NexTech’s AR Music App AirShow to Feature Offset of Grammy-Nominated Group Migos For AXR+EXP Global Virtual Concert Series ...
13 October 2020 - 10:30PM
NexTech AR Solutions (NexTech) (OTCQB: NEXCF) (CSE: NTAR) (FSE:
N29), an emerging leader in augmented reality for eCommerce, AR
learning applications, AR-enhanced video conferencing and virtual
events, is thrilled to be hosting a virtual meet-and-greet for
grammy-nominated artist and member of Migos, Offset, in
collaboration with the AXR+EXP concert series. The event will be
hosted via NexTech’s newly acquired AiRShow app. The concert will
be October 16 and can be streamed HERE.
Offset’s latest solo album “Father of 4” is RIAA-certified gold,
and with his group Migos, he has sold over three million albums
worldwide. His appearance in the AiRShow app provides a unique
opportunity for his 20+million of global fans to interact in an AR
environment.
SEE AirShow Demo Video
For Android Click HERE!
For Apple Click HERE!
Fans attending the virtual concert will receive an exclusive
access code to provide access to Offset and other performers at the
event, who will appear as human holograms, created by Nextech’s
state of the art AR, in their real world space using the fans’
mobile device. They will be able to record a short video or take a
photo of their unique experience as a keepsake, and share on social
media.
The concert will be October 16 and can be streamed here:
https://futurestream.tv/axrexp
Evan Gappelberg, NexTech CEO, comments, “We are super excited to
work with such a huge global super talent as Offset-and to use our
AR as a part of the AXR+EXP concert series. This is the second
virtual concert for the AiRShow app and I see huge economic
upside for virtual concerts and post pandemic concerts using our
AiRShow app for special VIP interaction and even for livestreaming
artists. He continues “As we are anticipating Apple’s AR glasses
launching soon, we believe that our AiRShow app will be a great
addition for the glasses. With Apple’s AR glasses creating a
window into another world we see these types of human holographic
performances becoming the new normal in that world and we want our
AiRShow app to be a part of that future. With this activation, we
are positioning NexTech to be the leader in next generation
entertainment.”
According to the World Economic Forum the music industry
generates $50 billion per year and due to COVID19 live performances
have been completely shut down, which has opened the door to
virtual music events and using AR for VIP interactions.
AiRShow is an app that allows you to watch performances from
real people in your own home. Tap on a featured event, or use a VIP
code to access exclusive content to see music artists appear right
in front of you using AR! Soon you will be able to buy tickets to
premium content using an in-app purchase, directly in the app!
App download here:
For Android Click HERE!
For Apple Click HERE!
About NexTech ARNexTech is one
of the leaders in the rapidly growing Augmented Reality
market estimated to grow from USD $10.7B in 2019 and
projected to reach USD $72.7B by 2024 according to Markets &
Markets Research; it is expected to grow at a CAGR of 46.6% from
2019 to 2024.
The company is pursuing four verticals:
InfernoAR: An advanced Augmented Reality
and Video Learning Experience Platform for Events, is a SaaS video
platform that integrates Interactive Video, Artificial Intelligence
and Augmented Reality in one secure platform to allow enterprises
the ability to create the world’s most engaging virtual event
management and learning experiences. Automated closed captions and
translations to over 64 languages. According to Grandview Research
the global virtual events market in 2020 is $90B and expected to
reach more than $400B by 2027, growing at a 23% CAGR. With
NexTech’s InfernoAR platform having augmented reality, AI,
end-to-end encryption and built in language translation for 64
languages, the company is well positioned to rapidly take market
share as the growth accelerates globally.
ARitize™ For eCommerce: The company launched
its SaaS platform for webAR in eCommerce early in 2019. NexTech has
a ‘full funnel’ end-to-end eCommerce solution for the AR industry
including its Aritize360 app for 3D product capture, 3D/AR ads, its
Aritize white label app it’s ‘Try it On’ technology for online
apparel, 3D and 360-degree product views, and ‘one click buy’.
ARitize™ 3D/AR Advertising Platform: Launched
in Q1 2020 the ad platform will be the industry's first end-to-end
solution whereby the company will leverage its 3D asset creation
into 3D/AR ads. In 2019, according to IDC, global advertising spend
will be about $725 billion.
ARitize™ Hollywood Studios: The studio is in
development producing immersive content using 360 video, and
augmented reality as the primary display platform.
To learn more, please follow us on Twitter,
YouTube, Instagram, LinkedIn, and Facebook, or visit our website:
https://www.nextechar.com.
On behalf of the Board of NexTech AR Solutions
Corp. “Evan Gappelberg” CEO and Director
For further information, please contact:
Evan GappelbergChief Executive
Officerinfo@nextechar.com
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constitute “forward-looking information” under Canadian securities
legislation. Generally, forward-looking information can be
identified by the use of forward-looking terminology such as, “will
be”, “looking forward” or variations of such words and phrases or
statements that certain actions, events or results “will” occur.
Forward-looking statements regarding the Company increasing
investors awareness are based on the Company’s estimates and are
subject to known and unknown risks, uncertainties and other factors
that may cause the actual results, levels of activity, performance
or achievements of NexTech to be materially different from those
expressed or implied by such forward-looking statements or
forward-looking information, including capital expenditures and
other costs. There can be no assurance that such statements
will prove to be accurate, as actual results and future events
could differ materially from those anticipated in such statements.
Accordingly, readers should not place undue reliance on
forward-looking statements and forward-looking information. NexTech
will not update any forward-looking statements or forward-looking
information that are incorporated by reference herein, except as
required by applicable securities laws.
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