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Stock impact report

Alert: Global Mofy Officially Adopts OpenUSD as Digital Asset Development Standard [Yahoo! Finance]

Global Mofy Metaverse Limited (GMM) 
NASDAQ:AMEX Investor Relations: us.spdrs.com/en
Company Research Source: Yahoo! Finance
solutions provider engaged in virtual content production and digital asset development for the broader digital entertainment industry, today announced its strategic decision to officially adopt OpenUSD as the standard for digital asset development. The adoption and utilization of this open and dynamic ecosystem for describing, composing, simulating, and collaborating within 3D environments is endorsed by industry leaders worldwide, including NVIDIA, Meta, Autodesk, and others. This strategic transition to OpenUSD is expected to significantly enhance operational efficiencies and open new revenue streams, positioning the Company for increased profitability in the evolving digital marketplace. Universal Scene Description (USD) offers numerous advantages across various industries engaged in 3D digital asset creation, including licensing, digital entertainment, the metaverse, and visual effects (VFX) production. Initially created by Pixar Animation Studio, OpenUSD expedites workflows, te Show less Read more
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