Metasphere Labs Inc. announced that further to the news release dated March 4, 2024, it has entered into a definitive agreement dated March 20, 2024 (the "Agreement") with Bluesphere Ventures Inc. ("Bluesphere"). This partnership marks a significant step forward in the creation of "Ents World," an Open Metaverse built on the Bitcoin blockchain, aimed at combining "Play to Earn" gaming with impactful environmental restoration. In a notable development, it has been decided that the governance token for Ents World, ENTS, will not be developed as a Bitcoin Taproot asset as previously indicated.

Instead, ENTS will be developed on the Bitcoin Runes protocol, ensuring a robust and scalable foundation for the game's ecosystem. The project collaboration between Metasphere and Bluesphere will focus on delivering key components for "Ents World". Pursuant to the Agreement, Metasphere will develop a comprehensive presentation and website outlining Ents World's concept, features, and the impact on environmental restoration.

Metasphere will also assist in developing the game's governance ecosystem. Delivery of the services is expected to be completed by April 10, 2024. The Company will be paid $2,500 for its services.

A significant milestone for "Ents World" is the planned public launch of the Ents DAO Forest Guild on April 19, 2024, marking the beginning of a journey into this innovative virtual environment and game. This collaboration between Metasphere and Bluesphere is not just a venture into new technological realms but also a commitment to leveraging the power of blockchain and virtual environments for the greater good of the planet. It represents a fusion of innovation, sustainability, and community engagement that promises to set a new standard for environmental initiatives within the digital space.