Emerge Gaming & Viacom Africa to Launch Nickelodeon eSports Gaming Platform
First Images Revealed for Sonic at the Olympic Games – Tokyo 2020
Black Desert Online Reveals Future Plans and New Class During Live-streamed Event
HUYA-Backed Nimo TV Arrives in Brazil to Build the Country's Leading Mobile Game Live Streaming Platform
"Destiny Child" Celebrates its Six-Month Anniversary with the New "DEAD OR ALIVE Xtreme Venus Vacation" Collaboration
Black Desert Online Renews Mediah Expansion Main Questline
Unleash the Power Of Bonds with "Brave Frontier" Latest Combat Mechanic
WeQ Launches WeQ STUDIOS to Offer Global Games Publishing and Premium Player Acquisition
Hoard Exchange to Launch Token Distribution Event on May 27th
1047 Games Partners with SLIVER.tv Blockchain Esports Platform Powered by Theta and TFuel Rewards
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Forge the Ultimate Black Desert Weapon in the Star’s End Update
Continuing the content rollout that was announced on the content roadmap in April, Kakao Games and Pearl Abyss are announcing the release of Star’s End. This new high-end content will have players strive to forge a new legendary Blackstar weapon. The Blackstar weapons represent a new pinnacle of power for Black Desert Online players. In a new quest line, players will be taken to a new area called Star’s End. Here, players will gather materials that can be used in forging a new abyssal weapon of ultimate power. Star’s End is a new area themed after the infamous world-boss Kzarka and is located in the western area of Calpheon, one of the biggest regions of Black Desert Online. Only the bravest adventurers will be able to challenge the dangers that lie within. Forging the Blackstar weapon will be a true achievement marking the player as a veteran of the game. Underwater Ruins, a new recently announced expansion will release today after Black Desert Online’s regular maintenance. This content features two new adventuring zones that will take players to fantastical areas in deep hidden caves. The Protty Cave and Sycraia Ruins will offer challenges for adventurers of varied play styles. The ultimate challenge of all is facing Black Desert Online’s new menacing boss called Sycrid. Additionally, to commemorate the launch of this new content, all game packages are discounted by 50%. This celebratory sale will start after this week’s maintenance and will last up until the 29th of May. To celebrate this new content Kakao Games and Alienware joined forces. Players can claim valuable item bundles by signing up via the Alienware Arena website.
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Garbage Pail Kids Mobile Game Now Available on iOS
Jago Studios today announced the launch of Garbage Pail Kids: The Game℠, a card collecting and strategy role playing mobile game which is now available exclusively on the App Store. The game was developed by Jago Studios under license from The Topps Company, Inc., the originator of the Garbage Pail Kids property. The Game features many memorable characters originally seen in the original Topps cards from the 1980s, as well as characters appearing on cards released more recently. “An entire generation grew up with the outrageous and satirical character art of the Garbage Pail Kids, imagining what the cards would look like if they were to come to life,” said Stuart Drexler, Jago Studios Founder and Chief Executive Officer. “We are excited to bring these 80’s icons to mobile and offer GPK fans entertaining new ways to interact with their favorite characters— now fully animated.” “When GPK was originally launched back in the day, mobile games or mobile phones did not exist,” says Ira Friedman, Vice President of Global Licensing at Topps. “Thanks to the giant leaps in technology since those early times, our fans can now experience the fun, the thrills, and the visual audaciousness of the Garbage Pail Kids property through their phones— whenever they want.”
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HUYA Inc. Reports First Quarter 2019 Unaudited Financial Results
GUANGZHOU, China, May 17, 2019 /PRNewswire/ -- HUYA Inc. ("Huya" or the "Company") (NYSE: HUYA), a leading game live streaming platform in China, today announced its unaudited financial results for the first quarter ended March 31, 2019. First Quarter 2019 Highlights Total net revenues for the first quarter of 2019 increased by 93.4% to RMB1,631.5 million (US$243.1 million), from RMB843.6 million in the same period of 2018. Net income attributable to Huya was RMB63.5 million (US$9.5 million) for the first quarter of 2019, representing an increase of 102.1% from RMB31.4 million in the same period of 2018. Non-GAAP net income attributable to Huya[1] was RMB131.3 million (US$19.6 million) for the first quarter of 2019, representing an increase of 94.1% from RMB67.6 million in the same period of 2018. Average mobile MAUs[2] in the first quarter of 2019 reached 53.9 million, representing an increase of 29.8% from 41.5 million in the first quarter of 2018. Average MAUs[3] in the first quarter of 2019 reached 123.8 million, representing an increase of 33.3% from 92.9 million in the first quarter of 2018. Total number of paying users[4] in the first quarter of 2019 reached 5.4 million, representing an increase of 57.4% from 3.4 million in the first quarter of 2018. Mr. Rongjie Dong, Chief Executive Officer of Huya, commented, "We are pleased to deliver another record-setting quarter as our business continued the strong momentum from last year. Our overall traffic increased to record high levels. Notably, we are benefitting from our mobile strategy with promising results as Huya mobile MAUs in the first quarter of 2019 maintained a fast-growing pace, up 29.8% year-over-year and 6.3% quarter-over-quarter. We achieved year-over-year revenue growth of 93.4% to over RMB1.63 billion in this quarter, further demonstrating our strong growth trajectory. With a sustainable business roadmap in-hand, we will execute aggressively on our monetization capabilities across multiple fronts to fortify our leadership in China's game live streaming industry. By deploying new technologies and entering into new overseas markets, we believe we are well positioned to extend our business territories and achieve sustainable growth in the long term." Mr. Henry Sha, Chief Financial Officer of Huya, commented, "The solid execution of our strategies is evidenced by our financial and operational performance this quarter. In particular, the year-over-year revenue growth exceeded the high end of our guidance range for the fourth consecutive quarter since our IPO. Benefiting from optimized efficiency in bandwidth utilization and operations, non-GAAP gross margin further improved to 17.0% in the first quarter of 2019 from 15.6% in the first quarter of 2018, and from 16.1% in the fourth quarter of 2018. While maintaining investment to expand our competitive advantages, we are promoting our monetization strength to enhance profitability, achieving a 94.1% year-over-year increase in our non-GAAP net income to RMB131.3 million for this quarter. Our commercialization capability and strong cash position set a solid financial foundation, which we believe will support a larger Huya platform to expand our market share and accomplish our long-term goals together with our content ecosystem partners." [1] "Non-GAAP net income attributable to Huya" is defined as net income attributable to Huya before share-based compensation expenses, fair value loss on derivative liabilities, and loss on fair value change of investments and equity investee's investments. For more information, refer to "Use of Non-GAAP Financial Measures" and "Reconciliations of GAAP and Non-GAAP Results" at the end of this press release. [2] Refers to average monthly active users on the Huya Live mobile app. Average mobile MAU for any period is calculated by dividing (i) the sum of our active users on our Huya Live mobile app for each month of such period, by (ii) the number of months in such period. [3] Refers to average monthly active users on Huya's platform. Average MAU for any period is calculated by dividing (i) the sum of active users for each month of such period, by (ii) the number of months in such period. [4] Refers to a registered user that has purchased virtual items on Huya's platform at least once during the period presented. First Quarter 2019 Financial Results Total net revenues for the first quarter of 2019 increased by 93.4% to RMB1,631.5 million (US$243.1 million), from RMB843.6 million in the same period of 2018. Live streaming revenues increased by 95.8% to RMB1,552.5 million (US$231.3 million) in the first quarter of 2019, from RMB792.8 million in the same period of 2018, primarily due to the increases in both the number of paying users on Huya's platform and average spending per paying user. The increase in the number of paying users was primarily driven by the Company's mobile strategy, diversification of content offerings and continued efforts in converting active users into paying users. Advertising and other revenues increased by 55.5% to RMB79.0 million (US$11.8 million) in the first quarter of 2019, from RMB50.8 million in the same period of 2018. This increase was primarily driven by increased demand from gaming advertisers and further recognition of Huya's brand name in China's online advertising market. Cost of revenues increased by 90.6% to RMB1,358.1 million (US$202.4 million) in the first quarter of 2019 from RMB712.5 million in the same period of 2018, primarily attributable to the increase in revenue sharing fees and content costs, as well as bandwidth costs. Revenue sharing fees and content costs increased by 116.7% to RMB1,113.1 million (US$165.9 million) in the first quarter of 2019 from RMB513.6 million in the same period of 2018, primarily due to the increase in virtual item revenue sharing, which was in line with the Company's live streaming revenue growth, and continued spending in e-sports content and content creators in both domestic and overseas markets. Bandwidth costs increased by 8.3% to RMB169.0 million (US$25.2 million) in the first quarter of 2019 from RMB156.1 million in same period of 2018, primarily due to an increase in bandwidth usage as a result of increased user base on Huya's platform and enhanced live streaming video quality improvement, partially offset by improved efficiency in bandwidth utilization through continued deployment of new technologies in content distribution. Gross profit increased by 108.6% to RMB273.4 million (US$40.7 million) in the first quarter of 2019 from RMB131.0 million in the same period of 2018. Gross margin increased to 16.8% in the first quarter of 2019 from 15.5% in the same period of 2018, primarily due to Huya's enhanced monetization efforts, technology innovation on bandwidth utilization and continued leverage on economies of scale. Research and development expenses increased by 75.0% to RMB90.0 million (US$13.4 million) for the first quarter of 2019 from RMB51.5 million for the first quarter of 2018, mainly attributable to the increase in headcount of research and development personnel and share-based compensation expenses related to the share awards granted in 2018. Sales and marketing expenses increased by 201.3% to RMB78.2 million (US$11.6 million) for the first quarter of 2019 from RMB25.9 million for the first quarter of 2018, mainly attributable to the increase of marketing and promotion expenses due to cooperation with various marketing channels in both domestic and overseas markets, as well as enhanced efforts in promoting Huya's brand awareness and e-sports content, and the increase in headcount of sales and marketing personnel. General and administrative expenses increased by 139.8% to RMB85.8 million (US$12.8 million) for the first quarter of 2019 from RMB35.8 million for the first quarter of 2018, mainly due to the increase in share-based compensation expenses related to the share awards granted in 2018, as well as the increase in headcount of management personnel. Operating income was RMB28.2 million (US$4.2 million) for the first quarter of 2019, increasing by 0.2% from RMB28.2 million in the same period of 2018. Non-GAAP operating income, which excludes share-based compensation expenses, increased by 82.9% to RMB96.0 million (US$14.3 million) for the first quarter of 2019 from RMB52.5 million in the same period of 2018. Income tax expenses were RMB19.0 million (US$2.8 million) for the first quarter of 2019, compared with income tax benefits of RMB4.5 million in the same period of 2018. Net income attributable to HUYA Inc. increased by 102.1% to RMB63.5 million (US$9.5 million) for the first quarter of 2019 from RMB31.4 million in the same period of 2018. Non-GAAP net income attributable to HUYA Inc. in the first quarter of 2019, which excludes share-based compensation expenses, increased by 94.1% to RMB131.3 million (US$19.6 million), from RMB67.6 million in the same period of 2018. Diluted net income per American Depositary Share ("ADS") was RMB0.29 (US$0.04) for the first quarter of 2019, compared with diluted net loss per ADS of RMB4.96 for the same period of 2018. Non-GAAP diluted net income per ADS was RMB0.59 (US$0.09) for the first quarter of 2019, compared with RMB0.35 for the same period of 2018. Balance Sheets and Cash Flows As of March 31, 2019, the Company had cash and cash equivalents, short-term deposits and short-term investments of RMB6,329.1 million (US$943.1 million). Net cash provided by operating activities was RMB501.7 million (US$74.7 million) for the first quarter of 2019, compared with net cash provided by operating activities of RMB182.4 million in the same period of 2018. Recent Development In April 2019, the Company successfully completed a registered follow-on public offering of 13,600,000 ADSs by the Company and of 4,800,000 ADSs by a selling shareholder. The Company raised approximately US$313.8 million in net proceeds after deducting underwriting commissions and the offering expenses payable. Immediately after the completion of this follow-on public offering, the Company had a total of 218,031,058 ordinary shares (including 63,673,737 Class A ordinary shares and 154,357,321 Class B ordinary shares) issued and outstanding. Each ADS represents one Class A ordinary share. Business Outlook For the second quarter of 2019, Huya currently expects total net revenues to be in the range of RMB1,730 million to RMB1,790 million, representing a year-over-year growth of between 66.6% and 72.4%. This forecast reflects our current and preliminary views on the market and operational conditions, which are subject to change. Conference Call The Company's management will host an earnings conference call at 9:00 p.m. U.S. Eastern Time on May 16, 2019 (9:00 a.m. Beijing/Hong Kong time on May 17, 2019). Dial-in details for the earnings conference call are as follows: United States: +1-845-675-0437 International: +65-6713-5090 Hong Kong: +852-3018-6771 China: 400-620-8038 Conference ID: 7536389 Participants should dial-in at least 10 minutes before the scheduled start time and ask to be connected to the call for "HUYA Inc" with the Conference ID as set forth above. Additionally, a live and archived webcast of the conference call will be available on the Company's investor relations website at http://ir.huya.com. A replay of the conference call will be accessible approximately two hours after the conclusion of the live call until May 23, 2019, by dialing the following telephone numbers: United States: +1 646-254-3697 International: +61-2-8199-0299 Hong Kong: +852-3051-2780 China: 400-632-2162 Replay Access Code: 7536389 About HUYA Inc. HUYA Inc. is a leading game live streaming platform in China with a large and active game live streaming community. The Company cooperates with e-sports event organizers, as well as major game developers and publishers, and has developed e-sports live streaming as one of the most popular content genres on its platform. The Company has created an engaged, interactive and immersive community for game enthusiasts of China's young generation. Building on its success in game live streaming, Huya has also extended its content to other entertainment content genres. Huya's open platform also functions as a marketplace for broadcasters and talent agencies to congregate and closely collaborate with the Company. Use of Non-GAAP Financial Measures The unaudited condensed consolidated financial information is prepared in conformity with accounting principles generally accepted in the United States of America ("U.S. GAAP"), except that the consolidated statement of changes in shareholders' equity, consolidated statements of cash flows, and the detailed notes have not been presented. Huya uses non-GAAP gross profit, non-GAAP operating income, non-GAAP net income attributable to HUYA Inc., non-GAAP net income attributable to ordinary shareholders, and non-GAAP basic and diluted net income per ADS, which are non-GAAP financial measures. Non-GAAP gross profit is gross profit excluding share-based compensation expenses allocated in cost of revenues. Non-GAAP operating income is operating income excluding share-based compensation expenses. Non-GAAP net income attributable to HUYA Inc. is net income attributable to HUYA Inc. excluding share-based compensation expenses, fair value loss on derivative liabilities and loss on fair value change of investments and equity investee's investments. Non-GAAP net income attributable to ordinary shareholders is net income attributable to ordinary shareholders excluding share-based compensation expenses, fair value loss on derivative liabilities, loss on fair value change of investments and equity investee's investments and deemed dividend to Series A redeemable convertible preferred shareholders. Non-GAAP basic and diluted net income per ADS is non-GAAP net income attributable to ordinary shareholders divided by weighted average number of ordinary shares used in the calculation of non-GAAP basic and diluted net income per ADS. The Company believes that separate analysis and exclusion of the non-cash impact of (i) share-based compensation expenses, (ii) fair value loss on derivative liabilities, (iii) loss on fair value change of investments and equity investee's investments and (iv) deemed dividend to Series A redeemable convertible preferred shareholders adds clarity to the constituent parts of its performance. The Company reviews these non-GAAP financial measures together with GAAP financial measures to obtain a better understanding of its operating performance. It uses the non-GAAP financial measure for planning, forecasting and measuring results against the forecast. The Company believes that non-GAAP financial measure is useful supplemental information for investors and analysts to assess its operating performance without the non-cash effect of (i) share-based compensation expenses, which have been and will continue to be significant recurring expenses in its business, (ii) fair value loss on derivative liabilities and deemed dividend to Series A redeemable convertible preferred shareholders, which may not recur in the future, and (iii) loss on fair value change of investments and equity investee's investments, which may recur when there is observable price change in the future. However, the use of non-GAAP financial measures has material limitations as an analytical tool. One of the limitations of using non-GAAP financial measures is that they do not include all items that impact the Company's net (loss) income for the period. In addition, because non-GAAP financial measures are not measured in the same manner by all companies, they may not be comparable to other similar titled measures used by other companies. In light of the foregoing limitations, you should not consider non-GAAP financial measure in isolation from or as an alternative to the financial measure prepared in accordance with U.S. GAAP. The presentation of these non-GAAP financial measures is not intended to be considered in isolation from, or as a substitute for, the financial information prepared and presented in accordance with U.S. GAAP. For more information on these non-GAAP financial measures, please see the table captioned "HUYA Inc. Reconciliations of GAAP and Non-GAAP Results" near the end of this release. Exchange Rate Information This announcement contains translations of certain RMB amounts into U.S. dollars at a specified rate solely for the convenience of the reader. Unless otherwise noted, all translations from RMB to U.S. dollars are made at a rate of RMB 6.7112 to US$1.00, the rate in effect as of March 29, 2019 as certified for customs purposes by the Federal Reserve Bank of New York. Safe Harbor Statement This announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, the business outlook and quotations from management in this announcement, as well as Huya's strategic and operational plans, contain forward-looking statements. Huya may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission ("SEC"), in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about Huya's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: Huya's goals and strategies; Huya's future business development, results of operations and financial condition; the expected growth of the game live streaming market the expectation regarding the rate at which to gain active users, especially paying users; Huya's ability to monetize the user base; fluctuations in general economic and business conditions in China and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in Huya's filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and Huya does not undertake any obligation to update any forward-looking statement, except as required under applicable law. For investor and media inquiries, please contact: In China: HUYA Inc.Investor RelationsTel: +86-20-8212-0509E-mail: ir@huya.com The Piacente Group, Inc.Ross WarnerTel: +86-10-5730-6202E-mail: huya@tpg-ir.com In the United States: The Piacente Group, Inc. Brandi PiacenteTel: +1-212-481-2050E-mail: huya@tpg-ir.com HUYA INC. UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS (All amounts in thousands, except share, ADS, per share data and per ADS data) As of December 31, As of March 31, 2018 2019 2019 RMB RMB US$ Assets Current assets Cash and cash equivalents 709,019 1,983,258 295,515 Short-term deposits 4,983,825 3,707,121 552,378 Short-term investments 300,162 638,691 95,168 Accounts receivable, net 43,849 70,446 10,497 Amounts due from related parties 238,839 148,894 22,186 Prepayments and other current assets 319,493 232,155 34,592 Total current assets 6,595,187 6,780,565 1,010,336 Non-current assets Deferred tax assets 30,945 34,710 5,172 Investments 219,827 328,570 48,958 Property and equipment, net 87,419 101,528 15,128 Intangible assets, net 51,979 48,433 7,217 Right-of-use assets, net1 - 87,510 13,039 Prepayments and other non-current assets 120,830 100,444 14,967 Total non-current assets 511,000 701,195 104,481 Total assets 7,106,187 7,481,760 1,114,817 Liabilities and shareholders' equity Current liabilities Accounts payable 9,221 19,619 2,923 Deferred revenue 469,378 599,672 89,354 Advances from customers 14,403 8,735 1,302 Income taxes payable - 22,733 3,387 Accrued liabilities and other current liabilities 852,771 862,404 128,504 Amounts due to related parties 34,673 73,179 10,904 Lease liabilities due within one year[1] - 20,947 3,121 Total current liabilities 1,380,446 1,607,289 239,495 Non-current liabilities Lease liabilities[1] - 66,856 9,962 Deferred revenue 80,734 115,013 17,137 Total non-current liabilities 80,734 181,869 27,099 Total liabilities 1,461,180 1,789,158 266,594 Shareholders' equity Class A ordinary shares (US$0.0001 par value; 750,000,000 shares authorized as of December 31, 2018 and March 31, 2019, respectively; 44,639,737 and 45,273,737 shares issued and outstanding as of December 31, 2018 and March 31, 2019, respectively) 29 30 4 Class B ordinary shares (US$0.0001 par value; 200,000,000 shares authorized as of December 31, 2018 and March 31, 2019, respectively; 159,157,321 shares issued and outstanding as of December 31, 2018 and March 31, 2019, respectively) 104 104 15 Additional paid-in capital 7,667,855 7,746,363 1,154,244 Statutory reserves 34,634 34,634 5,161 Accumulated deficit (2,424,182) (2,360,722) (351,759) Accumulated other comprehensive income 366,567 272,193 40,558 Total shareholders' equity 5,645,007 5,692,602 848,223 Total liabilities and shareholders' equity 7,106,187 7,481,760 1,114,817 [1] The Company has adopted ASU No. 2016-02 ''Leases" beginning January 1, 2019 using the optional transition method. The only major impact of the standard is that assets and liabilities amounting to RMB92.1 million and RMB91.7 million, respectively, are recognized beginning January 1, 2019 for leased office space with terms of more than 12 months. HUYA INC. UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (All amounts in thousands, except share, ADS, per share data and per ADS data) Three Months Ended March 31,2018 December 31,2018 March 31,2019 March 31,2019 RMB RMB RMB US$ Net revenues Live streaming 792,784 1,441,782 1,552,482 231,327 Advertising and others 50,798 63,147 78,996 11,771 Total net revenues 843,582 1,504,929 1,631,478 243,098 Cost of revenues(1) (712,533) (1,266,292) (1,358,105) (202,364) Gross profit 131,049 238,637 273,373 40,734 Operating expenses(1) Research and development expenses (51,458) (79,105) (90,044) (13,417) Sales and marketing expenses (25,940) (59,883) (78,164) (11,647) General and administrative expenses (35,783) (92,253) (85,811) (12,786) Total operating expenses (113,181) (231,241) (254,019) (37,850) Other income 10,283 11,124 8,864 1,321 Operating income<
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Venture into the Abyss with the Underwater Ruins Expansion on Black Desert Online
As previously announced on the content roadmap last month, Kakao Games and Pearl Abyss are proud to announce the new Underwater Ruins expansion that will be added to Black Desert Online on the 22nd of May. Only the most seasoned adventurers will be able to venture to these new water-themed locations to face off against some of the fiercest enemies in the game. Players will have to travel by boat and dive into the ocean to enter the two adventuring locations. There are the Protty Cave and the Sycraia Ruins, as well as Sycrid, a brand field new boss in Black Desert Online. Once the location has been reached, players do not have to swim during combat and/or exploration. Featuring brand new enemy types and powerful items for players to acquire, the Underwater Ruins also adds a new summonable boss named Sycrid. This boss will require a small group of players to work together to be able to overcome him. Defeating him gives players a chance to acquire the highly desirable Tungrad Ring, the strongest ring in the game. This week’s maintenance also sees the addition of the Great Marni’s Stone, a feature that rewards players with rare items for killing monsters that correspond with the type of their Great Marni’s stone. Additionally, players can sink their teeth into the ‘Hands of Gold Returns’ event which can net players handsome rewards. More information on how to obtain these items is available on the dedicated event page. The daily attendance rewards have also been revamped with a completely new golden theme. Players can collect up to 200 million Silver by collecting gold items by logging in every day.
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GIRLGAMER Esports Festival Goes Global
- Regional events will be held in Australia, South Korea, Spain and Brazil- World Finals will be held in Dubai, The United Arab Emirates, later this year - The GIRLGAMER Awards will recognize inspiring women in the industry HONG KONG, May 8, 2019 /PRNewswire/ -- The third edition of the award-winning GIRLGAMER Esports Festival will have various worldwide regional events to support the selection of the best female Counter-Strike: Global Offensive (CS:GO) and League of Legends (LoL) teams, that will qualify for the year-end World Finals, to be hosted in Dubai. GIRLGAMER Esports Festival Goes Global The qualifying regionals where the best teams from Oceania, Asia, Europe and LATAM will compete are: Sydney, Australia, on June 9th and 10th Seoul, South Korea, on September 8th Madrid, Spain, on September 28th and 29th São Paulo, Brazil, on October 5th and 6th The GIRLGAMER Esports Festival World Finals will also feature a business conference that includes talks by established international industry leaders, awareness panel discussions, pro players meet & greets, and the GIRLGAMER Awards ceremony, a celebration of the industry's most inspiring women. Organized by Evoloop and presented by Grow uP eSports, the GIRLGAMER Esports Festival is an exciting event focused on celebrating women's competitiveness in video games, as well as a platform to promote women empowerment, having been awarded as the "Best Esports Festival" at the FestX Awards in 2018. This year the event has partnered with Critical Hit Entertainment in Australia, ROX Gaming in South Korea, BBL e-SPORTS in Brazil, and Movistar Riders in Spain, to expand globally, while being proudly supported by Logitech G. Join us around the world and be part of the GIRLGAMER celebration! More information can be found on our Press Kit. Evoloop is an Esports Agency with a global mindset, established in Hong Kong. With a management team that has many years of esports know-how and industry relations, Evoloop hosts competitive tournaments and business conferences, while also offering esports-related services such as event organizing and strategy consultancy. Grow uP eSports is a non-profit organization founded in 2002, now based in Portugal and Macau, with the mission of promoting esports activities in a healthy and responsible way. Grow uP supports its competing teams, manages talent, organizes tournaments and seminars, while helping brands to reach the millennial audience through innovative marketing strategies. Photo - https://photos.prnasia.com/prnh/20190508/2458911-1
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Registration for the Silk Road Esports Tournament opens, Honor of Kings set as the main competition title
SHANGHAI, May 7, 2019 /PRNewswire/ -- FEG has announced the official launch of Silk Road Esports Tournament, an Honor of Kings themed international event, which is supported by the China Culture & Entertainment Industry Association and jointly hosted by Tencent and FEG. SRET KV Silk Road Esports Tournament, held from June 1 to 16, officially focuses on Honor of Kings and offers a total prize pool of 50,000 CNY. The event covers 14 countries, and players from Singapore, Malaysia, Indonesia, Myanmar, Laos, Cambodia, Philippines, Brunei, Bangladesh, Sri Lanka, India, Pakistan, Saudi Arabia and United Arab Emirates are encouraged to register. The Silk Road Esports Tournament is divided into sections such as qualifiers, elimination stage and the final stage. The qualifiers round of 16 teams will be hosted online. Afterwards, 8 teams will advance to elimination stage and 2 teams will proceed to the final stage, which will be hosted in Kuala Lumpur, Malaysia. The champion of the Silk Road Esports Tournament will compete with the KRKPL (Korea King Pro League) teams for the qualifier of Honor of Kings World Champion Cup. Also, the team will have an opportunity to win a total prize of 16 million CNY. For more information, please visit: match.fegsports.com. Honor of Kings is the most popular mobile game in China, and the official esports league-KPL (King Pro League) also boosts the esports market. In 2018, KPL expanded its overseas league-KRKPL (Korea King Pro League). The inaugural KRKPL included the participation of 8 professional Korean teams. This year, 2019 KRKPL Spring Season has upgraded to a more internationalized league by attracting 10 teams from Korea, Hong Kong, Macau, Europe and US. Silk Road Esports Tournament will kick off on June 1. Registration is now open via the following link: match.fegsports.com. About FEG (Fighting Esports Group): In July 2018, Fighting eSports Group (FEG) was established by Chinese and Korean professionals with more than 20 years of experience in eSports. FEG is a corporation providing service in eSports events host and pro players training. FEG is dedicated to promote the globalization of mobile eSports and develop fascinating eSports leagues. Link: www.fegsports.com Photo - https://photos.prnasia.com/prnh/20190505/2456493-1 Related Links :http://match.fegsports.com
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HUYA Inc. Files 2018 Annual Report on Form 20-F
GUANGZHOU, China, April 27, 2019 /PRNewswire/ -- HUYA Inc. ("Huya" or the "Company") (NYSE: HUYA), a leading game live streaming platform in China, today announced it filed its annual report on Form 20-F for the fiscal year ended December 31, 2018 with the United States Securities and Exchange Commission (the "SEC") on April 26, 2019. The annual report on Form 20-F can be accessed on the SEC's website at http://www.sec.gov and on the Company's investor relations website at http://ir.huya.com. The Company will provide a hard copy of the annual report, free of charge, to its shareholders and ADS holders upon request. Requests should be directed to ir@huya.com or the Company's Investor Relations Department at HUYA Inc., Building B-1, North Block of Wanda Plaza, No. 79 Wanbo 2nd Road, Panyu District, Guangzhou, 511442, the People's Republic of China. About HUYA Inc. HUYA Inc. is a leading game live streaming platform in China with a large and active game live streaming community. The Company cooperates with e-sports event organizers, as well as major game developers and publishers, and has developed e-sports live streaming as one of the most popular content genres on its platform. The Company has created an engaged, interactive and immersive community for game enthusiasts of China's young generation. Building on its success in game live streaming, Huya has also extended its content to other entertainment content genres. Huya's open platform also functions as a marketplace for broadcasters and talent agencies to congregate and closely collaborate with the Company. For more information, please visit http://ir.huya.com. For investor and media inquiries, please contact: In China: HUYA Inc. Investor Relations Tel: +86-20-8212-0509 E-mail: ir@huya.com The Piacente Group, Inc. Ross Warner Tel: +86-10-5730-6202 E-mail: huya@tpg-ir.com In the United States: The Piacente Group, Inc. Brandi Piacente Tel: +1-212-481-2050 E-mail: huya@tpg-ir.com View original content:http://www.prnewswire.com/news-releases/huya-inc-files-2018-annual-report-on-form-20-f-300839278.html
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[TGS2019] Indie Game Area“Selection Booth”“SOWN2019”Now accepting applications
TOKYO GAME SHOW 2019, organized by the Computer Entertainment Supplier’s Association (CESA) and co-organized by Nikkei Business Publications, Inc. (Nikkei BP) decided to carry out two projects and started accepting applications for them to support the independent game (indie game) developers: one is Indie Game Area “Selection Booth,” the exhibition area of free-of-charge, and the other is “SENSE OF WONDER NIGHT 2019 (SOWN 2019),” the contest to determine the excellent game ideas from the exhibitors in the Indie Game Area “Selection Booth.” Since it was established in 2013, Indie Game Area “Selection Booth” has offered to exhibit the titles which pass the screening and will have many visitors including the game industry professionals to gamer funs every year. In TGS2018, 86 developers from 22 countries/regions, screened from 295 applicants around the world, had exhibited in the Indie Game Area “Selection Booth.” On the other hand, SOWN is established in 2008 as a project to showcase game ideas that will give the players “Sense of Wonder” － a feeling that something will change in players’ world. This had been originally held alone, but has changed to the project to give a chance to be the SOWN presenters selected from Indie Game Area “Selection Booth” exhibitors, to present their own game ideas from 2017. In the TGS2018, eight developers appeared on the stage as the presenters of SOWN. It is now confirmed that Nintendo Co., Ltd. decided to support indie game developers as a sponsor for both projects. Developers whose titles selected by the TGS Management Office get to exhibit in the Indie Game Area “Selection Booth” for free. Also, Nintendo co-sponsors SOWN2019. Both projects will be carried out with the cooperation of International Game Developers Association Japan Chapter (IGDA Japan). Through these projects, TGS will provide opportunities to disseminate new games created by independent game developers to the world.
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Moonton Kicks Off Mobile Legends' 515 Unite Campaign in Singapore
The 515 Unite global campaign with the slogan United We Win has been launched to bring gamers and the general public to the Mobile Legends game SHANGHAI, April 25, 2019 /PRNewswire/ -- Mobile game developer Moontoon Shanghai Technology proudly announces that they have now launched their 515 Unite global campaign with the hashtag #515Unite #MLBB which seeks to bring together gamers (not only Mobile Legends players) from around the world and introduce the general public to the Mobile Legends: Bang Bang game. EZ-Link Promo Banner The campaign will feature exciting events, carnivals and roadshows to promote Mobile Legends. It will start on the 27th of April and will include several interesting activities such as: Custom in-game mode during campaign period only; Showcase of trailer across all Golden Village cinemas; Release of theme song, followed by an exciting Dance Contest; Treasure Hunts; Cosplay Competition; SGD 15,000 worth of cash and prizes to giveaway from Limited Edition Miya character figurines, Special Edition EZ-Link cards and more. The offline 515 United We Win live event will hold across several locations which include the AMK Hub on the 27th of April, Bugis Junction on the 4th of May, Scape on the 11th of May and City Square Mall on the 19th of May. During the event, interesting activities have been lined up for all Mobile Legends gamers, Esports fans and the general public. These activities include treasure hunts, completing real-world quests and taking selfies with Fanny and Tigreal cosplayers, a chance to play mini games and meet with influencers, dance competition with 515 United We Win theme song and a lucky draw with up to SGD 15,000 worth of cash and prizes to be won. The Offline 515 United We Win event presents a chance for participants to win merchandise like 515 United We Win Goodie Bag (which includes lanyard & keychain), 515 United We Win T-shirt, 515 Limited Edition Miya Figurine and a 515 United We Win EZ-Link Card (with $5 pre-value). Online & in-game activities include 515 United We Win theme song with an exciting dance contest, and an opportunity to complete in-game tasks to unlock in-game rewards. "Esports is growing in Singapore and Southeast Asia, and Mobile Legends is currently one of the biggest titles in the region." Says Nelson Woon, Regional Marketing Manager for South-East Asia, Moonton. "If you have realized, even the Olympic Council Asia has realized that the global viewerships & content value for esports has overtaken traditional sports, and what follows next will be the revenue (i.e. sponsorships, content & media rights, ticketing & merchandise). That is why we have Esports as a medal event on par with traditional sports for Asian Games last year (2018) and SEA Games this year (2019)." ABOUT MOONTON Moonton is a company founded in 2014 with headquarters in Shanghai, China. Currently, Moonton has more than 200 employees in Shanghai, Beijing and Hefei. Moonton focuses on global mobile game market, develop and publish games themselves. Being one of the fastest growing companies in China, Moonton is the No. 1 Chinese company which has the most players outside China. Mobile Legends: Bang Bang is their current star game and the leader in mobile Multiplayer Online Battle Arena (MOBA) games worldwide. Follow on Facebook at https://www.facebook.com/MoontonGames to learn more. ABOUT MOBILE LEGENDS: BANG BANG Mobile Legends: Bang Bang is the most popular mobile MOBA game in the world (outside of China). It has over 500 millions installs and 60 million Monthly Active Users. Due to its fast growth, it has reached the top 10 grossing rank in more than 50 countries. It is a MOBA which covers most countries, including Southeast Asia, Middle East and India. In total, Mobile Legends: Bang Bang has reached 135 countries/regions, localized in 23 languages and operated in more than 700 servers to make sure the game runs smoothly. Follow Mobile Legends: Bang Bang on Facebook at https://www.facebook.com/mobilelegendsgame to learn more about the upcoming campaign.Register for the event at bit.ly/sg515registrationFor more information, please contact our official marketing partner, Fai Masri, fai.masri@3dbrandingagency.com, +65 97112904 Photo - https://photos.prnasia.com/prnh/20190425/2446605-1 Logo - https://photos.prnasia.com/prnh/20190425/2446605-1LOGO
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Pearl Abyss Reveals Black Desert Online Roadmap
Today Pearl Abyss has announced the Black Desert Online roadmap that will introduce a host of new content and activities to the popular MMORPG in the 2nd quarter of 2019. Players can look forward to interesting areas to explore, fiery mounts to ride, new weapons to wield and a brand new PvE experience that will enthrall the community as a whole. Although the exact dates are to be confirmed, Pearl Abyss and Kakao Games are planning to bring the following content to Western audiences before the end of this quarter. Doom, a new hellish Dream Horse that will only accept the fiercest of riders. It is a true achievement for those who are diligent enough to harness their horse breeding skills. This new dream horse will be available next week. Underwater Ruins, These mysterious ruins can be accessed from a secret rift that exists deep down in the Ocean and contains high-level areas with new monsters and a field boss to boot. Star’s End is a new region that will be key to unlock the ultimate prize, the infamous BlackStar Weapon. Only the most dedicated, most bravest of adventurers will be able to wield it. A brand new experience will add new group based content to Black Desert Online which will introduce a different type of PvE than what players have seen so far. Aside from these major content updates, smaller changes will also be made to keep people engaged and improve the overall quality of Black Desert Online. The Mediah Quest Renewal, for instance, will update most activities in the region, including background lore and story to provide a more immersive experience. In Garmoth Chase players will have to follow the menacing dragon as he flies around Drieghan. Lucky players can earn the rewards he drops down from the sky. Many other events will be rolled out, starting with Mystical Ellie’s Water Festival that commences today. This spring event is bigger than ever before, so make your way to Terrmian Beach to join in on the fun. Get ready for some serious water balloon popping, fishing activities and other event quests and get handsomely rewarded.
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TGS 2019 Indie Game Area “Selection Booth” “SOWN2019” Now accepting applications
TOKYO GAME SHOW 2019, organized by the Computer Entertainment Supplier’s Association (CESA) and co-organized by Nikkei Business Publications, Inc. (Nikkei BP) decided to carry out two projects and started accepting applications for them to support the independent game (indie game) developers: one is Indie Game Area “Selection Booth,” the exhibition area of free-of-charge, and the other is “SENSE OF WONDER NIGHT 2019 (SOWN 2019),” the contest to determine the excellent game ideas from the exhibitors in the Indie Game Area “Selection Booth.” Since it was established in 2013, Indie Game Area “Selection Booth” has offered to exhibit the titles which pass the screening and will have many visitors including the game industry professionals to gamer funs every year. In TGS2018, 86 developers from 22 countries/regions, screened from 295 applicants around the world, had exhibited in the Indie Game Area “Selection Booth.” On the other hand, SOWN is established in 2008 as a project to showcase game ideas that will give the players “Sense of Wonder” － a feeling that something will change in players’ world. This had been originally held alone, but has changed to the project to give a chance to be the SOWN presenters selected from Indie Game Area “Selection Booth” exhibitors, to present their own game ideas from 2017. In the TGS2018, eight developers appeared on the stage as the presenters of SOWN. It is now confirmed that Nintendo Co., Ltd. decided to support indie game developers as a sponsor for both projects. Developers whose titles selected by the TGS Management Office get to exhibit in the Indie Game Area “Selection Booth” for free. Also, Nintendo co-sponsors SOWN2019. Both projects will be carried out with the cooperation of International Game Developers Association Japan Chapter (IGDA Japan). Through these projects, TGS will provide opportunities to disseminate new games created by independent game developers to the world.
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France crowned first-ever FIFA eNations Cup champions
France were crowned the first-ever FIFA eNations Cup champions today after a dramatic victory in the final against Argentina. Following a weekend of excitement, tension and drama that saw eFootball teams from 20 member associations and six confederations battle it out, France secured their place in eFootball history to become the first-ever FIFA eNations Cup champions, winning the USD 40,000 top prize and 1,500 EA SPORTS FIFA 19 Global Series Points. The team of France comprised of world number 6 on PS4, Corentin ‘MAESTRO’ Thullier, and world number 5 on Xbox, Lucas ‘DaXe’ Cuillerier. Following the victory alongside his team-mate, Corentin ‘MAESTRO’ Thullier from France said: “Becoming the FIFA eNations Cup champion is amazing. I can’t believe it. Winning the FIFA eNations Cup for your country and becoming the first-ever champion is an absolutely incredible feeling. Both DaXe and I had some really tough matches over the two days so to come away as champions and the title of the best eFootball nation in the world is really special.” The crowning of the first-ever FIFA eNations Cup champion capped an exciting two days of competition between 20 of the world’s best eFootball nations at the FIFA eNations Cup, which also provided member associations with the opportunity to run a national selection process to identify the two best eFootball players in their respective country. Christian Volk, Director of eFootball and Gaming at FIFA, said: “As part of continued professionalisation of eFootball, the FIFA eNations Cup has presented an important stepping stone to further grow the eFootball ecosystem, offering member associations with the chance to run their own national selection process and qualifying events. “As the Road to the FIFA eWorld Cup enters its final stage, we look forward to an exciting conclusion to the EA SPORTS FIFA 19 Global Series as eFootball continues to experience unprecedented interest and engage with new audiences around the world.”
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A New Class Swings into Black Desert SEA
SEOUL, South Korea, April 10, 2019 /PRNewswire/ -- The wait is over for Adventurers yearning to float on the wind and deliver death from above. Pearl Abyss announced today that Lahn, one of Black Desert's most unique and iconic classes, is now available in Black Desert SEA. Stride Through the Skies with Lahn, the Newest Class in Black Desert SEA Lahns hail from an eastern kingdom and are practitioners of a combat style never before seen in the Black Desert world. Wielding a Crescent Pendulum linked to a Noble Sword, they combine the beauty and grace of ceremonial sword dances with swift, deadly swordsmanship to cut down their enemies. Masters of both melee and ranged attacks, Lahns strive to guard the weak and cleanse evil from the world. Multiple events are now live to bring the celebrations for Lahn into full swing. Those training to become a practitioner of the dance of death can simultaneously level up another new character in a special 1+1 EXP Sharing Event. For a limited time, aspiring Adventurers can also get permanent access to the game by playing for 7 days in addition to reaching level 56 on a trial account. For those who wish to immediately jump into the thick of things, game packages are on sale for 40% off until May 1. A new Olvia Server exclusive to new and returning Adventurers has also been added to help them get acquainted with Lahn and the Black Desert world. It features a better introductory environment and supplies huge Combat and Skill experience buffs. When Adventurers reach level 58, they will be better prepared to face the trials and tribulations on other servers alongside veteran players. With these events and Lahn's arrival, there has never been a better time to explore the lands within Black Desert SEA. Learn more at sea.playblackdesert.com. About Black Desert Black Desert is an open-world action MMORPG with cutting-edge visuals and skill-based combat that redefines the genre. With the most developed character customization system of any game on the market, users can break out of the norm and make unique characters that truly represent themselves. Its intuitive controls, beautifully-designed world, and extensive lore will excite both newcomers and veterans of MMOs and ARPGs. Black Desert has been successfully launched on PC in over 150 countries and has over 10 million registered players. The mobile and console versions are scheduled to launch globally in 2018 and beyond. Photo - https://photos.prnasia.com/prnh/20190408/2426871-1
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Acer Announces Collaboration with Top Twitch Streamer 'Shroud'
Top Twitch streamer to become a Predator global brand ambassador TAIPEI, Taiwan, April 9, 2019 /PRNewswire/ -- Acer Inc today announced that Mike "Shroud" Grzesiek, one of the most popular streamers on Twitch, is named as a Predator global brand ambassador. Shroud will help amplify Acer's Predator line of gaming PCs and monitors to his fans and the gaming community. "Acer is excited to have such a brilliant gaming talent join the Predator gaming family," said Vincent Lin, Associate Vice President, Product Marketing and Planning, Acer Inc. "We look forward to collaborating on new ways to get the word out on the latest Predator products to both Predator fans and the gaming community at large." "I'm excited to be collaborating with Predator," said Shroud. "I have previously built my own, custom systems and have the highest standards for the gear I use. Streaming every day requires top-of-the-line performance from my hardware and Acer's Predator PCs and monitors are a great fit for my insane needs." Shroud, who has over 6 million Twitch followers, began his career as a professional CS:GO player. After retiring from competitive play he moved on to become full-time streamer and has since accrued a massive fan base across his social media profiles. About Acer Founded in 1976, today Acer is one of the world's top ICT companies and has a presence in over 160 countries. As Acer looks into the future, it is focused on enabling a world where hardware, software and services will infuse with one another to open up new possibilities for consumers and businesses alike. From service-oriented technologies to the Internet of Things to gaming and virtual reality, Acer's 7,000+ employees are dedicated to the research, design, marketing, sale, and support of products and solutions that break barriers between people and technology. Please visit www.acer.com for more information. © 2019 Acer Inc. All rights reserved. Acer and the Acer logo are registered trademarks of Acer Inc. Other trademarks, registered trademarks, and/or service marks, indicated or otherwise, are the property of their respective owners. All offers subject to change without notice or obligation and may not be available through all sales channels. Prices listed are manufacturer suggested retail prices and may vary by location. Applicable sales tax extra. View original content to download multimedia:http://www.prnewswire.com/news-releases/acer-announces-collaboration-with-top-twitch-streamer-shroud-300827657.htmlRelated Links :http://www.acer.com
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On 20th Anniversary of The Matrix, MIT Game Industry Veteran to Release “The Simulation Hypothesis”
At the Game Developers Conference (GDC), bestselling author, renowned MIT computer scientist and Silicon Valley video game designer Rizwan Virk announced that his book, The Simulation Hypothesis, will be released on the 20th anniversary of the release of the film, The Matrix. This is the first serious book by a video game industry veteran to explain one of the most consequential theories of our time, that we are living inside a sophisticated video game. “When the Matrix came out in 1999, it was in the realm of science fiction,” said Virk. “In the 20 years since, with the evolution of MMORPGs, Virtual Reality, AR, AI, and Neuroscience, we are getting closer and closer. In this book, I lay out a clear path from today’s tech to building the Matrix.” Virk is the founder of Play Labs @ MIT, a video game startup incubator at the MIT Game Lab, and co-founder, advisor and investor in many video game startups including Discord, Telltale Games, Funzio, Gameview, Tapjoy and Sliver.tv. Pulling together concepts from computer science, artificial intelligence, video games, quantum physics, and both ancient eastern and western religious texts, Virk shows how all of these traditions come together to point to the idea that we may be inside a simulated reality like The Matrix. Science fiction writers like Philip K. Dick have explored the idea of a simulated reality. More recently, prominent figures like Elon Musk, and scientists like Neil deGrasse Tyson and others have spoken about the idea. Futurists like Google’s Ray Kurzweil have popularized the idea of downloading consciousness, and Oxford’s Nick Bostrom published a paper in 2003 that concluded we are living in a simulation. The book explores the history of video game development and brings together arguments from these diverse thinkers. The Simulation Hypothesis is for computer scientists, science fiction fans, video game enthusiasts, and spiritual seekers looking to understand the nature of reality. The book includes endorsements by Noah Falstein, Tessa B. Dick, Jacques Vallee, Dannion Brinkley, Brent Bushnell and Diana Walsh Pasulka. The book is available for pre-order now and will be released on March 31, 2019. https://www.amazon.com/dp/B07M81F1KG, or visit the author’s website at www.zenentrepreneur.com - Endorsements for Rizwan Virk’s book: The Simulation Hypothesis “The Simulation Hypothesis by Riz Virk lays out both the technical aspects of computer simulation and the mystical reasons why we can take Philip K. Dick seriously when he proposed that we are living in a computer-generated reality. His vision that this world is not quite real informed much of his science fiction. This book explains that idea from scientific and religious perspectives.” ~Tessa B. Dick, author of Conversations with Philip K. Dick, wife of Philip K. Dick "The Simulation Hypothesis presents a radical alternative to current models of reality. Many fields of human experience rejected or neglected by modern science can be brought under the framework proposed by Riz Virk, relying on the latest insights of computer science and on the author's unique experience with the design of digital games. The result is a stunning reappraisal of what it means to be human in an infinite universe." ~Jacques Vallée, venture capitalist and author of Forbidden Science, former NASA and Stanford Research Institute scientist, and basis for the French scientist in Close Encounters of the Third Kind “In The Simulation Hypothesis, Riz Virk provides a deft and knowledgeable blend of video game history, hard science speculation, and science fiction references. Whether or not you believe we all exist in a simulation, I found it both fascinating and entertaining.” ~Noah Falstein, former chair of the IGDA, former Chief Game Designer at Google “In The Simulation Hypothesis, Riz Virk takes current trends of immersion in video games and personalized entertainment to their logical conclusion: how to build a simulation as real as what we experience in daily life. While no one can say for certain how many lives we have, my advice is to the assume it's a "one-life game" and make the best of it!" ~Brent Bushnell, Founder and CEO of Two Bit Circus, "My own experience has taught me that we live, teach, learn and love in a virtual world. In The Simulation Hypothesis, Riz Virk combines the mind of a scientist with the heart of a mystic, using video games to explain the virtual reality that we live in.” ~Dannion Brinkley, bestselling author of Saved by the Light and At Peace in the Light “Rizwan Virk's book The Simulation Hypothesis is one of the few works that could convince me that I probably live in a simulated universe. Virk's breadth of knowledge encompasses the history of religions, philosophy, popular culture, modern physics and computer technology, drawing connections which show his theory is not only feasible but probably correct. If this sounds mind blowing, it is! This book is also really funny and engaging, with references to popular culture and video games to keep the philosophy and science enjoyable. I highly recommend this book - it expanded my mind's bandwidth!" ~Diana Walsh Pasulka, Professor of Philosophy and Religion, University of North Carolina Wilmington, author of American Cosmic: UFOs, Religion, Technology
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ALAX Gaming Platform Completes Token Migration to DECENT’s DCore, Paves the Way for Token Swap Services
DECENT declares an official conclusion to the ALAX Token Swap initiative. The ALAX token (ALX), formerly hosted as an ERC20 token on the Ethereum blockchain, has successfully migrated to DECENT’s DCore blockchain. ALX token holders can now store their tokens on all of DECENT’s wallet services as well as ALAX’s own ALAX Pay application. ALAX is a Hong Kong and Geneva-based mobile games distribution platform which, compared to its competition, plans to provide content distribution and game purchases with higher speed and efficiencies. ALAX is set to supply app and game developers with access to millions of new consumers in emerging markets. A unique attribute of ALAX’s marketplace lies within its region-free availability, including a concentrated population of 438 million unbanked individuals in the Southeast Asia region alone. Earlier this year, ALAX successfully performed a full switch to DCore from the Ethereum blockchain. ALAX token holders were prompted to perform a simple migration process in which they moved their tokens from the bygone platform to DCore. Matej Michalko, CEO and Founder of DECENT and Co-Founder of ALAX, attributes the switch to DCore to its “advantageous speed, stability, and security, further advancing the capabilities that the ALAX platform offers to its users. ALAX is, indeed, a unique project which strives to make use of those qualities for the best user experience imaginable. We’re excited that the swap process went seamlessly and that ALAX was able to make such a smooth transition to DCore and reap its full potential.” As of today, ALAX has released its conclusive figures pertaining to the swap process. The total number of accounts which performed the swap was 487 with more than 43 million ALX tokens successfully swapped. Users were able to migrate the tokens to their newly created DECENT Wallet accounts. Unique accounts that received ALX tokens from the swap were credited 0.005 DCT (DECENT’s cryptographic asset) to cover the transfer fee, enabling users to send their tokens to the recently released ALAX Pay application – dedicated to storing ALX tokens with the ability to top up balances with cash. With ALAX being DECENT’s first successful project to be switched to DCore from a different blockchain, DECENT appeals to developers and blockchain companies for an easy switch to DCore from ERC20-based blockchains, accentuating its platform’s transaction speed (2,000+ TPS) and advanced security features. The company also offers to cover all fees associated with the switch, meaning that all amounts of DCT required for swap-related transactions will be taken care of. DECENT encourages any blockchain company interested in switching to DCore to contact the company.
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Draw sets the stage for first-ever FIFA eNations Cup
The group stage for the first-ever FIFA eNations Cup has been set following the Official Draw that took place today at the Home of FIFA. Featuring 20 of the world’s top eFootball teams from across all six confederations (CONCACAF, CONMEBOL, CAF, OFC, AFC and UEFA), the inaugural FIFA eNations Cup takes place in London on 13-14 April and will see nations competing to win the title and for a prize pool totalling USD 100,000. FIFA eNations Cup 2019 - Official Draw Group A – England, Finland, South Africa, France, Saudi Arabia Group B – Spain, USA, New Zealand, Mexico, China PR Group C – Germany, Norway, Sweden, Argentina, Brazil Group D – Portugal, Russia, Australia, Denmark, Netherlands To download the graphic, please click HERE. As part of the format of the first-ever FIFA eNations Cup, participating nations and players will compete in individual (1v1) and team (2v2) matches across both consoles during the group stage with the top two nations in each of the four groups progressing through to the knockout stages. The qualification process for national teams competing at the FIFA eNations Cup is underway and will be run by member associations. The FIFA eNations Cup 2019 takes place in London, England during the 13-14 April 2019 and will be streamed live across FIFA’s digital channels.
