ViLab Signs MOU with Squid Game Special Effects Creator to Develop Metaverse Technology

HONG KONG SAR – Media
OutReach – 30 November 2021 – ViLab Limited., a
Hong-Kong based metaverse service and technology provider, is pleased to
announce that it has signed a Memorandum
of Understanding (MOU) with Gulliver Studios, the creator behind the visual
effects of “Squid Game,” to jointly develop technology that can be used for
creating and maintaining virtual identity and other background features in the
metaverse.

Since its founding,
ViLab and its partners have been developing and upgrading virtual human and
background technologies such as face-shifting, lip synchronization and voice
cloning. These, along with its future work with Gulliver, can be applied and
used in multiple platforms in the metaverse, including BetterAreana, a ViLab-built
space in the metaverse that hosts virtual idol concerts and other activities.

Under the MOU, ViLab
and Korea-based Gulliver will explore collaboration in three areas: to develop
three-dimensional web and mobile applications; to create computer-generated
imagery (CGI) rendered concrete hosting in ViLab’s BetterArena, for background
and stage effect and other projects; to create and maintain virtual idols. The
partnership will be another major milestone for ViLab. Going forward, the
company will collaborate with its partners to build more applications for 3D animated
avatars, or digital identities, for the metaverse.

Metaverse is a shared virtual space where people can gather to interact and
collaborate at any place and through any device. It has been called “the next
frontier” of the internet by a number of tech moguls.

“One of ViLab’s main goals has
been to develop virtual identities technology that can be adopted across all
metaverse platforms,” said Ginny Q, Co-founder of ViLab: “We are excited about
teaming up with Gulliver Studios, one of the hottest names in visual effects
globally. By combining our capability and experience in synthetic media
technologies with their expertise in CGI, we are moving another step towards
realizing our vision.”