PRESS RELEASE. CA Game Fi Inc., (headquartered in Shibuya- ku, Tokyo, Japan; Taro Yamamoto, Representative Director; hereafter CA Game Fi), a subsidiary of CyberAgentInc (headquartered in Shibuya- ku, Tokyo, Japan; Makoto Fujita, Representative Director; noted on the TSE’s very first area, Stock Code 4751; hereafter CyberAgent), now reveals the facility of the business to run blockchain video game service on March 23th, 2022.
CA Games Fi was developed to launch blockchain video games to the international market, consisting of Asia and the United States, by leveraging CyberAgent’s strength collected through the advancement of its significant video game titles. The above-mentioned blockchain video games include their video games and titles whose IP are held by other business.
Background and Purpose of Establishment
In current years, Game Fi has actually been bring in attention in the market. Game Fi, a term created by integrating “Game” and “Finance”, describes a video game that incorporates NFT and cryptocurrencies based upon blockchain innovation.
Unlike the standard method of delighting in video games simply as home entertainment, Game Fi is developed to offer the whole community through products and characters whose creativity and rarity are ensured by blockchain. These things and characters have possession worth and are often sold a big quantity, particularly in popular video games.
Since there are currently mega titles worldwide with more than one million active users and cumulative deal quantities of numerous billions of dollars, Game Fi is now acknowledged as a brand-new growing market that differentiates itself from the standard video game market.
CyberAgent has actually grown to among the biggest mobile phone video game business by continually producing a string of hits with several subsidiaries obtained through the current massive advancement. CyberAgent will develop blockchain video games as a brand-new service through CA Game Fi by using its knowledge, imagination, functional ability and performance history of advancement and operation of numerous IP-based video games. CA Game Fi will target users in English- speaking areas such as North America and Asia by supplying its titles and various IP-based titles.
CA Game Fi intends to develop an environment with continual development by supplying top quality video games that get around the world acknowledgment in the Game Fi market.
About CA Game Fi, Inc.
Company Name CA Game Fi, Inc.
Address 40-1 Udagawa- cho, Shibuya- ku, Tokyo
Established March 23, 2022
Representative President and CEO Yamamoto Taro
Business Blockchain video game advancement
Corporate site https://www.cagamefi.co.jp
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