$COIN launches Hulk Labs Tokens.com Corp. ( $COIN.N $SMURF) announced today that they launched Hulk Labs which is its new wholly-owned subsidiary.
Hulk Labs is focused on investing in Play-to-Earn revenue-generating gaming tokens and NFTs.
This subsidiary represents a new Web3 vertical for $COIN which is focused on the lucrative Play-to-Earn (P2E) sector.
P2E gaming is said to be the next big opportunity in Web3 and blockchain, merging the engagement and entertainment value of online gaming, and the ability to earn real-world income through the combination of gameplay and digital asset ownership.
As part of its launch, Hulk Labs has made initial investments in several high-potential NFT projects including:
- Illuvium which is an open-world RPG game based on the Ethereum blockchain
- NFTX which is a platform for creating liquid markets in illiquid NFTs
- and Wall Street Bulls which is a gamified NFT collection
Hulk Labs will monetize its gaming P2E assets by depositing them into top game guilds where they will be loaned to players in exchange for a revenue share of their gameplay earnings.
$COIN closed today at $1.80, MC is $135.288M
https://ca.finance.yahoo.com/news/tokens-com-launches-crypto-play-123000011.html