Xeno Holdings Establishes Joint Enterprise 'Luxen' in Partnership With International Metaverse Developer 7K Immersion

Xeno Holdings, a expertise funding agency primarily based in Hong Kong, introduced on Tuesday the institution of the three way partnership “Luxen”, a metaverse platform in partnership with international metaverse developer 7K Immersion. The aim of Xeno Holdings and 7K Immersion is to construct and convey synergy to a metaverse ecosystem that expands NFT expertise within the artwork, sports activities and leisure industries.

On this three way partnership, Xeno Holdings is answerable for the planning and operation of NFT merchandise and market integration whereas 7K Immersion is answerable for the completion and improvement of the metaverse platform. As every get together has aggressive benefits of their accountable areas, their collaboration is anticipated to deliver new enterprise fashions and NFT occasions for the three way partnership. Final Could, through the ‘NFT Gala Present’, Xeno Holdings made the primary announcement on the institution of the metaverse platform ‘Xeno Dice’.

Amongst Xeno Holdings’ many investments into the expertise market, one significantly profitable case has been their ‘Xeno NFT Hub’ (https://market.xno.dwell), an NFT market, comprising each on-line and offline environments. Xeno NFT Hub is main the way in which for a lot of new alternatives and enterprise circumstances to introduce the general public to NFT expertise and convey NFTs into the mainstream.

Xeno NFT Hub not too long ago performed an offline artwork exhibition occasion with artist Peter Moon from the New York Waterfall Gallery (https://waterfall-artfulliving.com/pages/artist-peter-moon) in Gallery 832 situated in Gangnam, Seoul, in addition to the NFT Supper Genesis (https://www.nftsuppergenesis.com/) occasion with Pixel artist Joo Jaebum, chef DJ Park, Numomo and Punto Blu Artwork Gallery in Seongsu, Seoul.

7K Immersion is a developer of metaverse expertise primarily based in China, India and South Korea. By Lucid, an immersive and interactive on-line platform, a brand new method of social networking in a digital world is being explored. The 7K Immersion group has studios with the potential for full digital manufacturing in China and India to assist the worldwide customary OSFX (On-set VFX). The group additionally holds unique rights to distribute the wearable headset ‘Vrone’, including to their excessive degree of expertise within the VR and metaverse area.

“Luxen is planning to collaborate with the Okay-Pop, sports activities, artwork and leisure industries to assist transition their content material into the metaverse via the usage of NFTs. The partnership between the 2 firms will deliver a worldwide scale and competitiveness with a singular worth proposition within the NFT and metaverse markets,” stated Alan Miller, CEO of Xeno Holdings.

The primary venture of Luxen will probably be minting and itemizing of NFT merchandise and humanities via digital fan conferences and artwork galleries offered on the Xeno Dice platform. Xeno Holdings has earmarked and provisioned $10 Million USD in funds for additional funding on this space.

Press Contact

Kate Wilson (pr@xno.trade)

Supply: Xeno Holdings