Alphagen Intelligence Stock Price, News & Analysis

Alpha Metaverse Technologies has announced an Amending Agreement with Shape Immersive Entertainment regarding the remaining $500,000 payment due under their original share purchase agreement. Alpha paid $100,000 at the signing, while the remaining $400,000 will be settled through Shape’s financial performance or financing by September 28, 2023. The agreement provides greater operational flexibility and aligns obligations with Shape’s performance. Additionally, Alpha will not need to deliver additional shares if payments are made on time.

Alpha Metaverse Technologies Inc. (OTC: APETF) announces its participation in prominent tech events this September. Shape Immersive, Alpha's subsidiary, will present at the Global Metaverse Forum and Elevate Festival, focusing on the future of virtual retail and metaverse insights. Shape's CEO, James Basnett, will speak at the Global Metaverse Forum alongside industry leaders. Dan Burgar, Co-founder of Shape, will represent Alpha at multiple events, including TechBBQ and the Economist Metaverse Summit, highlighting the company's strategic positioning in the rapidly growing metaverse and gaming sectors.

Alpha Metaverse Technologies Inc. (CSE: ALPA, OTC: APETF) announced a strategic partnership with SPACE Metaverse to enhance ecommerce experiences in the metaverse. Shape Immersive, Alpha's subsidiary, will become a preferred vendor for SPACE, focusing on developing virtual retail stores and experiences. SPACE aims to enable users to create custom virtual environments for shopping and events. Notable investors in SPACE include CoinFund and DapperLabs, indicating strong backing in the web3 technology space. This partnership is expected to advance the metaverse ecommerce landscape significantly.

Alpha Metaverse Technologies Inc. (CSE: ALPA, OTC PINK: APETF) has partnered with GEMS Technology LTD to utilize its Gaming as a Service (GaaS) platform, Mana. This collaboration enables organizations to launch gaming platforms without significant investment in technology. Mana supports Web3 assets and offers continuous revenue opportunities. CEO Brian Wilneff highlighted that Mana's development represents a crucial milestone, providing recurring revenue and growth. GEMS CEO Andy Koh expressed excitement about using Mana to enhance their esports tournament platform.

Alpha Metaverse Technologies Inc. has completed the acquisition of 100% of Shape Immersive Entertainment Inc., enhancing its metaverse technology and NFT content creation capabilities. This strategic move aims to position Alpha as a leader in Web3 gaming and metaverse development, leveraging Shape's established expertise with major brands like Red Bull and the Olympics. The acquisition is expected to foster cross-selling opportunities and spur the development of gaming intellectual property. Alpha anticipates significant market growth in the metaverse, projected to reach between $8 trillion and $13 trillion by 2030.

Alpha Metaverse Technologies Inc. has announced a definitive agreement to acquire 100% of Shape Immersive Entertainment Inc. for $500,000 in cash and 14 million common shares. This acquisition aims to enhance Alpha's position in the metaverse and Web3 sectors, leveraging Shape's expertise in NFTs, augmented reality, and 3D technology. Shape's partnerships with notable companies such as Nike, Red Bull, and Intel bolster its reputation. The deal includes an additional $500,000 payment and milestone shares based on market capitalization achievements within five years.

Alpha Metaverse Technologies has announced a strategic partnership with BetU ICO Corp to enhance its user base in the growing play-to-earn market. This partnership aims to integrate BetU's free-to-play esports prediction game into Alpha's offerings, allowing users to earn rewards through correct predictions. GamerzArena+ subscribers will receive bonus points and tokens, incentivizing participation. The collaboration is expected to position Alpha as a leader in the play-to-earn space, providing additional value to its subscription model.

Alpha Metaverse Technologies Inc. announced ongoing marketing services with Financial Star News Inc., expected to conclude on February 4, 2022. The engagement involves a comprehensive digital marketing strategy, including ad campaigns and keyword optimization, for a fee of USD $400,000. This initiative aims to enhance visibility and engagement for Alpha’s offerings in esports and mobile gaming. The company operates in high-growth sectors, leveraging technology assets to appeal to the modern gaming audience.

Alpha Esports Tech Inc. plans to change its name to Alpha Metaverse Technologies Inc., pending approval from the Canadian Securities Exchange, effective January 12, 2022. This change signifies the company's commitment to the Metaverse and Web 3.0 technologies. Alpha's augmented reality division, Paradise City, is developing AR experiences using Niantic’s Lightship toolkit. They aim to integrate AR into their GamerzArcade platform by spring 2022. Additionally, GamerzArena will be offered as a 'gaming as a service platform' to facilitate adoption of Metaverse experiences.