Binance Labs-Backed AlterVerse Secures Spot in Reef Labs' $10M Accelerator Program!

Binance Labs-Backed AlterVerse Secures Spot in Reef Labs' $10M Accelerator Program!

Reef Labs extends congratulations and a warm welcome to AlterVerse, the first project selected under the Accelerator Program from a pool of over 350 applications received to date.

AlterVerse is an amazing platform for game creators. They can use the powerful Unreal Engine to build Web3 games with stunning graphics, artificial intelligence, and immersive 3D environments. In the future, AlterVerse will release game development tools that will allow creators to unleash their creativity and make their own awesome games within the platform.

Thorough Evaluation: Evaluating Team, Progress, and Community Dynamics

The evaluation and selection process for AlterVerse within our Accelerator Program involved a comprehensive series of meticulously conducted reviews by the Reef Labs team. In the initial stage, we delved into analyzing AlterVerse's exceptional value propositions, foreseeing its potential for remarkable growth in the future, exploring its roadmap, comprehending the intricacies of its tokenomics, and understanding the underlying technical architecture.

Additionally, we evaluated the team's experience and expertise, progress, Gitbook, Product, community, and the valuable contributions of backers, supporters, advisors, and partners. This meticulous assessment revealed AlterVerse as an outstanding project ready for success.

Fostering Innovation: AlterVerse Embarks on a New Journey on the Reef Chain!

After proving its excellence with Binance Labs’ backing, AlterVerse has taken a further step towards unlocking its maximum potential and growth with our Accelerator Program. This move not just exemplifies their commitment to constant growth and expansion but also validates their plans to bring much more to the table for the Reef Community.

  • Starting this journey with us, AlterVerse will be integrating into the Reef Chain.
  • AlterVerse will deploy their in-game asset NFT collection on the Reef that will come with unique utilities and will be accessible to the Reef community.
  • There will also be a marketplace on AlterVerse, allowing both communities a better and more seamless experience in accessing these unique NFTs. Check them out here: https://www.alterverse.com/category/vehicles
  • Following the initial milestone of this acceleration period with AlterVerse, the Reef Labs team will share a close overview of our accomplishments together through community demo days.
  • AlterVerse's Sky City Closed Beta access is LIVE every two weeks, which offers an exclusive sneak peek into the game and an opportunity for players to provide valuable feedback geared up towards enhancing the game. To participate in the upcoming Closed Beta play sessions, visit: https://www.alterverse.com/news/3rd-closed-beta-preview-competitions
  • Be ready for the next Closed Beta play session by downloading the Sky City game launcher here: https://alterverse.com/download

Extended Support. Extensible Growth!

Throughout the acceleration period, Reef Labs and the AlterVerse team will engage in close collaboration, united by a shared vision of achieving our agreed-upon objectives.

Together, our primary focus will be to drive the widespread adoption of AlterVerse's product portfolio while actively seeking feedback from the community to guide future development. Drawing upon Reef Labs' expertise in gaming, we will support in strategizing the go-to-market plan for AlterVerse's products and NFT launches.

Moreover, Reef Labs will dedicate efforts towards securing valuable partnerships within the web3 space to provide additional support to the project. As part of the Accelerator Program, AlterVerse will receive extensive support from the Reef Labs team and ecosystem.

AlterVerse will get access to leverage the global community of Reef Chain to ensure that the project scales and expands its community effectively with greater visibility and recognition worldwide. This collaboration will pave the way for a thriving and prosperous future for AlterVerse.

Web3 gaming is expanding massively, and AlterVerse is taking it to the next level. Follow AlterVerse social announcement channels to get the latest updates on their expansion with Reef Labs Accelerator Program.

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Learn more about Reef Labs $10M Accelerator Program here:

https://blog.reef.io/reef-labs-is-introducing-a-10m-accelerator-program-to-support-web3-projects-in-the-middle-east

About AlterVerse

AlterVerse is a world and game creation ecosystem that creators can use to build Web3 games with realistic graphics and AI integration.

Developed with the stunning visuals and powerful capabilities of Unreal Engine, AlterVerse brings realistic graphics, compelling game design, expansive 3D environments, and authentic economies to players.

Once the flagship titles have proven their mettle on the AlterVerse platform, the team will release game development tools for public use.

This will empower everyday players to craft their own high quality games and experiences within the AlterVerse, offering unprecedented creative freedom.

About Reef

Reef is an EVM-first blockchain designed to make Web3 accessible for the next billion users. Reef offers high scalability, and affordable transactions, and utilizes Nominated Proof of Stake, extensible EVM, and on-chain upgradability.

Reef is the future blockchain for NFTs, DeFi, and gaming. It can easily accommodate the needs of the future of Web3 development. Reef is an ideal blend of old and new, a trait that makes it eternal and timeless.

Stay tuned to our socials, and never miss any update from Reef!

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