{"id":1217419,"date":"2025-02-25T13:26:59","date_gmt":"2025-02-25T13:26:59","guid":{"rendered":"https:\/\/celebrity.land\/pt\/?p=1217419"},"modified":"2025-02-25T13:26:59","modified_gmt":"2025-02-25T13:26:59","slug":"imaginear-secures-10m-contract-for-immersive-entertainment-center-in-tourism-hotspot","status":"publish","type":"post","link":"https:\/\/celebrity.land\/pt\/imaginear-secures-10m-contract-for-immersive-entertainment-center-in-tourism-hotspot\/","title":{"rendered":"ImagineAR Secures $10M Contract for Immersive Entertainment Center in Tourism Hotspot"},"content":{"rendered":"\n<figure><\/figure>\n<\/p>\n<div id=\"\">&#013;<br \/>\n    &#013;<br \/>\n&#013;<br \/>\n    &#013;<br \/>\n&#013;<\/p>\n<div class=\"article-rhea-tools\">\n<div class=\"news-card-body\">\n<div class=\"news-card-summary mb-2\">\n<div id=\"summary\" lang=\"en\">\n<p><b>ImagineAR<\/b> (CSE: IP) (OTCQB: <b>IPNFF<\/b>) announced that its subsidiary <b>FameDays<\/b> has secured a <b>$10 million contract<\/b> to develop a <b>25,000-square-foot immersive experience center<\/b> in <b>Niagara Falls, Ontario<\/b>. The agreement was executed with Ontario real estate developer <b>Mr. J Grewal<\/b> on February 21, 2025.<\/p>\n<p>The project represents the first implementation of ImagineAR&#8217;s new <b>AR-AI business model<\/b> designed for scalable, recurring revenue. Key features include:<\/p>\n<ul>\n<li>A non-refundable deposit of $250,000 paid upon contract execution<\/li>\n<li>A Master Services Agreement for ongoing support<\/li>\n<li>Annual fees and monthly royalties based on gross sales<\/li>\n<li>Immersive attractions, AR racing, VR Gaming, and Mixed Reality<\/li>\n<\/ul>\n<p>Located in a region attracting <b>over 13 million visitors annually<\/b>, the center aims to capitalize on Niagara Falls&#8217; tourism. The partnership serves as a blueprint for scaling ImagineAR&#8217;s technology across high-traffic global destinations, with potential expansion already in discussion for a second, larger location in Ontario.<\/p>\n<\/div>\n<div id=\"summary-it\" class=\"rhea-summary d-none\" lang=\"it\">\n<p><b>ImagineAR<\/b> (CSE: IP) (OTCQB: <b>IPNFF<\/b>) ha annunciato che la sua sussidiaria <b>FameDays<\/b> ha ottenuto un <b>contratto di 10 milioni di dollari<\/b> per sviluppare un <b>centro esperienziale immersivo di 25.000 piedi quadrati<\/b> a <b>Niagara Falls, Ontario<\/b>. L&#8217;accordo \u00e8 stato firmato con il sviluppatore immobiliare dell&#8217;Ontario <b>Mr. J Grewal<\/b> il 21 febbraio 2025.<\/p>\n<p>Il progetto rappresenta la prima attuazione del nuovo <b>modello di business AR-AI<\/b> di ImagineAR, progettato per generare entrate ricorrenti e scalabili. Le caratteristiche principali includono:<\/p>\n<ul>\n<li>Un deposito non rimborsabile di 250.000 dollari pagato al momento della firma del contratto<\/li>\n<li>Un Master Services Agreement per supporto continuo<\/li>\n<li>Tariffe annuali e royalties mensili basate sulle vendite lorde<\/li>\n<li>Attrazioni immersive, gare in AR, giochi VR e realt\u00e0 mista<\/li>\n<\/ul>\n<p>Situato in una regione che attrae <b>oltre 13 milioni di visitatori all&#8217;anno<\/b>, il centro mira a capitalizzare il turismo delle Cascate del Niagara. La partnership funge da modello per scalare la tecnologia di ImagineAR in destinazioni globali ad alto traffico, con potenziali espansioni gi\u00e0 in discussione per una seconda sede, pi\u00f9 grande, in Ontario.<\/p>\n<\/div>\n<div id=\"summary-es\" class=\"rhea-summary d-none\" lang=\"es\">\n<p><b>ImagineAR<\/b> (CSE: IP) (OTCQB: <b>IPNFF<\/b>) anunci\u00f3 que su subsidiaria <b>FameDays<\/b> ha asegurado un <b>contrato de 10 millones de d\u00f3lares<\/b> para desarrollar un <b>centro de experiencia inmersiva de 25,000 pies cuadrados<\/b> en <b>Niagara Falls, Ontario<\/b>. El acuerdo fue firmado con el desarrollador inmobiliario de Ontario <b>Mr. J Grewal<\/b> el 21 de febrero de 2025.<\/p>\n<p>El proyecto representa la primera implementaci\u00f3n del nuevo <b>modelo de negocio AR-AI<\/b> de ImagineAR, dise\u00f1ado para ingresos recurrentes y escalables. Las caracter\u00edsticas clave incluyen:<\/p>\n<ul>\n<li>Un dep\u00f3sito no reembolsable de 250,000 d\u00f3lares pagado al momento de la firma del contrato<\/li>\n<li>Un Acuerdo de Servicios Maestros para soporte continuo<\/li>\n<li>Cuotas anuales y regal\u00edas mensuales basadas en las ventas brutas<\/li>\n<li>Atracciones inmersivas, carreras en AR, juegos VR y realidad mixta<\/li>\n<\/ul>\n<p>Ubicado en una regi\u00f3n que atrae a <b>m\u00e1s de 13 millones de visitantes al a\u00f1o<\/b>, el centro tiene como objetivo capitalizar el turismo de las Cataratas del Ni\u00e1gara. La asociaci\u00f3n sirve como un modelo para escalar la tecnolog\u00eda de ImagineAR en destinos globales de alto tr\u00e1fico, con una posible expansi\u00f3n ya en discusi\u00f3n para una segunda ubicaci\u00f3n m\u00e1s grande en Ontario.<\/p>\n<\/div>\n<div id=\"summary-kr\" class=\"rhea-summary d-none\" lang=\"kr\">\n<p><b>ImagineAR<\/b> (CSE: IP) (OTCQB: <b>IPNFF<\/b>)\ub294 \uc790\ud68c\uc0ac <b>FameDays<\/b>\uac00 <b>1\ucc9c\ub9cc \ub2ec\ub7ec \uacc4\uc57d<\/b>\uc744 \uccb4\uacb0\ud558\uc5ec <b>25,000 \ud3c9\ubc29\ud53c\ud2b8\uc758 \ubab0\uc785\ud615 \uacbd\ud5d8 \uc13c\ud130<\/b>\ub97c <b>\uc628\ud0c0\ub9ac\uc624 \uc8fc \ub098\uc774\uc544\uac00\ub77c \ud3ed\ud3ec<\/b>\uc5d0 \uac1c\ubc1c\ud560 \uac83\uc774\ub77c\uace0 \ubc1c\ud45c\ud588\uc2b5\ub2c8\ub2e4. \uc774 \uacc4\uc57d\uc740 2025\ub144 2\uc6d4 21\uc77c <b>Mr. J Grewal<\/b>\uc640 \uccb4\uacb0\ub418\uc5c8\uc2b5\ub2c8\ub2e4.<\/p>\n<p>\uc774 \ud504\ub85c\uc81d\ud2b8\ub294 ImagineAR\uc758 \uc0c8\ub85c\uc6b4 <b>AR-AI \ube44\uc988\ub2c8\uc2a4 \ubaa8\ub378<\/b>\uc758 \uccab \ubc88\uc9f8 \uad6c\ud604\uc744 \ub098\ud0c0\ub0b4\uba70, \uc774\ub294 \ud655\uc7a5 \uac00\ub2a5\ud558\uace0 \ubc18\ubcf5\uc801\uc778 \uc218\uc775\uc744 \uc704\ud574 \uc124\uacc4\ub418\uc5c8\uc2b5\ub2c8\ub2e4. \uc8fc\uc694 \ud2b9\uc9d5\uc740 \ub2e4\uc74c\uacfc \uac19\uc2b5\ub2c8\ub2e4:<\/p>\n<ul>\n<li>\uacc4\uc57d \uccb4\uacb0 \uc2dc \uc9c0\uae09\ub418\ub294 25\ub9cc \ub2ec\ub7ec\uc758 \ud658\ubd88 \ubd88\uac00 \ubcf4\uc99d\uae08<\/li>\n<li>\uc9c0\uc18d\uc801\uc778 \uc9c0\uc6d0\uc744 \uc704\ud55c \ub9c8\uc2a4\ud130 \uc11c\ube44\uc2a4 \uacc4\uc57d<\/li>\n<li>\ucd1d \ub9e4\ucd9c\uc5d0 \uae30\ubc18\ud55c \uc5f0\uac04 \uc218\uc218\ub8cc \ubc0f \uc6d4\ubcc4 \ub85c\uc5f4\ud2f0<\/li>\n<li>\ubab0\uc785\ud615 \uc5b4\ud2b8\ub799\uc158, AR \ub808\uc774\uc2f1, VR \uac8c\uc784 \ubc0f \ud63c\ud569 \ud604\uc2e4<\/li>\n<\/ul>\n<p><b>\uc5f0\uac04 1,300\ub9cc \uba85 \uc774\uc0c1\uc758 \ubc29\ubb38\uac1d\uc744 \ub04c\uc5b4\ub4e4\uc774\ub294 \uc9c0\uc5ed\uc5d0 \uc704\uce58\ud55c<\/b> \uc774 \uc13c\ud130\ub294 \ub098\uc774\uc544\uac00\ub77c \ud3ed\ud3ec\uc758 \uad00\uad11\uc744 \ud65c\uc6a9\ud560 \ubaa9\ud45c\ub97c \uac00\uc9c0\uace0 \uc788\uc2b5\ub2c8\ub2e4. \uc774 \ud30c\ud2b8\ub108\uc2ed\uc740 ImagineAR\uc758 \uae30\uc220\uc744 \uace0\uc720\ud55c \ud2b8\ub798\ud53d\uc774 \ub9ce\uc740 \uae00\ub85c\ubc8c \ubaa9\uc801\uc9c0\ub85c \ud655\uc7a5\ud558\uae30 \uc704\ud55c \uccad\uc0ac\uc9c4 \uc5ed\ud560\uc744 \ud558\uba70, \uc628\ud0c0\ub9ac\uc624\uc5d0 \ub354 \ud06c\uace0 \ub450 \ubc88\uc9f8 \uc7a5\uc18c\uc5d0 \ub300\ud55c \ud655\uc7a5 \ub17c\uc758\ub3c4 \uc774\ubbf8 \uc9c4\ud589 \uc911\uc785\ub2c8\ub2e4.<\/p>\n<\/div>\n<div id=\"summary-fr\" class=\"rhea-summary d-none\" lang=\"fr\">\n<p><b>ImagineAR<\/b> (CSE: IP) (OTCQB: <b>IPNFF<\/b>) a annonc\u00e9 que sa filiale <b>FameDays<\/b> a obtenu un <b>contrat de 10 millions de dollars<\/b> pour d\u00e9velopper un <b>centre d&#8217;exp\u00e9rience immersive de 25 000 pieds carr\u00e9s<\/b> \u00e0 <b>Niagara Falls, Ontario<\/b>. L&#8217;accord a \u00e9t\u00e9 sign\u00e9 avec le promoteur immobilier de l&#8217;Ontario <b>Mr. J Grewal<\/b> le 21 f\u00e9vrier 2025.<\/p>\n<p>Le projet repr\u00e9sente la premi\u00e8re mise en \u0153uvre du nouveau <b>mod\u00e8le commercial AR-AI<\/b> d&#8217;ImagineAR, con\u00e7u pour des revenus r\u00e9currents et \u00e9volutifs. Les principales caract\u00e9ristiques comprennent :<\/p>\n<ul>\n<li>Un acompte non remboursable de 250 000 dollars pay\u00e9 lors de la signature du contrat<\/li>\n<li>Un contrat de services principaux pour un soutien continu<\/li>\n<li>Des frais annuels et des redevances mensuelles bas\u00e9es sur les ventes brutes<\/li>\n<li>Attractions immersives, courses en AR, jeux VR et r\u00e9alit\u00e9 mixte<\/li>\n<\/ul>\n<p>Situ\u00e9 dans une r\u00e9gion attirant <b>plus de 13 millions de visiteurs par an<\/b>, le centre vise \u00e0 capitaliser sur le tourisme des chutes du Niagara. Le partenariat sert de mod\u00e8le pour \u00e9tendre la technologie d&#8217;ImagineAR dans des destinations mondiales \u00e0 fort trafic, avec une \u00e9ventuelle expansion d\u00e9j\u00e0 en discussion pour un deuxi\u00e8me emplacement plus grand en Ontario.<\/p>\n<\/div>\n<div id=\"summary-de\" class=\"rhea-summary d-none\" lang=\"de\">\n<p><b>ImagineAR<\/b> (CSE: IP) (OTCQB: <b>IPNFF<\/b>) gab bekannt, dass ihre Tochtergesellschaft <b>FameDays<\/b> einen <b>10-Millionen-Dollar-Vertrag<\/b> zur Entwicklung eines <b>25.000 Quadratfu\u00df gro\u00dfen immersiven Erlebniszentrums<\/b> in <b>Niagara Falls, Ontario<\/b> gesichert hat. Der Vertrag wurde am 21. Februar 2025 mit dem Immobilienentwickler aus Ontario <b>Mr. J Grewal<\/b> unterzeichnet.<\/p>\n<p>Das Projekt stellt die erste Umsetzung des neuen <b>AR-AI-Gesch\u00e4ftsmodells<\/b> von ImagineAR dar, das f\u00fcr skalierbare, wiederkehrende Einnahmen konzipiert ist. Zu den Hauptmerkmalen geh\u00f6ren:<\/p>\n<ul>\n<li>Eine nicht erstattungsf\u00e4hige Anzahlung von 250.000 Dollar, die bei Vertragsunterzeichnung gezahlt wird<\/li>\n<li>Ein Master-Service-Vertrag f\u00fcr fortlaufende Unterst\u00fctzung<\/li>\n<li>J\u00e4hrliche Geb\u00fchren und monatliche Lizenzgeb\u00fchren basierend auf dem Bruttoumsatz<\/li>\n<li>Immersive Attraktionen, AR-Rennen, VR-Spiele und gemischte Realit\u00e4t<\/li>\n<\/ul>\n<p>Das Zentrum befindet sich in einer Region, die <b>j\u00e4hrlich \u00fcber 13 Millionen Besucher anzieht<\/b>, und zielt darauf ab, vom Tourismus der Niagaraf\u00e4lle zu profitieren. Die Partnerschaft dient als Vorlage f\u00fcr die Skalierung der Technologie von ImagineAR an stark frequentierten globalen Standorten, wobei bereits \u00fcber eine zweite, gr\u00f6\u00dfere Niederlassung in Ontario diskutiert wird.<\/p>\n<\/div>\n<\/div>\n<div class=\"news-card-takes mt-2\">\n<div id=\"news-card-positive\" class=\"news-card-positive \">\n<p>Positive<\/p>\n<ul>&#013;<br \/>\n            &#013;<\/p>\n<li>Secured a substantial $10 million contract for immersive entertainment development<\/li>\n<p>&#013;<br \/>\n            &#013;<\/p>\n<li>Established recurring revenue model through annual fees and monthly royalties<\/li>\n<p>&#013;<br \/>\n            &#013;<\/p>\n<li>Strategic location in Niagara Falls with access to 13 million annual visitors<\/li>\n<p>&#013;<br \/>\n            &#013;<\/p>\n<li>Received $250,000 non-refundable deposit showing client commitment<\/li>\n<p>&#013;<br \/>\n            &#013;<\/p>\n<li>Potential expansion with discussions for additional locations already underway<\/li>\n<p>&#013;<br \/>\n            &#013;<\/p>\n<li>Positioned in a rapidly growing market projected to reach $1.7 trillion by 2032<\/li>\n<p>&#013;<br \/>\n            &#013;\n          <\/ul>\n<\/p>\n<\/div>\n<div id=\"news-card-negative\" class=\"news-card-negative \">\n<p>Negative<\/p>\n<ul>&#013;<br \/>\n            &#013;<\/p>\n<li>Project execution and timeline risks for completing the 25,000 sq. ft. center<\/li>\n<p>&#013;<br \/>\n            &#013;<\/p>\n<li>Dependency on tourism patterns which can be affected by economic downturns<\/li>\n<p>&#013;<br \/>\n            &#013;<\/p>\n<li>Competition in the rapidly growing immersive technology market<\/li>\n<p>&#013;<br \/>\n            &#013;<\/p>\n<li>Potential technical challenges in implementing advanced AR\/AI technologies<\/li>\n<p>&#013;<br \/>\n            &#013;<\/p>\n<li>Reliance on a single developer relationship for this major project<\/li>\n<p>&#013;<br \/>\n            &#013;\n          <\/ul>\n<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>&#013;<br \/>\n&#013;<br \/>\n&#013;<br \/>\n&#013;<br \/>\n&#013;<br \/>\n    &#013;<br \/>\n    &#013;<br \/>\n    &#013;<br \/>\n&#013;<br \/>\n     02\/25\/2025 &#8211; 08:00 AM &#013;<br \/>\n&#013;<\/p>\n<p>FameDays also signed a Master Services Agreement to provide ongoing on-site and software support and will be paid an annual fee and recurring monthly royalties once the center opens to the public<\/p>\n<p>Vancouver, British Columbia&#8211;(Newsfile Corp. &#8211; February 25, 2025) &#8211; <a target=\"_blank\" rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/api.newsfilecorp.com\/redirect\/DZX0yHZqEZ\">ImagineAR<\/a> (CSE: IP) (OTCQB: IPNFF)  (FSE: GMS1) an Augmented Reality company that enables organizations, brands and businesses to create their own immersive experiences, announced today the execution of a Design and Project Installation Agreement by its wholly-owned subsidiary FameDays to develop a 25,000-square-foot immersive experience center in Niagara Falls, Ontario. The $10 million agreement, executed with Ontario real estate developer Mr. J Grewal through his holding company on February 21, 2025, will include immersive attractions, AR racing, VR Gaming, Mixed Reality among other attractions.  This marks the first implementation of ImagineAR&#8217;s newly announced AR-AI (Augmented Reality-Artificial Intelligence Integrated Revenue) business model, designed to drive scalable, recurring revenue.<\/p>\n<p>Mr. J Grewal, an Ontario real estate developer and owner of the location for the Immersive Centre at Niagara Falls, paid a non-refundable deposit of $250,000 to the Company upon execution of the Design and Installation contract. Additionally, Mr. Grewal, through his holding company, executed the Master Services Agreement pursuant to which the Company will provide on-site support, software development and support as well as 24\/7 mobile app guest support. Apart from the initial $10,000,000 contract, the Company will also receive an annual fee and monthly royalties based on the gross sales of the various attractions at the Immersive Centre once it is built.<\/p>\n<p><b>Strategic Location: Niagara Falls&#8217; Tourism Powerhouse<\/b><\/p>\n<p>Niagara Falls attracts over 13 million visitors annually, making it one of North America&#8217;s most iconic tourist destinations. The immersive center intends to capitalize on this foot traffic, positioning ImagineAR&#8217;s technology at the intersection of entertainment, education, and next-gen tourism. The location ensures access to a global audience and enhancing visibility for both parties.<\/p>\n<p><b>2025 Rollout <\/b><\/p>\n<p>The Niagara Falls center is the first immersive AR \/AI installations slated for 2025. The partnership serves as a blueprint for scaling ImagineAR&#8217;s technology across high-traffic global destinations, from theme parks to cultural landmarks.<\/p>\n<p>Mr. J Grewal added, &#8220;An immersive center inside a hotel transforms the guest experience from a simple stay to a journey of discovery, blending technology, culture, and entertainment seamlessly. In Canada, where travelers seek both adventure and authenticity, this innovation allows hotels to offer curated, interactive experiences that not only enhances guest satisfaction but also drives longer stays and repeat visits, making it the future of hospitality. We have already expressed interest to open two more locations, and we are currently in discussions to open our 2nd immersive center in Ontario with much larger square footage.&#8221;<\/p>\n<p>Alen Paul Silverrstieen, CEO of ImagineAR, stated, &#8220;This partnership is a transformative milestone. Niagara Falls&#8217; tourist base provides the ideal stage to showcase how AR\/AI can redefine experiential entertainment. By signing a $10 million contract and a separate agreement securing recurring revenue for our software installation, this accelerates adoption of our AR-AI model. This is just the beginning of our vision to make immersive AR\/AI a staple of global tourism.&#8221;<\/p>\n<p>Recent data predicts the immersive tech market will explode from $183.96 billion in 2024 to $1.7 trillion by 2032, with a staggering 32.1% annual growth rate. <a target=\"_blank\" rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/api.newsfilecorp.com\/redirect\/rvG7XcP0Qr\">https:\/\/unity.com\/blog\/industry-trends-report-2025<\/a><\/p>\n<p><b>About ImagineAR <\/b><\/p>\n<p>ImagineAR Inc. (CSE: IP) (OTCQB: IPNFF) (FSE: GMS1) is an augmented reality (AR) platform, ImagineAR.com, that enables businesses of any size to create and implement their own AR immersive campaigns with no programming or technology experience. FameDays, wholly owned subsidiary, is a leading-edge developer of immersive entertainment centers, integrating AR\/ AI and interactive technology to create fully immersive, high-impact experiences. The large-scale venues redefine storytelling by blending pre-rendered visuals, augmented reality overlays, and real-time interactivity, offering audiences a next-generation entertainment experience with limitless creative possibilities.<\/p>\n<p>For more information or to explore working with ImagineAR or Famedays , please email <a target=\"_blank\" rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.stocktitan.net\/news\/IPNFF\/mailto:info@imaginear.com\">info@imaginear.com<\/a>, or visit <a target=\"_blank\" rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/api.newsfilecorp.com\/redirect\/V7PwrcE85P\">www.imagineAR.com<\/a>.<\/p>\n<p>All trademarks of the property of respective owners.<\/p>\n<p>The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.<\/p>\n<p>Forward-Looking Information and Statements<\/p>\n<p>This press release contains certain &#8220;forward-looking information&#8221; within the meaning of applicable Canadian securities legislation and may also contain statements that may constitute &#8220;forward-looking statements&#8221; within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Such forward-looking information and forward-looking statements are not representative of historical facts or information or current condition but instead represent only the Company&#8217;s beliefs regarding future events, plans or objectives, many of which, by their nature, are inherently uncertain and outside of the Company&#8217;s control. Generally, such forward-looking information or forward-looking statements can be identified by the use of forward-looking terminology such as &#8220;plans&#8221;, &#8220;expects&#8221; or &#8220;does not expect&#8221;, &#8220;is expected&#8221;, &#8220;budget&#8221;, &#8220;scheduled&#8221;, &#8220;estimates&#8221;, &#8220;forecasts&#8221;, &#8220;intends&#8221;, &#8220;anticipates&#8221; or &#8220;does not anticipate&#8221;, or&#8221;believes&#8221;, or variations of such words and phrases or may contain statements that certain actions, events or results &#8220;may&#8221;, &#8220;could&#8221;, &#8220;would&#8221;, &#8220;might&#8221; or &#8220;will be taken&#8221;, &#8220;will continue&#8221;, &#8220;will occur&#8221; or &#8220;will be achieved&#8221;.<br \/>By identifying such information and statements in this manner, the Company is alerting the reader that such information and statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance, or achievements of the Company to be materially different from those expressed or implied by such information and statements. Although the Company believes that the assumptions and factors used in preparing, and the expectations contained in, the forward-looking information and statements are reasonable, undue reliance should not be placed on such information and statements, and no assurance or guarantee can be given that such forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information and statements. The forward-looking information and forward-looking statements contained in this press release are made as of the date of this press release, and the Company does not undertake to update any forward-looking information and\/or forward-looking statements that are contained or referenced herein, except in accordance with applicable securities laws.<\/p>\n<p id=\"corporateLinkBack\">To view the source version of this press release, please visit <a target=\"_blank\" rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/api.newsfilecorp.com\/redirect\/zEOwJHV34j\">https:\/\/www.newsfilecorp.com\/release\/242235<\/a><\/p>\n<\/p>\n<p>&#013;<br \/>\n&#013;<br \/>\n&#013;<br \/>\n    &#013;<br \/>\n&#013;<br \/>\n&#013;<br \/>\n&#013;<br \/>\n  &#013;<\/p>\n<section id=\"faq-container\">&#013;<\/p>\n<p>&#013;<\/p>\n<h2 class=\"title\">FAQ<\/h2>\n<p>  &#013;\n  <\/p>\n<p>&#013;<br \/>\n  &#013;<br \/>\n  &#013;<\/p>\n<div class=\"faq-item mt-1\">\n<h3>What is the value of the contract ImagineAR (IPNFF) secured for the Niagara Falls immersive center?<\/h3>\n<p>&#013;<br \/>\n          ImagineAR (IPNFF) secured a $10 million contract through its subsidiary FameDays to develop a 25,000-square-foot immersive experience center in Niagara Falls, Ontario. The agreement was executed on February 21, 2025, with a non-refundable deposit of $250,000 paid upon signing.&#013;\n        <\/p>\n<\/p>\n<\/div>\n<p>&#013;<br \/>\n  &#013;<\/p>\n<div class=\"faq-item mt-1\">\n<h3>How will IPNFF generate recurring revenue from the Niagara Falls immersive center project?<\/h3>\n<p>&#013;<br \/>\n          IPNFF will generate recurring revenue through a Master Services Agreement that provides on-site support, software development, and 24\/7 mobile app guest support. The company will receive an annual fee and monthly royalties based on the gross sales of various attractions once the center opens to the public.&#013;\n        <\/p>\n<\/p>\n<\/div>\n<p>&#013;<br \/>\n  &#013;<\/p>\n<div class=\"faq-item mt-1\">\n<h3>What technologies will be featured in IPNFF&#8217;s Niagara Falls immersive entertainment center?<\/h3>\n<p>&#013;<br \/>\n          The immersive entertainment center will feature augmented reality (AR) racing, virtual reality (VR) gaming, mixed reality experiences, and other immersive attractions. This implementation represents ImagineAR&#8217;s new AR-AI (Augmented Reality-Artificial Intelligence Integrated Revenue) business model.&#013;\n        <\/p>\n<\/p>\n<\/div>\n<p>&#013;<br \/>\n  &#013;<\/p>\n<div class=\"faq-item mt-1\">\n<h3>What is the projected market growth for immersive technology that IPNFF is targeting?<\/h3>\n<p>&#013;<br \/>\n          According to data cited in the press release, the immersive technology market is projected to grow from $183.96 billion in 2024 to $1.7 trillion by 2032, representing a 32.1% annual growth rate. IPNFF is positioning itself to capitalize on this rapidly expanding market.&#013;\n        <\/p>\n<\/p>\n<\/div>\n<p>&#013;<br \/>\n  &#013;<\/p>\n<div class=\"faq-item mt-1\">\n<h3>What expansion plans does IPNFF have beyond the initial Niagara Falls immersive center?<\/h3>\n<p>&#013;<br \/>\n          IPNFF is using the Niagara Falls center as a blueprint for scaling its technology across high-traffic global destinations. Mr. J Grewal has already expressed interest in opening two more locations, with discussions underway for a second immersive center in Ontario that would feature a larger square footage than the Niagara Falls location.&#013;\n        <\/p>\n<\/p>\n<\/div>\n<p>&#013;<br \/>\n  &#013;<\/p>\n<div class=\"faq-item mt-1\">\n<h3>How many visitors does Niagara Falls attract annually that could potentially visit IPNFF&#8217;s immersive center?<\/h3>\n<p>&#013;<br \/>\n          Niagara Falls attracts over 13 million visitors annually, making it one of North America&#8217;s most iconic tourist destinations. The immersive center aims to capitalize on this substantial foot traffic, positioning ImagineAR&#8217;s technology at the intersection of entertainment, education, and next-generation tourism.&#013;\n        <\/p>\n<\/p>\n<\/div>\n<p>&#013;<br \/>\n  &#013;<br \/>\n<\/section>\n<p>&#013;<br \/>\n&#013;<br \/>\n&#013;\n  <\/p>\n<\/div>\n<p><em> \u2018 The preceding article may include information circulated by third parties \u2019 <\/em><\/p>\n<p><em> \u2018 Some details of this article were extracted from the following source www.stocktitan.net \u2019 <\/em><\/p>\n<p><em> \u2018 O artigo anterior foi obtido e traduzido do site internacional da celebrity.land   \u2019 Source Link <\/em><\/p>\n\n","protected":false},"excerpt":{"rendered":"<p>&#013; &#013; &#013; &#013; &#013; ImagineAR (CSE: IP) (OTCQB: IPNFF) announced that its subsidiary FameDays has secured a $10 million contract to develop a 25,000-square-foot immersive experience center in Niagara Falls, Ontario. The agreement was executed with Ontario real estate developer Mr. J Grewal on February 21, 2025. The project represents the first implementation of [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":1217420,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_override_counter":[],"footnotes":""},"categories":[45],"tags":[],"class_list":["post-1217419","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-entretenimento"],"_links":{"self":[{"href":"https:\/\/celebrity.land\/pt\/wp-json\/wp\/v2\/posts\/1217419","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/celebrity.land\/pt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/celebrity.land\/pt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/celebrity.land\/pt\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/celebrity.land\/pt\/wp-json\/wp\/v2\/comments?post=1217419"}],"version-history":[{"count":0,"href":"https:\/\/celebrity.land\/pt\/wp-json\/wp\/v2\/posts\/1217419\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/celebrity.land\/pt\/wp-json\/wp\/v2\/media\/1217420"}],"wp:attachment":[{"href":"https:\/\/celebrity.land\/pt\/wp-json\/wp\/v2\/media?parent=1217419"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/celebrity.land\/pt\/wp-json\/wp\/v2\/categories?post=1217419"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/celebrity.land\/pt\/wp-json\/wp\/v2\/tags?post=1217419"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}