PRESS RELEASE
Paris, France, September 8, 2022 at 6:00 pm CET
“AlphaVerse” metaverse to open on September 20, 2022
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CRYPTO BLOCKCHAIN INDUSTRIES (CBI, Euronext Growth Paris : FR0014007LW0, ALCBI) announces the opening of the AlphaVerse Hub on September 20, 2022 for the first community users.
Frédéric Chesnais, Chairman and CEO of CBI, declared: “We are proud to be able to open this first test version of the AlphaVerse Hub to our first players, in line with our announced strategy and the commitments we have made to our community and our shareholders.This launch is the result of the work of our technical and marketing teams.It marks the launch of a new phase of open collaboration and exchange with users, intending to open up all the AlphaVerse universes and become one of the most widely used metaverses in the world.”
CBI: Strategy for the development of a connected and open metaverse
The core of CBI’s activity is now focused on the development of AlphaVerse, a digital world (metaverse), developed on the blockchain.CBI’s metaverse intends to offer richer and more varied experiences than traditional video games.AlphaVerse aims to become THE gateway to the worlds of metaverses, hence its name in reference to “Alpha” (“One” in Greek).
A true platform for exchange and sharing, AlphaVerse is designed around a central place, the “Hub”, which connects many universes in the field of games and entertainment.Some universes are developed by CBI for its own account, others are developed by CBI in association with partners, and others by third parties to be linked to AlphaVerse through the Hub.CBI has now focused its content on gaming and entertainment, including music and digital arts, interests that have broad community appeal, and has also developed a unique model for funding charitable initiatives.The universes offer experiences of play and interaction, sharing and creation of content and exchange.
Visitors and players will be able to create, share and trade content inside AlphaVerse through NFTs and crypto-currencies, but also outside on various blockchain platforms.
CBI’s projects include, in addition to the metaverse, the development and commercialization of non-fungible tokens (“NFTs”) and crypto-currencies, notably Crystal, AlphaVerse’s crypto-currency, of which 600 million units have been created with the first private sales already completed, and more generally the investment in projects related to blockchain technologies.
Objectives of the AlphaVerse opening on September 20, 2022
With this first phase, accessible only by invitation, AlphaVerse intends to present to its community, its partners, and the press a brightly colored universe whose graphics and artistic direction are intended to be eminently more advanced than those of the currently accessible metaverses.
This first phase will also be the occasion to unveil to the general public the features and innovations brought by AlphaVerse.Rather than forcing the user to live a predefined experience, AlphaVerse chooses to propose tools and functionalities to users so that they can design their own experience.
The two major tools will be community houses and billboards.Community houses are digital real estate represented as NFTs that allow a user to recreate a
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community within the metaverse.
Community houses include multiple floors and apartments the owner will be able to sell to members of his community.Furthermore, the community houses also include billboards that will be controlled by the user-owner and on which images, videos, or websites can be presented.
Main features of AlphaVerse
Development of AlphaVerse-related universes and timeline
For FY 2022-2023 and beyond, the goal is to continue to develop AlphaVerse to become one of the major players in the metaverse universe globally.
There are currently many metaverse projects in development.Each one is different and offers a partitioned user experience and specific tools.For each of these metaverses, the user must launch a different program, and with so many metaverses under construction, it will certainly become complicated to access them in a simple manner.
In the AlphaVerse, the user can access multiple metaverses from one location: the Hub.
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Financial Agenda
Warning
The realization of the projects, as well as their operating budget and financing plan, remain fundamentally subject to uncertainties, and the non-realization of the underlying assumptions may have a significant impact on the value of the assets and liabilities.
About CBI
CRYPTO BLOCKCHAIN INDUSTRIES (“CBI”) is a French company that develops, operates and invests in video games, business applications and selected projects relating to the blockchain, non-fungible tokens (“NFTs”) and cryptocurrencies.
Founded by Frédéric Chesnais, a renowned gaming industry entrepreneur and blockchain pioneer, CBI aims to develop and unlock value from a portfolio of blockchain activities across multiple industries (video games, finance, logistics, etc.) with a view to capitalizing on this technology, either directly or through partnerships.CBI has already made several investments and is currently launching AlphaVerse, a blockchain technology-based virtual world or metaverse.
CBI shares are listed on the E2 compartment (Public offer of the Euronext Growth Paris market).Learn more at www.cbicorp.io.
Contacts
CBI
Listing Sponsor
Financial Communications
Frédéric Chesnais
Atout Capital
Calyptus
PDG
Rodolphe Ossola
Maisie Mouret
+33 (0)1 53 65 68 68
www.cbicorp.io
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Disclaimer
Crypto Blockchain Industries SA published this content on 08 September 2022 and is solely responsible for the information contained therein.Distributed by Public, unedited and unaltered, on 09 September 2022 05:49:06 UTC..
