Alpha Metaverse Technologies Signs Partnership with GEMS Technology LTD; Update on GaaS

Alpha Metaverse Technologies Inc. a technology company that focuses on emerging markets in esports, mobile gaming, ecommerce, blockchain, and high growth opportunities, is pleased to announce it has signed a partnership with GEMS Technology LTD to utilize Alpha’s Gaming as a Service (GaaS), Mana.

Alpha’s GaaS, Mana, offers a fully customizable white label tournament engine that allows organizations and brands to launch their own gaming platforms without having to fund technological or backend systems. Mana fully supports Web3 assets such as cryptocurrencies and “Play 2 Earn” games. Mana provides the technology, the backend, reporting, and more while organizations and brands will own the customer experience in their app and/or website. Mana allows the Company to provide gaming content on a continuous revenue model.

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“The development and now successful sales of Mana is an important milestone for Alpha, as it provides the company with recurring revenue, strong partnerships and significant upside user growth,” stated Brian Wilneff, CEO of Alpha. “We are excited to help GEMS become a world leading Web3 esports tournament platform.”

“We are very excited to be working along with Alpha and using Mana to build out our own successful esports tournament engine,” said, GEMS CEO Andy Koh. “Mana will be used to build and grow our tournament engine and incorporate our web3 assets. We will be utilizing our cryptocurrency and developing our ‘Play 2 Earn’ games.”

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