Darewise Entertainment Initiates First Bitcoin Metaverse Token with Horizen Labs
In an influential development, Darewise Entertainment, a subsidiary of Animoca Brands, has teamed up with Horizen Labs to forge the first-ever metaverse ecosystem token utilizing the Bitcoin network. This collaboration was announced at TOKEN2049, held in Singapore on September 14, 2023.
- Launch of the first metaverse ecosystem token on Bitcoin
- Strategic collaboration between Darewise Entertainment and Horizen Labs
- Technical and consulting services provided by Horizen Labs
- Remarks from notable personalities including Yat Siu and Benjamin Charbit
- Future technological advancements by Darewise Entertainment
- Horizen Labs’ contribution to the project
- Overview of Darewise Entertainment and Horizen Labs
The groundbreaking collaboration was revealed at TOKEN2049 in Singapore, unveiling Darewise Entertainment’s visionary endeavor. A pivotal initiative in the gaming metaverse, the partnership promises to infuse new dimensions in gaming, brands, and real-life experiences, with a prime focus on the Life Beyond Gaming Metaverse.
Through this partnership, Horizen Labs will extend its know-how in token development and consultancy services. With a proven track record in advising on smart contracting and token strategies, including the successful launch of ApeCoin (APE), the firm is geared to assist Darewise Entertainment in navigating the Bitcoin ecosystem with the new metaverse token.
Yat Siu, Co-founder and Executive Chairman of Animoca Brands, highlighted the significance of the collaboration, indicating the onset of a transformative phase for Bitcoin. He expressed optimism about the role of high-quality gaming in fostering mass adoption of this technology. Meanwhile, Benjamin Charbit, Co-founder and CEO of Darewise Entertainment, emphasized the collaborative spirit of the partnership, foreseeing a potential shift in Bitcoin’s status from a mere store of value.
Anticipated Technological Innovations
Darewise Entertainment’s Chief Product Officer, Vincent Marty, underscored the company’s commitment to unveiling groundbreaking technological advancements in the upcoming months. These developments are expected to revolutionize not only the Life Beyond Chapter 1 2024 but also influence metaverses and games globally, ensuring substantial utility in the ecosystem post token launch.
Role of Horizen Labs
Robert Viglione, CEO of Horizen Labs, expressed great enthusiasm about their participation in this ambitious project. Highlighting their longstanding association with Bitcoin and the growth of the Horizen ecosystem from it, he underscored the company’s eagerness to contribute its expertise to further technological innovation within this space.
Horizen Labs, established in 2019, is a frontrunner in fostering a secure and equitable digital world, with a focus on enabling the transition to Web3 through strong expertise in zero-knowledge cryptography. Darewise Entertainment, a key player in the Web3 game technology sphere, is working on developing the sci-fi MMO Life Beyond, backed by a team of veterans from the AAA games industry.
In the rapidly evolving landscape of digital technology, the partnership between Darewise Entertainment and Horizen Labs signifies a monumental step towards the realization of a more inclusive and immersive digital experience. As these two powerhouses combine their strengths, the forthcoming developments stand to redefine the contours of the gaming and metaverse sectors. This collaboration heralds an era of innovation, potentially catalyzing a paradigm shift in the utilization of the Bitcoin ecosystem.