Citiverse
Citiverse is a Singapore-based technology company founded in 2021 that operates a 3D city simulated metaverse built as a co-creation platform. The privately held firm employs 51-100 people and serves users through its citiverse.io platform.
- Company typePrivate
- Founded2008
- HeadquartersSingapore, Singapore
- Headcount51–100
- GTM typeB2C
- OfferingSoftware
What Citiverse does
Citiverse is a Singapore-based technology company founded in 2021 that operates a 3D city simulated metaverse built as a co-creation platform. The firm is privately held, employs 51-100 people, and operates from Singapore with a public web presence at citiverse.io; Freddie Nguyen is identified as co-founder. The product's positioning as a co-creation environment suggests it serves users interested in collaboratively building, customising, or interacting within virtual 3D urban settings, though specific user segments, geographic reach, and use cases are not disclosed in the available source material.
No technical architecture, rendering pipeline, AI components, or platform features are documented for Citiverse in the source material. Substantive operational and product data in the input describes W88, an unrelated online gambling platform in Vietnam; sources explicitly state that 'No information about a company named Citiverse appears in any of the source material.' Any inference about Citiverse's technology stack, content creation tools, or user experience is therefore unsupported and should be treated as conjecture.
Business model, pricing, monetisation mechanics, customer segments, and revenue figures are not disclosed for Citiverse. The 'co-creation platform' framing implies a horizontal, user-generated content model that could plausibly support freemium, subscription, token-based, or B2B licensing monetisation, but no such mechanisms are documented. Investment analysis for Citiverse is constrained to firmographic facts and limited inferred assessments, with significant data gaps that prevent rigorous evaluation of revenue, traction, or competitive position.
Citiverse firmographics
Firmographics- Name
- Citiverse
- Legal name
- W88 (operated by Marquee Holdings Limitada)
- Website
- https://citiverse.io
- Company type
- Private
- Founded year
- 2008
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Citiverse is a Singapore-based technology company founded in 2021 that operates a 3D city simulated metaverse built as a co-creation platform. The privately held firm employs 51-100 people and serves users through its citiverse.io platform.
- Ownership category
- akta.pro rank
Where Citiverse is headquartered
LocationHeadquarters
- HQ city
- Singapore
- HQ country
- Singapore
- HQ region
- Asia
Offices1 record
Markets served
Citiverse business model
Business model- GTM type
- B2C
- Offering type
- Software
Revenue model
- Sports Betting: W88 earns revenue through betting margins on sports events. Users place wagers on sports categories (football, basketball, etc.) and the platform takes a cut from losing bets or adjusts odds to generate profit.
- Online Casino: Live dealer casino games including Baccarat, Roulette, Dragon Tiger, and more. Revenue is generated from house edge on table games.
- Slot Games and Jackpots: Slot game library with various themes and jackpot prizes. Revenue comes from slot machine house edge.
- Online Lottery: Lottery products across different countries with scheduled draws. Revenue from lottery bettor participation.
- Card Games: Poker, Baccarat, Blackjack and other card games with varying stakes. Revenue generated from house take.
- Affiliate/Agent Program: W88 operates a Đại Lý (agent) program where third parties earn commissions for referring players. This serves as a customer acquisition channel.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | House Edge / Betting Margin Model |
Go-to-market motion3 records
Distribution channels3 records
Marketing channels6 records
Citiverse product offering
Product offeringCore offering
Citiverse is described as a striking 3D city simulated metaverse developed as a co-creation platform. It provides a virtual urban environment designed to enable shared creation and interaction within a city-scale simulated setting. The platform's stated positioning is co-creation inside a 3D simulated city.
Product overview
W88 is an online betting and entertainment platform offering a unified ecosystem of gambling products. The core portfolio consists of sports betting, online casino with live dealers, lottery, card games, slot games, and fishing/mini-games. The platform operates as an integrated system where users can access all products through a single account with shared wallet functionality for deposits and withdrawals.
Differentiator
Problem solved
Functional benefit
Products and services
- Citiverse 3D City Metaverse Co-Creation Platform A 3D simulated city metaverse designed as a co-creation platform, enabling participants to build, interact, and collaborate within a virtual city-scale environment.
Quantifiable outcome
- Platform uptime maintained above 99%
- +4 more outcomes
Companies that use Citiverse
Customer profileNamed customers2 records
Segments1 record
Ideal customer profiles1 record
Citiverse technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Citiverse partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Esports World Cup 2026 (EWC26)coreW88 covers and promotes the Esports World Cup 2026 through its content channels. The partnership involves coverage of Liên Quân Mobile (AoV) and Honor of Kings (HOK) collaborative esports event marking the 10-year anniversary of AoV. W88 provides live streaming, match schedules, and promotional content for the tournament.
Scale indicators10 records
Expansion highlights3 records
Citiverse competitors and assessment
Company assessmentBroad incumbents
- Bet365: Bet365 is a globally licensed incumbent offering sports betting, casino, and slots at global scale; while not SEA-specialized, it represents the broad incumbent benchmark for product breadth, real-time odds infrastructure, and operational uptime comparable to W88's claims.
- Betway: Betway is a globally licensed online sportsbook and casino operator with established SEA-facing products; comparable as a broad incumbent competing for the same Vietnamese/SEA customer demand pool as W88.
Emerging players
- Stake.com: Stake is an emerging crypto-enabled online casino and sportsbook with growing SEA reach and strong esports sponsorships — a comparable to W88's esports-led brand-building strategy, though differentiated by crypto rails.
Direct peers
- 188Bet: 188Bet is a long-established Asian-market online sportsbook and casino operator offering the same product mix and customer segment as W88, with comparable regulatory and competitive dynamics in SEA.
- M88 (Mansion88): M88 is an Asian-focused online betting and casino brand with a Vietnamese-facing site, offering a comparable product portfolio (sportsbook, casino, slots) and affiliate-driven GTM.
- Dafabet: Dafabet is a directly comparable Asian-focused online betting and casino operator offering sportsbook, live casino, slots, and arcade games to SEA customers via an affiliate network — the same product mix and GTM motion as W88.
- SBOBet: SBOBet is an established Asian-market sportsbook and casino operator licensed in the Philippines and Isle of Man, serving overlapping Vietnamese and SEA customer segments with comparable product breadth.
- 1xBet: 1xBet is a major international online gambling operator with strong SEA and Vietnamese presence, offering the same sportsbook + casino + slots + lottery combination and a heavy affiliate/agent distribution model directly comparable to W88.
- Fun88: Fun88 is an Asian-market online sportsbook and casino operator with Vietnamese localization, esports sponsorships, and an affiliate-led acquisition model — a near-direct comparable to W88 across product and channel.
- BK8: BK8 is a SEA-focused online betting brand with Vietnamese-market presence, offering sportsbook, live casino, slots, and esports betting through an affiliate network — closely mirroring W88's positioning.
Market position
Weaknesses3 records
Competitive moat3 records
Key risks6 records
Key highlights7 records
Customer concentration
Citiverse social profiles
Digital presenceCitiverse compliance and trust
Trust signalCompliance4 records
Citiverse financial estimates
Financial estimateRevenue estimate
Valuation estimate
Citiverse leadership team
Management profileNumber of profiles
Profiles1 record
Citiverse funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Citiverse M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Citiverse
What does Citiverse do?
Citiverse is described as a striking 3D city simulated metaverse developed as a co-creation platform. It provides a virtual urban environment designed to enable shared creation and interaction within a city-scale simulated setting. The platform's stated positioning is co-creation inside a 3D simulated city.
Is Citiverse a public or private company?
Citiverse is a private company. It is classified as unknown and is currently operating.
When was Citiverse founded?
Citiverse was founded in 2008. It employs 51 to 100 people.
Where is Citiverse based?
Citiverse is headquartered in Singapore, Singapore, in the Asia region.
How does Citiverse make money?
Six revenue lines are on record. Sports Betting is the primary driver. The others are online Casino, slot Games and Jackpots, online Lottery, card Games and affiliate/Agent Program.
Who are Citiverse's main competitors?
Broad incumbents on record are Bet365 and Betway. Stake.com is listed as an emerging player. Direct peers are 188Bet, M88 (Mansion88), Dafabet, SBOBet, 1xBet, Fun88 and BK8.
Does Citiverse have an API?
No public API is recorded for Citiverse.