CEDEN Network Ltd, a Network-as-a-Service (NaaS) open-source infrastructure company, has acquired Galaxy Rendered Limited, a Web3 gaming innovator, for an undisclosed sum. The acquisition strengthens the foundation of the EDEN Content Creation Ecosystem with a wholly-owned subsidiary Web3 development studio and its debut metaverse game title, Rocket Monsters.
The acquisition of Galaxy Rendered Limited by CEDEN Network Ltd is aimed at enhancing the EDEN Content Creation Ecosystem. Galaxy Rendered Limited is known for developing the Play to Earn (P2E) PVP game, Rocket Monsters, which is a Web3 gaming innovation featuring both PVP and PVE immersive environments. The game has two playable alpha levels, and the full playable beta open world experience is nearing launch.
Andrew Woodward, the Founder and CEO of Galaxy Rendered Limited, has joined the CEDEN Advisory Board as a result of the sale of his company to CEDEN. He will continue to advise on the development of Rocket Monsters and the dynamic ecosystem that the Galaxy Rendered team has cultivated over time. The Galaxy Rendered development and art teams have also remained with the company, adding significant experience and depth to the CEDEN team.
Rocket Monsters is a multi-faceted game in which the bears and other extraterrestrial monsters navigate the vast playable environments using interstellar vehicles. They engage in thrilling open-world PVP confrontations with the enemies and battle for the opportunity to harvest valuable resources. All the in-game characters, weapons, vehicles, and resources can be purchased, sold, and transferred as digital assets.
CEDEN will refine and continue to deliver the existing roadmap of Rocket Monsters, including consolidating and growing the vast NFT collections that exist in the ecosystem currently. CEDEN will also prepare the Rocket Monsters universe for the beta launch of the open world, which will include the introduction of playable NFT vehicles called Star Racers, player-owned land and shops, and the vast resource collection system that is the foundation of the ecosystem.
Comments from the CEOs
Alex Moody, CEO of CEDEN, expressed excitement about the acquisition, stating that CEDEN’s vision of being an NaaS infrastructure powerhouse serving a vast and diverse range of content creators is coming to fruition. He highlighted that the company’s team and the advisory board have experts from both Web2 and Web3 gaming, marketing resources, and the tools to empower interactive games like Rocket Monsters. He added that the acquisition adds to the CEDEN Network’s content delivery network (CDN), offering CEDEN Mint Pass holders preferential access to minting opportunities, airdrops, and rewards from games within the ecosystem, including Rocket Monsters.
Andrew Woodward, the CEO of Galaxy Rendered Limited, expressed enthusiasm about the acquisition, emphasizing Rocket Monsters’ ambition to evolve into a Web3 game that transcends traditional blockchain limitations and embraces a multi-chain future for Web3 gaming. He anticipates a seamless, engaging gaming experience, made possible through the use of CEDEN’s Web3 toolkits and peer-to-peer network.
Partnerships and Investments
CEDEN has announced two additional significant partnerships and investments, including with the up-and-coming Brooklyn-based game development studio, K11 UNLIMITED, and the LA-based game studio, Gammaker Inc. Michael Haller, CEDEN’s Head of Gaming and the Executive Chairman of Gammaker Inc, commented that the strategic value of these partnerships is invaluable as they leverage CEDEN’s infrastructure toolkit while delivering a steady flow of high-quality content for NFT node operators.
Throughout the month of April, CEDEN successfully minted 3,333 CEDEN Mint Passes, each providing entry into the dynamic CEDEN ecosystem. Looking forward, the third quarter will herald the arrival of Keystone NFT Nodes at CEDEN. This collection, comprising 10,000 NFT Nodes, will lay the groundwork for the CEDEN Network, a decentralized, peer-to-peer (P2P) Content Delivery Network (CDN) designed to help the gaming industry to transcend the limitations of the past.
CEDEN Network Ltd’s acquisition of Galaxy Rendered Limited is aimed at enhancing the EDEN Content Creation Ecosystem. The acquisition adds to the CEDEN Network’s content delivery network (CDN), offering CEDEN Mint Pass holders preferential access to minting opportunities, airdrops, and rewards from games within the ecosystem, including Rocket Monsters. The acquisition is expected to bring a seamless, engaging gaming experience, made possible through the use of CEDEN’s Web3 toolkits and peer-to-peer network.