Digital human Firm Spacetimecaps Uses New Tech to Enter the Metaverse

Technology Author: Boying Ji Jul 05, 2022 04:01 PM (GMT+8)

The vast potential of the metaverse continues to burst, and content socialization, as a popular sector under the metaverse ecology, is becoming more valuable. In constructing “people, objects, and fields” in the metaverse, 3D digital humans will serve as a vital hub.

Digital Avatar

Spacetimecaps (Chinese: 时拓智能) was established in 2016. It is a digital human metaverse technology manufacturer featuring accurate body replicas. Based on LFM+NFT blockchain technology, the firm builds a 1:1 actual body replica hyper-realistic 3D digital human.

The company is committed to building a concentrated metaverse social e-commerce platform and enabling everyone to have their digital human. Spacetimecaps has been selected into the Cultivation Library for the Listing of Shanghai Science and Technology Innovation Enterprise.

Dong Xinlong, the founder and CEO of Spacetimecaps, said that the core team is working on the 3D topology. The company has already registered the technical monograph of Light Field Merging (LFM).

Speed and low cost make the 1:1 actual body replica 3D hyper-realistic digital human have higher commercial feasibility. Spacetimecaps also supports the conversion of 3D digital content into NFT collection digital certificates with non-copyable, unique hash value and tamper-proof through smart contracts, and finally realizes decentralized transactions through blockchain technology.

In terms of business model, the current profit of Spacetimecaps comes from the cost of producing digital and NFT transactions. The production price of each model ranges from thousands of CNY to hundreds of thousands of CNY, and the gross profit rate can reach more than 50%. When customers trade 3D hyper-realistic digital humans on the platform as consumer goods, industrial products, or investment products, the platform will charge a 15-20% commission.

The company’s competitors include Baidu AI Cloud (Chinese: 百度智能云), SenseTime (Chinese: 商汤科技), Ali Cloud (Chinese: 阿里云), Soul Machines.