On October 13, 2023, 360channel, a subsidiary of COLOPL that operates the Metaverse and XR businesses, announced that it has entered into a strategic partnership with Pixel Canvas, an American company that operates the Metaverse production platform. This is expected to lead to the development of a web metaverse based on Unreal Engine 5.
360channel's Metaverse business will further expand Pixel Canvas, which has partnered with 360channel, is a metaverse company headquartered in Los Angeles, United States that was incorporated in 2021. It is known for providing metaverse production tools developed based on the game development engine Unreal Engine 5 (UE5). By combining the web metaverse development and production know-how that 360Channel's "WEBmetaverse" has accumulated, it is now possible to develop using not only Unity but also Unreal Engine. In recent years, 360Channel has been actively working on business alliances with overseas companies in the XR/metaverse field. 360channel metaverse service “WEBmetaverse” 360Channel has developed a unique "WEB" metaverse system that is highly operable in a high-quality 3D space. Based on this concept, we provide a service that allows you to acquire an original domain and open a metaverse space in as little as one month, just as if you had your own homepage (HP). “WEBmetaverse” using this system does not require the installation of an app, and can be accessed instantly from smartphones, PCs, VR devices, etc. by sharing the URL. XR business production business “VR PARTNERS” also developed 360channel also operates the comprehensive XR business production business ``VR PARTNERS'', which proposes comprehensive measures such as planning direction, event promotion, and effect measurement in response to various needs related to new technologies such as XR and Metaverse. Source: VR Inside
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