Republic, a global technology company supporting the digital transformation of finance and investing, and Creta, a Web3-based multiverse gaming platform formed by a coalition of developers, creators, producers, are announcing their partnership with eyes towards collaboration in the Web3 development space.
Republic is an financial technology company “enabling the transformation of finance and the democratization of investing.”
Headquartered in New York City, NY, Republic has “a global presence with operations in the UK, UAE, and South Korea.”
Backed by Valor Equity Partners, Galaxy Interactive, Morgan Stanley, Hashed, AngelList, and others, Republic’s ecosystem has made it possible for 3+ million community members across 150+ countries “to deploy $2.6+ billion into thousands of private ventures.”
In 2016, Republic Crypto was established as a division “to service and consult both top venture-backed Web3 projects and major institutions alike, and is now considered the leading provider of web3 advisory services, specializing in digital economy design, full-spectrum tokenization, blockchain infrastructure, and digital asset management.”
Creta is a global Web3 metaverse gaming platform “headquartered in the UAE with offices in Japan and Armenia.”
The Creta platform is developed by Diverse, a South Korean company specializing in metaverse games with “a high-performance game engine and excellent graphics technology.”
The Web3-based platform uses “a public blockchain called Locus Chain.”
Creta implements “a multiverse where numerous metaverses of photorealistic visual quality can interconnect and expand.”
Creta uses the blockchain mainnet Locus Chain, which “replaces most roles of servers in online games and significantly reduces infrastructure costs.”
Republic engages in supporting “the growth of early-stage startups in the Web3 industry by offering a range of services, including economy design, marketing, token offerings, smart contract development, capital support, business development, NFT strategies.”
Republic has involvement in projects “including Avalanche, Polygon, Aptos, DappRadar, and Star Atlas and has an incredible track record of establishing Web3 project startups in the market.
As an advisory firm, Republic advises enterprises in the Web3 space, “including one of the big 4 in the US, as well as major conglomerates throughout the Asia Pacific Region.”
As a force in the Web3 landscape, Republic is strategic in their partnerships. After a comprehensive evaluation, the company has chosen “to collaborate with Creta.”
Republic is dedicated to fostering “the Web3 ecosystem alongside Creta, and their partnership will involve advisory services, research-driven token economics, and investment facilitation. As a blockchain entertainment platform where users can enjoy living as players of high-end games and metaverses and creators of their own content and universe, Creta will utilize Republic’s enterprise services to grow their potential.”
Republic is extending support to “design Creta’s Platform Economy, also known as Creta World.:
Creta will host a token sale in collaboration “with Republic, and that token will grant users access to all of Creta’s products and other user creations.”
Designers can create games in the Creta platform, and Creta also “has its own portfolio of engaging games for users to enjoy.”
Beyond advisory services, Republic’s digital asset suite aims “to catalyze the growth of Creta’s content and the platform’s ecosystem.”
Further, through Republic’s regulated and compliant token sale program, Republic will “engage its 3 million-strong investor community in Creta’s ecosystem.”
Republic investors will have the opportunity to directly “participate in Creta by driving the integration of the Creta platform with login and wallet systems.”
Thomas Vu, acclaimed for his role in the success of “League of Legends” and the Emmy-winning “Arcane,” has joined forces with Creta as well.
Vu, known for his work with Riot Games and the creation of the K/DA group, is collaborating with Creta on game incubation initiatives and upcoming media programs. Their partnership aims to “capture emerging markets in the Middle East and India, with Creta establishing a growth fund to incubate Web3 games.”
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