Metaverse technology.
XRSPACE CO., LTD is a technology-oriented company focusing on metaverse software development. Since its establishment in 2017, Exa Vision has always adhered to the same dream - to build a new world filled with art, culture, music, entertainment, exhibitions and rich activities. Inspired by such a dream, XRSPACE developed the Metaverse real-time music social space "PartyOn" and the application "GOXR" that supports personalized customized exhibition halls.
In early 2023, XRSPACE received a US$100 million investment from Foxconn’s parent company, Hon Hai Technology Group. Hon Hai Technology Group expressed its hope to cooperate with XRSPACE to jointly enter the metaverse.
"PartyOn" is a virtual music activity platform developed by Exa Vision Technology Co., Ltd. It has functions such as VR karaoke, various singing rooms, private singing practice, customized virtual images, social interaction and other functions. The application was officially launched in mainland China on January 20, 2022, and is currently available on PICO App Store, 87VR and other platforms.
As a widely acclaimed VR singing application, "PartyOn" has become a "supply station" for many VR users to sing, relax, and make friends. As of May 2023, "PartyOn" has more than 180,000 registered users. In order to provide a perfect singing experience, "PartyOn" has joined hands with Shengwang as a partner. Through its Agora's real-time voice service and MetaKTV solution, it simulates the stereo field in the spherical area of the head, giving users a sense of space in the audio listening experience, with At the same time, it can achieve low latency and exquisite sound quality, allowing users to truly experience the excitement as if they were at the scene.
Here, singing is the starting point of social interaction, but it is by no means the end. "PartyOn" has two main functional modules: "Korean Song" and "Social". Various sub-functions such as public parties, private singing rooms, and personalized interactive props bring players the ultimate karaoke experience.
At the same time, after more than a year of exploration and correction, and listening to the real needs of users, XRSPACE has completed the comprehensive interconnection and interoperability of "PartyOn" between VR headsets and mobile APPs. Users can Join the "PartyOn" world to make friends and sing.
For XRSPACE, the advantage of multi-terminal connectivity not only expands the application audience and provides convenience to users. At the same time, it also truly realizes the beautiful hope of "one world" in the future metaverse that we have been exploring.
"GOXR" is an online virtual exhibition platform focusing on the field of extended reality (XR). It provides customized services for enterprises and companies and creates exclusive immersive online exhibitions. Real-time interaction and same-space browsing are the core highlights of "GOXR". It supports multiple people to talk, work, and gather in the same digital space. At present, "GOXR" has successfully implemented multiple projects, including the National Palace Museum in Taipei, Ju Ming Museum of Art, and art exhibition halls of many artists.
The successful implementation of multiple projects of "GOXR" not only symbolizes the major progress and breakthroughs of XRSPACE in multiple scenarios such as office and business in the metaverse, but also provides huge opportunities for the company to improve the software and accelerate the implementation process. help.
Currently, XRSPACE, together with "GOXR" and Meta, are jointly promoting the implementation of the "Beigang Chaotian Palace" project. The two parties have conducted in-depth exchanges on technology and business and established a friendly and win-win cooperative relationship.
Whether it is the success of "PartyOn" on the consumer side or the experience of "GOXR" on the B-side, it is inseparable from the efforts of the XRSAPCE team members.
As an enterprise at the forefront of science and technology, more than 70% of XRSAPCE are technical personnel and have mature and stable team capabilities in software development, product design, brand marketing and other aspects. Through the unremitting efforts of the team, XRSPACE has more than 100 technical patents, forming a strong technical barrier and ensuring the company's competitive advantage in the XR industry and the metaverse industry. As a result, XRSPACE has also attracted many outstanding domestic cooperative companies, including PICO, which has the largest domestic VR all-in-one machine market share, 87VR, a domestic head VR application platform, and four major companies in Tmall, JD.com, Douyin, and Amazon. Rokid ranks first in sales of "consumer AR products" on large platforms. Since the Metaverse market is still not fully defined and implementation scenarios are still being discovered, we hope to discover and create value with more partners under the next wave of digitalization. In the next 2-3 years, the company will focus on accumulating users and content as its core goal to build a Yuanverse social application brand with strong value in the new era.
Since the company was founded in 2017, it has taken "building the metaverse" as a clear development goal-even though the "metaverse" had not yet become the focus of the world at that time, XRSPACE still chose this "not simple" path . In the subsequent development, the company took the first step into the metaverse with "PartyOn". With the support of a strong technical team, it has achieved 18W registered users, super high user ratings, and more than 1,500 users since its launch. Human core users and communities have laid a solid foundation of trust to reach more consumers.
For the future, XRSPACE’s goal is not just to make a good software, but to become an important part of the economic ecosystem of the Metaverse. While bringing entertainment, social networking, music, and cultural elements into the Metaverse, XRSPACE should keep in mind the virtual and the real. The fundamental combination closely connects the metaverse with real life, making people’s social interactions more colorful.
In the next 2-3 years, XRSAPCE will target 20 million users and continue to carry out technology development and structural upgrades, so that the company can truly provide a smooth and interesting platform for 20 million users, and
Towards a true metaverse socio-economic system.
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