Business
WIMI Announces the Establishment of The Holographic Metaverse Division, Laying out the Metaverse Underlying Holographic Technology Research And Development
BEIJING, Aug. 24, 2021 /PRNewswire/ -- WIMI Hologram Cloud (NASDAQ: WIMI), a leading holographic AR application technology provider in China, today announced
About this update from Wimi Hologram Cloud Inc.
[{"type":"text","content":"BEIJING, Aug. 24, 2021 /PRNewswire/ -- WIMI Hologram Cloud (NASDAQ: WIMI), a leading holographic AR application technology provider in China, today announced the establishment of the \"Holographic Metaverse Division\" to develop the underlying Metaverse holographic technology and to explore the \"next generation Internet\".\nMetaverse reflects human beings' exploration of the essence of things and the origin of the universe, and their pursuit of an idealized world. The essence of \"Metaverse\" is an open virtual world, which requires the support of hardware and software conditions to serve many users through the Internet with high coverage and excellent network quality, so as to ensure the basic operation and content production of this virtual world. WIMI set up holographic Metaverse Business Division mainly to develop the hardware and software of the underlying holographic technology and further expand the application of holographic technology in the Metaverse scene.\n1. In terms of Metaverse software technology, WIMI embedded holographic AR content into virtual applications based on imaging detection and recognition technology, template matching and detection technology, video processing and recognition technology, holographic 3D layer replacement technology in imaging recognition and dynamic fusion processing technology in imaging tracking. WIMI's holographic AR content and holographic imaging services based on image detection, recognition, template matching, dynamic image fusion and replacement will generate commercial value in Metaverse commercial applications. \n2. In terms of Metaverse holographic applications, WIMI has a comprehensive holographic IP equity content library, and virtual holographic content covers from 3D models to holographic virtual products. WIMI owns a total of 4,654 holographic virtual IP rights that can be used in WIMI's holographic AR products and solutions, covering a wide range of categories, including holographic anime, virtual live streaming, virtual idol and virtual social. WIMI's virtual assets will generate business value in Metaverse. \n3. In terms of Metaverse holographic hardware, WIMI has launched its holographic XR head-mounted display product \"WIMI Hologram SoftLight\", which has been licensed by FFC and approved to enter the US market. This accelerated iteration in image color manageme...