Published on: 14/02/2024
The metaverse and 3D technology are exploding onto the scene with the potential to reshape the digital world and entertainment landscape. In a recent development, Ozone, a new spatial computing cloud platform, is looking to enable the open metaverse at scale, AI, and Web3. Ozones platform is leveraging the transformative potential of these technologies by allowing businesses to create, launch and profit from various 3D projects, from simple galleries or meetup spaces to AAA games and complex simulations.
This development is a significant pivot point for the industry as it signifies a broader transition towards more immersive, interactive and spatially-aware experiences, catalyzed by Apple’s Vision OS launch. Guided by the anticipation of numerous business leaders, the metaverse seems poised to establish a $5 trillion market by 2030. As the spatial computing era evolves, Ozonecloud platform has the potential to become the leading spatial computing cloud, enabling businesses to keep up with this transformative shift.
Yet the process isnt without its challenges. Traditional tools and methods for creating 3D experiences are becoming increasingly inadequate, requiring a new way of thinking. Industry insiders, such as venture capital firm a16z, are calling for a revamped approach, envisioning a future where game engines are employed as cloud-based “3D creation engines”. In response to this, the Ozone platform, a robust cloud computing cloud for 3D applications, has emerged.
In furthering its innovative approach, the Ozone platform has launched OZONE token, its proprietary cryptocurrency. Jay Essadki, executive director for Ozone, described OZONE token as the core platform token that will unlock higher levels of spatial computing and AI over time, with complete interoperability throughout worlds powered by their cloud.
As Ozone prepares to emerge from their stealth mode, they are building a robust team and securing additional capital. This move has a potentially disruptive effect on the market, threatening to replace legacy game engines such as Unreal or Unity. Yet, Ozone is not losing sight of these platforms’ value and is supporting their engines’ created assets to be deployed on the Ozone platform across Web2 and Web3 alike.
Notably, Ozone is welcoming ex-VR/AR lead at Unity, Tony Parisi, amongst others, as a member of their 2024 advisory team. Combined with capital boosts from prominent Web3 VC funds and introduction of template-based games, there seems to be strong momentum behind this platform.
From an investors perspective, the twin advancements of the metaverse and spatial computing on a cloud platform could prove to be a goldmine. The Ozone platform, with its strategic use of OZONE token, is aiming to consolidate these tech advancements into a immersive, interactive, and economically viable platform, indicating the strong potential for returns. Furthermore, the platform’s ambitious goal to become the industry standard for interactive 3D development signals an interesting and potentially lucrative investment opportunity.
These developments indicate a positive market sentiment and strong potential for future movements and growth within both the metaverse and crypto space. As the markets continue to adapt and evolve in response to such advancements, investors should stay attuned to these trends for further opportunities.
In conclusion, Ozones innovative approach to blending spatial computing, the metaverse, and Web3 holds exciting potential. With its robust business model, strategic partnerships, and promising market indicators, its a development that merits close attention from investors and observers alike. This evolution paints a bullish picture for the future of the cryptocurrency market and spatial computing technologies.