Crypto Firm Pluto Digital and UK’s Maze Theory Partners to Form Blockchain and Metaverse Studio January 31, 2022 January 31, 2022 Kelly Cromley http://1AZFjzw2#Nwf63pYaMWq#xIY
Market NewsJanuary 31, 2022 by Kelly Cromley

Crypto Firm Pluto Digital and UK’s Maze Theory Partners to Form Blockchain and Metaverse Studio

Emergent Games, a blockchain and metaverse firm, has been formed as a joint venture between Maze Theory, a London-based digital entertainment studio, and Pluto Digital, a crypto technology and operations company. The joint venture brings together two powerful forces in the shape of blockchain technology and immersive gaming to create a company at the cutting edge of the new decentralized gaming industry.

Maze Theory was founded by industry veterans from leading global games and entertainment companies. The company has released critically acclaimed games across virtual reality, PC, mobile, and console platforms, including Doctor Who: The Lonely Assassins (mobile and console) and Doctor Who: The Edge of Time (VR), with Peaky Blinders: The King’s Ransom (VR) launching soon.

Pluto Digital is a blockchain technology startup that specializes on decentralized finance (DeFi), metaverse technologies, and non-fungible coins (NFTs). Pluto is organized into three core business units: Pluto DeFi, which develops leading DeFi apps and tokens; Pluto Metaverse, which develops metaverse technologies and tokens; and Pluto V, which invests internationally in top web3 and non-financial technology (NFT) initiatives.

The organization employs a total of sixteen technical engineers. Pluto will act as an investor in the new joint venture and has committed £4 million as part of the arrangement to support the studio’s expansion and consolidation of its VR capabilities.

Emergent Games’ ‘game first’ strategy will provide players with high-quality, high-production-value games that are jargon-free and simple to pick up and play. Its goal is to introduce free-to-play concepts to the blockchain gaming sector, giving gamers the choice of playing for pleasure or participating in the crypto NFT aspect and earning real money.

Resurgence, Emergent Games’ first project, will transport players from a modern-day calamity to a post-apocalyptic future. The game empowers the user to choose their own fate via resource management in a novel community-based survival concept.

According to Ian Hambleton, CEO of Emergent Games: “Emergent Games is committed to a strong ‘game first’ mentality, which means making really fantastic games for all players, with an optional crypto component to enhance the experience for those interested. We feel that this technique is not only ethical, but also reduces hurdles for gamers interested in blockchain gaming.”

He continues: “We invented the term “story-living” to describe the idea and technologies that underpin our games. It’s a scenario in which players are immersed in a virtual environment and make important decisions that shape the story. Incorporating this into a huge multiplayer online role-playing game (MMORPG) would provide gamers with fresh and fantastic experiences and play a vital part in the gaming industry’s future.”

According to Brian Kinane, director of Pluto Digital Plc, “We are delighted to become Maze Theory’s biggest investor and partners in the new firm, Emergent Games. We think that combining our advanced blockchain engineering and tokenization skills with the Maze Theory team’s game inventiveness will result in the establishment of a premier future generation web3 metaverse gaming studio.”

AuthorKelly Cromley

Kelly is our in house crytpto researcher, delving into the stories which matter from blockchains being used in the real world to new ico coming out.