VR Education Holdings launched its virtual reality (VR) learning platform Engage in 2018 and has since gone from strength to strength, being one of the core applications of HTC’s Vive XR Suite. Today, the company announced plans to develop a new corporate metaverse, called ENGAGE Oasis.
An evolution of the current Engage platform, ENGAGE Oasis will be a fully persistent virtual world designed entirely for business use cases. VR Education customers will be able to meet and sell products and services directly to each other, whether they are a global corporation, a business professional or a college student. Its design will help foster new connections, either within a company or externally.
With its professional approach, ENGAGE Oasis will see avatars and virtual locations tailored to these needs, which will allow companies to freely adapt their industry to their own style and brand, setting their own guidelines in the process. There will also be a marketplace where creators can sell digital items and provide services using non-expendable tokens, fiduciary coins and cryptocurrencies.
“If Rec Room and Roblox are the TikTok and Twitch of the metaverse, we want ENGAGE Oasis to be the LinkedIn of the metaverse,” says David Whelan, CEO of VRE in a statement. “We believe that young professionals, corporations, digital artists and service providers will love all the opportunities that are part of the metaverse. With the pandemic and climate change causing companies to rethink how they interact externally and internally, the virtual world provided by ENGAGE Oasis has the potential for exponential growth. ”
“ENGAGE is already a leader in the world of virtual communications and our growing customer base and proven technology underscore our belief that we can become the leader in corporate metavers,” adds Whelan. “We look forward to updating the market on our progress, including launch partners, in the coming months.”
ENGAGE Oasis is expected to launch in the first half of 2022. Engage currently offers three solutions for customers: Virtual Campus, Virtual Office and Virtual Events, with the new metavers as an additional service for current users. These include Abbott Laboratories, Facebook, KPMG, MongoDB and the US State Department.
As more details of ENGAGE Oasis are published, VRFocus I will let you know.