InfiniteWorld and the Pixlverse Announce Strategic Web3 Partnership

Rhea-AI Summary

Aries I Acquisition Corporation (NASDAQ: RAM) has partnered with InfiniteWorld to enhance Web3 infrastructure through asset creation, gamification, and distribution services for the Pixlverse. This collaboration positions InfiniteWorld as a key funding partner, focusing on the metaverse's asset development. Recently, the Pixlverse's Pixl Pets collection achieved notable success, minting 15,000 assets within hours and generating over $6M in secondary sales on OpenSea. This partnership signifies a substantial step towards strengthening the metaverse ecosystem.

Positive

• Partnership with Pixlverse enhances infrastructure for asset creation and gamification in Web3.
• Pixlverse's success with 15k Pixl Pets minted within hours shows strong market demand.
• Over $6M in secondary sales volume indicates robust interest and engagement in Pixlverse.

Negative

• None.

With an emphasis on building infrastructure for Web3, the partnership between InfiniteWorld and Pixlverse will include asset creation, gamification, and distribution access and advisory services.

GEORGE TOWN, Cayman Islands--(BUSINESS WIRE)-- The Web3 metaverse platform the Pixlverse and InfiniteWorld/Aries I Acquisition Corporation (NASDAQ: RAM) (“Aries”) announce a new partnership focusing on building out infrastructure around asset creation, gamification, and distribution for Web3. InfiniteWorld will provide asset creation and gamification services, and function as an initial funding partner for Pixlverse.

Proving to be one of the most popular metaverse projects, The Pixlverse recently minted all 15k of their Pixl Pets collection in hours and have maintained a steady spot on OpenSea’s trending projects with over $6M in secondary sales volume since their release.

For media inquiries, please contact Nick Rodriguez at (310) 260-7901 or Nick(at)MelrosePR(dot)com

About InfiniteWorld

InfiniteWorld, part of the SUKU Ecosystem, is dedicated to provide Plug & Play NFT infrastructure and utility to enable global brands to build their identity on the metaverse in a scalable, secure and innovative way. InfiniteWorld helps brands and creators increase engagement, traceability and authenticity for real world and virtual products, events, and interactive experiences. With InfiniteWorld's own NFT marketplace, NFC tags authenticity technology, white-label NFT marketplace solution, and NFT utility tools, InfiniteWorld is the go-to place for brands and creators venturing into the Metaverse. InfiniteWorld announced plans to become a publicly traded company through a SPAC merger with Aries I Acquisition Corporation expected to close during 1H22.

About Aries I Acquisition Corporation

Aries I Acquisition Corporation was founded by its Chairman, Thane Ritchie. The Company is a blank check company whose business purpose is to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. While the Company may pursue an initial business combination target in any industry or geographic region, the Company intends to focus its initial business combination search on the following industry segments: aerospace, satellites, and space exploration; quantum computing and chemistry; artificial intelligence and machine learning; cybersecurity; and blockchain and digital currencies.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220207005883/en/

Nick Rodriguez at (310) 260-7901 or Nick(at)MelrosePR(dot)com

 

Source: Aries I Acquisition Corporation

FAQ

What is the partnership between Aries I Acquisition Corporation and InfiniteWorld about?

The partnership focuses on building infrastructure for asset creation, gamification, and distribution in the Web3 metaverse.

How successful has the Pixlverse been in the market?

The Pixlverse minted all 15,000 of its Pixl Pets collection in hours and achieved over $6M in secondary sales volume.

What is the stock symbol for Aries I Acquisition Corporation?

The stock symbol for Aries I Acquisition Corporation is RAM.

What services will InfiniteWorld provide to Pixlverse?

InfiniteWorld will provide asset creation, gamification services, and serve as an initial funding partner for Pixlverse.

What industry does Aries I Acquisition Corporation focus on for its business combinations?

Aries I Acquisition Corporation focuses on aerospace, satellites, space exploration, quantum computing, AI, cybersecurity, and blockchain.