Enhanced Gaming and Potential Revenue Opportunities through Metapro's Advanced Tech License
VANCOUVER, BC / ACCESSWIRE / January 22, 2024 / ESE Entertainment Inc. (TSXV:ESE)(OTCQX:ENTEF) ("ESE" or the "Company"), a gaming company that provides a range of services to leading video game developers and publishers, is pleased to announce the acquisition of advanced blockchain gaming technology through a licensing agreement with Metapro, a developer of blockchain and Web3 gaming solutions. The license will enable ESE to integrate these technologies into its gaming platforms, marking a significant advancement in its technology strategy.
Metapro's Technology: Core Elements of the Licensing Agreement
Metapro's technology suite, central to this agreement, includes:
Application of Licensed Technology by ESE: Potential and Forward-Looking Initiatives
ESE's acquisition of Metapro's blockchain gaming technology holds the potential to enhance its gaming offerings and business model. ESE envisions several key applications of this technology:
Michal Bartczak, CEO of Metapro, commented "Metapro is pleased to collaborate with ESE Entertainment in this exciting venture. Our advanced blockchain gaming technology, which ESE has licensed, represents a significant step forward in the gaming industry. This collaboration is not just about providing technology; it's about fostering innovation and pushing the boundaries of what is possible in gaming. We believe that our tools and platforms have the potential to transform the gaming experience, and we are thrilled to see how ESE will potentially apply them to create new, engaging gaming experiences. Our commitment at Metapro is to continue developing cutting-edge solutions that not only meet but exceed the expectations of our partners and their end-users."
Konrad Wasiela, CEO of ESE, commented "Metapro's existing collaboration with over 100 video game developers presents a strategic opportunity for ESE to cross-sell and integrate its services and technologies. This licensing agreement is a strategic move for ESE in integrating advanced blockchain technologies into our gaming platforms. Crypto and blockchain technology is booming, with the recent approval of asset-class ETFs and the largest institutions like BlackRock investing in it. Out timing is excellent to double down with Metapro. We anticipate that this agreement will contribute to our business growth and diversify our revenue streams."
ESE Entertainment Inc.
Konrad Wasiela
Chief Executive Officer and Director
+1 (437) 826-4012
About Metapro
Metapro is an all-in-one solution for gamers, developers, and creators, who wish to get into the NFT space, metaverse, gaming and esport using an opensource protocol based on Web3 decentralized database nodes secured by smart contracts. Our mobile app serves as a non-custodial wallet for tokens, gaming NFTs, and metaverse assets. Explore the dynamic marketplace, enabling seamless integration of 3D objects with NFT tokens. It serves as a one stop platform for presenting gaming and metaverse projects, equipped with a state-of-the-art web interface. | https://metapro.one/
About ESE Entertainment Inc.
ESE is a global technology company focused on gaming. The Company provides a range of services to leading video game developers, publishers, and brands by providing technology, infrastructure, and fan engagement services internationally. ESE also operates its own ecommerce channels, esports teams, and gaming leagues. | www.esegaming.com
CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION
This news release contains certain statements that may constitute forward-looking information under applicable securities laws. All statements, other than those of historical fact, which address activities, events, outcomes, results, developments, performance or achievements that ESE anticipates or expects may or will occur in the future (in whole or in part) should be considered forward-looking information. Such information may involve, but is not limited to, statements with respect to: the license and its core elements; ESE's plan to integrate the licensed technology into its gaming platforms; potential and forward-looking initiatives for the licensed technology and the expected effects of same; the licensed technology opening the door to new revenue streams for ESE and its alignment with the Company's long-term vision; the license's effect on ESE's position in the blockchain gaming sector; ESE's ability to cross-sell its products to Metapro's network; the effect of ESE's integration of blockchain technologies into its gaming platforms on business growth and diversification of revenue streams. Often, but not always, forward-looking information can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or variations (including negative variations) of such words and phrases, or statements formed in the future tense or indicating that certain actions, events or results "may", "could", "would", "might" or "will" (or other variations of the forgoing) be taken, occur, be achieved, or come to pass. Forward-looking information is based on currently available competitive, financial and economic data and operating plans, strategies or beliefs as of the date of this news release, but involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements of ESE to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors may be based on information currently available to ESE, including information obtained from third-party industry analysts and other third-party sources, and are based on management's current expectations or beliefs regarding future growth, results of operations, future capital (including the amount, nature and sources of funding thereof) and expenditures. Any and all forward-looking information contained in this press release is expressly qualified by this cautionary statement. Trading in the securities of ESE should be considered highly speculative.
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SOURCE: ESE Entertainment Inc.