ATLANTA, GA/ACCESSWIRE/December 1, 2022/ Seven Arts Entertainment Inc. (OTC PINK: SAPX), the “Company”, a film and music production company, is pleased to announce that the Company has entered into an affiliate relationship with 4D FüN.
4D FüN, https://4dfun.io/, is a disruptive technology company, rooted in artificial intelligence and specializing in immersive volumetric technologies, NFTs, spatial computing, VR, AR, XR experiences and games. Their underlying technology can be applied in multiple applications and across many industries, including music, entertainment, sports, healthcare, and specialty training. 4D FüN’s volumetric modeling, the most advanced capture technology to date, generates a virtual 360° 3D representation of live recorded footage that yields more vivid results with dramatically reduced production time and cost. 4D FüN produces a fully immersive next-level experience that models the intricacies of human expression as well as the unmistakable presence of a live performance.
Through 4D FüN’s proprietary ecosystem, Scenez, https://scenez.io/, users can attend live performances, trade resources, and interact in the metaverse. Scenez is accessible through the Metamask digital wallet, making it the world’s first and only marketplace for virtual experiences built on the blockchain. The environment is powered by two separate core products called The Marketplace and The Platform. The Marketplace is where you can become a citizen of Scenez to find, acquire, sell or trade unique 4D experiences as well as your previously owned digital assets. The platform is where you can interact with experiences and your already owned digital assets. You can see a demo of Scenez here: https://vimeo.com/760457334/71d94f409e
As part of the agreement, Seven Arts will provide 4D FüN access to its Dolby Atmos technology, to further expand immersive audio experiences within Scenez, once its new Atlanta production facility is completed and launched. . The company will also act as a point of reference in the Atlanta market for artists and creators who may be interested in working with 4D FüN in the future.
Finally, Seven Arts has already started to initiate direct investments in 4D FüN, thanks to which Seven Arts will also be part of the overall success of 4D FüN. The company intends to make several direct investments with 4D FüN in the coming months.
Jason Black, CEO of Seven Arts, said, “I am very pleased that Seven Arts is working with 4D FüN. Their company is at the forefront of virtual reality experiences and their use of blockchain technology really makes them cutting edge. Our investments in 4D FüN will also serve to exponentially increase the overall value of Seven Arts. »
About: Seven Arts Entertainment Inc. is a media and entertainment company developing a diverse portfolio of intellectual properties in the film and music industries.
This press release contains forward-looking statements. The words “believe”, “may”, “estimate”, “continue”, “anticipate”, “intend”, “should”, “plan”, “could”, “target”, “potential”, ‘is likely’, ‘will’, ‘expects’ and similar expressions, as they relate to us, are intended to identify forward-looking statements. The Company has based these forward-looking statements largely on our current expectations and projections regarding future events and financial trends that we believe may affect our financial condition, results of operations, business strategy and financial needs. Some or all of the results anticipated by these forward-looking statements may not be achieved. Any forward-looking statement made by us herein speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may arise from time to time and it is impossible for us to predict all of them. The Company undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as required by law.
THE SOURCE: Seven Arts Entertainment, Inc.
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