Key Points

• String Metaverse blends gaming with blockchain, AI, and DeFi.

• Reported ₹137.82 crores revenue in H1 FY25, with global expansion in UAE.

• String Esports 2.0 and IdleMine drive user engagement.

• Plans for Web 3.0 browser, AI games, and digital arcade.

• Targets 30 million users by 2027 with free gaming model.

String Metaverse, a trailblazing Web 3.0 company headquartered in Hyderabad, India, is reshaping the gaming landscape by integrating blockchain technology, artificial intelligence (AI), and decentralized finance (DeFi). This innovative fusion allows gamers to not only enjoy immersive experiences but also earn tangible rewards, transforming gaming from a pastime into a viable career path. With platforms like String Esports 2.0 and IdleMine, String Metaverse has captured the attention of millions, supported by robust financial performance and a bold vision for the future. The company’s mission is to create a gamified financial ecosystem where players, content creators, and even viewers can thrive, making it a standout in the evolving digital economy.

Financial Success and Growth: A Strong Foundation

• Revenue Milestone: Achieved ₹137.82 crores in revenue for H1 FY25.

• Profit Performance: Recorded ₹12.13 crores profit after tax, despite a one-time merger expense.

• String X Growth: Processes $200 million monthly trading volume, targeting $1 billion by 2027-28.

String Metaverse has demonstrated remarkable financial strength, reporting a consolidated revenue of ₹137.82 crores and a profit after tax (PAT) of ₹12.13 crores for the first half of FY25 (April to September 2024), even after a one-time expense of ₹2.45 crores related to merger stamp duty and authorized capital fees. This financial success underscores the growing adoption of its platforms, such as String Esports 2.0 and IdleMine, which have attracted a significant user base. A key driver of this growth is String X, the company’s digital advisory platform, currently processing $200 million in monthly trading volume, encompassing both centralized and decentralized trading. String Metaverse has set an ambitious target to scale this to $1 billion within three years, aiming for a 100% compound annual growth rate (CAGR) by 2027-28. By integrating with major blockchains like Solana, Ethereum, and Binance Smart Chain, String X is expanding its capabilities in decentralized finance and high-frequency trading, further solidifying the company’s financial foundation.

Global Expansion: Building a Worldwide Gaming Ecosystem

• UAE Licenses: Secured AI, blockchain, and esports licenses in RAK DAO.

• International Presence: Operates offices in India, UAE, and Hong Kong.

• Community Building: Fosters a global gaming community for diverse players.

String Metaverse is not confining its ambitions to India; it’s making significant strides globally. The company has secured strategic licenses in the UAE’s Ras Al Khaimah’s RAK DAO, including approvals for AI, blockchain, digital asset trading, and esports. These licenses are pivotal, enabling String Metaverse to organize more frequent and high-stakes esports tournaments, tap into new markets, and enhance its global footprint. With international offices in Gift City, Hyderabad, the UAE, and Hong Kong, the company is strategically positioned to capitalize on the burgeoning digital economy. This global expansion fosters a more inclusive gaming community, allowing players from diverse regions to connect, compete, and earn, thereby amplifying String Metaverse’s impact on the international gaming scene.

Innovative Product Pipeline: Shaping the Future of Gaming

• Web 3.0 Browser: Developing a secure gateway for decentralized applications.

• AI-Powered Games: Introducing AI-driven poker and rummy games.

• Digital Arcade: Blending retro and modern games in a free-to-play model.

String Metaverse’s vision extends beyond current offerings, with an exciting pipeline of products set to redefine the gaming landscape. The company is developing a Web 3.0 browser that will serve as a secure gateway to decentralized applications (dApps), simplifying interactions with blockchain-based platforms for gamers. Additionally, AI-powered games are in the works, introducing innovative features to classic games like poker and rummy, enhancing strategy and gameplay through AI-driven mechanics. A Web 3.0 digital arcade is also on the horizon, blending nostalgic classics from the 80s and 90s with modern titles, all offered in a free-to-play model. These upcoming products aim to immerse players in skill-based entertainment while leveraging cutting-edge AI and blockchain technologies, ensuring that String Metaverse remains at the forefront of gaming innovation.

String Esports 2.0: The Heart of Competitive Gaming

• Platform Launch: Launched in October 2024 on the Solana Network.

• Tournament Success: Hosted over 300 tournaments with 2 million YouTube views.

• Inclusive Ecosystem: Rewards players, creators, and viewers with digital assets.

At the core of String Metaverse’s offerings is String Esports 2.0, a blockchain-integrated platform launched on October 16, 2024, that’s taking competitive gaming to new heights. Leveraging the Solana Network, known for its transaction speeds of over 20,000 TPS and low costs, String Esports 2.0 delivers a seamless experience for players worldwide. Gamers can compete in daily tournaments for popular titles like Call of Duty, Free Fire, and Valorant, with the chance to earn digital assets through gameplay. The platform’s inclusivity is a standout feature, allowing content creators and viewers to earn rewards as well, creating a community-driven ecosystem. Since its launch, String Esports 2.0 has hosted over 300 tournaments and garnered more than 2 million views on YouTube, showcasing its growing popularity. With its recent acquisition of esports hosting licenses in the UAE’s Ras Al Khaimah’s RAK DAO, the platform is set to organize even more frequent and high-stakes tournaments, further solidifying its position as a leader in competitive gaming.

IdleMine: Gaming Made Rewarding for Everyone

• Massive Adoption: Surpassed 1 million downloads on Google Play Store.

• Simple Gameplay: Earn USDT through thumb-inking gameplay.

• User Engagement: Over 400,000 users spend 40 minutes daily on average.

For those who prefer a more casual gaming experience, IdleMine is a game-changer. This play-to-earn mobile game, available on both iOS and Android, has already surpassed 1 million downloads on the Google Play Store. In IdleMine, players can earn USDT (a stablecoin pegged to the US dollar) simply by holding their thumb on the screen in a thumb-inking game. It’s a no-fuss way to make money while gaming, appealing to both hardcore gamers and casual players looking to monetize their time. With over 400,000 users spending an average of 40 minutes daily on the game, IdleMine is proving that play-to-earn gaming can be both accessible and engaging. This game is a perfect example of String Metaverse’s mission to gamify financial transactions, making earning cryptocurrency as easy as playing a game.

Impact on the Gaming Industry: A New Era of Empowerment

• Financial Empowerment: Enables gamers to earn through play-to-earn models.

• Community Growth: Over 2 million active users and 126 billion seconds of engagement.

• Attention Economy: Taps into a $7 trillion market with digital communities.

String Metaverse’s impact on the gaming industry is profound, creating a new paradigm where gaming is not just about entertainment but also about financial empowerment. By integrating blockchain and AI into mainstream gaming, the company is enabling gamers to earn real rewards through competitive tournaments, play-to-earn games, and content creation, turning their passion into a potential career. With over 2 million active users across its gaming platforms and 126 billion seconds of engagement in just six months, String Metaverse is building a vibrant, inclusive community that’s both engaging and profitable. Their focus on the “attention economy,” valued at over $7 trillion globally, positions them at the forefront of a market that values user engagement and interaction.

Why It Matters to Gamers: A Platform for All

• Diverse Opportunities: Compete, earn crypto, or explore AI-driven games.

• User Goal: Aims for 30 million users by 2027 with free gaming.

• Community Focus: Creates a space for gamers to connect and grow.

For gamers, String Metaverse is a game-changer. It’s a platform where your love for gaming can translate into real-world rewards. Whether you’re competing in high-stakes tournaments on String Esports 2.0, earning crypto through IdleMine, or exploring AI-powered games in their upcoming digital arcade, there’s something for every type of gamer. But it’s not just about the money—String Metaverse is also about community and innovation. With plans to reach 30 million users by 2027 through a free gaming model, they’re creating a space where gamers can connect, compete, and grow together. For example, imagine you’re a Valorant player who loves competing online. With String Esports 2.0, you could join a tournament, win digital assets, and even earn rewards as a streamer if you share your gameplay. Or, if you’re a casual gamer, you could play IdleMine during your commute and earn a little extra crypto without breaking a sweat. It’s this flexibility and accessibility that makes String Metaverse so exciting, offering opportunities for everyone to thrive in the digital economy.

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