Toggle3D.AI Unveils New AI-Powered 3D Model Marketplace With 200,000+ 3D Models and Meshes Enhancing the Platforms Revenue Opportunity & User Experience

Rhea-AI Summary

Toggle3D.ai announced the launch of a new AI-powered 3D Model Marketplace featuring over 200,000 models priced between $20 and $95 each. Developed by Nextech3D.ai, these models have generated over $3 million in revenue with a 30% royalty on sales. The platform leverages AI to transform CAD files into high-resolution textures, enabling the creation of 2K, 4K, and 8K renders. Users can purchase and customize models, offering millions of unique combinations. Additionally, the introduction of a content management system (CAM) for 3D files is expected to enhance revenue growth.

Positive

• Launch of a 3D Model Marketplace with over 200,000 models.
• Models priced between $20 and $95 each.
• Models developed by Nextech3D.ai have generated over $3 million in revenue.
• 30% royalty on sales, enhancing revenue potential.
• AI-powered features for transforming CAD files into high-resolution textures.
• Creation of 2K, 4K, and 8K renders.
• Millions of unique model customization options available.
• Introduction of the Content Management System (CAM) for 3D files.

Negative

• No specific financial projections or guarantees of revenue increase.
• Potential market saturation with over 200,000 models.
• High royalty fee may deter some users.

TORONTO, ON / ACCESSWIRE / May 16, 2024 / Toggle3D.ai (the "Company") (CSE:TGGL)(OTCQB:TGGLF)(FSE:Q0C), a pioneer in AI technology, is thrilled to announce the introduction of new AI-powered features that enhance the platform's revenue-generating capabilities. These innovations leverage generative AI to transform CAD files into stunning 4K textured visuals and enable the publishing of superior 2K, 4K, and 8K renders from 3D models.

3D Renders from 3D Models

A significant enhancement to our platform is the launch of our 3D model marketplace, featuring over 200,000 models priced between $20 and $95 per model. These models, including meshes and parts, have been developed by Nextech3D.ai (OTCQX:NEXCF)(CSE:NTAR) over several years, generating millions in revenue. Through the Toggle3D.ai marketplace, Nextech3D.ai aims to drive further revenue by imposing a 30% royalty on sales.

Toggle3D.ai empowers users to purchase models as-is or customize them by altering colors and textures using our advanced generative AI texturing tools. This capability creates millions of unique combinations, offering limitless potential and significant revenue opportunities for both companies.

3D Model Marketplace Announcement:

We are excited to unveil our new 3D Model Marketplace, a dynamic collaboration between Nextech3D.ai and Toggle3D.ai. This marketplace draws from Nextech3D.ai's extensive library of over 200,000 photorealistic, ecommerce-ready 3D models and quad meshes, and is enhanced by the sophisticated AI Mesh search capabilities of Toggle3D.ai. With a proven track record, Nextech3D.ai has already generated over $3 million in revenue from these models while maintaining ownership rights. The integration of AI-driven search and advanced texturing technologies from Toggle3D.ai now allows us to offer these models for repeated sales, opening up significant revenue opportunities.

3D Cloud (Dynamic Content Management System - CAM):

In addition to the marketplace, we are proud to introduce our advanced Content Management System (CAM), tailored specifically for managing complex 3D files. This state-of-the-art system facilitates the seamless storage, management, distribution, and sharing of 3D assets across our platform. We believe this represents another substantial avenue for revenue growth.

The launch of these AI-enhanced capabilities underscores Toggle3D.AI's commitment to providing cutting-edge tools that empower our users with unmatched creativity and productivity. We invite both individuals and enterprises to join us on this transformative journey, as we continue to push the boundaries of 3D content creation and management.

Recent Toggle3D.ai News

• Toggle3D.ai Announces its Groundbreaking AI Textures Increases Productivity by 100% In 3D Model Production For Ecommerce
• Toggle3D.ai Reports 75% Usage Growth in Q4, New Release With AI Search Engine Integration Set for Q1
• Toggle3D.ai Grows Userbase by 70% and Unveils Groundbreaking AI Tool Transforming Doodles into 3D Models
• Toggle3D.ai's AI Lab Announces Breakthrough With Generative AI Photo Rendering

About Toggle3D.ai

Toggle3D.ai (CSE:TGGL)(OTCQB:TGGLF)(FSE:Q0C) is a groundbreaking SaaS solution that utilizes generative AI to convert CAD files, apply stunning 4K texturing, and enable seamless publishing of superior 4K 3D models, serving various industries within the $160 billion CGI market. With its Augmented Reality-based rapid prototyping web app, Toggle3D empowers designers, artists, marketers, and eCommerce owners to effortlessly convert, texture, customize, and publish high-quality 3D models and experiences, regardless of technical or 3D design expertise.

Toggle3D.ai Investor Relations
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LinkedIn: https://www.linkedin.com/company/toggle3d-ai/
Twitter: https://twitter.com/Toggle3Dai

For further information, please contact:

Investor Relations Contact
Julia Viola
investor.relations@toggle3D.ai

Toggle3D.ai
Hareesh Achi
CEO and Director
866-ARITIZE (274-8493)

Forward-looking Statements

The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Certain information contained herein may constitute "forward-looking information" under Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as, "will be" or variations of such words and phrases or statements that certain actions, events or results "will" occur. Forward-looking statements regarding the completion of the transaction are subject to known and unknown risks, uncertainties and other factors. There can be no assurance that such statements will prove to be accurate, as future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Nextech will not update any forward-looking statements or forward-looking information that are incorporated by reference herein, except as required by applicable securities laws.

SOURCE: Toggle3D.AI Inc.

View the original press release on accesswire.com

FAQ

What is Toggle3D.ai’s new 3D Model Marketplace?

Toggle3D.ai has launched a 3D Model Marketplace featuring over 200,000 models priced between $20 and $95.

How many 3D models are available on Toggle3D.ai's new marketplace?

The new marketplace features over 200,000 models.

What is the price range for 3D models on Toggle3D.ai's marketplace?

Models are priced between $20 and $95 each.

How much revenue has Nextech3D.ai generated from these 3D models?

Nextech3D.ai has generated over $3 million in revenue from these models.

What is the royalty fee imposed by Toggle3D.ai on sales?

Toggle3D.ai imposes a 30% royalty on sales.

What new features does Toggle3D.ai offer for 3D models?

Toggle3D.ai offers AI-based transformation of CAD files into 2K, 4K, and 8K renders and advanced texturing tools.

What is the purpose of the Content Management System (CAM) introduced by Toggle3D.ai?

The CAM is designed for the seamless storage, management, distribution, and sharing of 3D assets.