Alpha Metaverse Technologies Inc Stock Price Analysis

Alpha Metaverse Technologies Inc. operates a dedicated online e-sports arena and platform that allows gamers to compete against one another in daily tournaments. Its platform also facilitates live-streaming of players’ gameplay. The company was founded in March of this year and is based in Vancouver, Canada.

Alpha Metaverse Technologies Inc

Alpha Metaverse Technologies Inc is a publicly traded company with a portfolio of assets in gaming, metaverse technology, and studio services. Its goal is to provide consumers and businesses with a new way to enjoy virtual experiences and compete with one another. Alpha Metaverse‘s products include a gaming community platform and SaaS solution. It also offers custom community building services.

Alpha Metaverse has also recently acquired Shape Immersive Entertainment Inc. for CAD 6.7 million. The transaction was financed through the issuance of 14,840,000 common shares and CAD 1 million in cash. The Company has also entered into a private placement agreement with Research Capital Corporation, which will act as sole bookrunner. As a result of the acquisition, Alpha Metaverse is expected to raise CAD 4 million in equity from the private placement.

Shape Immersive Entertainment

Alpha Metaverse Technologies Inc. has signed a letter of intent to acquire 100% of Shape Immersive Entertainment Inc. Shape is a company that builds immersive experiences for leading companies in the Metaverse. The company has expertise in 3D NFTs, holograms, and augmented and virtual reality. It has also worked with a number of leading brands on metaverse experiences, including Nike, Star Atlas, and RTFKT.

The acquisition of Shape Immersive Entertainment Inc.’s assets has bolstered Alpha’s portfolio of gaming, Metaverse technology, and studio services. The company creates and manages 3D assets and metaverses for Fortune 500 companies, while providing customer engagement and gaming community building solutions.

The deal is designed to accelerate Alpha’s position as a global leader in Metaverse-technology. Alpha’s acquisition of Shape will enable the company to invest in new Metaverse-game experiences and expand its user base. The two companies share a common goal of creating experiences that allow people to explore the future of humankind.

Marc Andreessen

Alpha Metaverse Technologies Inc. is a technology company that is building a global metaverse. This virtual world enables people to work together and play games. The company’s management has years of experience building video games and gaming platforms. Their goal is to make the metaverse as convenient and fun as possible for gamers. Players can create their own avatars in the metaverse and compete against other players around the world in competitions. The winning player earns Alpha Coins.

Andreessen has co-founded the VC firm Andreessen Horowitz and is an avid proponent of open source and decentralisation. He believes that metaverse builders need to preserve the freedom that the web offers. This means that the Web3 and the metaverse need to co-exist for a long time. It’s important to remember that these platforms are revolutions, and are not necessarily the same thing.

For a more detailed understanding of the metaverse, listen to Welcome to the Metaverse podcast. It features interviews with industry veterans and bright minds who are advancing the space. The hosts help you understand the technology, how to position yourself for success, and what the future may hold.

The company has received US$1.5 million in pre-seed funding. It is also working with SuperLayer, a venture studio dedicated to web3 technologies. The company has worked with multiple layer-one protocols, such as Ethereum and Solana, and has experience building applications that run across multiple layers.