- Animoca Brands and Param Labs have partnered to drive innovation in the MENA region’s gaming industry.
- Param Labs offers products like Kiraverse and Pixel To Poly, which transform 2D NFTs into 3D game assets.
- The partnership will integrate Pixel To Poly into Animoca Brands’ projects, providing access to cutting-edge technology.
Animoca Brands, a leader in digital property rights in gaming, and Param Labs, a prominent game and technology developer based in Abu Dhabi, have teamed up to drive innovation in the gaming industry across the MENA region.
The goal of this collaboration is to leverage Animoca Brands’ expertise to strengthen Param Labs’ strategy for bringing innovative Web3 products to market. By joining forces, both companies aim to enhance Param Labs’ blockchain technology and token economy design, positioning themselves at the forefront of the rapidly evolving gaming landscape.
Param Labs brings to the table a range of products, including Kiraverse, a Web3 TPS, and Pixel To Poly, a platform that transforms 2D NFTs into dynamic 3D game assets. Pixel To Poly stands out for its use of AI, which seamlessly converts artwork into sophisticated 3D designs compatible with popular gaming platforms like GTA V and Fortnite Creative Mode.
As part of their partnership, Param Labs will integrate its Pixel To Poly platform into select projects and portfolio companies of Animoca Brands. This integration will provide access to cutting-edge technology, enhancing the creation process of game assets.
Additionally, Param Labs has exciting initiatives on the horizon, such as launching a free-mint NFT campaign and publishing its litepaper, which outlines the company’s game economy and infrastructure.
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We’ve partnered with @ParamLaboratory to advance the gaming industry in MENA and beyond. Together, we’ll refine Param Labs’ economy design, bolstering its go-to-market strategy for its products like @KiraverseGame & @PixelToPoly.🦾https://t.co/N6NL1oFljU pic.twitter.com/PKf7H1JChm
— Animoca Brands (@animocabrands) February 14, 2024
With a network of Layer 2 and Layer 3 solutions featuring parallelized VMs like Move and SVM, Param Labs has the potential to revolutionize the gaming landscape through its innovative Web3 framework and modular blockchain architecture.
This collaboration marks a significant milestone for Param Labs and the broader Web3 gaming ecosystem in the MENA region. With the support of Animoca Brands, Param Labs is well-positioned to lead the way in pioneering new advancements in Web3 and gaming, ultimately enhancing the gaming experience for players worldwide.
Yat Siu, co-founder and executive chairman of Animoca Brands, highlighted the shared vision of both companies to redefine the gaming landscape. Siu stated, “We’re thrilled to partner with Param Labs to advance digital property rights in gaming, bringing us closer to realizing the vision of the truly open metaverse. Together, we’re committed to transforming the industry, prioritizing the value of gamer experiences and ownership.”