Global Innovation Forum 2022 Global Innovation Forum 2022

XPR Labs Inc(Canada)

Experience the Future.

#XPRLabs #Metaverse #Vrfuture

Category:

AR・VR・MR

Overview:
XPR Labs’ cutting-edge VR platform — XPRience — enables business, commerce, and massive events to happen in accessible, secure, photorealistic VR environments. XPRience is suitable for operations of any size, and is paired with the most comprehensive online VR event catalogue: XPREvents.

Advantages of our technology:
In 2020, XPR Labs identified three major weaknesses in the virtual reality market: it’s inaccessible for many consumers, lacks centralized event and venue catalogues, and has no experienced consultants in the field of VR event management. All three of these issues can be solved, through XPR Labs’ XPRience platform and XPREvents programs.
XPRience creates a scalable environment for enterprise-level VR events, enables business and commerce in a secure virtual environment, and maintains a focus on user accessibility and cost-efficiency — no costly equipment or extensive training required. A browser-based component enables access from any device.
Through the XPREvents division of the company, any organization interested in building a VR event can do so with incredible ease. XPR Labs provides consulting services to assist with planning, organizing, and operating the event, along with the platform, staff, venue, and logistics needed to do so.
These products are tied together by the XPREvents website, which maintains the most extensive catalogue of VR events ever assembled. Through this website, consumers can access and filter through listings of thousands of VR events and gatherings, purchase tickets to premium events, and access XPR Labs’ consulting services.

Our business model:
XPR Labs takes a multi-stream approach to revenue generation.
For consulting services, all organizations receive a customized plan that enables their virtual events to succeed. XPR Labs takes a small fee based on the number of attendees and length of the event, in order to cover server costs. A percentage is taken from all ticket sales, exhibitor/booth sales, merchandise sales, and other relevant items. Finally, a daily leasing fee for the venue helps cover the cost of designing, developing, and maintaining new venues and event systems.
For custom venues, a negotiable lump sum is determined, based on the complexity of the virtual environment and the systems required to develop it. XPR Labs’ most popular program for venue development offers a significant discount, and issues ownership of the venue to the client in the form of an NFT, with contractual obligations to remain on the XPRience platform and split profits from the venue. This program makes venues much more accessible to clients operating on a budget.
The XPREvents website also generates revenue, through advertising, event marketing, and paid promotions. The integrated ticketing system also makes it significantly easier to both monetize VR events and automate ticket sales and RSVPs.

Our aim for business:
[Target department / division/ companies]
We are primarily seeking partners in VR/AR/XR, marketing, and localized business development.

[Principle Objective of exhibiting at GIF]
To find partners for technical tie-ups
To find joint venture partners
To find users

Recommended by

International Division, Osaka Chamber of
Commerce and Industry (OCCI)

TEL:+81-6-6944-6400

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