AlphaGen Intelligence Corp. Announces Its Production of the World’s Largest Immersive Beauty Brand Platform, Built on top of Blockchain Technology

VANCOUVER, British Columbia, April 01, 2024 (GLOBE NEWSWIRE) -- AlphaGen Intelligence Corp. (CSE: AIC | OTC: APETF | FSE: W4V) (“AlphaGen” or the “Company”), a leader in AI technology for 3D entertainment, ecommerce, and content is excited to announce the beta launch of the world’s largest virtual beauty metropolis. This marks a significant milestone in AlphaGen’s journey, following the multi-million dollar contract with a major retail client beginning in 2023.

The virtual beauty metropolis elevates ecommerce experiences by offering an immersive platform for brands that bridges the gap between virtual and physical beauty retail. AlphaGen's approach to creating virtual worlds underscores the company's leadership in capitalizing on the Metaverse opportunity, which Citibank projects could be worth up to $13 trillion by 2030.

“This initiative represents our largest and most ambitious project to date, and it has been an incredible journey of learning and innovation,” said Alex Chuang, Co-founder of Shape Immersive, a division of AlphaGen responsible for bringing this project to life. He continued, “We are already seeing demand from other enterprise clients that are looking to invest in the seven-figure range. The success of this beta launch is not just a testament to Shape’s creative and technological capabilities but also demonstrates our ability to adapt and scale to our clients’ needs. With our network of 3D and AI professionals, we continue to be a strong partner for large-scale, gamified brand experience rollouts for enterprises looking to engage GenZ and gaming oriented audiences.”

Jonathan Anastas, Chairman of the Board of AlphaGen Intelligence Corp., commented, “This was a significant achievement for AlphaGen and I couldn’t be more proud of the work that we accomplished with this major retail client. The success of our work sets the stage for us to sustain our momentum and pursue additional substantial projects with renowned clients. Given our established track record and unwavering commitment to excellence, I am confident that we will persist in delivering exceptional results and surpassing expectations across all our projects.”

Blockchain-based Infrastructure

The beauty metropolis is built on the Polygon blockchain, the beauty metaverse is a web3 extension of the one of the world’s top brands’ loyalty program. Blockchain-based integration allows for the interoperability of digital collectables and opens up options for web3 expansion and integration of loyalty programs from a number of participating brands, increasing the value of collections and transactions across the system.