Hong Kong/Sydney, 1 November, 2022 - Catheon Gaming, the world’s fastest-growing integrated blockchain gaming and entertainment company, is pleased to announce that it will be launching the Catheon Metaverse, a single unifying metaverse game that will form a key part of the Catheon Gaming ecosystem.
The core mission of the metaverse will be to offer users of all games under Catheon Gaming a central hub to interact with one another and benefit from the resulting interoperability and synergies between titles. All users in the CGC ecosystem will be able to port their NFTs from any Catheon game as an avatar in the open world metaverse, enabling users to enjoy brand new experiences beyond what’s available in their respective native games. The Metaverse will also enable cross-game utility of NFTs and seamless cross-game and cross-chain NFT trading.
Catheon Metaverse will have its own fun and engaging game play loop with gameplay features such as building and harvesting on private land, operating places for commerce, as well as a suite of hyper-social events where users from different games can connect with each other. Real estate will be a key feature of the metaverse - players can purchase, build on, decorate and customize their land plots. Players and game guilds will also be allowed to purchase land plots together and create guild lodges for a greater shared identity. Real estate will be significant cash flow generation opportunities through rentals, advertising and other initiatives (such as events and art galleries).
The establishment of Catheon Metaverse will lead to additional demand and utility for $CATHEON. $CATHEON will function as the common currency and medium of exchange throughout the Catheon Metaverse. For example, for purchasing and exchanging the Catheon Metaverse-specific NFTs in both the primary and secondary marketplaces, such as land NFTs.
Catheon Gaming is in a unique position to deliver on its metaverse with the largest gaming portfolio in the world of 25 games and growing, with 50M+ game downloads and 11M+ members in its community. Moreover, Catheon Gaming already has titles that are conducive to social and hang-out themes, such as incorporating metaverse concerts through Seoul Stars and Voyage in Paradise (ViP).
William Wu, Founder & Co-CEO, Catheon Gaming, commented: “We have been planning this vision for the Catheon Ecosystem since the inception of the company and we are extremely excited to see it come to life. We have built the scale, expertise, connections, and cohesive workforce to finally be able to effectively execute this vision. The Metaverse is part of a broader plan to build an interconnected ecosystem of gaming experiences unmatched in the blockchain gaming space. It is the digital manifestation of the Catheon ecosystem filled with immersive experiences for our users drawn from our ever-expanding portfolio.”
About Catheon Gaming
Catheon Gaming, ranked by KPMG & HSBC as one of the top 10 Emerging Giants in Asia Pacific, is the world’s fastest-growing integrated blockchain gaming and entertainment company. Catheon Gaming is the only end-to-end platform providing world-class technical, publishing, and partnership capabilities for the world’s leading game studios, companies, and brands seeking to navigate their path into Web3. By being the partner of choice, Catheon Gaming has built the industry’s largest portfolio of blockchain games underpinning our vision to revolutionize the way we play, live, and earn.
For more information, please visit: https://catheongaming.com/
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