An Unprecedented Triple Catalyst Market Oppor∙tunity
The global gaming market is expected to more than double to over $500 Billion by 2030, – with a staggering 3 billion active gamers in 2023.
The popularity of esports, namely video game tournaments and broadcasts, is exploding – with an audience of 540 million people in 2023, higher than the viewership for certain U.S. professional baseball, soccer, and hockey finals.
The emergence of esports betting – which at still less than 3 billion in total value, remains one-hundredth of the size of the mammoth $231 Billion sports betting sector, and is growing at a blistering speed.
As these three megatrends rapidly converge, video gaming companies are scrambling for a solution to attract hundreds of millions of potential gamers – in a fast, gamer-friendly, and cost-effective way.
One innovative gaming company has developed an unprecedented strategy to do exactly this…
Welcome to Your New Premium Alert
NFT Gaming (NASDAQ: NFTG)
After scanning thoroughly the markets to find the best gaming stock possible, one company stands out clearly as a potential market dominator.
The NFT Gaming Company founded in 2021, is a squad of passionate entrepreneurs and financiers, storytellers and gamers. We are merging our diverse experience into a multi-genre platform of games that delight every type of player.
The NFT Gaming Company is developing a digital gaming platform that will offer our proprietary games as well as games developed and published by third parties. Our vision is to develop, design, acquire, and manage conventional digital games and to combine them with novel methods, such as the ability to create and mint unique in-game features, such as skins, characters, weapons, gear, in the form of non-fungible tokens, or "NFTs," that will allow users to have unique experiences and more control over in-game assets. We plan to initially launch our own proprietary games that are simple and fun to play, and that offer gamers the ability to mint their own affordable NFTs within the platform, with unique and exclusive features, that can be utilized across the network of games and platform that we plan to build.
What Triggered This Enormous Momentum
For The Gaming Industry?
During the pandemic, millions of people turned to gaming as a way to stay entertained and connected with others while remaining at home.
This has led to a surge in demand for gaming consoles as well as in-game purchases and subscriptions.
With new players joining the gaming community every day, the digital gaming sector is poised for continued growth in the years to come, and is expected to more than double to over $500 Billion by 2030, with a staggering 3 billion active gamers in 2023.
The Next Big Gaming Industry Disruptor
is Front and Center
The NFT Gaming Company is pushing the boundaries of the industry and disrupting traditional business models in the gaming sector. The company is creating a digital gaming platform that will feature both its own proprietary games and those developed and published by third-party game developers.
The NFT Gaming Company's goal is to develop, acquire, and manage traditional digital games while incorporating new, never-before-seen methods, such as the creation and minting of non-fungible tokens (NFTs) for in-game features like skins, characters, and experiences.
The combining of blockchain based NFT technology with traditional gaming elements allows users for a personal, customizable experience, like never seen before in the gaming industry.
The NFTG gaming platform is known as the Gaxos platform.
With the Gaxos platform, players will have the ability to move their characters and achievements between games as NFTs. This will allow users to have more control over their in-game assets and have more unique experiences.
Initially, the company plans to start by releasing their own straightforward and enjoyable proprietary games that allow gamers to easily mint their own affordable NFTs within the Gaxos platform. These NFTs will come with unique and exclusive features that can be utilized across the network of games on the NFTG platform.
Six Gaming Market Trends to Boost
NFTG's Shareholder Value
Continuous technological advancements in the gaming industry are significantly propelling the industry's growth. They are enhancing the way games are created and improving the overall gaming experience of the users.
Game developers across emerging economies are continually striving to enhance the gaming experience by launching and rewriting codes for diverse console/platforms, such as PlayStation, Xbox, and Windows PC, incorporated into a standalone product provided to gamers through a cloud platform.
The rising internet connectivity, increasing adoption of smartphones, and the advent of high bandwidth network connectivity, such as 5G, have further increased the demand of the gaming market across the globe. According to the GSMA report, as of November 2021, 170 mobile operators launched commercial 5G services with 7% population penetration at the end of 2021, thereby opening new oppor∙tunities for the mobile vendors to introduce 5G smartphones in the market.
According to the statistics published by DataReporal, the number of internet users increased by 7.7% in 2021 compared to 2020. Moreover, the number increased by 4% to 4,950 million in January 2022 compared to January 2021, when the users totaled 4,758 million.
Cloud gaming services focus on leveraging hyper-scale cloud capabilities, streaming media services, and global content delivery networks to build the next generation of social entertainment platforms. These factors have an anticipated positive impact on market growth.
Leveraging cloud technology in the gaming market is likely to drive the demand and engagement of multi-players for different games, boosting the market growth during the forecast period.
The Next Enormous Catalysts For NFTG - Artificial Intelligence "AI"
The Company Accelerates its Use of Big Data
News Link Here - snapshot below
In addition, investors should take note of the recent announcement on March 6, 2023 by NFTG that it had acquired the artificial intelligence assets of Voxpow for integration into its exclusive game portfolio.
Voxpow boasts natural language processing speech recognition powered by AI that can understand more than 100 languages and their variations.
"We're excited to implement Voxpow into our ecosystem for the development of next-generation Artificial Intelligence-powered games," said Vadim Mats, Chief Executive Officer of NFT Gaming. "Players will now be able to use their voice to control various aspects of games, such as movement, responses, and other actions. Securing this technology allows us to expand our offering of games and enhance the overall gaming experience."
With its unique approach to incorporating non-fungible tokens into its gaming platform and the rapidly growing gaming industry, NFTG could be an intriguing investment oppor∙tunity for investors looking to get involved in this exciting sector.
Management Team - Key Driver For Exceptional Shareholder Growth
Vadim Mats - Chairman & Chief Executive Officer
Mr. Mats was Chief Financial Officer of DatChat, Inc. (NASDAQ: DATS) from July 2021 to January 2022 and supported the company's successful IPO on Nasdaq. From March 2018 to June 2021, Mr. Mats served as Chief Financial Officer of Grand Private Equity, a fintech-focused family office with investments and operating business in cryptocurrency and blockchain products.
Mr. Mats is also the Founder and Partner of BespokeCFO, a finance and accounting advisory practice. From June 2010 to December 2016, Mr. Mats was Chief Financial Officer of a hedge fund based in New Jersey. Prior to that, Mr. Mats was the Assistant Controller at Eton Park Capital Management, LP, a multi-strategy fund, from July 2007 to December 2009.
Mr. Mats holds a Master of Science degree in accounting and finance and a bachelor's degree in business administration specializing in finance and investments from the Zicklin School of Business at Bernard Baruch College. Further, Mr. Mats is a CAIA © Charterholder and a Certified Public Accountant in the State of New York.
Steven A. Shorr - Chief Financial Officer
Mr. Shorr is an accomplished accounting professional with over 30 years of experience. Since 2006, he has been Partner of Jubran, Shorr & Company, a tax, accounting, and advisory firm. In 2001, Mr. Shorr founded Steven Shorr CPA, an accounting and tax practice, operating until 2006. Prior to 2001, he served as the Controller of CounterPoint Capital Management, a New York-based hedge fund. Mr. Shorr has also previously worked for public accounting firms, Kenneth Leventhal & Company and Cavalcante & Company. Mr. Shorr earned his Bachelor of Arts degree in Accounting from Queens College and is a Certified Public Accountant in the State of New York.
Manny Benor - Head of Game Operations
Mr. Benor spent the last 15+ years building, leading, and exiting Adtech and Martech businesses since the nascent stages of the industry. His most recent company, Mode Technologies, Inc. after a merger with Carbon RMP, was acquired by Magnite, Inc. (NASDAQ: MGNI), an operator of an independent sell-side marketing platform. Mr. Benor helped advertisers position their brand and accelerate growth, and enabled publishers to increase revenue through real-time data analysis.
His leadership and experience spans building and investing in digital marketing and advertising, e-commerce, gaming, cryptocurrency, and non-fungible tokens (NFTs). Mr. Benor holds a bachelor's degree in business administration specializing in finance and investments from the Zicklin School of Business at Bernard Baruch College.
Breaking News Development Could Trigger Breakout
NFT Gaming Company $500,000 Share Buy Back
ATTENTION HERE: This is really what caught my eye, and will do the same for you as well. When a company buys up its own stock, that is a very bullish sign that many savvy investors specifically look for.
It basically tells the story that they believe their stock is WORTH more and they are in it for more.
News Link Here - snapshot below
Roseland, NJ , Mar 22, 2023 (GLOBE NEWSWIRE via COMTEX) -- Roseland, NJ , March 22, 2023 -- The NFT Gaming Company Inc. (NASDAQ: NFTG) ("NFT Gaming" or the "Company"), a company developing a digital gaming platform and community that will offer users the ability to mint unique avatars playable in all of the games on the platform in the form of non-fungible tokens, or "NFTs," today announced that the Board of Directors has authorized the repurchase of up to $500,000 of the Company's common stock.
"The current capital market conditions allow us to capture additional value for all shareholders through this measured buyback program. Our Board of Directors and executive management team are committed to delivering value to our shareholders," said Vadim Mats, Chief Executive Officer.
The timing, the number of shares repurchased, and prices paid for the stock under this program will depend on available liquidity, cash flows and market conditions as well as corporate and regulatory limitations, including blackout period restrictions. The repurchase program does not obligate the Company to acquire any particular amount of shares, and the repurchase program may be suspended or discontinued at any time at the Company's discretion.
Conclusion...
The gaming market is growing with the increasing per capita income, growing interest, and the rising number of dual-income households, augmenting the transformation of the global market.
With the increasing usage of smartphones and consoles and cloud penetration, the market shows high potential growth in the future.
Make sure you pay close attention to your inbox come Monday for real-time updates.
I am urging all of our members to add NFTG to the top of your watch list right now, and be ready Monday morning at the opening bell!
10X Your Wealth,
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