Param Labs, a leading game and technology development company based in Abu Dhabi, has formed a strategic partnership with Animoca Brands, a company focused on advancing digital property rights for gaming and the open metaverse.
The goal is for Param Labs to leverage Animoca Brands’ expertise to strengthen its go-to-market strategy, especially for launching innovative Web3 products. Animoca Brands will also help refine Param Labs’ blockchain and token economy design.
Some of Param Labs’ notable products include Kiraverse, a Web3 tactical RPG game, and Pixel To Poly, a platform that transforms 2D NFT art into 3D game-ready assets for use in games like GTA V and Fortnite Creative Mode.
As part of the partnership, Param Labs will introduce its Pixel To Poly platform to selected Animoca Brands projects and companies, enabling the AI-driven conversion of 2D art into 3D game assets – streamlining advanced asset creation.
Param Labs has several upcoming initiatives planned, including an NFT free mint launch and releasing a lite paper detailing its game economy and infrastructure plans – utilizing modular blockchain architecture with parallelized VMs.
Both companies share a vision of enabling true digital ownership for gamers. With Animoca Brands’ support, Param Labs is well-positioned to break new ground in Web3 gaming, especially in the MENA region.
The partnership brings together the companies’ aligned goal of redefining gaming by ensuring gamers derive genuine value and ownership of digital assets.
