Unlocking XR: From Images into Engaging interaction — A Masterclass
Evolution and future of Extended Reality (XR). From the foundational concepts in human interaction to the cutting-edge tools and technologies that drive XR.
We continued our Build with Founders series of masterclasses with a shift to extended reality. We invited the Founder of Metakraft AI, an AI in Gaming, 3D Design, & XR/AR/VR champ to talk about how the world is slowly going towards immersive tech and how the Web3 space can literally create more value in the immersive and spatial tech.
Key Focus Areas
- Explore the historical context of human interaction and its evolution into the digital age.
- Gain a solid understanding of what XR is, including an overview of the essential tools and technologies that make XR possible.
- Learn to create an XR application through a guided, hands-on workshop.
- Discuss and analyze future trends in XR to anticipate changes and opportunities in the field.
Know your mentor
Abhishek Roushan, CEO of Metakraft AI, is a seasoned entrepreneur and 3D design expert with a strong background in business development and education. Having founded two businesses and trained over 300 young designers, he brings deep insights into the needs of creators. His leadership at Metakraft AI has driven innovation in immersive digital content, established key partnerships, and built a vibrant user community, positioning the company as a leader in the Web3 space.
Masterclass Video
Watch the full masterclass video here:
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Masterclass Summary
“Unlocking XR: From Images into Engaging interaction” offered a journey through the evolution and future of Extended Reality (XR) covering foundational concepts in human interaction to the cutting-edge tools and technologies that drive XR.
Introduction to Extended Reality (XR)
Extended Reality (XR) serves as a transformative bridge connecting physical and digital environments, enhancing immersive experiences across various industries.
One example is in education, where students can engage in more interactive and immersive learning environments through XR, overcoming traditional 2D learning limitations.
Key Points:
- XR bridges physical and digital environments.
- Improves user experience and interaction with digital content.
- Applicable in education and other sectors for enhanced learning.
Evolution and Future of Virtual, Mixed, and Augmented Reality
Virtual Reality (VR), Mixed Reality (MR), and Augmented Reality (AR) technologies have evolved significantly since their early prototypes in the 1980s. With products like Oculus Rift (VR), Microsoft Flight Simulator (MR), and Pokémon Go (AR), the industry has seen rapid growth. Future projections suggest that XR technologies will continue expanding, following a growth trajectory similar to that of the internet.
Key Points:
- Significant growth in VR, MR, and AR, especially in recent years.
- Examples include Oculus Rift, Microsoft Flight Simulator, and Pokémon Go.
- Continued growth in XR technology is expected over the next 6–7 years.
XR Industry Growth and Challenges
The XR industry is seeing rapid adoption in areas like enterprise applications and training. However, a key challenge lies in hardware development. While software improvements, like those in Unity and other platforms, have enabled better 3D content creation, the demand for more lightweight and stylish hardware persists.
Key Points:
- Rapid adoption in enterprise and training applications.
- Over 2.7 billion people engage with immersive content, though VR headset adoption remains at 35 million.
- Hardware innovation, such as flexible displays and advanced chips, is the current bottleneck.
3D Content Creation Platform Development
The development of a versatile platform for 3D content creation has paved the way for creating, managing, and exporting 3D content across various industries. This platform is flexible, interoperable, and supports multiple libraries and APIs, making it accessible beyond Unity users.
Key Points:
- The platform supports content creation for games, simulations, and interactive experiences.
- Interoperable across multiple platforms.
- APIs enable seamless integration of 3D content into web applications.
AI-Generated 3D Content for Gaming
AI-generated 3D content is changing how gaming experiences are created, allowing greater customization and user control. The platform demonstrated features like image-to-3D model conversion and content customization through the use of credits. This new approach accelerates content creation while improving the quality and precision of 3D models.
Key Points:
- AI-generated 3D content enhances customization and control in gaming.
- Users can convert images into 3D models through automated processes.
- Pixelation and layering processes are used to refine and enhance model quality.
Use Cases and Growth of XR Beyond Gaming
XR’s potential stretches beyond gaming into industries like real estate and automobiles. Virtual home tours and simulations are examples of how XR can be applied in non-gaming sectors. Moreover, over 200,000 XR applications were launched last year, with projections indicating even more growth.
Key Points:
- XR adoption in sectors like real estate and automobiles.
- XR applications are becoming widely available, with over 200,000 launched in the previous year.
- XR could potentially revolutionize business sectors with the integration of Web 3.0 elements.
Web 3 and XR Integration
The integration of XR with Web 3.0 presents solutions to common issues faced by 3D content creators, such as monetization and ownership tracking. By leveraging decentralized platforms and technologies like DeFi, XR can enable creators to monetize and track their content more efficiently. This section also touched on how Web 3.0 can reshape industries, including payment systems.
Key Points:
- Web 3.0 provides new avenues for content creators to monetize and track ownership.
- Integration of Web 3.0 and XR in industries such as DeFi can improve user experiences.
- Future potential for programmable IP using decentralized technologies like Stori Protocol.
Exploring XR Startups and Immersive Gaming
The rise of XR startups can be observed through various business models, including SaaS-based platforms and royalty-based applications. The integration of MR applications in enterprise sectors is also gaining traction, with immersive gaming poised to be a key driver for the mass adoption of XR technologies.
Key Points:
- XR startups are growing through SaaS, studio collaborations, and royalty-based models.
- MR applications are increasingly used in enterprise settings.
- Immersive gaming is not the only use case for XR, with broad potential for adoption across sectors.
About Pivot
Pivot is a global venture accelerator firm dedicated to the Web 3.0 industry, created by founders, for founders. Pivot’s selected startups are focused on milestones & are not bound to periodic curriculum-based programs. Founded by Anshul Dhir, a 3x founder in the Web 3.0 space, and mentor and investor in over 50 companies in Web3. Pivot is being supported by some great founders & Angels in this industry including Polygon, Delphi Digital, Blockchain Founders Group, Liminal, Biconomy, BitsCrunch, Tegro, Router, QuickSwap & more. We are also supported by Tier 1 ecosystems such as BNB Chain, Polygon, Arbitrum, ICP, Manta Network, Mantle apart from many VCs, launchpads, Exchanges & many more.
