ImagineAR and Liquid Avatar Launch Oasis Digital Studios to Support the Development, Management, and Distribution of AR Enhanced NFTs
Dapp Radar Reported trading volume across the top three NFT marketplaces exceeded $340 million USD last month alone.
ImagineAR Inc., an Augmented Reality platform company, and Liquid Avatar Technologies Inc., a global blockchain, digital identity and fintech solutions company are excited to announce that they are launching Oasis Digital Studios. Oasis is an agency supporting the development of AR Enhanced Non-Fungible Tokens (NFTs) together with listing, marketing, management, and other creative, avatar and digital icons, technology and blockchain services. The premier NFT artist and talent program offering is expected to launch in early April 2021.
A Non-Fungible Token, or NFT is a digital asset that represents a wide range of tangible and intangible assets like digital and conventional artwork, collectibles, memorabilia, and other items. However, unlike typical NFTs which are generally digital video or images that represent “moments in time” like an NBA Top Shot or piece of artwork, Oasis will be creating and deploying embedded AR “triggers” in each Oasis supported NFT, and to support and introduce NFT programs, brands, and participants. This will allow users to engage in enabled immersive and “living” shareable experiences through the Liquid Avatar Mobile App and AR enabled websites.
“David Lucatch, CEO of Liquid Avatar, and myself have a long track record in the sports, entertainment, collectible and memorabilia industries. Oasis is the culmination of our decades of experience and professional relationships to deliver world class AR activated NFTs to be experienced in the Liquid Avatar Mobile App “stated Alen Paul Silverrstieen, CEO of ImagineAR.com.
Oasis has brought together leading individuals and organizations in blockchain technology, computer graphics, augmented reality, entertainment, art, sports, gaming, music, media, comic book, memorabilia, and pop culture arenas to support the fast-paced emergence of the NFT marketplace.
With opportunities already in process, the Oasis model is to create an ongoing partnership with artists, sports personalities, talent, brands, and organizations, and share in the ongoing revenue of the initial sale and any residual sales, creating potential royalty-type revenue relationships. The initial program offerings will consist of digital artwork, with the expected expansion to trading cards, limited editions, and series, and physical product programs.
“Liquid Avatar icons have been developed with an eye towards blockchain verification and collectability. With the recent interest and consumer frenzy in NFTs, with an estimated $340 million in sales in the past month alone, ImagineAR and ourselves felt that it was appropriate to join forces with other industry leaders to provide our unique knowledge and expertise in digital identity, augmented reality, gaming, icon and media production, security and blockchain technologies,” said David Lucatch, CEO. “Our goals are to support artists, entertainers, major league sports personalities, memorabilia and authenticated product producers, and others in this fast-paced emerging market with innovative solutions, like augmented reality, while staying true to our roots, creating value for both ours and ImagineAR’s stakeholders.”
The Liquid Avatar Mobile App, featuring user created digital icons that allow users to manage, control and create value from their biometrically verified digital identity, officially launched globally in the Google Play and Apple App Store on February 18, 2021. With the foundational 1st phase already available, the Liquid Avatar app will launch updates in phases, with new features expected monthly. The Company believes that as it plans to provide future features, regular releases will provide users with the opportunity to familiarize themselves with existing features before moving on to more comprehensive services and the opportunity to manage their digital identity and verifiable credentials.
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