Param Laabs and Pixelverse Enter A Cross-IP Agreement To Extend Development Across The Web3 Gaming Universe

As a researcher with a background in the gaming industry and a strong interest in Web 3 technologies, I’m excited about the recent strategic partnership between Param Labs and Pixelverse. The collaboration between these two independent game development companies is an innovative step towards bringing real utility to the Web 3 gaming metaverse and rewarding loyal gamers on both platforms.


In their mutual licensing arrangement for Web 3 gaming platforms, Param Labs’ upcoming creation, Kiraverse, will feature characters from Pixelverse.

As a researcher studying the latest developments in the gaming industry, I came across an exciting announcement from Param Labs, an independent game and infrastructure development company with connections to Animoca Brands. They’ve forged a strategic cross-IP partnership with Pixelverse, a Web 3 cyberpunk-themed game ecosystem. The purpose of this collaboration is to infuse real value into the Web 3 gaming metaverse and recognize the unwavering commitment of dedicated gamers on both platforms.

Based on the team’s announcement, the intellectual property (IP) of Pixelverse will be incorporated into Param Labs’ upcoming shooter game named Kiraverse. Players can enjoy this free-to-play game by engaging in competitive game modes where they can compete and earn digital assets or exploring an enthralling open-world experience.

As the CEO of Pixelverse, I’m thrilled about our upcoming strategic collaboration with Param Labs. I firmly believe that this partnership will facilitate a warm welcome for newcomers to the Web 3 gaming universe.

As a researcher exploring the potential collaborations within the Web3 community, I am thrilled about the opportunity to work with Param Labs. I believe this partnership will bring significant value and utility to our collective efforts. In particular, I look forward to witnessing how our players engage with their beloved characters in Kiraverse, which embodies the true essence of Web3 integration.

As a researcher studying the gaming industry, I can tell you that the integration of Pixelverse’s intellectual property (IP) into Kiraverse is anticipated to significantly improve the overall gameplay and narrative experience for players. This partnership goes beyond just expanding the universe; it also aims to recognize and reward our most dedicated and engaged players. By ensuring fair compensation and equitable distribution of tokens to early adopters, we are demonstrating our commitment to maintaining a balanced and inclusive gaming community.

Instead of the existing airdrop distribution method, the collaboration intends to reward dedicated gamers with greater benefits. Through game asset rewards, this partnership extends additional value to devoted and loyal players, who will receive the ‘airedrop tokens’ as a result. This novel strategy aligns with their dedication to building a thriving and active Web3 gaming community.

Through our cross-IP collaboration, Pixelverse’s characters can effortlessly blend into Kiraverse. This expansion welcomes approximately 500,000 monthly active users (MAU) from Pixelverse to engage with the upcoming game and personalize their experience using their preferred character’s skin. Furthermore, this partnership will foster knowledge exchange and amplify each other’s strengths to boost value within our respective platforms and provide enriched gaming experiences for our players.

Param Labs recently secured $7 million in funding from investors, with Animoca Brands taking the lead. Notable crypto venture capitalists, such as Delphi Ventures and Mechanism Capital, also joined in this financing round. In an exciting development, Param Labs disclosed that their native token will be available for trading on HTX Global starting May 29, 2024. This new listing offers potential investors a fresh opportunity to acquire the token.

Through their collaboration, Pixelverse and Param Labs strive to promote widespread use of Web 3 gaming and enhance the enjoyment and profitability for gamers on a global scale.

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2024-05-29 11:17