Mr. Andrew Kiguel reports

TOKENS.COM DEVELOPING MOBILE WEB3 GAME

Tokens.com Corp.'s subsidiary, Hulk Labs, is in the advanced development phase of creating a proprietary mobile phone-based Web3 video game titled Astraeus Defense.

According to the Federal Trade Commission -- gaming is the largest sector of the entertainment industry with an estimated 3.2 billion gamers globally. Surpassing the combined revenues of the music and film industries, gaming generates a sum exceeding $170-billion annually. Citi GPS estimates the number of Web3 wallets to surge from one million in 2022 to between 50 million and 100 million by 2025.

Mobile games offer a larger addressable global player base, outnumbering PC (personal computer) and console players. The Hulk team has identified this burgeoning opportunity in the video game industry and is positioning itself to be ahead of this shift as gamers move from Web2 consoles and PCs to mobile play-to-earn Web3 video games.

Astraeus Defense is a competitive multiplayer sci-fi combat game that allows players to take on the role of one of eight unique extraterrestrial species. Targeted at the Zalpha Generation (a combination of generations Alpha and Z), Astraeus Defense will be a mobile-first game, with innovative Web3 economic mechanics developed by Hulk Labs. Astraeus Defense leverages the most popular mechanisms from successful Web2 and Web3 minigames, which it pairs with a custom tokenomics system, bringing a novel experience to Web3 gaming.

In creating the game, Hulk has employed AI (artificial intelligence) technology to develop the concept and establish some of the 2-D game art. The team has also employed an AI assistive tool to enhance efficiency of certain aspects of the game's 3-D animation process.

Under new leadership, Hulk Labs is utilizing its in-house expertise to launch games for brands and further develop its product offerings. The studio will focus on creating proprietary and branded mobile games targeted at the Zalpha Generation.

"We have strategically evolved our approach at Hulk Labs by ramping up the development of our game studio. As part of this, we are excited for the launch of our game specifically targeted at play-to-earn mobile users. Gaming is a massive market undergoing a shift. We have repositioned Hulk to service this growing opportunity," says Andrew Kiguel, chief executive officer of Tokens.com. "Hulk Labs boasts an exceptional team of highly skilled developers and tokenomics experts, which allows us to build out our own product lines, and gives us the capabilities to service branded games for brands and businesses exploring Web3 gaming."

Additionally, Hulk Labs has expanded its team and has hired additional staff to support game development, product development and core game analytics. The expanded team enables Hulk to deliver on client brand projects and further the development of its data product.

Astraeus Defense will be initially beta tested for use in 2023 and is scheduled for full release in Q1 of 2024. For more information on Astraeus Defense, visit the game's website.

About Tokens.com Corp.

Tokens.com is a publicly traded company that invests in Web3 assets and owns an inventory of digital assets. The company focuses on three operating segments: (i) crypto staking; (ii) the metaverse; and (iii) Web3 gaming. The company also owns a portfolio of Web3-related domain names.

Staking operations occur within Tokens.com. Metaverse operations occur within a subsidiary called Metaverse Group. Web3 gaming operations occur within a subsidiary called Hulk Labs. All three businesses are tied together by the utilization of blockchain technology and are linked to high-growth macro trends within Web3. Through sharing resources and infrastructure across these business segments, Tokens.com is able to efficiently incubate these businesses from inception to revenue generation.

About Hulk Labs

Hulk Labs is a Web3 gaming studio, with a focus on three key areas: (i) Web3 game economics and branded games for clients; (ii) data analytics through the creation of a Web3 gaming dashboard for players; and (iii) the creation of unique mobile games. With an estimated 3.2 billion gamers globally, and growing daily, Hulk Labs has positioned itself to be ahead of the shift in gaming, as gamers move from Web2 consoles and PCs to mobile play-to-earn Web3 video games. Additionally, Hulk offers expert consultation services in Web3 gaming to brands seeking to tap into this exciting space. Hulk Labs is a subsidiary of Tokens.com, a publicly traded company that builds Web3 businesses. Hulk Labs operates at the forefront of the Web3 gaming revolution.

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