We made it to Friday, which means another amazing week has passed! 🥳 We’d like to tell more about this week’s highlights, updates, and deals closed to keep you updated about ARize progress. 🤩
1. Tech updates
Our UX/UI is at the forefront of the market while also ascertaining a direct user flow. We are constantly working to improve our underlying tech for web AR and VR to deliver a better, faster, and higher quality experience to the end users. We make it so simple that the user doesn’t have to think about it.
Nonetheless, our progressively constructed feedback sessions with our experts, advisors, and select people who fit our user profile to continue. By doing so, we got valuable feedback, allowing us to design the upcoming platform in a way that would suit our users.
2. Metaverse updates
We aim to launch the MVP for our new product, including some hot NFT collections. Our platform will allow creators to upload their 2D & 3D creations & mint them into 3D/AR NFTs. They can then proceed to sell them on our Marketplace. If the asset is sold and resold, creators can continue to earn royalties. We are going to do it in the coming two months.
Adam Azzopardi, our CPO, states: “We continuously aim to empower creators by giving them full control of the assets they create through full ownership & a royalty structure. We connect them to businesses to enhance their products with the use of 3D and AR”.
3. Commercial updates
We have closed a few partnerships to build a Metaverse art gallery with Mark Mallia and a high-end luxury store with CHARLES&RON. Referring to the Mark Mallia collection, with the NFT, the buyer will receive the original copy (included in the NFT’s purchase price).
More partnerships are coming and, of course, the foundation for the first exclusive NFT drops on the ARize marketplace. Important note there will be some elements for ARZ holders only, so get your ARZ ready after the IDO!
4. IDO updates
We are excited to share that 2 out of 3 launchpads for ARZ IDO have been announced: InfinityPad and KrystalGO. The 3rd one will be announced soon as well. The IDO is scheduled to be at the end of March. The exact date will be in the coming weeks. Therefore, our token and its tokenomics & utility ensure we will continuously provide new utility for our token and its holders.
Our token will incorporate staking, providing stakers with a lucrative APY and a tier system to provide perks across our platform. In addition to that, the royalty system will make use of the ARZ token as payment.
Stay tuned for further updates!