Pioneer Unveils Own web3 Gaming Platform ‘MetaKit’, The Canadian Business Journal

VANCOUVER, British Columbia, October 3, 2022 (GLOBE NEWSWIRE) — Pioneer Media Holdings Inc. (NEO: JPEG, AQSE: PNER) (“Pioneer” or “Company”), a web3 games and infrastructure company, is pleased to announce its recent launch. meta kit, Proprietary web3 gaming infrastructure and transforming technology suite of products that help game developers play and earn money (“P2E”) on the blockchain.

In March 2022, Pioneer will acquire Crowdform, a digital product and venture activation studio integrated as Pioneer’s digital development studio, the technology backbone of our complete web3 games ecosystem, including content and game development. Did. Infrastructure and web2 transformations. and distribution and global publishing.

MetaKit, Pioneer’s core software technology, is a proprietary game infrastructure framework for game developers that removes the friction of getting players started and increases each game’s chances of success. With MetaKit, game developers can cut production time and reduce development costs associated with game builds, as well as accelerate their go-to-market strategies.

Web3 Gaming is a fast-growing sector and at the forefront of a new wave of technology, with $10.2 billion projected to be invested in blockchain games in 2022 compared to $4 billion in 2021. I’m here.¹Pioneer is focused on developing quality Web3 gaming experiences for players and gaming communities within a trusted and secure ecosystem.

Pioneer CEO Darcy Taylor commented thatOver the past year, we’ve focused on integrating the strategic acquisitions we made earlier in the year into the full web3 games ecosystem. We feel strongly that there is a huge opportunity within web3 games to deliver a best-in-class gaming experience with his P2E games of reliable quality. We are extremely encouraged by the positive traction and progress the team has achieved in their redefined corporate growth strategy to become the industry’s web3 games and infrastructure leader. With a strong framework and foundation in place, you can focus on driving growth. and scaling for the rest of the year. Our strategic priorities include bringing to market a strong pipeline of content and P2E games, developing new and innovative web3 infrastructure technologies through MetaKit and our in-house development studio, and expanding our P2E games portfolio to the masses. This includes securing strategic distribution partnerships to push to market. We look forward to providing updates on our progress in implementing these priorities. ”

1. https://dappradar.com/blog/dappradar-x-bga-games-report-4-blockchain-games-continue-to-ascend-despite-collapsing-markets

MetaKit is designed to help game development studios seamlessly integrate web3 transformation technology into the workflows, tools, and languages ​​already used in their games. MetaKit provides the building blocks for your game’s economy, inventory, currency, and player ownership. Our unique technology solution suite includes a single sign-on solution for blockchain games that allows users to use his NFTs on multiple wallets, an NFT rental and in-game marketplace, the web3 payment processing platform, and frictionless subscriptions. and application solutions.

Pioneer intends to grow the use of MetaKit through the success of its customers’ games and applications, and use of Pioneer’s services will grow with end-user adoption and engagement. Pioneer will leverage the success of its partners to grow a loyal community and increase usage and engagement of Pioneer’s platform. Pioneer will continue to drive growth by expanding the reach of existing customers and acquiring new customers with Metakit. The more gamers are entrenched through Pioneer’s tools and spend more time with each game, the more revenue Pioneer earns from the services offered. Pioneer currently offers his MetaKit platform primarily through licensing, revenue-sharing, and usage-based pricing models. This allows Pioneer to generate revenue from its customers as they develop their games, succeed and grow. For more information on Metakit, please visit https://www.metakit.games.

About Pioneer Media Holdings

Pioneer (NEO:JPEG, AQSE:PNER) is a leading web3 games and infrastructure company that uses its proprietary technology suite, MetaKit, to build and transform games and applications for blockchain. Pioneer has built a complete web3 games ecosystem including content and game development. Infrastructure and web2 transformations. and distribution and global publishing. Through strategic distribution partnerships, Pioneer remains focused on bringing his successful P2E games to mass markets around the world, driving user engagement and adoption, and generating meaningful revenue. .

Web3 games are at the forefront of a new wave of technology and have great opportunities to grow as early adopters in the industry. Even in its nascent stages, there has been a sizeable influx of public and private capital, with a focus on fast-growing sectors. Additional information about Pioneer is available at www.p10neer.com or www.sedar.com.

On behalf of PIONEER MEDIA HOLDINGS INC.

“Darcy Taylor”

CEO
[email protected]

First Sentinel Corporate Finance Ltd (AQSE Corporate Advisor)
Brian Stockbridge +44 7876 888 011

The information contained in this announcement is deemed to constitute inside information under Market Abuse Regulations (EU) No. 596/2014. Upon publication of this announcement via the Regulatory Information Service, this inside information is considered to be in the public domain.

Certain statements in this release are forward-looking statements and reflect management’s expectations with respect to the matters described herein. Forward-looking statements consist of statements that are not purely historical and such statements could cause actual results, performance or developments to differ materially from those contained in the statements. Subject to certain risks and uncertainties. No assurance can be given that the events anticipated in forward-looking statements will occur or how we will benefit from them if they do occur. These forward-looking statements reflect management’s current views and are based on certain expectations, estimates and assumptions that may prove to be inaccurate. A number of risks and uncertainties could cause our actual results to differ materially from those expressed or implied by forward-looking statements, including factors beyond our control. These forward-looking statements are made as of the date of this news release.

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