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XR Immersive Tech Inc FNTTF


Primary Symbol: C.VRAI

XR Immersive Tech Inc. is engaged in artificial intelligence (AI), virtual and augmented reality, specializing in creating immersive experiences that blend physical and digital worlds. The Company operates a virtual reality (VR) and AI entertainment platform, building the tools and experiences for entertainment and content creation. Through its technologies, it delivers transformative solutions that redefine digital health, entertainment, education, and enterprise. With its hardware platform UNCONTAINED and its software platform Uncontained/OS and its network of over 300 VR operators through Synthesis VR, the Company helps its stakeholders build user experiences unmatched in realism, depth and immersion. Synthesis VR is a software platform for location-based VR management and content licensing. The Company builds experiences on its platforms for some of the companies, including Intel, Bayer, Capital One, Scotia Bank, the US Food and Drug Administration, Allegiant Airlines and more.


CSE:VRAI - Post by User

Comment by TawiTwaion Feb 08, 2023 12:18am
206 Views
Post# 35273575

RE:PNE PLAYLAND XR TECH

RE:PNE PLAYLAND XR TECH

Judoka4eva, First of all, thank you for sharing this with us. You are right, it does not look promising and it just a refection of what is happing with the company and the share price. I am not a sharehodler in this company, looked at it, but decided to stay away. ( Thanks god ) 

The experience you are describing is exactly the state of the industry is in. You said it was like a ghost town, VR is failing regardless how much they are trying to hype this. 

In my opinion, anything related to VR will be very difficult to make money on. Further anyone who jumped on the MetaVerse Hype Wagon is getting slaughtered, look at all the public listed companies associated to MetaVerse and VR, their share prices are in the toilet. 

Even Meta's own employees dont use their own Metaverse, I think this says it all. Metaverse and VR are dead long before they will ever get it going ( if ever )

Here are few articles on the topic.

https://www.forbes.com/sites/paultassi/2022/10/07/report-even-metas-employees-dont-want-to-go-its-own-metaverse/?sh=3aa1a9556fcf

https://www.thegamer.com/metaverse-meta-horizon-worlds-bugs/

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