Reality+ chose Hedera to mint, sell and trade digital collectibles for global brands and IP.

Reality+ has partnered with the HBAR Foundation to provide leading digital collectibles solutions using the Hedera network for all next-generation Web3 projects for its global brand clients.

Reality+ will help global brands including BBC Studios, ITV Studios, FIFA and Paul Frank navigate the transition to the next generation of the web through immersive experiences including games, metaverses and digital collectibles, and will exclusively use Hedera network services. . Market-leading performance and features keep your projects moving forward.

Hedera is the leading network providing the latest in decentralized technology, offering low, fixed fees and immutable royalties, scalable transactions, and a carbon footprint enforced on-chain at the protocol level.

Hedera is purpose-built to deliver seamless Web3 experiences at scale. The network can handle more than 10,000 transactions on a single shard and ledger without compromising network security, sustainability, or stability.

Reality+ will use Hedera to create the 1.4 million digital collectibles that gamers have already purchased across its portfolio of games. Hedera’s consensus is also very light, so the cost per transaction is very small, around $0.0001 USD.

In addition to its technical performance, Hedera is also the most sustainable public distributed ledger based on average energy consumption per transaction (0.00017 kWh), according to a recent study conducted by University College London.

Tony Pearce, CEO and Co-Founder of Reality+, said: “We’re excited to be able to use the Hedera network exclusively for all our future projects, which will provide clear benefits to both our brand partners and fans of our content. Together, we look forward to delivering an exciting, fast, scalable and sustainable future for entertainment content based on Hedera’s unique Hashgraph technology.”

“The Hedera network was purpose-built to enable tokenization at scale,” said Shayne Higdon, CEO of the HBAR Foundation. “Through this multi-year partnership, we hope to combine the unique advantages of digital collectibles on the network with Reality+’s deep industry expertise and partnerships with global brands to seamlessly enter the world of Web3 and establish a home on Hedera. looking forward.”

Alex Russman, Head of Consumer Participation Fund, added: “Reality+ has used Hedera’s technology to bring leading sports IP to Web3 through projects such as Road Code and FIFA OwnTheZone. We are excited about Reality+’s ongoing partnership with THF, supporting the world’s leading brands on their journey to cutting-edge technology.”

Introduction to Reality+

Reality+ helps brands around the world transition to Web3 with custom products, communities, and development strategies backed by an award-winning technology platform. From metaverse integrations to generative collectibles, video games, and more, Reality+ is a pioneer in the field and driving the blockchain industry conversation. We create innovative and successful products and revenue streams for the world’s largest media brands (FIFA, BBC Studios, ITV Studios, Paul Frank) by prioritizing sustainability, creativity and usability. We work with partners around the world to help them not only build Web3 applications and campaigns, but to become true leaders and innovators in the digital economy of the future. For more information, visit www.realityplus.com.

About the HBAR Foundation 

The HBAR Foundation supports the creation of Web3 communities built on the Hedera network by empowering and funding the developers who develop these communities. The foundation’s six funds, focused on Crypto Economy, Metaverse, Sustainability, Fintech, Privacy, and Female Founders, each support communities within those areas, and their interconnectivity allows applications to participate as part of a larger ecosystem.

The collective power of these funds will enable entrepreneurs, developers, and companies of all sizes to solve the world’s biggest problems and create and control their own economies built on the Hedera public network. Whether you’re building something new or migrating existing EVM-based applications and communities, the HBAR Foundation has you covered. For more information, visit https://hbarfoundation.org.

Media Contact

Reality+

Stuart O’Brien

Mimram Media

stuart.obrien@mimrammedia.com

Hedera Network

hedera@wachsman.com

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