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Virtual Interactive Technologies Corp. will develop and publish a category-first metaverse gaming experience to complement its proprietary slate of original games

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Virtual Interactive Technologies Corp. (OTC: VRVR), a developer and publisher of video games, is advancing its focus on original games and creating a next-generation metaverse game. This innovative project aims to provide immersive experiences by utilizing blockchain and digital assets, potentially transforming traditional financial interactions into engaging gaming experiences. The Company continues to build on its existing game catalog, including titles associated with Duane Lee 'Dog' Chapman. VRVR emphasizes its strategy to enhance shareholder value through proprietary game development.

Positive
  • Development of a next-generation metaverse game targeting immersive gaming experiences.
  • Focus on proprietary game development for sustainable revenue streams.
  • Innovative integration of blockchain and digital assets in gaming.
Negative
  • No specific financial metrics or projected revenue figures provided.
  • Forward-looking statements carry inherent risks and uncertainties.

Denver, Colorado, Oct. 24, 2022 (GLOBE NEWSWIRE) -- Virtual Interactive Technologies Corp., (OTC: VRVR) ("VRVR" or the "Company"), an American multi-platform video gaming developer and publisher, announces it is continuing to develop its proprietary slate of original games, to now include a unique next-generation metaverse game providing experiential immersion gaming experiences that it will publish on leading mobile and web platforms.

The Company is now a next-generation original games and metaverse developer and publisher, that creates digital immersion experiences by harnessing the latest technologies, including Blockchain and digital assets. The Company is building a metaverse that replaces traditional boring financial experiences with a new paradigm, "global Prosperity space" (gPs). This new asset class dynamically augments global and local realities and builds communities of aligned financial values, virtuous economies, and a trusted network. The result would be a metaverse game combining the glamorous world of Wall Street, High-Speed trading, community building, quantified self, and NFTs – a pure adrenaline rush!

In addition, the Company continues to build on its successful proprietary game catalog that includes Duane Lee "Dog" Chapman, of the "Dog The Bounty Hunter" fame, Carmageddon Max Damage, Carmageddon Crashers, Interplanetary: Enhanced Edition, Catch & Release, and Worbital.

The Company is continuing its innovative and targeted strategy to maximize shareholder value. It believes that being the developer and publisher of its own proprietary immersive gaming experiences is the best way to create long-term sustainable revenue streams.

About Virtual Interactive Technologies Corp.

Virtual Interactive Technologies Corp (OTC: VRVR) or ("the Company") is a next-generation game and metaverse developer publisher that creates experiential immersion experiences by harnessing the latest technologies, including Blockchain and digital assets. The Company's newly launched brand, Extrosive, is building a metaverse that replaces traditional boring financial experiences with a new paradigm, "global Prosperity space" (gPs). This new asset class dynamically augments global and local realities and builds communities of aligned financial values, virtuous economies, and a trusted network. The result would be a metaverse game for the glamorous world of Wall Street, High-Speed trading involving community building, quantified self, and NFTs – a pure adrenaline rush! In addition, the Company continues to build on its successful catalog that includes Carmageddon Max Damage, Carmageddon Crashers, Interplanetary: Enhanced Edition, Catch & Release, and Worbital. The Company also entered into a joint development partnership with Duane Lee "Dog" Chapman, of the "Dog The Bounty Hunter" fame, to develop and promote multiple games across several platforms.

For Additional Information:

Investor Relations info@vrvrcorp.com

Safe Harbor Statement / Forward-Looking Statements

Statements included in this press release, which are not historical in nature, are forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Statements relating to the future performance of the Company are subject to many factors including, but not limited to, the customer acceptance of the products in the market, the introduction of competitive products and product development, the impact of any product liability or other adverse litigation, working capital and availability of capital, commercialization and technological difficulties, the impact of actions and events involving key customers, vendors, lenders, competitors, and other risks. Such statements are based upon the current beliefs and expectations of the Company's management and are subject to significant risks and uncertainties. Actual results may differ from those set forth in the forward-looking statements. When used in this press release, the terms "anticipate", "believe", "estimate", "expect", "may", "objective", "plan", "possible", "potential", "project", "will", and similar expressions identify forward-looking statements. The forward-looking statements contained in this press release are made as of the date hereof, and we do not undertake any obligation to update any forward-looking statements, whether as a result of future events, new information, or otherwise.


FAQ

What is the next-generation metaverse game being developed by VRVR?

VRVR is developing a unique next-generation metaverse game that will provide experiential immersion gaming experiences on mobile and web platforms.

How is VRVR planning to enhance shareholder value?

VRVR aims to enhance shareholder value through the development and publishing of proprietary immersive gaming experiences.

What technologies is VRVR using in its game development?

VRVR is harnessing the latest technologies, including blockchain and digital assets, to create its games.

Which games are included in VRVR's existing catalog?

VRVR's catalog includes titles like Carmageddon Max Damage, Interplanetary: Enhanced Edition, and games associated with Duane Lee 'Dog' Chapman.

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19.17%
Electronic Gaming & Multimedia
Communication Services
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United States of America
Denver