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CGTrader Building a Foundation for the Metaverse
World’s largest provider of 3D content revises platform to drive creation, streamline access of metaverse-ready models
ORLANDO, Fla. – December 22, 2022 – (Newswire.com)
In response to the growing demand for 3D models that are optimized for use in virtual reality environments, CGTrader, the world’s largest marketplace for 3D content, is building processes that will encourage creation of 3D model “building blocks” of the system and make it simpler and faster for companies developing metaverse projects to find and purchase those models.
The metaverse is a virtual shared space that may be the next generation of the internet. It is created using a combination of technologies, including virtual reality (VR), augmented reality (AR), head-mounted displays, artificial intelligence, and more.
These virtual spaces need 3D models as their building blocks, and CGTrader has started seeing a growing market demand, especially from major players like Meta, Nvidia, and others. However, different platforms can have different requirements, and 3D assets are complex.
In response to that demand and to speed and streamline development of the metaverse, CGTrader is building dedicated listing pages for metaverse software packages and launching a process to rapidly increase the number of compatible 3D models.
In the first phase, a marketplace model review already has populated the new listing pages with batches of 3D models dedicated to specific metaverses or use cases like Unity, Unreal and TikTok. The second phase will allow the CG Trader designer community of more than 90,000 designers to participate by applying for specific models to have metaverse badges, which can rapidly increase the number of models listed for specific metaverses or use cases.
CGTrader’s third phase is building an automated 3D model validation pipeline to compare and check models to specific requirements, with the ability to convert models into selected specifications.
“Combining all three of these phases, we can grow the number in each category very significantly,” said CGTrader CEO Dalia Lasaite. “This initiative also will help creators, by improving access to the tools for 3D model design for people who have an aesthetic vision but may not yet have developed advanced technical skills.”
CGTrader’s listing structure begins with a focus on six metaverses/other digital platforms categories:
- Spark AR, an augmented reality platform from Meta, for Mac OS and Windows, that lets users create AR effects for mobile cameras;
- Snap AR, technology owned by Snapchat’s parent company that creates AR assets from existing product photography;
- Omniverse, Nvidia’s suite of cloud services for artists, developers and enterprise teams to build metaverse applications;
- EffectHouse, TikTok’s tool for creating, publishing and sharing AR effects for TikTok;
- Unity, a cross-platform game engine that is used to create interactive 3D experiences for a wide range of platforms;
- Unreal Engine, a game engine developed by Epic Games that is used to create high-quality 3D graphics and immersive environments.
CGTrader currently lists more than 42,000 metaverse-compatible models available across the six categories, with the number growing daily.
“Introducing these metaverse 3D model categories will be a good step forward to building more content compatible with all the new digital initiatives, and to initiating collaborations with the leading platforms on how to build more relevant content ready-to-use on their products,” Lasaite said. “The demand on each of the dedicated pages will indicate to us where the market is moving and what type of content our designer community should focus on.”
CGTrader’s next steps, Lasaite said, will be continued work with the designer community to increase the supply, improving the UX of the content users to find what they need, working with the platforms on building more use cases, and sharing those use cases with the 3D community.
To learn more about CGTrader’s vast catalog of 3D models for AR/VR, gaming, advertising, entertainment and 3D printing, and about custom 3D model design, visit CGTrader.com.
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About CGTrader
Established in 2011, CGTrader is the world’s leading provider of 3D content. More than 500,000 customers globally, including more than 150 Fortune 500 enterprises, trust CGTrader to source and manage three-dimensional content. The company has two core product lines: Marketplace, which unites over 6 million users, and Modelry, the end-to-end 3D content engine.
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Madeleine Moench
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CGTrader Building a Foundation for the Metaverse
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MansionLife.com Launches Invest, an Industry-First SFR Fractional Investing Platform, to Help Scale Its Network of Upscale, Flexible Single-Family Rental Homes Across the U.S.
With Mansion Invest, Mansion turns its members (its guests) into real estate investors & owners by allowing them to invest in the same homes they can book.
MansionLife.com Announces Mansion Invest
With Mansion Invest, retail and institutional investors can tap into Mansion’s valuable real estate portfolio in an accessible and scalable way.
CHARLOTTE, N.C. – December 22, 2022 – (Newswire.com)
Today, Mansion Group Inc., a Charlotte-based startup founded by investor & retired Red Ventures Chief Digital Officer John Sutton, has come out of stealth mode and announced the development and coming launch of Mansion Invest, the industry’s first vertically integrated, fractional single-family home rental real estate investment platform. Invest transforms Mansion’s customers into partial property owners by enabling them to own a share of the inspiring homes they can book across the Mansion network.
Mansion will leverage the Mansion Invest platform to expand its network of inspired, flexible, single-family rental homes across the U.S. Through this new platform, Mansion will more than 5x the number of rental homes available to its members by the end of 2023, positioning Mansion to enable its members to seamlessly move across its network of homes as they embark on the next step in their nomadic journeys.
With Mansion Invest, retail and institutional investors can tap into Mansion’s valuable real estate portfolio in an accessible and scalable way. Luxury short-term rental homes offer attractive fundamentals, including regularly generated revenue from guest bookings and single-family homes’ stability and appreciation profile. Mansion Invest shareholders will have the potential to earn dividend-yielding-passive income with 4% – 8% targeted annual dividends for most offerings, deposited every quarter, PLUS share in any home appreciation in the event of a sale and the tax benefits that come with REIT taxation for most offerings.
The launch of Mansion Invest comes at a moment when investors are increasingly looking to diversify their portfolios after continued public market losses throughout 2022. While the demand to invest in single-family homes remains high due to their stability and appreciation, the soaring interest rates have made the asset class increasingly out of reach for many investors.
“Mansion Invest provides a truly unique investment experience that allows retail investors to make real estate investment decisions in ways similar to how they shop for their own dream homes, hopefully, one that can also create tremendous value for them over time. Unlike others in the category, Mansion Invest will provide access to single-family real estate investments for all retail investors, not just high net-worth accredited investors. By creating an experience that provides them the choice of which homes to become an owner/shareholder in,” said John Sutton, Founder of Mansion Group and its primary investor, “Mansion will enable the everyday investor to invest in homes and communities they believe in. We’re creating something extraordinary for neighborhoods that can bring the pride of homeownership to the home rental space, something missing from most REITs. Combine this aspect with the ability for our investors to stay in the homes they invest in or allow their friends and family to book easily in the Mansion app, and you create a new class of SFR rentals that are more connected to the spirit of the community and those that live in it.”
Mansion Group is working to build tomorrow’s single-family rental experience for guests and investors. John Sutton & his co-founders/early investors have invested over $2MM to build the business without traditional venture capital, far less than their peers, reflecting a focus on ensuring the development of a sustainable, long-term business. Mansion has worked tirelessly over the past three years to develop the operational expertise to ensure an excellent guest experience, which leads to outstanding performance for investors in the homes on the Mansion platform. Mansion Group stands out in the fast-growing tech-enabled single-family rental space by vertically integrating and owning 100% of the homes on the platform, essential to providing uncompromising hospitality, next-generation intelligent home technology, and a consistent experience across a wide range of locations in addition to enabling Mansion to provide the platform for retail investors to become owners of the single-family rentals on Mansion.
With over 1,900+ stays managed since launching in early 2019, Mansion Group has experience in the complex single-family rental space unmatched by most tech startups; and experience that has delivered consistently great customers reviews, many of whom highlight “hospitality, quality of the design, and excellent attention to detail” as top reasons for choosing Mansion properties over alternative homes on platforms like Airbnb. Through the Mansion Life app, consumers can book a home with inspiring designs (furnished by the in-house furniture & interior design brand MansionDistrict.com), exceptional amenities, high-quality beds, hotel-grade cleaning, and 24/7 concierge services.
Mansion Group, which began as a real estate investment company and has become a leader in using AI-powered analytics to identify investment homes, owns and operates numerous properties across Charlotte, NC. The company acquired these properties after evaluating them using Mansion’s proprietary AI+Human platform, “TheButler,” which analyzes thousands of data points such as recent sales, Average Daily Rates of competitors, nearby hotel occupancy, walkability, historical appreciation, submitted development permits, and more to identify target investment homes. By early 2023, Mansion plans to more than double its rental investment properties by expanding into new high-demand cities in the southeast U.S.
The next generation of companies are ones where users are transformed into owners. Introducing ownership to the Mansion platform unlocks access to wealth creation for the average investor and a more significant affinity for the Mansion member experience. In tandem, Mansion opens location expansion, which results in more growth and opportunities for people to enjoy the home rental experience of the future.
Mansion Invest is currently in closed BETA as Mansion works alongside its FINRA-registered Broker Dealer Dalmore Group to register the offering with the SEC, but interested investors can join the waitlist at MansionLife.com; waitlist slots are limited. Questions can be directed to [email protected].
Contact Information:
John Sutton
CEO & Founder
[email protected]
8334683789
Kirby Smith
Head of Communications
[email protected]
8334683789
Related Files
Mansion Invest Press Release Dec22 Invest Waitlist PDF.pdf
Mansion CEO JohnSutton Headshot.JPG
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