NextNav, Widow Games Bring First-Ever 3D Geolocation Authentication to the Metaverse

Rhea-AI Summary

NextNav (Nasdaq: NN) has announced a partnership with Widow Games to integrate its 3D geolocation technology into the gaming landscape. This collaboration will enhance virtual experiences by validating user locations and authenticating transactions in the metaverse. NextNav Pinnacle will be incorporated into Widow Games' title, Geopoly, allowing for real-world linked digital interactions. This move builds on NextNav's previous partnerships, aiming to close the gap between physical and virtual environments, thus broadening its market reach and application capabilities.

Positive

• Strategic partnership with Widow Games enhances NextNav's market presence.
• Integration of 3D geolocation can lead to improved user engagement in virtual gaming.
• NextNav Pinnacle will validate user locations, reducing in-game cheating.
• Supports NextNav's ongoing development in the gaming and application sectors.

Negative

• None.

Vertical location will be used to validate the location of users, verify access to virtual events and giveaways, and catalog ownership of virtual assets including NFTs

SUNNYVALE, Calif., April 27, 2022 (GLOBE NEWSWIRE) -- NextNav (Nasdaq: NN), a leader in next generation GPS, has partnered with Widow Games, a gaming development company closing the gap between the physical and the digital worlds. Through the partnership, Widow Games will bring NextNav’s 3D geolocation capabilities to their applications, enabling more immersive virtual experiences tied to the real environments of users, and leveraging location verification to validate transactions and interactions in the metaverse.

“3D geolocation technology is foundational to building the metaverse,” said Dan Hight, VP of Business Development and Partnerships at NextNav. “Not only will it power in-game experiences, but it will also serve as a crucial authenticator of location-based activities, like exclusive exhibitions, NFT scavenger hunts, and virtual land transactions. 3D geolocation is critical in bringing our real and virtual worlds together, and with Widow Games, we’re one step closer to closing that gap.”

NextNav Pinnacle will be integrated into Widow Games’ marquee title, Geopoly, a mobile game that couples buying, upgrading, and selling digital properties tied to the real world with real-time, live virtual events. NextNav Pinnacle will validate the geolocation – including the vertical dimension and timestamp – of users to authenticate attendance, verify transactions, and prevent in-game location-based spoofing. Through geofencing and geolocation, the positioning of specific users in the real world will enable location-based virtual experiences and rewards, authenticate users’ presence at virtual events, and facilitate interactions with other users in the same location.

“With Geopoly, we built a foundation that utilizes both on and off-chain to deliver immersive experiences no matter where users are,” said Martin Spinetto, CEO of Widow Games. “NextNav’s technology enables us to further immerse our users in the worlds around them – both real and virtual – and enable first-of-their-kind capabilities in the metaverse.”

The partnership builds on NextNav’s extensive activity within the gaming and application development community to bring location data to virtual worlds. Earlier this year, NextNav announced a partnership with echo3D to bring vertical location to their platform. Last year, NextNav Pinnacle was awarded Unity Verified Solution status and launched its NextNav Pinnacle SDK for the Unreal Engine after being awarded an Epic Megagrant, arming millions of cross-platform developers with the capability to bring 3D geolocation to their creations.

Source: NN-FIN

About NextNav
NextNav (Nasdaq: NN) is a leader in next generation GPS, enabling a whole new ecosystem of applications and services that rely upon vertical location and resilient geolocation technology. The company’s Pinnacle network delivers highly accurate vertical positioning to transform location services, reflect the 3D world around us, and support innovative, new capabilities. NextNav’s TerraPoiNT network delivers accurate, reliable, and resilient positioning, navigation and timing (PNT) services to support critical infrastructure and other GPS-reliant systems in the absence or failure of GPS.

About Widow Games
Widow Games is a video game development company specialized in closing the gap between the physical and the digital entertainment worlds. Founded by former Microsoft´s Marcom Director for Latam, the company has developed more than 15 mobile and web games with more than 1.5 million users. Widow Games are a member of the 2019 Global Google Indie Games Accelerator. Widow Games has also been one of the first gaming companies to merge mobile gaming innovations like AR and geolocation, with blockchain benefits. The team is based in Buenos Aires.

NextNav Media Contact
Mahmood Abu-Rubieh
LaunchSquad for NextNav
NextNav@launchsquad.com

FAQ

What is NextNav's recent partnership about?

NextNav partnered with Widow Games to integrate its 3D geolocation technology into gaming applications for enhanced virtual experiences.

How will the partnership with Widow Games affect NextNav's stock performance?

The partnership aims to enhance user engagement and broaden NextNav's application capabilities, which could positively influence its stock performance.

What is the role of NextNav Pinnacle in the Geopoly game?

NextNav Pinnacle will authenticate user locations in Geopoly, linking real-world interactions to virtual gaming.

When was this partnership announced?

The partnership between NextNav and Widow Games was announced on April 27, 2022.