Gym Street acquires Japanese Kabutoucho Metaverse, expanding ecosystem and experience
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The world of virtual reality is constantly evolving, and the latest development in this space is Gym Streets akquisition of Kabutocho Metaverse. Combining two innovative metaverse platforms aims to create a comprehensive virtual experience for users, bringing together the best of both worlds.
"We are thrilled to announce the integration of Kabutocho, a thriving financial district in the Metaverse, into Gym Street Financial Metaverse. The acquisition of these platform will bring a new and exciting community to our existing user base and provide even more opportunities for our business partners to grow in the virtual world. This is a major step towards our vision of creating a comprehensive and immersive Metaverse financial experience for all." - Frank Roehrig, CEO of Gym Street.
Launched in mid-2022, Gym Street Financial Metaverse is a fast-growing virtual universe where the boundaries of gaming and finance converge. This innovative platform is powered by blockchain technology, bringing a safe and secure environment to engage in a range of activities like minting, real estate, DeFi, NFTs and more. Gymstreet has its own community token, GYMNET, which expects to maintain the bullish trend after Kabutocho joins regarding the expected community number breakthrough.
The Kabutocho Metaverse is a Japan-focused platform that engages in various blockchain-based activities, such as minting, real estate and DeFi.. It was launched in 2022 as a 2D platform with plans to expand into 3D virtuality with approx. +10.000 users. Gymstreet, which already has a thriving 3D ecosystem, is to welcome Kabutocho and share its technology.
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