Web3 Entertainment Company Orange Comet Acquires Entertainment Tech Firm Mint State Labs

Orange Comet, Inc., a leading web3 entertainment company, announces its acquisition of Mint State Labs, an entertainment and gaming technology provider that helps creators easily build, distribute and market blockchain-powered experiences. With a goal to continue blurring the lines between the real and virtual worlds, Orange Comet is competitively positioned as a leading player in the ever-evolving web3 landscape as the company continues to lead the charge in ushering in a new era of entertainment to the metaverse.

Founded in 2021, Orange Comet is focused on building communities and developing ecosystems in digital collectibles, web3 gaming and experiences for global audiences and fanbases. Coming off the heels of successful partnerships and drops with the likes of Sir Anthony Hopkins, NBA Hall of Famer Scottie Pippen, AMC’s “The Walking Dead” and more, Orange Comet is attached to some of the biggest IP ever created in the world of entertainment, music, arts and culture.

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“As Orange Comet continues to grow in the web3 gaming space, we wanted to have as strong of a team with our game design and game tech as we do with our award-winning creative team,” said Dave Broome, CEO of Orange Comet. “We’ve been collaborating closely with Mint State during 2022, so this acquisition is not only highly complementary but seamless for us. That said, from the moment we met Peter and the entire incredibly talented people at Mint State, we knew their passion would be the driving force for us in building something truly special in web3 gaming.”

Also founded in 2021, Mint State Labs continues to expand its reach in the world by offering services and platform tools to help companies and creators build, grow and empower their fanbase. Mint State Labs was a part of the inaugural cohort of the FileCoin-TechStars accelerator and quickly grew its technology customer base and platform to include a large clientele of top tier game creators.

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“From the beginning, Mint State Labs was put together by passionate people looking to use technology to enable creators to build entertainment products they loved,” said Peter Morales, CEO of Mint State Labs. “Combining forces with a company that matches our passion and represents the paramount of creative skill is what’s going to allow us both to reinvent digital entertainment.”

With the acquisition of Mint State Labs, Orange Comet will continue to create premium content disrupting the web3 landscape by harnessing innovative technology to further build, distribute and market blockchain-powered experiences. Peter Morales, CEO of Mint State Labs, will take on the role of Chief Technology Officer and continue overseeing digital infrastructure and technology development for Orange Comet.

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