Datametrex AI Limited (TSXV: DM) (FSE: D4G) (OTC Pink: DTMXF), a trailblazer in the fields of technology solutions, artificial intelligence, healthcare, and mobile gaming, has announced a strategic acquisition that propels the company into the burgeoning blockchain gaming sector. The acquisition of the mobile game Cereal Crunch from Sariel Diagnostics Corp. marks a significant expansion of Datametrex's portfolio, blending gaming entertainment with cryptocurrency rewards in a rapidly growing industry.

Background and Context

Datametrex AI Limited has a well-established reputation for delivering cutting-edge technology solutions that enhance operational efficiencies and business outcomes across various sectors. The company's mission is rooted in innovation, with a focus on supporting enterprises by setting new standards through advanced technological protocols. This latest acquisition underscores Datametrex's commitment to staying at the forefront of industry trends and technological advancements.

Cereal Crunch, a mobile game developed by Sariel Diagnostics Corp., stands out in the gaming market with its unique match-3 mechanics combined with a play-to-earn model. This innovative approach allows players to earn cryptocurrency, integrating financial rewards with gameplay, which is a growing trend in the gaming industry. The acquisition not only enhances Datametrex's offerings but also aligns with its strategic focus on emerging technologies.

Key Highlights and Advantages

The acquisition of Cereal Crunch includes several key components and advantages that highlight its strategic importance:

• Comprehensive Asset Acquisition: Datametrex acquires all assets related to Cereal Crunch, including the game software, intellectual property, user databases, and the Crunch Token, crucial to the play-to-earn model.
• Purchase Price: The total acquisition cost is $3,500,000, paid through the issuance of 70,000,000 common shares of Datametrex at a deemed price of $0.05 per share.
• Gaming Innovation: Cereal Crunch's integration of match-3 gameplay with a cryptocurrency rewards system positions it uniquely in the market, offering both entertainment and financial incentives to players.

Charles Park, President of Datametrex, remarked, "The acquisition of Cereal Crunch aligns perfectly with our strategic focus on innovative technologies. We are excited to bring Cereal Crunch into our portfolio, offering immense potential for growth and success in the emerging sectors of e-gaming and blockchain."

Potential Impact and Significance

This acquisition is poised to have a significant impact on Datametrex and the broader blockchain gaming industry. By incorporating Cereal Crunch, Datametrex is tapping into a lucrative market where the play-to-earn model is gaining momentum. This model not only increases player engagement but also opens new revenue streams through in-game transactions and cryptocurrency earnings.

The move signifies Datametrex's entry into a fast-evolving market segment, potentially leading to increased market share and influence in the gaming industry. The integration of blockchain technology with gaming also reflects broader industry trends, where digital assets and decentralized finance are becoming integral to new business models.

Expert Opinions and Analysis

Industry experts see this acquisition as a forward-thinking step for Datametrex. John Karagiannidis, President of Sariel Diagnostics Corp., stated, "This acquisition signifies a major milestone for Sariel, validating our hard work on Cereal Crunch. Datametrex is the ideal partner to lead the game's development to new heights."

The acquisition has been praised for its strategic alignment with Datametrex's long-term goals and its potential to enhance the company's market position significantly.

Challenges and Considerations

While the acquisition presents numerous opportunities, it also comes with challenges that Datametrex will need to navigate. The integration of blockchain technology within gaming requires robust security measures to protect user data and financial transactions. Ensuring seamless integration and continuous innovation will be crucial to maintaining and growing Cereal Crunch's user base.

Additionally, all common shares issued as part of this acquisition are subject to a statutory hold period of four months and one day, under the policies of the TSX Venture Exchange and pending final acceptance. This regulatory compliance is essential for the smooth finalization of the transaction.

Conclusion

Datametrex AI Limited's acquisition of Cereal Crunch marks a significant milestone in its strategic expansion into the blockchain gaming market. This move underscores the company's commitment to leveraging cutting-edge technology to drive growth and innovation. As Datametrex integrates Cereal Crunch into its portfolio, it is well-positioned to capitalize on the dynamic and rapidly evolving world of play-to-earn gaming.

About Datametrex

Datametrex is an innovative leader in technology solutions, artificial intelligence, healthcare, and mobile gaming. The company excels in delivering tools and solutions that enhance operational efficiencies and business outcomes. With a commitment to innovation, Datametrex is dedicated to supporting enterprises by setting a new standard for business protocols through cutting-edge technology.

View original press release here: https://www.newsfilecorp.com/release/210724