Company: GVSE
Filing Date: 2025-04-17
Form Type: S-1/A
Source: 0001641172-25-005196
Chunk: 37

Company: Gameverse Interactive Corp
Filing Date: 2025-04-17
Form: S-1/A
Chunk 37
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 meaningful revenue from our services related to the launch of our TruWorlds platform
and sale of our TruCoins tokens until at least 2026.

Operating Expenses

To date, the majority of our operating expenses
relate to salaries and wages as well as contract services related to: technology evaluation, creation, and programming of the TruWorlds
platform, capital rasing and business development. These activities and related expenditures have been recorded and reported as Operating
Expenses in our Financial Statements.We anticipate that our operating expenses will increase in the future to support our
launch of the TruWorlds platform, and the increased costs of operating as a public company. These increases will likely include increased
costs related to the hiring of additional personnel and fees for outside consultants, lawyers, and accountants, and expenses related
to maintaining compliance with exchange listing and Securities and Exchange Commission requirements, insurance, and investor relations
costs.

| 22 |

<div align='center'>BUSINESS</div>

Overview

The story of Gameverse Interactive began in 2022 when our founders, Jared Thau and Jordan Thau, were inspired by their experiences as developers on existing platforms and their passion for creating a more inclusive, innovative, and empowering gaming environment. This vision has shaped our approach to building the groundwork for Gameverse Interactive Corp.

Gameverse Interactive’s strategy focuses on the active creation of a community that is oriented around cooperation and innovation. To ensure that the power of the platform stays in the hands of its users we will provide the ability for users to create the games as well as play them. Through fortification of community content, users can share what they create with other people and in turn, learn from them. The concept is to maintain an open and friendly atmosphere for everyone who wants to join a community, work with people, and develop a strong environment that improves the gaming business for all participants. This way, we aim at creating an ongoing communication and dialogue, in order to make every member of the Gameverse family feel vivid and to convert the platform into a place where people can create and co-explore together.

Some refer to our category as the metaverse, a term often used to describe the concept of persistent, shared, 3D virtual spaces in a virtual universe. The idea of a metaverse has been written about by futurists and science fiction authors for over 30 years. With the advent of increasingly powerful consumer computing devices, cloud computing, and high bandwidth internet connections, the concept of the metaverse is