ePlay and 8i Announce Augmented Reality Partnership and L.A. AR Studio
June 05 2019 - 2:25PM
ePlay Digital Inc. (CSE:EPY) today announced its partnership with
8i, a leading volumetric video company with facilities in Los
Angeles, Seoul, Tokyo, Wellington, and Seattle. ePlay will
integrate 8i hardware and content used for creating and publishing
3D avatars into ePlay’s sports, esports, and entertainment mobile
game platform and Fan Zones. The collaboration increases ePlay’s
presence in Los Angeles, dramatically decreases development time
for adding celebrities and athletes into Big Shot games, and
creates new sponsorship and advertising revenues for the two
companies. ePlay recently announced that Big Shot is expected
to generate an average esports, and in-app purchase revenue per
daily active user (ARPDAU) of USD$1.46. The new features,
advertising, and sponsorship revenues from this partnership are
expected to add USD$0.03 ARPDAU in 2019 and drive ePlay’s gross
margin rate to over 80% in 2020.
“We are thrilled to work with ePlay to advance our technology
and its applications in sports, esports, and entertainment,” says
Hayes Mackaman, CEO of 8i. “Building 8i volumetric capture into Fan
Zones and mobile games is an exciting focus for our partnership
with ePlay.”
Fan Zones featuring 8i remote Augmented Reality (AR) video booth
technology and ePlay’s augmented reality game platform, Big Shot,
are being planned and proposed for several international sports,
esports, and entertainment events starting later this year. Using
Augmented Reality fans and stars are beamed directly from their
physical real-world directly into the Big Shot virtual world on
their mobile phone.
The result is a global first. The first time a user can step
inside an AR studio and enter a mobile game directly with their new
3D volumetric scan. It’s the ultimate in fandom. Fans, brands,
influencers, and athletes can be scanned in 3D and then upload the
result to ePlay’s mobile games as an avatar for challenging friends
and meeting athletes in augmented reality.
“ePlay is building users and celebrities into mobile games in
ways that have never been seen before,” says Trevor Doerksen, CEO
of ePlay Digital. “8i volumetric capture drastically decreases 3D
development time and creates unique in-game 3D and augmented
reality experiences.”
Lenedu.com found nearly 59% of Fortnite users surveyed spent an
average of USD$84.67 on their avatars and other in-app purchases.
Pokemon Go and Fortnite games demonstrates the success of mobile
games driving revenues through skins and avatars.
Augmented Reality Sponsors and Advertisers contact:
Los Angeles - (310) 684-3857 ext 27; Toronto - (647) 435-3591 ext
27; Calgary - (403) 775-9475 ext 2. |
The Company advises it has closed a non brokered private
placement for 5,625,000 units offered at $0.08 per unit, for an
aggregate total of $450,000. Each unit consists of one common share
and one share purchase warrant exercisable at $0.15 per share for a
two year term. No finders fees were paid in connection with
the placement. In addition, the Company will also issue 460,300
common shares for the settlement of current debts incurred to
insiders and a consultant of the Company representing a total of
$46,030.
The Company also wishes to announce that it has
extended the term on 1,000,000 outstanding warrants previously
issued to a single third party investor exercisable at $0.15 from
June 9, 2019 to December 9, 2020.
About ePlayePlay Digital Inc. is a mobile game
creator and publisher specializing in sports, esports and
entertainment augmented reality titles, including their new
flagship title Big Shot Basketball. ePlay is operated by an
award-winning team of sports, gaming and esports leaders as well as
broadcast and digital technology industry experts, software
engineers and athletes who have brought dozens of game titles to
market for companies including Time Warner Cable, ESPN, Sony
Pictures, AXS TV, Intel, AXN, Fiat, CBS, and others.
ePlay’s wholly owned subsidiary, Mobovivo esports specializes in
augmented reality, mobile game development and mobile esports
streaming.
About 8i8i is a volumetric video technology
company on a mission to improve the way we communicate, educate,
and capture and share our memories and experiences. Our
technology creates the most authentic and realistic human
performances in augmented and virtual reality.
NBA is a registered trademark of NBA in the United States and
other countries. Apple, App Store, and iPhone are registered
trademarks of Apple Inc. in the United States and other
countries.
Further InformationFurther details are
available under the Company’s profile on SEDAR at www.sedar.com,
and the Company’s profile on the CSE’s website at
www.thecse.com/
For further media information, or to set up an interview, please
contact:ePlay Digital Inc.(310) 684-3857E-mail:
info@eplaydigital.comWebsite: www.eplaydigital.com |
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Canadian Securities Exchange (CSE): Symbol EPYDeutsche Boerse
Xetra - Frankfurt Stock Exchange: Symbol 2NY2; WKN: A2AN4D; ISIN
CA26885W1041
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