The first quarter of 2024 has been a landmark period for BoltOS, filled with significant achievements, strategic alliances, and cutting-edge innovations. This transformative phase has firmly positioned BoltOS as a trailblazer in the immersive streaming industry, setting the stage for an exciting future.
Fundraising Achievements
BoltOS has made significant progress in its fundraising endeavours. Leading this initiative is UCEA, a distinguished Portuguese multi-family office. This strategic collaboration also opens avenues for synergy with UCEA’s extensive portfolio, enhancing our global vision for immersive streaming.
To bolster these efforts, we have engaged with XMS Capital Partners, which has a presence in London, Chicago, and Boston, and Rochefort Associates, operating out of Paris and Shanghai, to advise and spearhead our fundraising activities. Complementing these financial partnerships, KLME Law, with its robust network in the MENA region, will provide essential legal advisory services.
Pioneering AI & ML Integration
Innovation continues to be a cornerstone of BoltOS’s strategy, exemplified by the expansion of our AI and ML capabilities. We have integrated six foundational AI models, including notable names like Claude and Llama3. These advancements are set to revolutionise the immersive streaming experience, offering businesses and communities enhanced tools to engage and interact with their audiences in unprecedented ways.
Expanding Horizons with Strategic Partnerships
Our ongoing partnership with Bloomberg has reached new heights this quarter. We are thrilled to integrate Bloomberg’s award-winning content with interactive features such as Chat, Shop, and AI on Bolt+. This collaboration is redefining how viewers engage with financial news and information, setting a new benchmark for media consumption.
Furthermore, we are in advanced discussions with Hisense Group and the VIDAA Smart TV operating system to bring BoltOS’s immersive streaming capabilities to a broader audience. This collaboration aims to showcase our technology to new content partners globally, enhancing our footprint in the smart TV ecosystem.
In February, Bolt+ hosted the Dubai 24Hr Motor Race, powered by Hankook Tyres. This event featured multiple live streams, including in-car and on-location feeds, demonstrating Bolt+’s versatility and potential for interactive viewer engagement. Erik Naeser, Head of Operations and Legal at Sports Advantage, praised the platform’s interactive functionalities, highlighting its success in delivering a rich, immersive experience.
Advancing BoltChain Capabilities
Since launching BoltChain’s testnet, we’ve recorded an impressive 80,000 transactions, underscoring the platform’s growing adoption and utility. Our staking platform, currently in beta, is being designed right now so it’ll offer Bolt Token holders the opportunity to earn rewards in Plus Tokens, further enhancing the ecosystem’s appeal. This will also help our very own blockchain to hit the ground running at full speed, with excellent liquidity and transactions moving through the system at full pelt.
BoltChain’s integration with over 17 other chains ensures extensive digital asset deployment, significantly boosting liquidity and utility across the BoltOS ecosystem.
Strengthening Community and Team
At BoltOS, we remain committed to fostering a diverse and inclusive culture. This quarter, we welcomed several new team members across various roles, enriching our global expertise and strengthening our team’s capabilities.
Our community engagement has also seen significant enhancements, with new interactive features added to our Discord server. These include gamified participation mechanics, staking, and automated translation services, all designed to enhance user experience and community involvement.
Innovations in Growth and Advertising
We are excited to announce the launch of programmatic advertising on Bolt+. This new integration allows blue-chip advertisers to seamlessly access our platform, supporting a diverse range of content and ensuring sustainable business growth.
Additionally, we have expanded our ad-supported live streaming offerings by 18,000 minutes, reinforcing our leadership in immersive streaming. This expansion includes new partners like Kidz Bop and Toon Goggles, further enriching the content available on Bolt+.
May also saw us hosting our first ever subscription-only event on Bolt+. Bridget Foliaki-Davis, the multi-award-winning functional nutritionist and host of Bridget’s Healthy Kitchen, who streamed a health boot camp on Bolt+ to her global community of more than 80,000 people. The event marked the debut of a subscription-only event on Bolt+, opening the door to creators using this feature as an additional means of revenue generation.
Introducing New Channels on Bolt+
In Q1 2024, Bolt+ has welcomed a variety of new channels, significantly enhancing our content diversity. These channels bring a wide range of entertainment options to our viewers, from movies and music to kids’ shows and more. It’s also the beginning of our expansion into the world of ad-supported content, launching a whole new way for channel owners and content creators to build an economy around their amazing content. Take a look right now.
- Crema TV
- 7 Palms Movie Channel
- Black Movie Max
- Azteca Internacional
- Corazon
- SKWAD
- Afroland TV
- Kidz Bop
- Smurf TV
- Toon Goggles
- World of Free Sports
- EarthTouchTV
- Introuble
- WedoMovies
- WedoAmor
- WedoBigStories
Looking Ahead: Exciting Developments in Q2 2024
As we look forward to Q2 2024, several groundbreaking initiatives are on the horizon. In June, we will officially rebrand to BoltOS, a move that reflects our commitment to innovative media technologies and our vision for the future.
One of the most anticipated developments is the launch of BoltAI, a revolutionary feature that will enable real-time content interaction in multiple languages. Bloomberg will be the first to pilot this groundbreaking technology, setting a new standard for user engagement.
We are also gearing up for the mainnet release of BoltChain, a modular L2 blockchain designed to revolutionise immersive streaming. This launch will provide users and creators with unprecedented opportunities for interaction and content creation.
Summary
Q1 2024 has been a transformative period for BoltOS, marked by strategic growth and technological advancements. As we move forward, our focus remains on innovation, diversity, and community engagement, paving the way for a bright future in immersive streaming.
Join us in this exciting journey as we continue to push the boundaries of media interaction and content creation.
