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Lion Announces Strategic Partnership with Dawa Future Graphic Technology to Jointly Innovate Metaverse AI Tool

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Lion Group Holding Ltd. (“Lion” or “the Company”) (NASDAQ: LGHL), today announced its latest strategic partnership with Dawa Future Graphic Technology Co., Ltd. (“Dawa Technology”). Through this partnership, the two companies will jointly innovate and develop the Metaverse AI tool – “Cloud Production Platform”, establishing a new form of digital market and a leading position in the construction and development of the Metaverse field.

Dawa Technology is one of China’s largest communities for VR, AR, XR developers and content creators, that gathers veteran researchers, developers, creators and project operation teams. Committed to becoming the most important support platform of the world’s Metaverse development, Dawa Technology has developed more than 100 virtual idols and owns several of the most advanced digital video studios in China, including Asia’s largest indoor motion capture studio that allows XR shooting, which is equipped with the world’s top Vicon motion-capture system and leading LED technology. Dawa Technology owns cutting-edge technology in areas that include virtual idols, VR, virtual production, digital twins and other virtual technologies, as well as digital avatars, real-time visual effects, and AI creation tools, which are all necessary advanced technologies and components for the construction of Metaverse AI.

Qi Lu, founder and chairman of Dawa Technology, commented, “The Metaverse AI tool will solve a series of pain points in the construction of the Metaverse field, making the construction of the virtual world faster and more convenient. The 1.0 version of the cloud production platform will have core functions such as virtual asset management, film production pipelines, business systems, social systems, online education, and collaborative development. This will provide professional and complete new era digital content production solutions for individual users, institutions, and enterprises who intend to accelerate their entry into the Metaverse ecosystem. This cooperation will effectively promote the development of related businesses by leveraging the strong platform strength of Lion Group. We intend to use the complementary advantages between both parties to achieve breakthroughs in the field of creation of the Metaverse, and embrace the future together.”

Mr. Wang Chunning (Wilson), Chief Executive Officer of Lion commented, “Metaverse represents a large potential market for Lion. Our cooperation with Dawa Technology to develop the Metaverse AI tool represents an important step of our entry into the Metaverse field. The Metaverse AI tool is fundamental to the creation and continuous growth of the Metaverse field. We believe this reshaped virtual world of human cognition has strong practical guiding significance and commercial value. We believe the value of the Metaverse production platform will grow rapidly over time. Concurrently, developments in the field of blockchain technology and NFT will also play a key role in shaping the Metaverse.  Earlier this year, we independently developed and operated the cross-chain high-expansion NFT one-stop trading platform Meta World, which was also one of the important layouts for the innovation and development of the Metaverse field. In the future, we intend to continue our efforts to develop future industries related to Metaverse.”

Blockchain

Revolutionizing Fintech: 6G Digital & Rune Nilsson’s FlexM Global in a Bold $12.5M Deal Shaking the Banking Industry

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Teletubbies Digital Companions to Launch on the Tezos Blockchain

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MetaPals, an AI digital companion platform, is partnering with WildBrain’s beloved Teletubbies to bring together cherished childhood memories and the innovative digital era with the launch of the Teletubbies AI digital companions on 20 April, 2024.
As Teletubbies commemorates its 27th anniversary on 31 March, the collaboration marks the beginning of an exciting array of renowned IPs joining the ‘MetaPals Multiverse’ in 2024. Through the use of AI and blockchain technology powered by Tezos, much loved Tinky Winky, Dipsy, Laa-Laa, Po, and even Noo-Noo have become personalized, evolving digital companions within the MetaPals browser extension game engine.

The Teletubbies characters integrate with users’ daily browsing experience that accompanies users across the web, offering both playful interactions and practical assistance. This technology not only brings these fun characters to life in new, interactive ways, but also helps to enhance the mental well-being of users by fostering a sense of companionship.

Each Teletubbies companion within the MetaPals Multiverse will exhibit unique personality traits, offering users a diverse and dynamic experience. With personalities distributed across 5000+ Teletubby companions along a spectrum, users are guaranteed a one-of-a-kind experience, ensuring enjoyment for all and opportunities to foster new connections with this nostalgic brand.

Max Giammario, CEO of MetaPals, said: “Through this collaboration we’re not just revisiting Teletubbyland, we’re reinventing it for the digital age. By weaving in AI and blockchain, we enable the Teletubbies characters to evolve, interact, and form unique bonds with users, embodying our vision of dynamic digital companionship. With a bit of ‘MetaPals magic’, the Teletubbies are exploring beyond the hills and far away, ready to play, in ways we’ve never imagined.”

Melissa Goodrich, Director, Franchise Strategy at WildBrain, said: “We’re excited to see our colorful quartet come to life in new ways through this unique digital experience for fans. As we celebrate 27 years of the perennially popular Teletubbies franchise, this latest collaboration encapsulates the essence of childhood nostalgia while embracing the limitless possibilities of the digital age.”
Jason Lim, TZ Apac Games Adoption Team for the Tezos Ecosystem, said: “MetaPals will be pioneering the convergence of iconic IPs such as Teletubbies with the limitless possibilities of the Tezos blockchain. I can’t wait to see the magic they are brewing up next.”

The post Teletubbies Digital Companions to Launch on the Tezos Blockchain appeared first on HIPTHER Alerts.

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Alarum Announces Exciting Events Lineup and Welcomes Esteemed Advisor to NetNut’s Advisory Board

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