Looking Glass Labs Ltd signs Strategic Development Partnership Agreement with Cavrnus Inc

Looking Glass Labs (LGL) announced that it has signed an agreement that will form the basis of a Strategic Development Partnership (SDP) with Cavrnus Inc.

Cavrnus is a brand that aims to push the boundaries of creativity in the Metaverse sector. It provides brands like LGL with the versatility, stability and security to build and share immersive Metaverse experiences that inspire connection between users across space and time. Cavrnus is the leading provider of a scalable, security-centric, enterprise-class metaverse builder and deployment platform.

The main goal of the agreement is to co-develop immersive Metaverse experiences for consumer brands by extending LGL’s Metaverse Pocket Dimension by deploying on multiple operating systems and mobile systems for improved user accessibility and providing a seamless, easy-to-use Metaverse builder and deployment tool, which is expected to be will result in Pocket Dimension products being quickly ported to other brands and partners.

“We are delighted to be working with Cavrnus in this way. Their expertise complements ours and we expect the outcome of our joint alignment to be quite positive,” said Dorian Banks, LGL’s chief executive officer, in a statement.

READ: Looking Glass Labs Says House of Kibaa Will Incorporate AI into Next NFT Airdrop; publishes Q1 results

“In order to advance ourselves in the Metaverse sector, we believe that strategic relationships are critical, and we want to continue to create easy-to-use and fulfilling Metaverse experiences for Pocket Dimension owners,” added Banks.

The SDP leverages the complementary strengths of both parties to provide Web3 users with a comprehensive and seamless approach to metaverse engagements. To this end, the companies will share documentation and APIs and collaborate on go-to-market activities such as sales and marketing.

In addition to its full-stack SaaS products, Cavrnus recently announced the Cavrnus Metaverse Connector plugin for Unreal Engine, allowing UE developers to easily transform their application into an instant Metaverse experience. It is now available in a limited beta version. Cavrnus also has relationships with companies like Epic Games, AWS, Meta, and others.

Pocket Dimension is a hyper-realistic digital world built with the latest version of Unreal Engine to offer users a premium virtual experience. Each Pocket Dimension features one of eleven different environments including Archipelago, Countryside, Dale, Dunes, Fjord, Marsh, Savanna, Tundra, Woodland and Zen, as well as the aforementioned Genesis Moon environment exclusive to Genesis membership holders. Each environment provides users with different forms of utilities, including but not limited to hosting events with their community, integrating custom structures, and adding digital assets.

Pocket Dimension is a four-acre private space that owners can visit, invite friends, view NFTs, create settings, collaborate with others, or enable experiences through various utilities and uses. Packs offer additional unique benefits to their owners, such as blockchain-agnostic with broad NFT compatibility (Polygon, Ethereum, etc.), extensive avatar system, unique host system for non-playable characters, and more.

Headquartered in Vancouver, British Columbia, LGL is a leading Web3 innovation platform specializing in customer engagement applications to leverage immersive metaverse environments, play-to-earn tokenization and blockchain monetization strategies.

Its leading brand, House of Kibaa (HoK), is designing and curating a next-generation metaverse for 3D assets, allowing functional art and collectibles to coexist on different NFT blockchain environments. HoK has successfully released digital assets including GenZeroes, which sold out in just 37 minutes and brought LGL total proceeds of C$6.2 million, in addition to a 5% perpetual royalty stream on aftermarket sales.

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