Pioneering the Global Open Metaverse
NEOPIN, a decentralized crypto banking service, announced today that it has signed a strategic business agreement (MOU) with Catalyze Research (Catalyze), a web3 and blockchain consulting firm, and Futureverse, a metaverse, artificial intelligence (AI), and infrastructure development company, to expand the blockchain ecosystem and discover web3 projects.
Futureverse has one of the largest global non-fungible token (NFT) based metaverse communities, and expanding the metaverse, through its AI, and content-centric technology platform built on The Root Network, a layer-1 blockchain which specializes in scalability and interoperability. Recently, Futureverse and author of Ready Player One announced plans to launch Readyverse Studios to bring leading IP and brands to the metaverse. Futureverse also works with a number of global brands, including FIFA, Mastercard, and Reebok.
Catalyze specializes in blockchain and web3 go-to-market (the overall strategy to successfully launch and sell a product or service to the market). With a wealth of know-how and expertise, Catalyze provides insights into the global blockchain industry and business in general.
Through this business agreement, the three companies will focus on two main objectives: ▲ Expanding global blockchain business ▲ Implementing strategies to expand the Futureverse ecosystem. Specifically, the three companies will support NEOPIN's gaming partners to onboard to the Futureverse ecosystem and introduce DeFi (decentralized finance) products using the Root Network on NEOPIN. They will also organize hackathons and joint campaigns, incubate and accelerate Web3 projects in Korea to discover and expand the ecosystem.
NEOPIN has been acting as a node validator (network verifier) since 2018 and has successfully verified nodes of various blockchains with a 0% accident rate, 99.99999% block generation rate, and 0% slashing rate. Based on its excellent blockchain technology, it also operates the NEOPIN service, which is characterized by 'trust' and 'stability'. In particular, it has strengths in the field of decentralized finance and is taking the lead in expanding the ecosystem and discovering projects by securing, investing, and incubating many domestic and foreign partners. Since last year, NEOPIN has been conducting successful marketing campaigns for itself and its partners. Based on these strengths, NEOPIN plans to introduce attractive decentralized finance products through this tripartite MOU.
"We will actively support various game and content service companies that have partnered with NEOPIN to operate in the Futureverse ecosystem. Based on the trust and stability recognized by NEOPIN, we will lead the decentralized exchange (DEX) and DeFi services in Futureverse." said Kim Yong-ki, CEO of NEOPIN.
"Korea is an intellectual property (IP) and blockchain powerhouse that serves as the backbone of the open metaverse that Futureverse is striving for, We look forward to bringing together various IPs such as games and content, including DeFi collaborations, with Futureverse's powerful infrastructure to bring us one step closer to the open metaverse." said Ben Ko, Cofounder and CEO of Catalyze.
"By working with NEOPIN, a leading DeFi company with an extensive network in Korea, we will expand the Futureverse and The Root Network ecosystems and create an environment where users and developers can create an open metaverse together." "This partnership will bring Futureverse to the forefront of the Korean blockchain industry with NEOPIN and Catalyze’s experience, expertise, vision, and insights into the Korean market." said Aaron McDonald, CEO of Futureverse.