Vancouver, British Columbia, March 24, 2022 (GLOBE NEWSWIRE) — GameOn Entertainment Technologies Inc. (“GameOn” or “Company”) (CSE: GET) (OTCQB: GMETF)Is the first NFT music discovery game with Tetavi, a leading NFT game technology company that launches, operates and monetizes NFT-based games in partnership with the world’s largest IP and is a pioneer of immersive content today. Announced the partnership.
Founded in 2016, Tetavi is a new media and technology company and leader in volume video capture. Tetavi uses state-of-the-art volume video technology and proprietary algorithms built on thousands of hours of machine learning to create next-generation photorealistic digital content and immersive experiences. Their mission is to enable Metaverse to connect, express themselves and be creative in Web3.
Through the partnership, GameOn and Tetavi will allow everyday fans to build their own record label through an investment in an undiscovered artist NFT. This game leverages the underlying blockchain features of GameOn. This will allow you to create music-based NFTs, ultimately giving fans the opportunity to invest in the world’s next generation artists and receive stream royalties forever. This partnership represents GameOn’s largest deal to date. GameOn’s 2022-2023 revenue and booking revenues totaled over $ 1,000,000, with an estimated gross margin of 80% and no revenue sharing arrangements.
As part of GameOn’s broader initiative to expand its footprint within the NFT ecosystem, GameOn expects to leverage all means of the NFT partnership. NFT mint and continuous secondary sales of NFT. Together with partners such as Chibi Dinos and current Tetavi, the company continues to take advantage of this tailwind while expanding its portfolio of NFT gaming partnerships.
“Tetavi is one of the few pioneers in the immersive entertainment space and we are confident that this partnership will mutually benefit both organizations,” said Matt Bailey, CEO of GameOn. “Providing the technology to develop NFT games is in our wheelhouse and we are excited to build the first NFT music discovery game. At GameOn, NFT and the broader Web3 Understanding the size of the growing ecosystem of total addressable markets, we plan to leverage our technology to maximize the use of NFTs and grow our top lines. Invest in the following artists for music fans and We look forward to launching the latest products that offer the ability to receive loyalty through NFTs. “
“We are very pleased to be able to partner with GameOn on products that intersect music, games, NFTs, Metaverse, and volume capture technologies. We are a product built on the promise of Web3. We have formed a team of the freshest brains in technology and music to develop. Through this product, musicians can pave the way for new ways to earn money, gain greater control over music, and give fans more than ever. You can get closer to your favorite upcoming artists, “said Gilad Talmon, CEO of Tetavi.
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Game Start (CSE: GET) (OTCQB: GMETF) has partnered with the world’s largest sports, media and entertainment companies to launch brand-building, profitable NFT-based forecasting and fantasy games. We turn our fans into super fans – attract, retain, monetize and participate in the entire economic cycle of NFT games. GameOn, along with a diverse team of web3, gaming, sports and media veterans from companies such as Take-Two Interactive, EA, Dapper Labs, BSE Global and Madison Square Garden, broadcasters, TV networks, streaming platforms, leagues and tournaments. , A sports book that launches and operates best-in-class NFT games. Partners include global companies such as NBCUniversal, Bravo and MX Player.
Tetabi Enhance your digital self’s endless expression through awe-inspiring immersive content for the virtual world. Tetavi is a link between technology, entertainment and content creation. Create next-generation digital content and immersive experiences for Metaverse and Web3 using state-of-the-art volume video technology and proprietary algorithms built on thousands of hours of machine learning. Our mission is to connect, express ourselves and be creative through photorealistic, shareable digital content.
Tetavi currently operates studios around the world and is commercially active in the United States, Europe, the Middle East, and APAC.
Information about the future outlook
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GameOn has partnered with Tetavi to launch the Canadian Business Journal, an innovative NFT music discovery game.
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