Alpha Metaverse Technologies

Overview

Between 2019 and 2023, the online gaming sector is predicted to surpass US$200 billion, with a CAGR of 7.2 percent % over that period. More and more consumers are turning to digital forms of entertainment as a way to stay connected and engaged both socially and competitively with friends and online communities. Amazon’s (NASDAQ:AMZN) Twitch.tv saw 17 billion hours of content watched in 2020, up 83 percent from 2019’s 9 billion, while Valve’s popular game marketplace Steam saw its DAU’s increase to 120 million, up from 95 million in 2019.

It is clear COVID-19 has created serious tailwinds for the gaming industry, which proved to be a popular form of entertainment while the world was stuck in quarantine. According to a report by GlobalData, the Esports industry has caught the attention of a wider audience with online formats spiking interests from traditional sports organizations amid COVID-19.

Alpha Metaverse Technologies (CSE:ALPA) is set to capitalize on this growing gaming trend through its competitive gaming platform GamerzArena that offers tournaments, head-to-head betting, skill-based contests and league play with Alpha Coin, a Bitcoin-pegged token. Through its “freemium” model and exciting new partnerships, the company is creating a tremendously vast ecosystem in the online gaming and esports world.

The GamerzArena platform provides a high-quality experience that leverages a “freemium” model that allows users to immerse themselves in the gaming world with few restrictions. The level of free value this platform provides makes it an easy upsell for the platform’s premium subscription model, GamerzArena+. Users gain access to Alpha Coin, a Bitcoin-pegged token, bigger tournaments and prizes, gameplay stats and analytics, head-to-head betting and the opportunity to be scouted to larger teams and leagues.

Alpha Metaverse Technologies also partners with multiple universities and major sports teams, such as the New Jersey Devils NHL team. Working with the New Jersey Devils, Alpha Esports Tech hosted a two-day tournament with eight professional Esports players. This led to an average of over 1,000 views per day and a combined Twitch following of over 65,000 viewers, giving Alpha Esports Tech massive exposure to their target market and a strong relationship with a major sports team.

In May 2021, Alpha Metaverse Technologies partnered with Spartan Athletics, the athletic arm of Trinity Western University. Alpha will provide Esports services for Spartan athletes, Trinity Western University students and the community that supports the Spartan Foundation. As a starting point for this partnership, Spartan Athletics and Alpha will work together to co-market Esports events on the Company’s online platform, GamerzArena, where the Company will provide Esports expertise and event management, and Spartan Athletics will promote the events amongst their athletes and community

Additionally, the Vancouver Whitecaps Football Club chose to partner with Alpha Esports Tech because of their ability to offer an all-encompassing pathway to the esports online gaming world. This relationship has given them access to 40,000 new members from the Whitecaps youth development league, broadening market share through user acquisition for GamerzArena+ and adding sponsorship revenue from future tournaments and collaborations.

These partnerships are providing international exposure as well. One such partnership is with Irony, an India-based esports company. GamerzArena will become the exclusive partner for all of Irony’s esports events, hosting and operating multiple gaming tournaments for Irony, including an eDevelopment league where Irony will be able to scout and sign top gaming talent to their program.

A growing pocket of the gaming world is mobile gaming, which by the end of 2021 is set to be 52 percent of the entire gaming sector alone. Alpha Esports Tech has made it a top priority to capitalize on this sector by recently acquiring Paradise City Gaming. Paradise City Gaming’s budding portfolio of mobile games will further grow Alpha Esports Tech’s user base through the ability to offer skill-based contests, head-to-head betting and tournament entry fees in a new market.

With multiple years of combined experience in the online gaming and multimedia industry, the leadership team is demonstrating they are well equipped to reward shareholders and show no signs of slowing down. The ability to rapidly grow a user base, close major partnerships and connect with their target market is proof Alpha Esports Tech has the creativity and industry knowledge to execute on current and future projects. With strong projected sector growth, a market cap of just C$20.6 million and an exciting leadership team, Alpha Metaverse Technologies has put itself in a very strong position to continue expanding.

Company Highlights

• Alpha Metaverse Technologies is an online gaming company focused on creating a comprehensive and scalable gaming experience.
• Their platform GamerzArena works as a “Freemium” model, with added value offered for their premium subscription service GamerzArena+.
• GamerzArena+ allows users to take part in bigger tournaments, head-to-head betting, access to bitcoin pegged Alpha Coin and the exposure needed to be scouted to larger teams and leagues.
• Alpha Metaverse Technologies offers multiple different avenues within online gaming, which has allowed them to secure a steady lineup of successful partnerships, including the Vancouver Whitecaps, New Jersey Devils and more.
• The company capitalized on the growing mobile gaming industry by acquiring Paradise City Gaming. This acquisition pairs seamlessly with Alpha Esports Tech’s current business model and will allow them to expand on their already multiple revenue streams.
• The leadership team brings diverse experience within the multimedia, online gaming and sporting world. Having a deep understanding of their target market and how to reach them combined with multiple partnerships still in their infancy, Alpha Esports Tech has only just begun to grow their user base and gain market share.
• The company expanded into the Indian esports market by signing a partnership with Oblivion Esports, an esports organization that provides a competitive platform to all gamers.
• Alpha Metaverse Technologies also partnered with Intel India to host two major tournaments, Intel Gamer Days Valorant Pro Team Invitational and Intel Gamer Days Valorant Streamer Invitational
• Alpha also announced that its online platform, GamerzArena, is now the Official Online Gaming Portal of Nets Gaming Crew (“NetsGC”), the NBA 2K League affiliate of the Brooklyn Nets.
• Alpha entered a letter of intent to acquire 100 percent of the issued and outstanding shares of Shape Immersive Entertainment in exchange for 14,840,000 common shares of Alpha and $1 million in cash. Shape is a leader in 3D NFTs, holograms, augmented and virtual reality, and play-to-earn game development.