VRJAM Reveals New Project Supported By Epic Games Ahead Of VRJAM's Coin Launch
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London, United Kingdom, 24th November, 2022, Chainwire
Leading immersive live events platform VRJAM today unveiled an exciting new project to empower artists to perform live in the metaverse, powered by the world's no. 1 game developer, Epic Games.
Epic Games have supported VRJAM's work on this revolutionary project by way of an 'Epic Megagrant', made available to the company to help power the development of a software solution to activate live performances inside 3D graphical apps and games, thus enabling VRJAM's live event tech to be accessed by developers and app publishers using Epic's own 'Unreal Engine' software development platform. Other recipients of financial support from the Epic Megarants fund include industry leaders Pixar Studios, Cambridge University, and The Jim Henson Company.
VRJAM's cooperation with Epic Games follows VRJAM's recent announcements of partnerships with major companies and brands, such as interactive metaverse concert streamer Animal Concerts, Ethereum scaling blockchain protocol Polygon, and Martian 3D mapping company Mars4.
This announcement heralds the launch of VRJAM's native cryptocurrency VRJAM Coin which is scheduled to launch on the market and cryptocurrency exchanges on the 30th of November. These achievements alongside the receipt of an Epic MegaGrant all highlight the potential and capability of VRJAM's solutions.
The software solution that VRJAM is building with Epic's support is a live performance toolset that empowers content creators to publish real-time computer graphical content on a wide array of platforms using advanced motion capture and CG avatar technology. By combining the power of Unreal Engine's suite of photoreal asset tools with VRJAM's creators and partners, the project will engineer experiences that rival reality in every way.
In the future, VRJAM plans to engage a wide array of high-profile Epic developers to integrate with their live events platform thus creating an interoperability solution for games and apps in the Web3 vertical.
This remarkable combination of technologies will create metaverse events that offer an unparalleled degree of authenticity and realism, allowing fans and performers to co-exist within a single, hyperreal space, thus bringing fans and artists closer together than ever before.
At the heart of this experience, VRJAM's native currency VRJAM Coin will exist to create new ways to value and monetize these live experiences using the power of blockchain and cryptocurrency. VRJAM's native currency launches and becomes available for trade on cryptocurrency exchanges on the 30th of November, to get early access to purchase VRJAM Coin head to the Enjistarter Launchpad and secure your place in the VRJAM community -
To find out more follow VRJAM on Twitter (https://twitter.com/vrjam_) or check out the VRJAM website, www.vrjam.com
About Epic Megagrants
Founded in 1991, Epic Games is an American company founded by CEO Tim Sweeney. The company is headquartered in Cary, North Carolina, and has more than 40 offices worldwide. Today Epic is a leading interactive entertainment company and provider of 3D engine technology. Epic operates Fortnite, one of the world's largest games with over 350 million accounts and 2.5 billion friend connections. Epic also develops the Unreal Engine, which powers the world's leading games and is also adopted across industries such as film and television, architecture, automotive, manufacturing, and simulation.
Epic Games has committed to providing financial grants to creative, noteworthy, and innovative projects built in and around Unreal Engine, and to projects that enhance the open-source 3D graphics ecosystem.
Grants range from $5,000 to $500,000 and cover a variety of endeavors from game development, architecture projects, and film production, to academic uses and software tool development.
VRJAM is a real-time platform for virtual events and immersive content creation. Our platform empowers creators and brands to offer fans inspiring immersive experiences that redefine fan engagement.
VRJAM works with the world's leading content creators, celebrities, artists, and culture brands to redefine fan experience in the digital space.
These experiences are monetized using VRJAM's native cryptocurrency, VRJAM Coin, and also by way of the creation of revolutionary new types of NFTs that are native to the virtual world of VRJAM.