VIBEHub settles into new production facility ahead of scheduleAs our team announced yesterday we have closed a Multi-Million dollar agreement with 8i. This agreement represents the core foundation of our business model. The ability to capture holograms day in and day out is vital to our long term longevity. With this agreement now in place, VIBEHub has the studio and technology to create content that will change industries while enhancing entertainment in every home around the globe.
Our team will be sharing office space with 8i in their beautiful facility located in Venice, California. VIBEHub has access to conference rooms, outdoor working areas, office space for our team and of course one of the few hologram production facilities on the planet. This is a modern state of the art facility covering over 10,000 square feet.
Our team will be operating out of this facility for the next 18 months. After the 18 month tenure has been completed, our team will own the hologram production facility and will then take the production facility to a new office. In the mean time VIBEHub will be working closely with the 8i team. While 8i focuses on the research and development of this technology, VIBEHub will focus on capturing amazing performances that will increase user adoption in this space.
VIBEHub’s goal is to complete one hundred captures throughout 2018. These captures will range from artists, educators, public figures, comedians and many other various forms of talent. Prior to this agreement, utilizing this facility had an average cost of several thousand dollars per minute of capture time. In order to expand and continue to grow, obtaining this hologram production facility at 8i was imperative.
8i is a company that has been actively researching and developing technology for the past four years. With offices in Los Angeles, Seattle and New Zealand they are a company with a global presence. 8i has established themseleves as the leading innovator for utilizing volumetric video technology, having received funding from some of the biggest VC groups in the world.
Our team is extremely thrilled to have the support from the 8i development team and will obtain cutting edge advancements in volumetric video technology provided by the 8i research team.
We would like to thank our entire community for being patient with us over the last month. At the heart of every crypto is a community and we don’t take that for granted. Our entire team eats, sleeps and breathes VIBEHub and shares the ultimate goal of changing the future of our reality.
https://medium.com/@VIBEHUBNEWS/vibehub-settles-into-new-production-facility-ahead-of-schedule-cdecb1e63cff
