Vertex Labs Acquires Digimental Studio

Caduceus
3 min readMay 25, 2023

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Caduceus Metaverse Protocol is one of a suite of products developed by the technology infrastructure company, Vertex Labs (VertexLabs.uk). Along with Vertex Network, the decentralised real-time edge rendering engine, and LightCycle, the 3D metaverse platform, the Caduceus blockchain provides the foundational layer for metaverse and Web3 dApp development. Digimental Studio is the driving force behind 3D NFT fashion brand, HAPE, which has previously partnered with Caduceus. Now, Vertex Labs has acquired Digimental for $12 million USD, bringing it and the HAPE brand into the Vertex Labs family.

From a Caduceus perspective, HAPE’s partnerships with Italian fashion giant, Diesel, and iconic global lifestyle brand, Jagermeister, represent especially exciting avenues for Web3 integration with traditional brands and industry. As the supporting blockchain for LightCycle, Caduceus welcomes the integration of the HAPE ecosystem and is looking forward to the creative leadership from Digimental in the LightCycle metaverse.

In 2011, Digimental Studio was established and later in 2021, it introduced its remarkable creation, HAPE. Currently boasting a trading volume of $US200 million, HAPE has achieved the status of having the largest NFT community worldwide, comprising over 420,000 Discord members and a global, cross-platform community exceeding 1 million members. The rapid rise of HAPE has garnered a devoted following of collectors who are captivated by its iconic digital art, which draws inspiration from street fashion, technology, and music. The release of 8,192 unique Ethereum-based NFTs called HAPES shattered previous records, attracting over 450,000 community members to the HAPE Discord channel. Resale purchases for these HAPEs have exceeded $20,000 per unit on OpenSea. Solidifying its presence in the fashion realm, HAPE recently collaborated with the renowned Italian fashion powerhouse, Diesel. This partnership resulted in a limited edition NFT collection that offers exclusive physical and digital rewards. By engaging in such collaborations, HAPE demonstrates its commitment to innovation alongside brands, effectively bridging the gap between Web2 and Web3.

The Caduceus Metaverse Protocol offers a modular and user-friendly solution, allowing for seamless adoption. With the ability to handle up to 100,000 fast transactions per second and remarkably low gas costs, it is highly efficient. Additionally, the protocol is compatible with the Ethereum Virtual Machine (EVM), providing developers with the flexibility they need. By leveraging Caduceus, developers can harness decentralised real-time edge rendering and AI computing for tasks such as migration, immersion, and streaming.

Furthermore, as part of the integration with Digimental, the successful inclusion of the $CMP token into HAPE’s native ecosystem has occurred. This integration empowers token holders to utilise CMP for purchasing on-chain digital clothing within the HAPE marketplace. By utilising CMP, users can create a seamless metaverse experience, enhancing their engagement with the platform.

Join the community:

Caduceus Website: https://www.caduceus.foundation

Discord: https://discord.com/invite/caduceus

Twitter: https://twitter.com/Caduceus_CMP

Telegram: http://t.me/CaduceusMetaverse

Instagram: https://www.instagram.com/caduceus_cmp/

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Caduceus
Caduceus

Written by Caduceus

Caduceus Metaverse Protocol — Providing an open blockchain platform for Metaverse development. Join the community — https://linktr.ee/caduceus_cad

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