Verse World, a Dubai-based technology company specialising in Web3, spatial computing, and immersive metaverse experiences, has announced, according to Cointelegraph, a new relationship with Azerion, a prominent platform for digital entertainment and media that boasts over 20,000 gaming titles and over 500 million monthly active users.
TakeAway Points:
- Verse World has announced a strategic relationship with Azerion.
- The collaboration has contributed to the new valuation of Verse at $180 million.
- Verse World hopes to accommodate a diverse user base seeking the most immersive environment for interacting with friends by being available on desktop and virtual reality platforms.
Verse World Partners with Azerion
The collaboration contributes to the new valuation of Verse at $180 million. Verse was revalued at $180 million because of the partnership. The Lydian Group, the top global integrated digital asset management organisation with holdings in media, infrastructure, and technology throughout the Web3, is one of Verse’s key investors. Currently held investments are in Scalable Solutions, Seamm, and Cointelegraph. Verse World will have access to gaming content and monetization services from Azerion.
Verse’s VR environment stands out for its hyper-realism, which is a big change from other metaverses that are mostly centred around games.
Verse World Diversifies
Verse World hopes to accommodate a diverse user base seeking the most immersive environment for interacting with friends by being available on desktop and virtual reality platforms. When Verse’s own deflationary cryptocurrency launches later this year, it will be used to handle all in-game transactions.
Verse is using cutting edge technology and eye-catching graphics to produce more immersive and upscale digital experiences for clients. Some of its current partners are Primo Entertainment and the Digital Messi Experience Tour, Al Futtaim, BYD Auto, and 3D Factory.
In order to create a place where digital and physical realities coexist peacefully, Azerion and Verse World want to completely transform methods of marketing, training, hiring, and collaborating.
“By using Azerion’s comprehensive digital entertainment and media capabilities in Verse World’s stunning and advanced metaverse solutions, this partnership will unlock synergies that benefit both consumers and businesses. The development of Verse World, bolstered by Azerion’s extensive entertainment content, will blend gaming, social connectivity, and commerce into a cohesive experience. This is the metaverse of the future.” According to Mickael Reignier, Verse co-founder.
Also, Nabil Bouali, Verse co-founder added:
“Innovation is an evolving process of trial and error; Instead of revolution, let’s think about evolution, it is time to find the right partners and keep building!”
About Verse
Verse World is an open, decentralised, hyper-realistic metaverse with its own digital economy and marketplace situated in Dubai. The Lydian Group, a global leader in integrated digital asset management with holdings in media, infrastructure, and technology, is one of Verse’s investors.
About Azerion
Azerion, a digital advertising and entertainment media platform based in Europe, was established in 2014. Azerion uses a strategic portfolio of owned and operated content with entertainment and other digital publishing partners to deliver global scaled audiences to advertisers in a simple, affordable, and engaging manner. All of this is made possible by [their] proprietary technology.
