Metaverse Magna has appointed Yemi Johnson as its new Chief Executive Officer (CEO). This was revealed by the company.
“Nestcoin’s decision to spin out MVM showcases our dedication to promoting innovation and empowering emerging businesses that make crypto accessible. By giving MVM the autonomy to steer its path, Nestcoin not only accelerates MVM’s progress but also fuels the expansion of the entire web3 ecosystem.” Yemi Badamosi, founder and CEO of Nestcoin says.
Yele Bademosi will also note that Nestcoin’s decision to spin out MVM demonstrates its commitment to promoting innovation and empowering emerging businesses that make crypto accessible. Nestcoin will boost MVM’s success while simultaneously fueling the expansion of the entire web3 ecosystem by granting MVM the authority to chart its course.
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Metaverse Magna New CEO, Yemi Johnson Role
Yemi Johnson will lead Metaverse Magna (MVM) as the CEO. He joined Metaverse Magna (MVM) as its General Manager after exiting Reliance as SVP, Consumer Business, and Hotels.ng as COO.
During this period, he grew MVM to its highest revenue months and oversaw the business’s pivot. Yele Bademosi, founder and CEO of Nestcoin, will serve on Metaverse Magna’s board.
He has to say on the new gaming app, called Hyper which the company just invented;
“If Messi was born in the 1900s, he would never have made any money from football or be known for his talent. Fast forward 100 years later and Messi and many people earn a living from football. This same dynamic happened in console and PC gaming with no one caring about the top pro players in core games like FIFA and Call of Duty, and now millions of people care and thousands of gamers make a living from these games via eSports.”
“Playing fun games on your mobile phone is work and people build skills in these games, so they deserve to be able to monetize their skills. Scholars from our gaming guild felt this way and wanted a solution that was long-term and sustainable, so we built Hyper to solve their problem. Mobile gaming is a billion-person activity and we’re innovating in a new era in social gaming.” He added.
Conclusion
Metaverse Magna (MVM) will continue to run the gaming guild on a shoestring budget and is focused on Hyper, which has players in Nigeria, Indonesia, and Brazil thanks to a joint venture collaboration with OFR (a VC fund) and DUX (a Brazilian gaming guild). MVM employed ten people, including software engineers, designers, and business growth managers, all of whom have a founding stock part in the company.
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