VR Education Holdings Plc announced the planned development of a new fully featured corporate metaverse. The metaverse is the next evolution of the Group's proprietary VR software platform, ENGAGE. The project is called 'ENGAGE Oasis' with the launch expected in H1 2022. All the avatars and virtual locations will be tailored for professional users, and guidelines will be set by the owners of each sector. There will be no limits on digital artists or corporations regarding the virtual building blocks and styles used, allowing for unlimited branding opportunities. As part of this metaverse, a new marketplace will become available for corporations and digital artists to sell digital items and provide services using non-fungible tokens, fiat currencies and cryptocurrencies.