Market Herald logo

Subscribe

Be the first with the news that moves the market
  • Alpha’s (ALPA) wholly owned subsidiary, Shape Immersive, has partnered with SPACE Metaverse to assist SPACE in developing eCommerce experiences in the metaverse
  • SPACE, founded in 2021, is a leader in the metaverse commerce world
  • Shape will create retail stores and eCommerce experiences on the SPACE platform for leading brands who are entering the metaverse
  • Alpha Metaverse Technologies holds a portfolio of assets in gaming, Metaverse technology and studio services
  • Alpha Metaverse Technologies Inc. (ALPA) opened trading at C$0.09 per share

Alpha’s (ALPA) subsidiary, Shape Immersive, has partnered with SPACE Metaverse to assist SPACE in developing eCommerce experiences in the metaverse.

SPACE, founded in 2021, is a leader in the metaverse commerce world. Its goal is to provide consumers with a seamless and straightforward virtual experience for shopping, events, gamification, and other fun social activities without physical borders.

Shape will be a preferred vendor of SPACE. It will create retail stores and ecommerce experiences on the SPACE platform for leading brands who are entering the metaverse.

Since its founding in 2018, Shape has successfully built an award-winning brand and retail experiences in the metaverse. It has accumulated an impressive portfolio of leading brands, including Red Bull, Coca-Cola and RTFKT (acquired by Nike).

SPACE’s investors include a number of the most web3 technologies, including CoinFund, DapperLabs, and AnimocaBrands. CoinFund boasts a portfolio of over 60 investments. Digital Dapper Labs is the creator of NBA Top Shot and several other blockchain-based games. Animoca Brands is the leading VC blockchain game portfolio.

Together, Shape will work alongside SPACE to create and extend the value of SPACE to support it in becoming the leading ecommerce tool in the metaverse.

Alpha Metaverse Technologies holds a portfolio of assets in gaming, Metaverse technology and studio services. It focuses on emerging industries such as eSports, mobile gaming, eCommerce, and other high growth opportunities.

Alpha Metaverse Technologies Inc. (ALPA) opened trading at C$0.09 per share.


More From The Market Herald

" Gamelancer (CSE:GMNG) announces name change to Gamelancer Media Corp.

Gamelancer Gaming Corp. (GMNG) has filed an alteration notice to change the company’s name to “Gamelancer Media Corp.”

" Gamelancer (CSE:GMNG) selected to join global partners launching ‘TikTok Games’

Gamelancer Gaming (GMNG) has been selected as one of a small group of global TikTok partners to launch TikTok Games.

" Enthusiast Gaming (TSX:EGLX) heads to Helsinki for the next Pocket Gamer Connects

Enthusiast Gaming Holdings (EGLX) will host its next live event under its Pocket Gamer Connects brand in Helsinki, Finland, from September 27-28.

" Stingray Group (TSX:RAY.A) renews its NCIB

Stingray Group (RAY.A) has received approval to renew its normal course issuer bid.