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STRING METAVERSE - Company which flew unnoticed, under the radar. What exactly is this THING?!😂 PART A: String Metaverse was able to grow pretty fast over the past few quarters. It seem to be set to report around Rs.1000Cr in Fy26. It will take time to understand the business. So will share, as the research progresses. 1. In 2024, a dormant BSE listed company (Bio Green Papers) was taken over by new promoters and name changed to String Metaverse. We can see revenue changing from Zero to Rs.50Cr in June24. 2. Though Matha Meenavalli (Promoter of Spacenet which is a trading company) holds 16%, it is the young founders Krishna, Ganesh and their friend Santosh who runs String MetaVerse 3. Due to their very early involvement in BlockChain and Crypto technology from school times (Around 2014-15), they came together to launch formal business in 2021 which later became String Metaverse 4. They worked on blockchain technology and built products and services on top of Solana Block Chain 5. The first product launched was Games and the most popular one is IDLEMINE 3.0 with more than 1Million Downloads ( Google Play: https://t.co/TfbDur39FY ) Other Games: String Drive: Listed as one of the new games driving revenue growth in H1 FY26. String Tetris: Another, newly launched title within their portfolio. Rabbit 9x: Mentioned as part of the successful gaming lineup. String Arcade: A platform within the ecosystem that, along with String SpinWin, has achieved significant user growth. String SpinWin: A gaming platform focused on user engagement and monetization. String Esports 2.0: A platform for competitive gaming, including tournaments for titles like Call of Duty, Free Fire, and Valorant. Midearth : A platform utilizing AI-driven agents for digital interactions and commerce 6. While we simple dont know what is happening on with Web 3.0, obviously there are millions of active users in OTHER COUNTRIES. (By the way once popular crypto trading is part of Web 3.0) 7. The company's revenue generating operations (>90%) is situated in HongKong and Singapore through subsidiaries 8. On String Metaverse Platform, which runs these games on Solana Blockchain, users Sign Up by paying actual money (fiat currency of individual countries where the gamers are from). They play to accumulate crypto tokens ($IDLE) which eventually are traded for other valuable tokens. Company also sells "In Game merchandise" and gets Ad revenue. 9. Company is not into crypto trading. Instead, it operates Games which generate real money from lakhs of users. (The Gamers by themselves generate (mine) $IDLE tokens, which is a String Metaverse Token ) 10. Based on the reading so far, almost 85% of revenue comes from gaming. Company is developing other revenue sources which might actually overtake gaming revenue flow in future. MORE ON THIS LATER as we all study further. Do share your views on Scaling potential and also inherent Risks associated with BlockChain based businesses.