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TOKYO, Jan. 07, 2024 (GLOBE NEWSWIRE) — Coming off a robust monetary 12 months the place revenues climbed to $25 million, SUZUVERSE, a frontrunner within the blended actuality metaverse, is thrilled to announce the launch of main updates to its cell app model 2.0.5. The corporate is forecasting continued progress, with complete gross sales anticipated to achieve $280 million in 2024. Extra conservative inside targets nonetheless predict important beneficial properties, with complete gross sales projected to hit $215 million subsequent fiscal 12 months.
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This newest app replace focuses on two key options – the first celeb AI on CheerCast and an in-app web3 pockets. These updates mirror SUZUVERSE’s dedication to combating worldwide loneliness, aligning with its imaginative and prescient of social, psychological, and financial freedom.
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CheerCast, an AI avatar chat and video name function on the SUZUVERSE cell app, permits customers to speak with AI-powered AI characters, offering companionship and inspiration. SUZUVERSE has partnered with its first real-life Japanese actress to license her likeness for his or her first celeb AI avatar, which customers can interact in conversations with.
“We’re honored to work with a widely known idol in Japan to create her AI avatar on our platform. This partnership helps unfold consciousness of our objective to fight loneliness by uplifting conversations,” stated Ryoji Miyauchi, founding father of SUZUVERSE. “Our first celeb AI avatar, with its superior and nonetheless evolving AI lip sync know-how and dynamic day and evening video interactions, showcases the facility of our proprietary AI know-how in delivering customized and pleasurable conversations.”
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The in-app web3 pockets simplifies entry to SUZUVERSE’s governance token, SGT, enabling seamless integration between web3 and web2. Customers can now commerce, swap, and handle SGT straight inside the SUZUVERSE app with out leaving the app. It initially helps Suzuverse Governance Token (SGT), Ethereum (ETH), and Tether (USDT), with the choice of including extra tokens later based mostly on neighborhood suggestions and desires.
“We wish to make interacting with web3 as straightforward as potential. An in-app pockets removes friction and permits mainstream customers to have simpler entry to our governance token for decentralized governance,” stated Miyauchi. “It additionally improves loyalty by connecting web2 options to our web3 token financial system.”
Alongside these new options, 2024 will see a robust push in direction of:
- Increasing the affiliate community,
- Growing AI product choices,
- Ramping up digital advertising and
- Focusing on entry into North America and China.
SUZUVERSE has witnessed super progress in 2023, with over 38,000 customers principally from Japan. That is coupled with superb monetary progress in 2023, with revenues climbing to $8.9 million from September to November and December displaying an excellent efficiency of greater than $4.1 million, leading to a yearly income of greater than $25 million (¥ 3.32 billion).
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“Our monetary progress and these newest app updates display our deep dedication to addressing loneliness globally,” stated Miyauchi. “We are going to proceed efforts to bridge digital and actual world engagement by revolutionary blended actuality experiences to attain our total mission of social, psychological, and financial freedom.”
Aside from the celeb AI avatars and in-app web3 pockets, the model 2.0 app replace additionally introduces an AI-powered private secretary and English instructor to help customers in day by day duties and studying. SUZUVERSE plans to repeatedly enhance its blended actuality metaverse with extra interactive options that bridge digital and real-world engagement.
For extra details about SUZUVERSE’s continued efforts to revolutionize the metaverse, please go to SUZUVERSE’s web site.
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About CheerCast:
CheerCast, a product of SUZUVERSE, revolutionizes AI interplay by providing emotionally clever AI avatars designed for various relational dynamics that cater to particular person preferences, offering companionship and help. CheerCast’s purpose is to fight loneliness and promote holistic wellness, resonating with SUZUVERSE’s mission for freedom within the metaverse. To study extra, go to the CheerCast help web page.
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About SUZUVERSE:
Based in 2022 by Ryoji Miyauchi, SUZUVERSE integrates superior AI know-how and blockchain in its blended actuality metaverse. SUZUVERSE addresses challenges like loneliness, and holistic well-being with CheerCast and Suzuwalk, advocating a decentralized strategy for true freedom—socially, spiritually, and economically. Uncover extra at https://go.suzuverse.com/linktree.
Media Contact:
For extra details about SUZUVERSE, please contact Angeline “Chii” Viray (Investor Relations) by way of electronic mail (ir@suzuverse.com) or on WhatsApp (+639608994989).
Pictures accompanying this announcement can be found at
https://www.globenewswire.com/NewsRoom/AttachmentNg/4a086c3c-ffff-47af-b7dc-d05134ed0cda
https://www.globenewswire.com/NewsRoom/AttachmentNg/45cf8c3b-c304-45ba-85db-4276efeaff53
https://www.globenewswire.com/NewsRoom/AttachmentNg/6c941e0f-468b-4cf9-8430-5dddc08fa580
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