Topic : New products and services
LUXEMBOURG, July 2, 2022 /PRNewswire/ — Infinite Reality (iR), entertainment and innovation company Metaverse, today announced a strategic relationship with the Interdisciplinary Center for Security, Reliability and Trust (SnT) at the University of Luxemburg in order to introduce a global and open metaverse from the Grand Duchy of Luxembourg. This is an important part of the company’s expansion plans in Europe.
Benefiting from the Grand Duchy’s digital capabilities and the country’s wide range of business support, this initiative, supported by the national agency for innovation in the Luxemburg Luxinnovationvice to do Luxemburg Metaverse Innovation Center Europe. In line with its forward-looking approach, the Luxembourg Ministry of the Economy seeks to take advantage of the latest technological developments in order to establish the digital economy of tomorrow.
Led by Infinite Reality, this bold global initiative will develop a Metaverse experience where creators have ultimate control of their own monetization potential. Thanks to this initiative, iR is on the verge of becoming the first user-friendly metaverse that empowers individuals on the platform by offering them direct access to potential partner brands. This open Metaverse will allow major global brands, start-ups, local communities, universities, and cutting-edge research centers to freely use the platform, thereby fostering innovation, creation, and global responsibility.
As the first initiative in Luxemburg, iR intends to work with the SnT to offer a sandbox metaverse that can be used by local organizations to explore this disruptive technology. For this Metaverse sandbox, the project will build a digital twin of an area of the city of Luxemburg that companies and public actors could explore, in search of multiple job opportunities. Additionally, these potential partners could create the opportunity to create their own digital twins for specific metaverse experiences with significant support and resources from iR and SnT.
“Infinite Reality a bold vision of a future with an open metaverse. Strong relationships with like-minded strategic partners in Luxemburg will be the key to our success. We have a common interest in using digital innovation to improve everyday life and sustainability, which we can do by transforming Metaverse creation and innovation in Europe,” says John Acuntoco-founder and CEO of Infinite Reality.
“The Metaverse is brimming with potential, and we look forward to tackling the technical research challenges with iR to make the open Metaverse a reality.” We are pleased to act as strategic research partners as iR strengthens its activities in Europe from Luxembourg,” said Professor Björn Ottersten, Director of SnT.
John AcuntoCEO of iR, presented insight into the transformative effect the Metaverse will have on our daily lives as a keynote speaker at the conference Spring of ICT Global technology to Luxemburg.
About Infinite Reality
Infinite Reality a revolution in data, commerce, online authenticity and digital transparency. Our vision of an open Metaverse makes every brand, creator and enthusiast the master of their own internet experience, their own data, the way they distribute their content and sell their products, and the way they interact with others. iR provides the tools and services companies and creators need to develop grounded open metaverse experiences. Our Metaverse development team advises, manages, designs, and oversees these custom features using our internal resources and those of the creator community. iR’s entertainment division, based out of Thunder Studios, provides production, broadcast and streaming services to the world’s top talent, brands and creators. Infinite Reality has all the resources to seamlessly create and deliver content to and from the Metaverse. For more information, visit theinfinitereality.com.
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