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eXp World Holdings Expands Its Metaverse Offerings

Home Best Practices
By RISMedia Staff
June 28, 2022
Reading Time: 2 mins read
eXp World Holdings Expands Its Metaverse Offerings

eXp World Holdings, Inc. has released several new updates to its portfolio of metaverse offerings, which includes Virbela® and Frame™. The company is building an ecosystem of immersive technologies and virtual worlds that aim to redefine the modern workplace, eXp said.

“As we head into shifting markets, we anticipate companies will be even more mindful of overhead and travel costs to seek greater efficiencies,” said Glenn Sanford, founder, chairman and CEO of eXp World Holdings. “Metaverse platforms like Virbela and Frame have the power to help organizations fill that gap and solve today’s biggest workplace challenges, while setting them up for future sustainability and growth.”

eXp says Virbela and Frame provide organizations with a virtual environment to operate and create new workflows, extending the power of their physical operations, while building strong workplace culture and community. As an early adopter, eXp Realty has grown to over 82,000 agents and employees, expanded to 21 international markets, and is ten times more efficient than its peers in terms of operating costs since going fully remote and implementing Virbela back in 2016, they said.

New from Virbela
Virbela’s enterprise metaverse platform empowers companies to create experiences that foster collaboration and build community for thousands of users—including recruiting, learning and development programs, company meetings, team offsites, industry events and more.

The Virbela team recently launched a newly designed virtual campus, which offers expansive spaces for collaboration, learning and building community. Created to look and feel like a modern city, it’s the most advanced enterprise metaverse available for remote work today, eXp said. A new diverse avatar system and integration with Zoom will begin rolling out later this year.

New from Frame
Frame continues to push the limits of what can be done in virtual spaces right from a browser across desktop, mobile, and VR, eXp noted. Frame recently announced support for 150 simultaneous users, an integration with Ready Player Me avatars, and several new meeting environments. There’s also a new “Connections” feature that lets you make connections with other people and then easily find them in the metaverse, they said.

To expand access to Frame from within existing enterprise collaboration tools, Frame recently launched the Frame app for the Microsoft Teams App Store, and last month, was showcased at Microsoft Build.

“The way we work has changed. We’re no longer tied to a desk or physical office, and with greater flexibility to work remotely, organizations are seeking new ways to build stronger working relationships that increase productivity, improve employee wellness, while attracting and retaining the best talent,” said Alex Howland, president and co-founder of Virbela. “We believe the metaverse presents a tremendous opportunity to transform the workplace and we’ll continue to innovate and push the boundaries to help organizations evolve how great work gets done.”

For more information, visit https://expworldholdings.com.

Tags: eXp RealtyeXp World HoldingsFrameMetaverseVirbela
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