Champion Gaming Enters Metaverse Space By Helping Web3 And NFT Firm Long Lost Friends

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Champion Gaming Group Inc. (TSXV:WAGR) announced that it has engaged Long Lost Friends’ Web3 and NFT company to help the company develop and implement its metaverse and NFT strategy.

The company has identified actionable opportunities in the metaverse, NFT and crypto space for itself and its two main brands, Football Outsiders and EdjSports. Long Lost Friends brings its expertise and creativity to enhance and accelerate the Company’s efforts around its Web3 strategy, including developing the roadmap and strategic documents necessary for the Company to realize these selected opportunities.

“We anticipate that in the very near future, every person will have a parallel digital identity – avatars, crypto wallets, digital assets will be the norm,” said Ken Hershman, co-founder and CEO of Champion Gaming. “By combining our company’s industry-leading, sports betting-focused content, data and analytics with this unlimited new virtual world, we will empower our clients to leverage strategies, next-gen tools and technologies to inhabit virtual worlds for all their sports betting and fantasy sports activities.

Partnering with Long Lost Friends meets our strategic goal of entering the metaverse by leveraging the expertise of a team that has been a pioneer in the web3 space and has already shown tremendous success in organizing and advising deals for other major brands, including Superplastic, StockX and Ambush. Our first step is to work with long-lost friends to identify actionable opportunities and build a roadmap to execute that plan.”

“We are delighted to be working with Champion Gaming and their world-class brands Football Outsiders and EdjSports,” said Nelson Diaz, Director of Long Lost Friends. “We look forward to helping them create the next generation of community and experiences around sports betting, where fans can interact, compete, collect and interact with each other, experts, influencers and content creators who have become so essential for the sports betting player. The ultimate goal is to build an ecosystem where sports fans and their families can have fun and learn about sports in a safe and secure virtual experience.”

The metaverse is a combination of several technological elements, including virtual reality, augmented reality and video where users “live” in a digital universe; it may also contain elements or be integrated with blockchain technology. An NFT is a blockchain-based digital asset that represents real-world objects like art, music, in-game unlockables, and videos. They are bought and sold online, often with cryptocurrencies.

This post contains sponsored advertising content. This content is for informational purposes only and is not intended to be investment advice.

Laura J. Boyer