• Alpha’s (ALPA) wholly owned subsidiary, Shape Immersive, has partnered with SPACE Metaverse to assist SPACE in developing eCommerce experiences in the metaverse
  • SPACE, founded in 2021, is a leader in the metaverse commerce world
  • Shape will create retail stores and eCommerce experiences on the SPACE platform for leading brands who are entering the metaverse
  • Alpha Metaverse Technologies holds a portfolio of assets in gaming, Metaverse technology and studio services
  • Alpha Metaverse Technologies Inc. (ALPA) opened trading at C$0.09 per share

Alpha’s (ALPA) subsidiary, Shape Immersive, has partnered with SPACE Metaverse to assist SPACE in developing eCommerce experiences in the metaverse.

SPACE, founded in 2021, is a leader in the metaverse commerce world. Its goal is to provide consumers with a seamless and straightforward virtual experience for shopping, events, gamification, and other fun social activities without physical borders.

Shape will be a preferred vendor of SPACE. It will create retail stores and ecommerce experiences on the SPACE platform for leading brands who are entering the metaverse.

Since its founding in 2018, Shape has successfully built an award-winning brand and retail experiences in the metaverse. It has accumulated an impressive portfolio of leading brands, including Red Bull, Coca-Cola and RTFKT (acquired by Nike).

SPACE’s investors include a number of the most web3 technologies, including CoinFund, DapperLabs, and AnimocaBrands. CoinFund boasts a portfolio of over 60 investments. Digital Dapper Labs is the creator of NBA Top Shot and several other blockchain-based games. Animoca Brands is the leading VC blockchain game portfolio.

Together, Shape will work alongside SPACE to create and extend the value of SPACE to support it in becoming the leading ecommerce tool in the metaverse.

Alpha Metaverse Technologies holds a portfolio of assets in gaming, Metaverse technology and studio services. It focuses on emerging industries such as eSports, mobile gaming, eCommerce, and other high growth opportunities.

Alpha Metaverse Technologies Inc. (ALPA) opened trading at C$0.09 per share.


More From The Market Online

Canadian esports company signs Pringles partnership

ESE Entertainment Inc. (TSXV:ESE) signs a partnership with Pringles for the Samsung Galaxy Ultraliga e-sports tournament.

Amazon stock reaches for record highs after earnings report

Amazon (NDAQ:AMZN) impressed investors with its Q1 2024 performance, as the tech giant beat Wall Street estimates.

Gatekeeper scores strongest Q2 financial results in its history

Gatekeeper Systems Inc. (TSXV:GSI) delivers a record-breaking fiscal Q2 2024, collecting more year-over-year growth.

Google’s Alphabet stock jumps on better-than-expected Q1 revenue

Shares of Google owners Alphabet (NDAQ:GOOG) were up nearly 12 per cent in premarket Friday trading after releasing Q1 2024 earnings.