{"id":18846,"date":"2023-05-24T16:06:05","date_gmt":"2023-05-24T16:06:05","guid":{"rendered":"https:\/\/nftandcrypto-news.com\/nft\/hape-parent-company-digimental-studio-acquired-for-12m\/"},"modified":"2023-05-24T16:06:17","modified_gmt":"2023-05-24T16:06:17","slug":"hape-parent-company-digimental-studio-acquired-for-12m","status":"publish","type":"post","link":"https:\/\/nftandcrypto-news.com\/nft\/hape-parent-company-digimental-studio-acquired-for-12m\/","title":{"rendered":"Hape Parent Company Digimental Studio Acquired for $12M"},"content":{"rendered":"
In a strategic move that could signal significant implications for the metaverse, Vertex Labs, the UK-based Web3 and AI infrastructure company, has announced its acquisition of Digimental Studio, the creative force behind the 3D NFT fashion brand Hape, for $12 million. The acquisition is expected to strengthen Vertex Labs\u2019 standing as a provider of Web3 and AI infrastructure worldwide.<\/p>\n
Digimental Studio is set to merge with Vertex Labs\u2019 metaverse protocol, Vertex Network, and 3D metaverse platform, LightCycle, the latter of which Digimental will take the lead on the creation and development of. The move promises to expand Digimental\u2019s offerings, signifying a landmark for the Hape project, which has swiftly gained a strong and loyal following since its launch in 2021. <\/p>\n
\u201cThe shared vision is for HAPE to become the go-to destination within the fashionverse and a home for its community members through its integration into Vertex Lab\u2019s 3D metaverse platform, LightCycle,\u201d the Hape team wrote while announcing the deal on Twitter<\/a>.<\/p>\n