Executive Summary

New online worlds are becoming part of our daily lives as we move forward in the digital transformation era. In 2020 we offered our Livaat Application to thousands of customers that have loved the product. The story is getting a new chapter as we introduce LivaatVerse, a digital space that blends the best of digital and physical experiences. People are spending increasingly more time in virtual worlds, for both leisure and work. This occurs predominantly in 2D interfaces such as the web and mobile phones. But a traversable 3D world adds an immersive component as well as adjacency to other content, enabling physical clusters of communities. We share what we imagine is possible. The experiences you will have, the creative economy we will all build, and the technology that needs to be invented as well as how we are going to all do this together. The basic story of c in our lifetimes is that it’s given us the power to express ourselves and experience the world with ever greater richness. The Metaverse is the bridge between physical and virtual worlds within the decentralized and open source virtual world. Cryptographic protocols will emerge for managing digital value, for example, digital art, real estate & advertising space LivaatVerse is the main project of Livaat Portal L.L.C., a subsidiary of UBITC Group. The different UBITC subsidiaries cover a comprehensive view of the production technology industry with companies like UB Tech Hub (Ultra Business Technology Hub) for application development and digital foundation, Kawalees for content management and media production, and Trixel Studios for creative 3d output. This document lays out the philosophical concept, technical foundations, and economic infrastructure of LivaatVerse.