Company: GVSE
Filing Date: 2025-01-24
Form Type: DRS/A
Source: 0001493152-25-003624
Chunk: 33

Company: Gameverse Interactive Corp
Filing Date: 2025-01-24
Form: DRS/A
Chunk 33
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 virtual currency (“TruCoins”) to obtain virtual items to enhance their social experience. Proceeds from the sale of TruCoins will initially be recorded as deferred revenue and recognized as revenue as the user purchases and uses the virtual items. Our performance obligation to our users is to provide them with the ability to acquire, use and hold virtual items on the TruWorlds Platform over the estimated period of time the virtual items are available to the user or until the virtual items are consumed.

We are preparing to ramp up our business using funds from this offering and through our relationships.

Our Strategy and Plan

We are on the verge of sharing our work with the world. First, a live web platform will be launched, ready for testing and poised to begin a new era of interactive experiences. Then, our game client, which we expect to be available for download in the next six (6) months, will let users enter any game we build on our platform as it exists in any of our photorealistic 3D built environments and experience iterative updates and improvements. Lastly, a game editor will become available to let creators bring their games and assets to life and publish them to our platform. As players register on Gameverse and create their own avatars, they will be able to interchangeably enter and exit all of the experiences pre-built and there for the taking – the vast majority being available for free. For those who create experiences on Gameverse, they will have extensive control over the monetization of their Realm.

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The heart of our company is two brothers who want to change the world of gaming through innovative ideas that we see the sector lacking in today’s gaming world. We are not just developers but gamers ourselves. We are constantly brainstorming innovative ideas by looking at our competition and asking ourselves why we want to be different than our competition. Our innovative ideas differentiate us from the rest of the gaming world:

| 1. | Custom                                                                                 
 Game Mechanics - Users can unleash their creativity and bring their game ideas to life 
 by designing and building game environments.                                           |
| 2. | Publishing                                                                             
 Your Own Game - Creators can harness the power of publishing their games for a global  
 community of players to further grow their TruWorlds community.                        |
| 3. | Create                                                                                 
 your own Avatar - Users can unleash their creativity by customizing their own unique   
 avatar to stand out in the virtual realm.                                              |

Unlike the ever-widening array of available AI assisted tools, available within the universe of