Tokens.com Corp. (NEO Exchange Canada: COIN)(Frankfurt Stock Exchange: 76M) (OTCQB US: SMURF) (“Tokens.com” or the “Company”), a publicly-traded company that invests in Web3 crypto assets and businesses linked to the Metaverse and NFTs, is pleased to share that its subsidiary, Hulk Labs, has entered into a play-to-earn partnership with the Democratic Republic of Congo (DRC).
Tokens.com and Hulk Labs plan to work with several local entities and universities within the DRC to identify and train a group of players to participate in the play-to-earn gaming economy.
In addition, Tokens.com will deploy play-to-earn assets to this network of players in the DRC to allow them to play top play-to-earn games using assets owned by Tokens.com and Hulk Labs. These assets will always stay in the custody of the Tokens.com team (via the Company’s proprietary technology platform) and will be permissioned to local DRC players that will be paid a commission for playing assets designated to them.
The DRC government will support this effort by providing drop-in facilities with high quality internet availability and by providing other local resources to support Hulk Labs and the player ecosystem.
In addition, the DRC has announced that Tokens.com, via its agreed upon terms, will be its exclusive play-to-earn partner for the next 36 months.
Both Tokens.com and the DRC will aim to grow this initiative to thousands of players across 5-10 games over the next 12 months and beyond.
The Democratic Republic of Congo is the second largest country in Africa (by area), has a population of over 92 million people and is one of the fastest growing countries in the world.
Tokens.com is excited to continue to expand this relationship with an aim to build one of the largest global play-to-earn ecosystems in the world.
“We believe play-to-earn gaming is one of the first truly global applications of cryptocurrency – and has the potential to onboard the next billion users onto the blockchain. We are excited to work with the Democratic Republic of Congo to train a team of players to participate in this new and exciting economy” commented Deven Soni, President of Hulk Labs and COO of Tokens.com.
