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Cyrus Watches and Patoro Partner with MetaMinds for Immersive Augmented Reality Experience at Luxury Innovation Summit

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Cyrus Watches and Patoro Partner with MetaMinds for Immersive Augmented Reality Experience at Luxury Innovation Summit
Business

Business

Cyrus Watches and Patoro Partner with MetaMinds for Immersive Augmented Reality Experience at Luxury Innovation Summit

2024-09-30 20:28 Last Updated At:20:45

Digital Twins of Cigar and Watch Brand Will Be Presented
on October 1-2 in Geneva, Switzerland

GENEVA, Switzerland, Sept. 30, 2024 /PRNewswire/ -- MetaMinds, a metaverse and spatialweb technology company an entity within Zilliqa Group, is excited to announce its partnership with Cyrus Watches Genève and Patoro Cigars to create a unique augmented reality (AR) experience at the Luxury Innovation Summit. The event is the 6th annual gathering by Luxury Venture Group that showcases the latest trends and technologies in the luxury industry, taking place on October 1-2 in Geneva, Switzerland. It attracts C-level executives and leadership of international brands including LVMH, Kering, Chalhoub Group, etc.

This collaboration positions MetaMinds as the technology partner and leader in creating engaging and interactive experiences that enhance brand visibility and unlocks new ways of customer acquisition, especially appealing to brands entering the 'engagement economy' and targeting Gen Z audiences.

In 2024, the revenue in the cigars market worldwide so far amounts to US $23.4 bn with a projected CAGR of 4.12% from 2024 to 2029. It generated the highest revenue of US $13,330 mln in the United States this year when compared globally. The total luxury goods market has declined by 1-3% according to a study by Bain and Company causing the transformation that prioritizes experiences, emotional connections, and personalization, aligning with the needs and desires of modern consumers.

"The luxury industry is facing a profound shift, and we are excited to work with Cyrus Watches and Patoro Cigars, pioneers in embracing the innovative approach required to address declining customer demand. Moreover, luxury continues to evolve and is transforming into a lifestyle, rather than a mere product. We at MetaMinds aim to close this gap for luxury brands and help them tap into the 'experience economy' through technological means such as bespoke virtual worlds and spatialweb XR pillars by creating the virtual user interface for a web3 integrated CX (customer experience) journey," - mentioned Sandra Helou, CEO and Co-Founder of MetaMinds Group.

The AR experience designed aims to reflect the craftsmanship required for both the watch and cigar industries by creating new means of engagement for the growing markets and helping brands transition into experiences and the production of digital twins for education and phygital ROI purposes. This occurs through integrating gamification elements, creating crafted digital assets and facilitating user-generated content (UGC) to promote the luxury brands products through immersive experiences.

"Attendees will be able to explore exquisite digital representations of Cyrus Watches, featuring customizable colourways, and Patoro Cigars with the ability to understand more about the industry. Our vision is the "Conquest of innovation and this is the first step in embracing spatialweb technology addressing the market changes and requirements of consumer behavior," - shared Cyrus Watches and Patoro Cigars Owner, Dr. Pablo Richard.

"We are thrilled to welcome Zilliqa Group, a web3 venture builder which MetaMinds is an entity of, for a consecutive year at our event along with LVMH, Richemont, Chalhoub Group, Kering and others. What makes the Luxury Innovation Summit unique this year is the collaboration between MetaMinds and Cyrus and Patoro that will create an immersive and unforgettable experience for our audience and a vision that we want to carry forward across our Luxury Venture Group portfolio and grow," - said Deependra Pandey, CEO of Luxury Venture Group.

The wider public not in attendance will have a chance to experience the AR products post-event available on the MetaMinds platform. Specifically, Klepcys Dice and Klepcys GMT Retrograde collections of Cyrus Watches and Patoro Gran Añejo Reserva and Patoro Brasil Cigars.

About Metaminds Group:

Established in 2022 with headquarters in the United Arab Emirates, Dubai - MetaMinds is an award-winning 'Metaverse as a Service' and spatialweb (XR) technology company. Providing & developing the infrastructure required for immersive 3D experiences and bespoke virtual worlds (MaaS), spatialweb XR (AR/VR/MR), and ROI-generating engagement models helping brands tap into the 'Experience Economy'. Their focus is on providing an end-to-end virtual world and spatialweb platform accessible through a web browser/mobile and VR and the necessary infrastructure and ecosystem toolsets.

MetaMinds is a member of Zilliqa Group, a web3 venture builder which owns and operates Zilliqa Technology a world-leading Layer 1 from Singapore known for its fast, scalable and secure network within the industry.

Connect with Metaminds Group:

Website | YouTube | LinkedIn | Email

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

Cyrus Watches and Patoro Partner with MetaMinds for Immersive Augmented Reality Experience at Luxury Innovation Summit

Cyrus Watches and Patoro Partner with MetaMinds for Immersive Augmented Reality Experience at Luxury Innovation Summit

Next Article

Fourier Unveils the Next-Generation Humanoid Robot GR-2

2024-09-30 20:30 Last Updated At:20:45

SHANGHAI, Sept. 30, 2024 /PRNewswire/ -- Fourier, the Shanghai-based robotics company, announces the launch of GR-2, the latest addition to its GRx humanoid robot series. With remarkable upgrades across hardware, design, and software, GR-2 marks a new milestone in the field of humanoid robotics.

Next-Level Hardware Design

GR-2 builds upon the success of its predecessor, GR-1 — the world's first mass-produced humanoid robot. Standing at 175 cm and weighing 63 kg, GR-2 offers 53 degrees of freedom and a single-arm load capacity of 3 kg, enabling it to tackle more complex tasks.

The new robot features a detachable battery with the capacity doubled, extending runtime by an hour. This upgrade boosts GR-2's adaptability, making it capable of handling a broader range of challenges, such as long-distance walking.

Engineering Breakthroughs for Developers

GR-2 features integrated cabling design for power and communication transmission, allowing concealed wires and more compact packaging. The efficient layout optimizes space for easier modularization and greater adaptiveness for application-oriented customization.

To simplify the control system and reduce maintenance, Fourier re-designed GR-2's joint configuration, shifting from a parallel to a serial structure. It improves debugging, lowers manufacturing costs, and enhances the robot's ability to rapidly learn and transition from AI simulation to real-world applications.

12-Degrees-of-Freedom Dexterous Hands: Precision in Motion

GR-2 introduces 12-DoF dexterous hands—double the dexterity of previous models. Designed to mirror the flexibility of human physiology, these hands adapt seamlessly to complex tasks with greater precision.

Equipped with six array-type tactile sensors, GR-2 can sense force, identify object shapes and materials, and adjust its grip in real time for optimal manipulation in dynamic settings.

Supporting multiple upper-limb teaching modes—VR remote control, lead-through programming, and direct command—GR-2 can record a comprehensive set of operational data, from motion paths to tactile responses. The robust data collection expects to bridge the gap between virtual models and real-world applications, pushing the boundaries of robot training and deployment further.

FSA 2.0: Powering Dynamic Mobility

Fourier breaks new ground in humanoid robotics by incorporating human-like motion into GR-2's design. To optimize its movement, the company developed seven distinct FSA actuators for GR-2, each tailored to meet the specific torque demands of every joint.

With peak torques exceeding 380 N.m, FSA 2.0 boosts GR-2's agility and dynamic capabilities. The dual-encoder system doubles control accuracy, ensuring precise movements even in high-pressure environments. Designed for both speed and precision, FSA 2.0 empowers GR-2 to navigate complex tasks with greater flexibility.

Optimized Tools for Innovative Development

Fourier prioritizes the developer's experience. The company optimized GR-2's development platform by introducing a new software development kit compatible with mainstream programming languages such as ROS. Developers can have easy access to a robust suite of pre-optimized modules for machine vision, path planning, and force feedback control through intuitive APIs. 

Supporting frameworks such as NVIDIA Isaac Lab and Mujoco, the new platform empowers developers to focus on innovation, streamlining their workflow and elevating the robotics development experience.

"GR-2 is a big step into the future of humanoid robotics," said Alex Gu, CEO of Fourier. "We're passionate about building the most intuitive embodied agent for AI, allowing it to engage with the physical world in ways like never before. Fourier is excited to have developers, researchers, and enterprises join us on this incredible journey."

Fourier GRx series sets new standards in humanoid robotics with its emphasis on AI integration. In view of the future evolution of humanoid robot entities, the company outlines six key areas for development—locomotion, manipulation, cognition, bionic design, user experience, and commercial viability. The launch of GR-2 marks a new step toward future breakthroughs in human-robot collaboration.

About Fourier

Founded in 2015, Fourier is a leading general-purpose robotics company. At Fourier, our mission is to leverage full-stack robotics technology to enrich people's lives. We're headquartered in Shanghai, China with a team of over 500 employees globally. For more information about Fourier, please visit: www.fftai.com.  

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

Fourier Unveils the Next-Generation Humanoid Robot GR-2

Fourier Unveils the Next-Generation Humanoid Robot GR-2

Fourier Unveils the Next-Generation Humanoid Robot GR-2

Fourier Unveils the Next-Generation Humanoid Robot GR-2

Fourier Unveils the Next-Generation Humanoid Robot GR-2

Fourier Unveils the Next-Generation Humanoid Robot GR-2

Fourier Unveils the Next-Generation Humanoid Robot GR-2

Fourier Unveils the Next-Generation Humanoid Robot GR-2

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