Nextech AR Solutions Corp. (CSE:NTAR, OTCQB:NEXCF, NEO:NTAR) has announced the public launch of its metaverse app, ARitize Maps, an all-in-one metaverse creation tool, and the first end-to-end metaverse mapping solution for consumers and brands alike.
The company, which develops and operates augmented reality (AR) platforms, said new features of the app included with the launch are augmented reality mapping, localization, and easy drag and drop of AR content, including navigation and the ability to view 3D models in a user's created map.
The full release follows the successful beta testing launch in February 2022, Nextech added.
READ: Nextech AR Solutions says it has launched ARitize BigCommerce App for 3D model making
Through the app, Nextech said anyone can spatially map their location within minutes, and populate it with interactive 3D objects, AR navigation, audio, text, images and more.
The company said it will provide a number of created and pre-loaded 3D objects, and in upcoming releases, creators will be able to upload their own OBJ/GLB files and create their own 3D objects to populate their metaverse. Users can publish and share their metaverse for others to experience while in the location.
Additionally, ARitize Maps app has an unlimited number of use cases for augmenting physical spaces in the metaverse, including art galleries, universities, trade shows and events, retail stores, shopping centres, office buildings, transport, public spaces, sports stadiums, museums, restaurants, rental properties, homes and more.
Most recently, Nextech said it teamed up with the Massachusetts Institute of Technology (MIT) for the XR Hackathon, “Reality Hack”, where ARitize Maps was used as the main metaverse platform. MIT event organizers used ARitize Maps for their participants, providing engaging event information, immersive event updates, and indoor augmented reality wayfinding, allowing participants to navigate their way around the event .
Hackers also got access to the ARitize Maps platform, where they used Nextech’s immersive technology to build their projects. A team that used ARitize Maps received the silver prize at the hackathon.
Nextech noted that ARitize Maps is the first component of its planned Metaverse Experience Builder platform, which combines the mobile application with a web-based Creator Portal, where experienced designers can author various metaverse experiences ranging from wayfinding to exclusive branded activations. The offering will also contain an SDK, which will allow brands to publish created experiences on their mobile app.
The company said CEO Evan Gappelberg and president and chairman Paul Duffy will present today, April 20, at 12:30pm ET at the "NEXT SUPER STOCK Live!" event hosted by the Wall Street Reporter. They will discuss the company’s planned Metaverse Experience Builder platform combining the ARitize Maps mobile application with a web-based Creator Portal.
Individual and institutional investors, as well as advisors and analysts, can attend the presentation by following this link: https://www.youtube.com/watch?v=W-9iU4u2ygc
Contact the author at stephen.gunnion@proactiveinvestors.com