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By K R Sudhaman Finance Minister Nirmala Sitharaman has reeled-out statistics on what the Indian economy would be in 2047. The projections she gave at the Global Fintech festival in Mumbai recently are quite interesting. She quoted a SBI research to say that India’s per capita income is to increase 7.5 times from Rs two […]

The post Can India Emerge As The Second Largest Economy Of The World In 2047? first appeared on Latest India news, analysis and reports on IPA Newspack.

Creta

Screenshot of Creta Multiverse Dayroot

Screenshot of actual Creta Multiverse FPS game play

DUBAI, UAE, September 7, 2023/EINPresswire.com/ — The Next World Forum, a gaming event held in Riyadh on August 30th and 31st, gathered influential figures from the global gaming and esports industry. Organized by the Saudi Esports Federation, it served as a platform for industry discussions, emphasizing the esports economy’s rapid growth and the presence of key industry players.

The Next World Forum (NWF) not only provides an innovative opportunity to accelerate sector growth through investment and collaboration but also serves as a platform for intellectual exchange, discourse, and discussions to design the future and highlight potential. NWF serves as a meeting point for gaming and esports stakeholders to collaborate and share knowledge. It covers themes such as the esports economy, AI development, and the world’s fastest-growing games.

Prominent figures from global gaming companies, including Epic Games, Ubisoft, Roblox, Bandai Namco, Tencent, and Atari, participated in the event, alongside H.R.H Prince Faisal bin Bandar Al Saud, Chairman of Board of Directors of Saudi Esports Federation. Alexander Harutyunyan, Co-Founder and Chief Publishing Officer at Creta, also joined as a speaker, introducing Creta, a high-performance public blockchain Web3-based multiverse platform, which received significant interest from the audience. Creta’s presentation at the global event, NWF, signifies its entrance into the Middle Eastern gaming market and reflects its commitment to making strides in this region.

Creta, headquartered in Dubai, UAE, is a Web3-based metaverse gaming platform company. It comprises developers, publishers, and blockchain experts renowned in the global gaming industry. Notable figures include producer Ray Nakazato, Alexander Harutyunyan (former CEO of European game publisher INNOVA), and Seok-ho Yoon, CEO of CCR, known for developing Korea’s National Game Fortress. Yoshiki Okamoto, known for games like Street Fighter 2 and Monster Strike, is a key partner in the project, making Creta a contender in the competitive Web3 metaverse platform ecosystem.

With such prominent individuals involved, Creta is expected to lead the way in creating the most competitive Web3 metaverse platform ecosystem.

Creta’s platform development is led by Diverse, a Korean company with strong expertise in high-performance game engine technology and outstanding graphic capabilities. The Web3-based platform utilizes the high-performance public blockchain, Locus Chain, to create a massive multiverse that differs from existing metaverses. This multiverse is capable of combining and expanding numerous metaverses while maintaining photorealistic visual quality.

Creta offers four main components in its comprehensive Web3 platform service: Creta Multiverse (an endlessly expandable multiverse), Creta Game Platform (servicing Web2 and Web3 games), Creta Studio (enabling high-quality game and content creation), and Creta SuperClub (a Web3 community platform connecting the entire Creta platform).

The ability to provide such an extensive Web3 platform service is largely attributed to the use of Locus GameChain, which dramatically reduces server costs and addresses scalability issues through the utilization of the high-performance Locus Chain blockchain.

Alexander Harutyunyan, Co-Founder the Chief Publishing Officer of Creta, expressed his aspirations by stating, “During this event, we saw how interested the government is and how big the gaming and metaverse scene is in the Middle East. With Creta, we’re looking to show what the future holds for Web3 metaverse platforms and create a whole new gaming market in the Middle East.”

Creta is currently preparing for the early access service of SuperClub, a Web3 community platform, scheduled for October. Additionally, they plan to conduct a Closed Beta Test (CBT) of their first metaverse world by the end of the year.

For more information on Creta, see below:
Global Website: https://CRETA.world/
Official Japanese Website: https://creta.co.jp
Twitter: https://twitter.com/CRETA_WORLD

David Wang
Creta
+90 5365506816
email us here

Spaceport Launches Threadless Apparel on Roblox

Thousands of real-life Threadless designs are now available in the Metaverse across all Roblox experiences

BOSTON, MA, UNITED STATES OF AMERICA, September 7, 2023/EINPresswire.com/ — Spaceport, the premier universal IP licensing platform, today announces the launch of Threadless t-shirts and apparel on the Roblox Marketplace. This launch opens new opportunities for both Threadless and Roblox users – enhancing immersive 3D experience with physical fashion options and providing significant exposure for Threadless and the community of talented artists behind the designs.

With over 20 years in e-commerce, Threadless has partnered with hundreds of thousands of artists, promoting their independent art on apparel, wall art, accessories and more to millions of fans around the world. Through the collaboration, Spaceport has integrated hundreds of real-life clothing designs from Threadless artists on the Roblox Marketplace as one of the largest branded collections on the platform.

“It’s so exciting to see artwork by the Threadless artist community embraced and celebrated within Roblox,” said Jake Nickell, Founder and CEO of Threadless. “Partnering with Spaceport has enabled us to quickly bring our artists’ designs to millions of Roblox players, and to further expand the reach of their work in a meaningful way through this new platform.”

Roblox offers an immersive global platform where 66 million users connect and communicate daily. Connecting users through millions of shared virtual experiences, such as hangouts and spaces for gameplay, the platform allows brands to bring their experience to millions of people anywhere in the world. Roblox is also a place for self-expression – with over half of Gen-Zers changing their avatar’s clothing at least once a week (Roblox), and 20 percent of users changing clothing daily (Vogue Business). The option to wear branded virtual clothing provides a new way for users to reflect their real-world aesthetic within the metaverse.

“This deal offers Threadless artists a unique opportunity to showcase their talents and reach new audiences,” said Peter Betts, Founder of Established Licensing. “While traditionally only the most prominent brands could afford the resources to execute these integrations, Spaceport levels the playing field for creators and brands of all sizes.”

Threadless’s venture into Roblox and the metaverse leverages Spaceport’s blockchain-backed smart licensing protocol that can rapidly integrate thousands of Threadless’s iconic designs into any virtual or physical marketplace. With the ability to activate IP assets at over 10x the scale of other platforms, all while maintaining an incredibly cost-effective approach, Spaceport’s smart licensing protocol is continuing to curate and roll out a catalog of over 35,000 assets in what is the largest physical-to-digital bridge of buyable retail assets ever made.

“Spaceport was created to redefine the way brands bring their intellectual property to life in both the physical world and the metaverse, and to do so with a platform that seamlessly, cost-efficiently, and rapidly takes brands to market,” said Le Zhang, Founder and CEO of Spaceport. “Our integration of Threadless’s IP into millions of Roblox experiences is yet another step towards bridging the gap between physical and digital intellectual property.”

The Threadless-branded digital apparel is available for purchase on the Roblox Marketplace and can be used in every Roblox experience. Roblox community members can now discover real-life Threadless designs and adorn their avatars with unique art from the Threadless community. The Threadless-branded digital shirts and hats are available to be obtained using Roblox currency, Robux. Royalties from Roblox purchases will be exchanged from Robux and paid out in US dollars to Threadless artists.

About Spaceport
Spaceport is accelerating the growth of the next digital economy by building tools for creators, brands and agencies to monetize their intellectual property. With a mission to break down the real-world limitations of IP, Spaceport offers a universal licensing catalog that enables greater deal velocity and provides exposure to a broad cross-section of digital and physical licensing opportunities. Learn more at https://www.spaceport.xyz/

About Threadless
Founded in 2000, Threadless is an e-commerce company and global online community of artists and those who support them. The Threadless Artist Shops platform makes selling art online easier, allowing individuals and companies to create their own custom-branded online store, sell their best designs in the Threadless Marketplace, and have opportunities to sell in offline retail stores.

Craig Zevin
Spaceport
[email protected]
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By Subrata Majumder Enthralled by the Presidency of G 20, India heralds the new global leadership in geo-political and economic dynamism. A decade and half ago, it was the focus was on poverty, draught , unemployment , red tape and volatile economy. In 2014-15, India was the 10th largest economy. Now, it is 5th largest. […]

The post India Leads G20 Summit With Confidence As Economy Performs Better Than China first appeared on Latest India news, analysis and reports on IPA Newspack.

By K Raveendran Saudi Arabia and Russia have surprised global oil markets by extending their voluntary production cuts until the end of the year, sending crude prices to 10-month highs, something that was least expected. Saudi Arabia announced it will extend the 1 million bpd voluntary cuts until December 2023. Russia followed suit, making a […]

The post Saudis, Russians Jolt Oil Market With Surprise Extension Of Output Cut Till Year-End first appeared on Latest India news, analysis and reports on IPA Newspack.

By Dr. Gyan Pathak INDIA alliance has a wider political bandwidth compared to the NDA in terms of reach to electorate, various sections of people, number of significant regional and national political parties, spread across the geographical regions, and experience of not only winning elections but retaining their political dominance in their respective states. Though […]

The post Wider Political Bandwidth Is Advantage INDIA Alliance first appeared on Latest India news, analysis and reports on IPA Newspack.