MetaVRse awarded Epic MegaGrant from Epic Games

MetaVRse awarded Epic MegaGrant
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Leading creative edge platform, MetaVRse, receives Epic MegaGrant to propel Engine development ahead of schedule

September 24, 2021, Toronto, Ontario: MetaVRse announces its receipt of the Epic MegaGrant from Epic Games, owner of Unreal Engine, for further development of interoperability between MetaVRse and Unreal Engine. The MetaVRse engine is the most powerful web-based 3D editor and works towards a vision unlocking the power of XR creation and development for everyone. The MetaVRse engine is device/browser/OS agnostic and strives to create a seamless experience for engineers, designers, marketers, educators, and most importantly, students, across every industry, providing unlimited potential for 3D communications.

Currently, the MetaVRse Engine accepts OBJ & FBX 3D model files. The ultimate goal is to automatically accept industry-standard formats; GLB and USD which dovetail nicely into the Unreal Engine. The Epic MegaGrant makes this GLB, USD integration possible on an expedited timeline, allowing for a better user experience for all. The MetaVRse Engine can be accessed directly here: https://engine.metavrse.com and by the end of Phase 1, we will have full and automatic support for GLB and USD formats in the MetaVRse Engine.

“The Epic MegaGrant will accelerate the advancement of our engine by several months, strengthening our mission of unlocking the power of spatial computing for everyone, we couldn’t be more thrilled with this opportunity from an industry leader such as Epic Games – Thank you Epic!” said Julie Smithson, Co-Founder, and CAO of MetaVRse.

The Epic MegaGrant offered by Epic Games includes a variety of endeavors to further ignite creativity and technological advancement within the 3D graphics community. Epic Games has committed $100 million to support game developers, enterprise professionals, media and entertainment creators, students, educators, and tool developers doing amazing things with Unreal Engine or enhancing open-source capabilities for the 3D graphics community.

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MetaVRse is a code-optional platform that makes it easy to create and share interactive 3D experiences instantly on the web. Founded in 2016, MetaVRse quickly gained the attention of global companies recognizing the power of the MetaVRse Engine in future applications. MetaVRse offers the world’s first engine designed to quickly build and deploy incredible interactive 3D and XR experiences on all platforms, browsers, and devices – as simple and easy as making a slide deck.

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Neel Achary is the editor of Business News This Week. He has been covering all the business stories, economy, and corporate stories.