STEPVR Year in Review 2022
Happy New Year 2023! Here's a recap of what we have accomplished in 2022 #newsletter #updates #metaverse #vr #virtualreality #stepvr
It’s been a week into the New Year 2023. We from STEPVR hope that everyone has enjoyed nourishing time over the holidays and now looks forward to get back to work recharged and inspired.
2022 has been a big year for STEPVR. Not only had we launched our global headquarter in Singapore and hit the ground running with our global expansion strategies, within mainland China, we had continued to make tremendous progress.
After the viral success of our Free-Roam VR product Future Battle (we opened 140 stores across the country within 8 months), we launched our Avatar-as-a-Service product iMetaStar in March 2022. Since then, we had onboarded close to 200 influencers across Chinese social media platforms such as Douyin and Kuaishou. We enable them to create short-video content and livestream as an avatar of their design and choice.
The combined total followers of our iMetaStar virtual idols are 70 million so far, and our top virtual idols earn up to 200 000 USD per month from livestreaming!
In 2023, we intend to onboard up to 100 000 influencers and give them the opportunity to be rich online.
In May 2022, we launched Gates 01, the first commercialised omnidirectional treadmill portal to the metaverse, inspired by Spielberg’s 2018 seminal movie Ready Player One. We are going to incorporate these gates into commercial use in shopping centers, fitness centers, and public attractions, and we have been talking to key partners in China, Singapore, Malaysia, Thailand, Vietnam, Dubai, and potentially the United States on this front.
Here are some other major milestones since we launched our Singapore’s global headquarter in September 2022:
We had our first global launch event for community members and key investors.
We had our first pop up store in Singapore at the 313 shopping mall.
We presented at Deep Dive Metaverse 2022 in Seoul.
We exhibited at Reverecon 2022 in Bangkok.
We gave a key note speech at Wild Digital 2022 in Kuala Lumpur with other experts in the Web3 and metaverse industry.
We exhibited and gave a speech at Innovation Made Real event by Capitaland Singapore.
We exhibited at DAxVERSE event by DBS Singapore.
Lastly, we helped our partner Petabit launch their headquarter in Bangkok. Petabit is going to push for a mass adoption of STEPVR technology in Thailand. We opened our first Free-Roam VR Future Battle store at the headquarter, and 100 more are going to follow suit.
Meanwhile, here are some of the things that are currently under negotiation:
Moving into Pixel Lab location by Infocomm Media Development Authority (IMDA) Singapore.
Our fintech arm is exploring the possibility to develop a metaverse payment system for the Monetary Authority of Singapore (MAS).
Developing a virtual idol program for a leading live-streaming platform in Japan.
A collaboration with the largest real estate group in Melaka.
A collaboration with The Office of Financial Research Fund in the Philippines.
A large scale VR Free-Roam experience in Singapore.
A Future Expo shopping mall in Vietnam.
Etc.
We are excited to charge full speed ahead in 2023 and we invite all of you to hop along on this journey!
Onward and upward!