Expanding Mini-Game World with $7M Funding for Blockchain Integration: PlaysOut Advances
💥 Boom, baby! UAE's PlaysOut pulls in a whopping $7 mil in seed funding, beefing up valuation to a hefty $70 mil! 💥
KBW Ventures, on a roll with their investments, led the fundraising round, while receiving a helping hand from Pacific Century Group and OKX Ventures. This financial powerhouse is set to fuel PlaysOut's mini-game ventures, enhancing market reach, and turbocharging the creation of blockchain integration tools.
🎮 Gaming Central: Your One-Stop Shop for Developers 🎮
Enter PlaysOut, the brainchild of Jassem Osseiran and Alex W, kicking goals since 2024. They've made it easy-peasy for developers to create and embed captivating mini-games on platforms like YouTube, Discord, and Telegram. Their software development kit (SDK) and mini-game engine provides a stress-free environment for developers to focus on creating unforgettable gameplay experiences.
Needless to say, players benefit too by effortlessly accessing a variety of exciting content within user-friendly interfaces. No need to download massive files or wrangle with complex installations!
🌐 World Domination: Expanding into High-Growth Markets 🌐
With pockets full of fresh cash, PlaysOut sets their sights on conquering key markets, including the US, MENA, and Asia. Why these regions? Essentially, they're experiencing an explosion in demand for casual gaming experiences, and PlaysOut is here to serve it up.
They're even looking to team up with industry bigwigs within the gaming and blockchain spaces to crank up game quality and appeal to a broader developer base.
🔄 SDK Upgrade: The Blockchain Revolution 🔄
Flagging a crucial milestone, PlaysOut prepares to roll out an exciting update to their SDK in May 2025. This will bring blockchain magic, empowering developers to incorporate digital asset ownership, token-based rewards, and decentralized gameplay.
OKX Ventures' involvement shows just how much the blockchain world is warming up to PlaysOut. Integrating blockchain into their platform will open up new revenue streams for developers and hand more control to those fearless players.
📲 Telegram Tango: A Winning Collaboration 📲
PlaysOut also aims to leverage Telegram's platform by offering mini-games via the app's TON blockchain. This not only provides a killer distribution channel but also aligns with Telegram's push to enable web3 experiences.
💸 Moneybags and Power Players: The Secret Sauce 💸
The involvement of investors like KBW Ventures and Pacific Century Group suggests they have faith in PlaysOut's growth potential. Both juggernauts have a knack for spotting budding tech success stories and putting money where their mouth is. Plus, they also offer a treasure trove of industry connections and strategic guidance.
👀 PlaysOut: The Mini-Game Titan Rises 👀
In a nutshell, PlaysOut's focus on easing dev hurdles, enhancing blockchain capabilities, and forging strategic connections puts them in the driver's seat of the evolving mini-game market. They've got some exciting announcements on the horizon, so keep your eyes peeled for more partnerships, mind-blowing game releases, and SDK improvements!
- The seed funding of $7 million secured by PlaysOut will be used to bolster the company's valuation to a staggering $70 million, according to the recent announcement.
- KBW Ventures, having been actively involved in investing, led the fundraising round for PlaysOut, with support from Pacific Century Group and OKX Ventures.
- PlaysOut, founded by Jassem Osseiran and Alex W, aims to dominate key markets like the US, MENA, and Asia, capitalizing on the burgeoning demand for casual gaming experiences.
- In collaboration with Telegram, PlaysOut plans to offer mini-games through the TON blockchain, leveraging Telegram's push for web3 experiences as a distribution channel.
- In May 2025, PlaysOut will unveil an update to their SDK, integrating blockchain technology, which will enable developers to incorporate digital asset ownership, token-based rewards, and decentralized gameplay.
- The involvement of KBW Ventures and Pacific Century Group indicates their belief in PlaysOut's potential for growth, as both have a history of identifying promising technology companies and providing strategic guidance and connections.
- With its focus on simplifying developer processes, expanding into high-growth markets, and leveraging cutting-edge technology like data-and-cloud-computing, artificial-intelligence, cybersecurity, lifestyle, investing, business, gadgets, and telecommunications, PlaysOut is poised to become a titan in the mini-game market.
