Tokens.com Developing Mobile Web3 Game

Tokens.com Corp. (NEO Exchange Canada: COIN) (Frankfurt Stock Exchange: 76M) (OTCQB US: SMURF) (“Tokens.com” or the “Company”), a publicly-traded company that builds web3 businesses and owns an inventory of digital assets, is pleased to announce that its subsidiary, Hulk Labs (“Hulk”) is in the advanced development phase of creating a proprietary mobile phone-based web3 video game titled Astraeus Defense (https://astraeusdefense.com/).

According to the Federal Trade Commission - Gaming is the largest sector of the entertainment industry with an estimated 3.2 billion gamers globally ₍₂₎. Surpassing the combined revenues of the Music and Film industries, gaming generates a sum exceeding $170 billion annually ₍₁₎. Citi GPS’ estimates the number of web3 wallets to surge from one million in 2022 to between 50 million - 100 million by 2025 ₍₂₎.

Mobile games offer a larger addressable global player base, outnumbering PC and console players. The Hulk team has identified this burgeoning opportunity in the video game industry and is positioning itself to be ahead of this shift as gamers move from web2 consoles and PCs to mobile play-to-earn web3 video games.

Astraeus Defense is a competitive multiplayer sci-fi combat game that allows players to take on the role of one of eight unique extra-terrestrial species. Targeted at the Zalpha Generation (a combination of generation Alpha and Z), Astraeus Defense will be a mobile first game, with innovative web3 economic mechanics developed by Hulk Labs. Astraeus Defense leverages the most popular mechanisms from successful web2 and web3 minigames, which it pairs with a custom tokenomics system, bringing a novel experience to web3 gaming.

In creating the game, Hulk has employed AI technology to develop the concept and establish some of the 2D game art. The team has also employed an AI assistive tool to enhance efficiency of certain aspects of the game's 3D animation process.

Under new leadership, Hulk Labs is utilizing its in-house expertise to launch games for brands and further develop its product offerings. The studio will focus on creating proprietary and branded mobile games targeted at the Zalpha Generation.

“We have strategically evolved our approach at Hulk Labs by ramping up the development of our game studio. As part of this, we are excited for the launch of our game specifically targeted at play-to-earn, mobile users. Gaming is a massive market undergoing a shift. We have repositioned Hulk to service this growing opportunity,” says Andrew Kiguel, CEO of Tokens.com. “Hulk Labs boasts an exceptional team of highly skilled developers and tokenomics experts, which allows us to build out our own product lines and gives us the capabilities to service branded games for brands and businesses exploring web3 gaming.”