333D (ASX:T3D) shares take flight following Giant Swan deal

• 3D printing company 333D (T3D) has entered a services supply agreement with virtual reality painter and sculptor, Giant Swan
• Travis Van Zanen, known professionally as Giant Swan, has appointed the company as the exclusive supplier of 3D printing services for an initial term of 12 months
• 333D will convert and render Giant Swan’s digital assets into 3D print-ready file formats, provide 3D printing protype services and final product 3D printing services
• The company’s pricing for its service will be based on a cost-plus model, and Giant Swan has agreed to occasionally promote 333D’s expertise
• 333D jumped 25 per cent, trading at 0.3 cents at 11:42 am AEDT

3D printing company 333D’s (T3D) shares have soared following a services supply agreement with virtual reality painter and sculptor, Giant Swan.

Travis Van Zanen, known professionally in the cryptoarts market as Giant Swan, uses technology to create artistic pieces that merge virtual reality and reality, which have been exhibited in Rome, Milan, Montreal, New York City and Miami.

His creations are sold as physical form objects and as non-fungible tokens (NFTs) on several leading cryptoart platforms.

Under the agreement, Giant Swan has appointed the company as the exclusive supplier of 3D printing services for an initial term of 12 months.

333D will convert and render Giant Swan’s digital assets into 3D print-ready file formats, provide 3D printing prototype services, final product 3D printing services, plus offer technical advice.

The company’s pricing for its service will be based on a cost-plus model. Giant Swan has additionally agreed to occasionally incorporate 3D printing in his artistic creations to promote 333D’s expertise.

Meanwhile, Giant Swan will provide creative expertise relating to the curation of the company’s digital asset library.

There is no current minimum volume requirement under the deal and no estimate for the agreement’s financial impact.

John Conidi, Chairman of 333D said this is an incredible coupe for 333D, working with Giant Swan a world-renowned cryptoartist in a market that is growing exponentially.

“There are no boundaries when reality meets virtual reality meets the Metaverse and we see this engagement as showcasing 333D’s expertise to the cryptoarts world by curating and printing complex shapes and functionality that enables the artist to create an experience by linking dimensions,” Mr Conidi said.

333D jumped 25 per cent, trading at 0.3 cents at 10:42 am AEDT.