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Alpha Metaverse (CSE:ALPA) wins major enterprise contract and its first AI revenue

Shoran Devi, The Market Herald
0 Comments| March 14, 2023

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  • Alpha Metaverse (ALPA) received a contract to build a metaverse experience for a multinational category leading brand
  • The company also reported its revenue projections for the first quarter in 2023 to be the highest in its history
  • Alpha is a technology company that holds a portfolio of assets in the metaverse, gaming and generative AI
  • Alpha Metaverse Technologies Inc. (ALPA) opened trading at C$0.09 per share

Alpha Metaverse (ALPA) received a contract to build a metaverse experience for a multinational category-leading brand.

The company will reveal the new project upon launch. It enables the client to showcase its products and services in an immersive and interactive virtual environment. It takes client customer engagement to a whole new level.

Alpha Metaverse commented that this contract is a major milestone for Alpha.

The company also reported its revenue projections for the first quarter of 2023 to be the highest in its history. Alpha has seen growth of over 400 per cent over the previous quarter.

Brian Wilneff, CEO of Alpha, commented on the announcement.

“We are thrilled to have been chosen to build a metaverse experience for this category-leading brand. We are excited to share more details when it launches to the public. It is an incredible opportunity to showcase the power of Alpha’s AI and the metaverse and how it can transform the way big brands engage with customers and create new product categories.”

“This contract reflects the growing demand for metaverse solutions and artificial intelligence in today’s digital landscape. Category-leading brands and organizations around the world are recognizing our company’s expertise in developing virtual worlds and immersive experiences.”

About Alpha Metaverse

Alpha is a technology company that holds a portfolio of assets in the metaverse, gaming and generative AI. The company’s operational units include:

  • Shape Immersive – a full-service metaverse studio. It builds the future of web3 gaming and virtual retail experiences for Fortune 500 companies and beyond through 3D, NFT, XR and game production;
  • MANA – a custom-built SaaS solution and innovation lab. It empowers partner companies to level up their community engagement by launching their own gaming platforms;
  • GamerzArena, a gaming platform that provides an esports ecosystem for all gamers. The platform provides video game contests for top titles where gamers can compete for cash and prizes.

Alpha clients and partners include RTFKT, Olympics, Star Altas, Red Bull, Intel, TED and more.

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




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