Legends

United

Multiverse

<img src="https://cdn.thebittimes.com/images/2024/02/07/1707305744.webp" width="800" height="438" alt="">
Lloyd Investment Group, a global private investment fund based in Dubai, United Arab Emirates (UAE), along with Thomas Vu, legendary producer of League of Legends and Emmy Awards winner of Arcane, and Sangyoun Lee, CEO of Diverse, development company of Creta, has jointly announced its partnership with Creta, a prominent Web3 metaverse gaming platform. This collaboration involves establishment of a new fund, currently sized at $1 billion, as well as contributing efforts to assist Creta in establishing robust networks. The goal is to securely establish Creta's presence in the Web3 gaming market across the MENA region.
"Lloyd Investment Group, with a primary focus on the energy, infrastructure, technology, and real estate sectors, is now exploring opportunities to expand its presence in the entertainment and gaming sector. This strategic move represents it ambitious will to lead the market across the MENA region. After closely observing Creta's activities, the company acknowledges the immense potential within Creta and has chosen to forge a new paradigm alongside them."
The established new fund is aimed to provide grants to emerging developers, enabling them to transform their game concepts into successful titles. It will offer creative developers and startup studios the opportunity to access funding for the development of innovative game ideas, potentially leading to success on the CRETA Platform. The launch of the USD$1billion Fund reflects the recognition of the growing importance of the Web 3.0 gaming industry, with the belief that games will shape future social interactions, leisure activities, and work dynamics on the CRETA Platform. It is envisioned that games will form integral components of the CRETA Multiverse and Platform, presenting opportunities beyond the current $300 billion gaming industry.
CRETA's ultimate goal is to unite a coalition of top-tier developers, creators, and producers, inviting a multitude of creators to contribute their high-quality creations. The company is constructing a cutting-edge gaming and entertainment platform poised to lead the next generation of game and metaverse content industries.
The new fund is projected to achieve its objectives by expanding the Creta metaverse through various means, including the development of content and the cultivation of a pool of skilled developers. By doing so, it seeks to attract a diverse array of talented Web3 developers and content creators to the Creta ecosystem. Through collaboration with numerous game developers, creators, and producers identified by the Creta Growth Fund, the platform not only aims to enrich its content offerings but also to surpass the expectations of its early adopters. This collaborative approach is expected to generate synergies in public relations, marketing, and community engagement that extend well beyond the fund's scope. Consequently, as the ecosystem expands, the community of creators is anticipated to grow, leading to increased content creation and further expansion of the Creta ecosystem.
Creta is a global Web3 metaverse gaming platform headquartered in the UAE, with additional offices in Japan and Armenia. Spearheaded by Diverse, a Korean metaverse game developer renowned for its high-performance game engines and advanced graphics technology, the platform leverages Locus Chain, a robust public blockchain. Unlike traditional metaverses, Creta offers a super-sized multiverse where multiple metaverses can seamlessly merge and expand, boasting photo-realistic visual quality. By utilizing the high-performance blockchain mainnet Locus Chain, Creta significantly reduces infrastructure costs by replacing the need for servers in online games.
In addition to its exceptional technical and creative prowess, Creta has garnered recognition for its immense potential through collaborations with industry luminaries such as Yoshiki Okamoto, renowned for his work on Street Fighter 2 and Monster Strike, and Thomas Vu, the Executive Producer behind League of Legends and Netflix's Arcane.
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Creta is a Web3-based multiverse gaming platform headquartered in Dubai, UAE, with a team of developers, publishers, and blockchain experts who have made a name for themselves in the global gaming industry. These include Ray Nakazato, a respected producer in the Japanese and global gaming industry, Alexander Harutyunyan, former CEO of European game publisher INNOVA, and CCR's Seokho Yoon, who developed Korea's national game Fortress. The partnership with Okamoto, the legendary game designer behind Street Fighter 2, Resident Evil, and Monster Strike, which have collectively generated trillions of dollars in revenue, and Thomas Vu, producer of League of Legends and Emmy Award winner for Arcane, is expected to result in a world-class lineup of Web3 game titles.
Creta is comprised of four parts: the endlessly scalable Creta Multiverse, the Creta Game Platform (CGP), which powers a wide range of Web2 and Web3 games, Creta Studio, where anyone can create high-quality games and content, and Creta SuperClub, the Web3 community that connects the entire Creta platform. Creta Multiverse is in the process of implementing an ultra-large-scale multiverse (three metaverses to be opened sequentially) that will allow many different metaverses to combine and expand upon each other and aims to be the only Web3 platform in the world with photorealistic visuals. The Creta Multiverse is designed to be a one-stop shop for various content services and ecosystems, including games in the MMORPG, Battle Royale, and casual genres, rather than separate executions. Creta SuperClub is the first service that allows users to fully own the data of their community within the legal framework. The rights to clubs and posts are technically NFTized, allowing NFT owners, such as operators and members, to own, trade, sell, acquire, and merge. It is also a truly decentralized community service where information about each club member is not stored on a specific server but is all on-chain. This allows influencers to manage their fans without being locked into a platform.
Global Website: <a href="https://creta.world/" target="_blank" rel="noopener noreferrer nofollow">https://creta.world/</a>
Official Japanese Site: <a href="https://creta.co.jp/" target="_blank" rel="noopener noreferrer nofollow">https://creta.co.jp/</a>
Video Clip: <a href="https://www.youtube.com/watch?v=mPdtM5yZqao&amp;t=2s" target="_blank" rel="noopener noreferrer nofollow">https://www.youtube.com/watch?v=mPdtM5yZqao&amp;t=2s</a>
Twitter: <a href="https://twitter.com/creta_world" target="_blank" rel="noopener noreferrer nofollow">https://twitter.com/creta_world</a>
Discord: <a href="https://discord.com/invite/FWCd28vv36" target="_blank" rel="noopener noreferrer nofollow">https://discord.com/invite/FWCd28vv36</a>
Telegram: <a href="https://t.me/creta_world_official_Group" target="_blank" rel="noopener noreferrer nofollow">https://t.me/creta_world_official_Group</a>
Coinmarketcap: <a href="https://coinmarketcap.com/currencies/creta-world/" target="_blank" rel="noopener noreferrer nofollow">https://coinmarketcap.com/currencies/creta-world/</a>
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Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/creta-partners-with-lloyd-investment-group-to-establish-a-fund-to-catapult-the-growth-of-web3-gaming-industry-tbt79145.html">https://thebittimes.com/creta-partners-with-lloyd-investment-group-to-establish-a-fund-to-catapult-the-growth-of-web3-gaming-industry-tbt79145.html</a>

Creta Partners With Lloyd Investment Group To Establish A Fund To Catapult The Growth Of Web3 Gaming Industry

TheBitTimes

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