directed by consummate hollywood producer david broomeMint State Labs acquisition expands Orange Comet’s capabilities in design, gaming and related blockchain technology

THE ANGELS, December 22, 2022 /PRNewswire/ — Orange Comet, Inc., a leading web3 entertainment company, today announces the acquisition of Mint State Labs, a provider of gaming and entertainment technology that helps creators easily create, distribute and market experiences powered by blockchain. With the goal of continuing to blur the lines between the real and virtual worlds, Orange Comet is competitively positioned as a leading player in the ever-evolving web3 landscape as the company continues to lead the charge to usher in a new era of entertainment in the metaverse .

Founded in 2021, Orange Comet focuses on building communities and developing ecosystems in digital collectibles, web3 games, and experiences for global audiences and fanbases. Coming out of successful partnerships and falling down with people like Sir Anthony Hopkinsmember of the NBA Hall of Fame scottie pippinAMC’s “The Walking Dead” and more, Orange Comet is attached to some of the biggest IP ever created in the world of entertainment, music, arts and culture.

“As Orange Comet continues to grow in the web3 gaming space, we wanted to have as strong a team with our game design and game technology as we do with our award-winning creative team,” he said. david broome, CEO of Orange Comet. “We’ve been collaborating closely with Mint State throughout 2022, so this acquisition is not only highly complementary but a perfect fit for us. That said, from the moment we met Peter and all of the incredibly talented people at Mint State, we knew that his passion would be to be the driving force for us in building something truly special in web3 gaming.”

Also founded in 2021, Mint State Labs continues to expand its reach around the world by offering platform tools and services to help businesses and creators build, grow, and empower their fan base. Mint State Labs was part of the inaugural cohort of the FileCoin-TechStars accelerator and quickly grew its technology platform and customer base to include a large clientele of top-tier game creators.

“From the beginning, Mint State Labs was created by passionate people looking to use technology to enable creators to create entertainment products they love,” said Peter MoralesCEO of Mint State Labs. “Combining forces with a company that matches our passion and represents the ultimate creative skill is what will allow us both to reinvent digital entertainment.”

With the acquisition of Mint State Labs, Orange Comet will continue to create premium content that disrupts the web3 landscape by leveraging innovative technology to develop, distribute and commercialize even more blockchain-powered experiences. Peter MoralesCEO of Mint State Labs, he will assume the role of CTO and continue to oversee Orange Comet’s digital infrastructure and technology development.

Terms of the acquisition were not disclosed, but Mint State Labs’ leadership and all employees and contractors will join Orange Comet.

ABOUT THE ORANGE COMET
Orange Comet is an industry leading web3 entertainment company, creating premium content coupled with technology that visually blurs the lines between the real world and the virtual world. We are building communities and developing ecosystems on web3 games, digital collectibles and web3 experiences for global audiences and fan bases tied to some of the largest IPs ever created in the world of entertainment, music, arts and culture. Our mission is to lead the charge in web3 entertainment by engaging fans in ways they never imagined, fueled by great content creation. Co-founded by hollywood veteran film and television producer david broomemember of the NFL Hall of Fame kurt warnerand Grammy Award-winning music icons Gloria and Emilio Estefan, Orange Comet is powered by a passionate group of people who believe that the future of entertainment and media is on the brink of a major disruptive change through a variety of blockchain experiences. For more information, visit us at OrangeComet.comas well as about Twitter, FacebookY instagram.

ABOUT MINT STATE LABORATORIES
Mint State Labs is a technology company that creates tools for creators to grow and power their economies of virtual goods. We’re working with teams with roots in properties like Magic the Gathering and independent game publishers like The Mix Games and Interabang Entertainment. We were part of the first cohort of web3 TechStars, funded by Protocol Labs. Mint State Labs offers tools for creators to build web3-powered virtual economies directly in-game and understand their fanbase. Our mission is to empower creators to do more than they imagined possible. Co-Founded by Peter MoralesFormer MIT Lincoln Labs and Microsoft Research Scientist, the Mint State Labs team brings together a wealth of diverse talent with experience in VFX for Netflix productions, popular games, and major SaaS companies.

PR CONTACTS
[email protected]

SOURCE Orange Comet