In a bold move, Saudi Arabia’s Esports World Cup Foundation (EWCF) has unveiled a game-changing initiative for esports teams: the EWCF Club Support Program. This program aims to provide substantial financial backing to 30 esports organizations from around the world, enabling them to diversify their operations and create more opportunities for professional players. Which Teams…
Krafton, the South Korean gaming giant behind the smash-hit PUBG: Battlegrounds, has acquired a minority stake in Far From Home, the Polish independent studio behind the highly anticipated game Forever Skies. This investment is part of Krafton’s strategy to support promising independent developers and their creative visions. Promising New Title: Forever Skies Forever Skies is…
Fueling the Rise of Indie Game Developers! Japan’s Ministry of Economy, Trade and Industry has launched the “So-Fu” Incubator program for its indie game developers. This groundbreaking initiative aims to provide mentorship, financial support, and practical guidance to the country’s burgeoning indie game development scene. What is the “So-Fu” Program? The “So-Fu” program, which translates…
In a bold move, Saudi Arabia has announced the establishment of two venture funds worth a staggering $120 million in collaboration with the Social Development Bank (SDB) at the LEAP tech conference in Riyadh. This initiative is part of the country’s Gaming and Esports Financing Programme, aimed at accelerating growth and amplifying the industry’s economic…
The Walt Disney Company recently announced a monster $1.5 billion investment into leading game developer Epic Games, the masterminds behind the global phenomenon Fortnite. This partnership aims to create an all-new game and expansive virtual Disney universe packed with beloved characters and franchises. But what exactly does this mean? And what magic can we expect…
One True King (OTK) made waves during their annual shareholders meeting, announcing an exciting slate of gaming content and expanded initiatives for 2024. The media company, founded by prominent streamers like Asmongold and Emiru, revealed plans for a Shark Tank-style streaming show called “Pixel Pitch” that will give indie game developers a platform to showcase their…
