Former Disney boss launches Web3 game publisher with Marvel, Star Wars talent

cyptouser3 months agoCryptocurrencies News69
1205f261>

A team of Hollywood and gaming luminaries has joined forces to launch a AAA Web3 games publisher in the United Arab Emirates. 

Dubbed Galactic Entertainment Publishing, the recently launched venture represents the first arm of parent company Galactic Group.

The firm’s inaugural endeavor, PlanetQuest, has been in active development since 2022. Loren Roosendaal, CEO of Galactic Entertainment and founder of PlanetQuest, told Cointelegraph that despite the game not having launched yet, it’s installed a massive user base:

“PlanetQuest passport holders account for over 300,000 connected wallets, over 200,000 of which hold one or more PlanetQuest NFTs.”

AAA franchise experience

The team behind PlanetQuest is comprised of former employees from Disney, Warner Bros., Activision-Blizzard and Epic. Their previous individual credits include a bevy of franchises, from films such as The Batman, Avengers and Blade Runner to AAA games such as Fortnite, Call of Duty, and Star Wars: Jedi Survivor.

The firm’s chief creative officer, Jon McCoy — who has worked on AAA Hollywood blockbusters throughout his career — said those experiences couldn’t compare with his work with Galactic Group:

“Naturally no first attempt at something new is perfect, but it’s been amazing getting to create a sci-fi universe with the fans in a way that’s never been attempted before. I’ve gotten to fulfill a lot of my childhood dreams, working on Star Wars, Blade Runner and Marvel movies to name a few, but there’s little that compares to being able to interact and build with the fans from day one.”

PlanetQuest

The company’s first title, PlanetQuest, has been described as existing in a “Star Wars-like” world full of assets that players can own and trade. Everything from ships to entire planets can be copped as digital assets that, ostensibly, players can keep for their own game use or sell/trade to other players for native currency.

Galactic currently has plans to launch tie-in media for PlanetQuest, including novels, comic books and another game to be revealed later, according to a report from VentureBeat.

Related: Disney launches NFT platform with Dapper Labs

The content on this website comes from the Internet. Due to the inconvenience of proofreading the authenticity and accuracy of the copyright or content of some content, it may be temporarily impossible to confirm the authenticity and accuracy of the copyright or content. For copyright issues or other issues caused by this, please Call or email this site. It will be deleted or changed immediately after verification.

related articles

BlackRock and Fidelity's Bitcoin ETFs make history with record streak of inflows

BlackRock’s iShares Bitcoin Trust (IBIT) and the Fidelity Wise Origin Bitcoin Trust (FBTC) have brok...

Bitcoin return to $71K would wipe $1.38B shorts

Bitcoin return to $71K would wipe $1.38B shorts

55966e89˃Should Bitcoin (BTC) quickly rebound from its recent dip to its June 6 price of $71,000, ov...

Reddit ends blockchain Community Points; says there's 'no path to scaling it'

Social news platform Reddit has announced it will discontinue its Community Points beta and Special...

CryptoPunks record another $16M NFT sale in March

CryptoPunks record another $16M NFT sale in March

25cc9d4a˃Blue-chip nonfungible token (NFT) collection CryptoPunks saw another record-breaking sale i...

EasyA announces 1 million devs in ecosystem

55966e89˃EasyA, a Web3 education platform and incubator, recently announced it had reached a signifi...

Turkey proposes aligning crypto legislation with international standards

55966e89˃The Turkish ruling party submitted the draft crypto bill to the parliament on May 16. The b...