Caliverse, Lotte Data Communication’s subsidiary, has announced a collaboration with KT Alpha, one of the subsidiaries of KT (Korea Telecom, one of Korea’s most popular telecommunications companies).
The collaboration will allow Caliverse to expand its metaverse platform by incorporating virtual reality (VR) content. To do so, the company will draw content from KT Alpha, which already supplies content rights in a variety of genres—movies, animations, and domestic series—which are distributed across popular streaming services, such as Netflix, Wavve, and Watcha.
Caliverse is developing a metaverse platform that will allow users to explore a virtual city, shop, and interact with content in a more immersive way, as if they were there in person. The company is employing live-action filming, 3D real-time rendering, and interactive technologies to deliver the most accurate experience possible.
Some of the video-related projects Caliverse has worked on so far include Interactive VR Cinema, a 118-minute long VR drama in which players can experience a variety of storylines by choosing the main character’s words and actions, and Tech Vision Trailer, a trailer featuring Hyundai’s design work and functional testing in VR.
Caliverse showcased a prototype of its metaverse platform as well as content at Lotte Data Communication’s metaverse zone at CES 2023 in Las Vegas.
