SYDNEY, Australia, Oct. 10, 2022 (GLOBE NEWSWIRE) —
Catheon Gaming, ranked #1 emerging blockchain gaming giant in the “2022 KPMG & HSBC Emerging Giants in Asia Pacific Report”, is pleased to announce the official launch of the Catheon Gaming ecosystem, Catheon Gaming white paper and Catheon token.
The Catheon ecosystem is expected to be one of the deepest and most comprehensive in the industry, with four key pillars:
- An industry-leading blockchain game portfolio thanks to our development and publishing activity.
- The Catheon Gaming Center (CGC), an independent game explorer and launcher of the chain.
- Our Catheon Labs advisory and consultancy arm for Web2 companies looking to transition to Web3.
- Catheon metaverse, the single unifying hub for all Catheon games.
Catheon Gaming expands beyond the one-shot approach of many existing projects by creating an ecosystem that will endure beyond the lifecycle of any game. Based on a unified platform and token, the ecosystem will connect the experience of playing individual games in a way that is only possible with blockchain technology and will generate important synergies between different segments of the ecosystem. More information about the Catheon Gaming ecosystem can be found in the presentation and white paper and via the CEO announcement.
Catheon Gaming also announced the release of its universal utility token, Catheon, which will be used across the ecosystem. This will be done through an effective rebranding and relaunch of the existing SolChicks CHICKS token. With the entire Catheon Gaming brand and portfolio behind it, Catheon is expected to be the ecosystem token with more utility and development compared to any of the other similar blockchain gaming ecosystems.
There are several compelling drivers behind the rebranding:
- The first and only token of its kind for a gaming ecosystem on the Solana and Polygon blockchains, with a downstream cross-bridge to other major chains.
- The token will have the position of universal governance and utility token of the largest and one of the highest quality blockchain game wallets in the industry.
- Usefulness of the ecosystem beyond the game portfolio for the Catheon Gaming Center, the Catheon Labs consulting business, and the Catheon metaverse.
- An imminent use case is given the largely complete and ready-to-release nature of the game portfolio, the expected release of the Catheon Gaming Center, and the benefits of staking.
- Governance over the future of one of the most comprehensive ecosystems in blockchain gaming.
As the Catheon network, community, and number of titles continue to grow, Catheon Gaming expects significant network effects and synergies that will help further accelerate the quality of the portfolio and ecosystem. With Catheon Gaming’s high-quality team and track record of fast execution evident in the company’s growth over the past 11 months, the company expects to continue its rapid growth while expanding the ecosystem. in the years to come.
William Wu, Founder and Co-CEO of Catheon Gaming, commented:
“Since we started this project, what has also become clear is that this project and our vision has expanded to be much more than just a game. Today we are extremely excited to announce our Biggest update to date. We’ve been hard at work over the last 12 months to build the foundation for this update and we’re finally able to do it.
“Our vision is to build one of the most comprehensive ecosystems in the industry to truly revolutionize the way we play, live and win. We have a lot of work to do to realize our vision, but we are confident that we can help revolutionize blockchain gaming.
About Catheon Gaming
Catheon Gaming, ranked by KPMG and HSBC as the #1 emerging blockchain giant in Asia-Pacific, is one of the fastest growing blockchain-integrated gaming and entertainment companies in the world. Catheon Gaming is the only end-to-end platform offering world-class technical, publishing and partnering capabilities for leading game studios, companies and brands looking to make their way to Web3. By being the partner of choice, Catheon Gaming has built the largest blockchain game portfolio in the industry and one of the deepest ecosystems to achieve its goal of being able to revolutionize the way we play, live and win.
For more information, visit: https://catheongaming.com/
For media inquiries, please contact: media (at) catheongaming.com
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/eb948fb5-44f5-40aa-b3b5-e66dd9e3e698