Technology

Nextech3D.ai Branches Into Jewelry Industry with Advanced 3D Models, Blockchain, and NFTs

Published March 14, 2024

Nextech3D.ai, known for supplying generative AI-powered 3D models to renowned brands and e-commerce platforms, announces the creation of a new business unit focused on revolutionizing the jewelry industry. Headed by Hareesh Achi, a former executive at META and Microsoft, this initiative will utilize the sophisticated GPT AI CAD to 3D texturing technology from Toggle3D.ai, a spin-off of Nextech3D.ai.

Innovative 3D Modeling for Jewelry

Toggle3D.ai's platform transforms jewelry CAD files into high-quality 4K 3D models, enhancing them with realistic textures of various gold finishes. To complement this, an AI-powered photography studio produces lifelike images for online presentation, readying the modeled jewelry for the web. This technology suite is aimed at licensing to global manufacturers.

Strategic Licensing and Profitability

Nextech3D.ai is set to break down cost barriers in 3D modeling, offering top-notch models at a fraction of traditional prices, thereby aiming to scale up their market reach and ensuring a profitable venture.

Blockchain and NFT Integration in Jewelry

The company is pioneering the integration of 3D models with blockchain and NFTs to authenticate, prove ownership, and enhance the desirability of jewelry items. The combination of these technologies promises to usher in a new era of digital innovation in the jewelry sector, targeting modern consumers and creating new revenue streams.

Addressing Modern Consumer Needs

3D modeling technology enhances customer involvement and buying confidence, especially in the online shopping sphere. The application of blockchain ensures the authenticity and ethical sourcing of jewelry, while NFTs provide ownership of both physical and digital jewelry items, thereby enhancing their value and exclusivity.

The integration of these three technologies is also seen as a step towards sustainability, addressing environmental and ethical concerns by reducing the need for physical materials through digital representations.

Shares for Services Program

Nextech3D.ai is renewing its share purchase warrant program as a strategic move to manage its cash flow and possibly eliminate the need for capital raising for payroll. This approach involves issuing warrants to service providers in lieu of traditional payment methods.

Embracing Digital Transformation

With a firm belief in the potential of 3D modeling and NFTs, Nextech3D.ai aims to set new standards in the jewelry industry. The synergy between these digital tools is expected to enrich the customer experience, boost brand loyalty, and open the door to new digital marketplaces and ecosystems.

Nextech3D.ai's Broader Vision

The company's progressive strategy includes developing disruptive AI technologies and spinning them out as independent public companies. This not only creates value for shareholders but also maintains significant ownership within the spun-out entities, such as ARway and Toggle3D.ai, bolstering Nextech3D.ai's market position.

Nextech3D.ai, jewelry, 3Dmodeling, blockchain, NFTs