PRESS RELEASE 29th January 2017

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PRESS RELEASE

Sine Wave Entertainment Ltd.

London

Sunday, 29th January, 2017 12:00

 

FOR IMMEDIATE RELEASE

 

The Space virtual world has paid out to developers for the first time.

 

Creators are being paid for the sale of their virtual goods including hair, clothing items, skins and vehicles.

 

More than 200 new virtual goods were released for sale on the live servers by the Space community in December 2016 bringing the total number of virtual goods to almost 2000.

 

Since opening it's private beta in September 2016 there have been a total of just over 5000 silver items sales (silver is the promotional credit earned inworld) and more than 350 gold item sales (gold can only be purchased for real money and is only cashed out to approved creators.)

 

Just over 7700 new users have joined the platform since the beta opened. More than 500 developers have received the Space creator tools.

 

“These are all small numbers but we are delighted to have cash going out to our creator community at such an early stage.” Said Adam Frisby, CEO of Sine Wave Entertainment, the developers of the Space virtual world platform.

 

“we love what these guys are doing and their philosophy to be a new virtual platform to suit all abilities and ambitions, and are eager to release our pipeline of clothing in space during the coming weeks and months. BlakOpal and I work as a team, and we really are extremely excited about Space” commented Trilo Byte of BlakOpal designs, one of the merchants who opened a new store in Space in December.

 

“it's been great to be in at the start with Space, and to see them build up their community of talented users quickly. Being paid out so soon is also a bonus!"” said Newsea, another Space merchant.

 

COMPANY BACKGROUND

 

http://sinewaveentertainment.com/

 

Space is built and operated by Sine Wave Entertainment a UK based company with offices in Shanghai and Sydney.

 

The company has a long track record of innovation in it's market, including as founding developers of OpenSim.

 

It began retailing virtual goods in virtual worlds like IMVU and Second Life in 2006.

CONTACTS

 

contact@sinewavecompany.com

 

London head office

 

22A St. James's Square London,

SW1Y 4JH, United Kingdom

Phone: +44 (0) 207 078 7449

Email: contact@sinewavecompany.com

 

Shanghai office

 

E-904, No. 1715 North Zhongshan Road, Shanghai, 200061 China

Phone: +86 (0) 21 3251 6685

Email: sh@sinewavecompany.com

 

IMAGES

 

 For more images please contact

Sean O’Callaghan

sean.c@sinewavecompany.com