Paranovus Entertainment Technology Ltd. announced that it has entered into a software development agreement with BlueLine Studios Inc. to focus on developing the AI-generated content (AIGC) game application, Hollywood Sunshine. Under the terms of the agreement, BlueLine will be committed to the development of the Hollywood Sunshine project, which is expected to be a unique social gaming platform that has celebrity involvement and is driven by AIGC. The project will be an engaging story-based role-playing game (RPG) in an open world, available on both PC and/or mobile platforms. The game aims to captivate users with real-time, instantaneous player-specific content generation, offering many hours of narrative-driven gameplay.

BlueLine and Caravan will be working together to secure an appropriate celebrity talent partner for the game, who should demonstrate receptiveness to working with AIGC and have a fanbase reach of at least 5 million individuals. Paranovus will pay BlueLine a total of up to $1,900,000 development fee and subject to the terms of the agreement, Paranovus will be the sole and exclusive owner of all rights to the Hollywood Sunshine project, including all intellectual property rights, excluding any background technology used by BlueLine to complete the project. An initial full-featured version of the game for the PC platform is anticipated to be released in Second Quarter 2024, followed by the potential delivery of the iOS version in Third Quarter 2024.