Metasphere Labs Inc. announced the signing of a definitive Software Development Agreement dated June 21, 2024 with ARCannabis BC Ltd. This partnership aims to enhance the online cannabis shopping experience with the use of advanced virtual reality (VR) technology. Pursuant to the Agreement, Metasphere Labs will design, develop, and deliver a VR virtual store for AR Cannabis, leveraging either ThreeJS or Unreal Engine to create an immersive 3D user interface. The virtual store will be accessible on Google Chrome, Safari, and Microsoft Edge browsers, providing a seamless and engaging shopping experience for customers.

The new VR virtual store will integrate with ARCannabis' existing backend shopping cart system, powered by the Cova software service platform, ensuring a smooth transition and enhanced functionality. Customers will enjoy the same features as the current online store, with the added benefit of a fully immersive virtual shopping environment. Additionally, the store is being designed to be embeddable in open metaverse environments and gaming platforms like Fortnite, subject to their terms of service, broadening its accessibility and appeal.

The development of the VR virtual store is set to be completed by September 1, 2024, followed by a 30-day testing period to ensure it meets all agreed specifications and functionalities. The project is valued at $8,000, reflecting Metasphere Labs' commitment to delivering high-quality, innovative solutions within a competitive budget. This Agreement further solidifies Metasphere Labs' position as a leader in the development of immersive and interactive virtual environments.

The Company's dedication to innovation and excellence continues to drive its success in the rapidly evolving Web3 and metaverse industries.