Executive Summary
1.1 A User-Generated Content Ecosystem
The Metaworld ecosystem consists of three integrated products that together provide a comprehensive experience for metaverse user-generated content (UGC) production.
A. Metaworld Platform
The Metaworld is our decentralized metaverse platform, built by users and for the users. The main utility token will be the PXR token in the metaworld. The stakeholders of the metaworld will be the creators, consumers, physical businesses, and developers. The metaworld caters to various feature implications all along the platform such as ExploreAR, Digital Real estate, Meta zone, and Social Sharing. The creators and developers can create & sell their digital assets which include NFTs, templates, virtual worlds, and games in the metaworld using our PXR creator. The metaworld will be available for Oculus, Android, ios, and Desktop browsers.
B. PlugXR Creator
The PlugXR creator is a cloud-based no-code/Low code platform to create NFTs, Games, Virtual Stores and Augmented Reality experiences for Metaworld. The users can use Creator to create and publish their creations into Metaworld in minutes without worrying about any coding skills. Because of its easy drag-and-drop features, all the creators can take full advantage of it by selling their creations in the Metaworld and marketplace. Not only the creators but brands can also able to create their virtual stores, virtual art galleries, virtual museums, and Augmented Reality experiences.
C. NFT Marketplace
Unlike other NFT marketplaces, we have the right utility for all the NFTs in our metaverse platform. Our web-based marketplace allows users to upload, publish, and sell their creations (ASSETS, Lands), as Tokens (Both ERC-721 and ERC-1155 tokens).
The company behind this project
PXR is an Augmented Reality (AR)/ Virtual Reality (VR)/ Mixed Reality (XR) startup with global development, sales & marketing, and research and development offices. In 2018, PXR was founded by a team of industry veterans with over 70 years of combined expertise globally.
PXR's implementation of blockchain technology to enter the metaverse has substantially improved the future forecasting process for AR/VR and the metaverse. The plot of PXR was already created in the metaverse before the blockchain connection, allowing for seamless integration with the actual metaverse.
This project aims to bring a multitude of use cases down the line of its journey to not only serve as a platform for entertainment, innovation, B2B, and B2C business but also derives an entity for the best possible future Metaverse experience amongst the Artist, Content creators, Vendors, NFT preneurs, crypto community, etc.
Plug XR Traction
By 2025, the bandwagon of Metaverse and Web 3.0 competitors is predicted to expand by a magnitude greater than anticipated, according to the leading academic journals. Crypto gaming ventures flexing their whole technology and resources to penetrate the market and establish themselves as a well-defined product, whereas PXR is already a global brand with decades of experience in AR/VR/MR. With 30k active users from 100 countries, including content creators, consumers, suppliers, and visitors, gaining a considerable competitive market share is a sure thing for PXR in the future.
The potency of PXR is already leagues ahead of the competition in terms of going mainstream and attracting the public.
Existing technologies and areas addressed by Plug XR include:
Augmented Reality
Virtual Reality
Mixed Reality
Plug XR's coverage of technologies and domains
Blockchain tech
Metaverse
NFTs
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