Nextech AR Solutions Corp. (CSE:NTAR, OTCQB:NEXCF, NEO:NTAR) announced that it will be a sponsor and main metaverse platform provider for the XR Hackathon, ‘Reality Hack’, which is being held at the Massachusetts Institute of Technology (MIT) campus from March 23-27, 2022.
The company said its exclusive metaverse solution, ARitize Maps, will be used by thought leaders, creators, students, and technology enthusiasts to envision the future of the metaverse by merging the physical and digital world.
“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,” Nextech AR Solutions CEO Evan Gappelberg said in a statement.
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“With our tech just coming to market now we feel perfectly positioned to capitalize on the growth of spatial mapping, NFT’s (non-fungible tokens), 3D models and more,” Gappelberg added.
Nextech noted that MIT event organizers will leverage ARitize Maps for their participants, offering engaging event information, immersive event updates, and indoor augmented reality wayfinding, allowing participants to navigate their way around the hackathon.
It added that hackers will also get access to Nextech’s ARitize Maps platform, where they can use immersive metaverse technology to build their project for the hackathon.
Winners will receive an exclusive NFT and access to the ARitize Maps premium plan.
With the easy-to-use ARitize Maps, anyone can spatially map their location within minutes, and populate it with interactive 3D objects, navigation, audio, text, images and more, according to the company.
Nextech said ARitize Maps is currently in Beta for both iOS and Android, and is expected to publicly launch mid-April with upcoming features including an NFT viewer, in-app purchases and monthly subscription plans.
The XR Hackathon is five days of collaboration, ideation and creativity, offering a new perspective into the positive potential of spatial computing.
Nextech AR Solutions is a metaverse company that develops and operates augmented reality platforms.
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