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Emerge Gaming (ASX:EM1) racks up 1.8M pre-registrations for new platform

Technology
ASX:EM1
15 October 2020 11:28 (AEST)
Emerge Gaming (ASX:EM1) - CEO, Gregory Stevens

Source: Business News

eSports business Emerge Gaming (EM1) has racked up 1.8 million pre-registrations on its soon-to-be-launched Miggster Mobile platform.

The company said of those 1.8 million registered, one million of them signed up within the first three days of launching.

The milestone comes as official registration for the eSports and gaming platform opens today, October 15.

It also follows days of cross-promotion on Tecnología de Impacto Múltiple SL (TIM) network of 12 million affiliate members across 150 countries.

The Miggster Platform

The new Miggster platform essentially combines the company’s proprietary eSports tournament technology with new features and games.

Players will be able to win prizes of up to US$500,000 (around A$700,180) through Miggster Mobile.

It’s also the first product Emerge Gaming is launching into its wider Miggster community, which it plans to make available worldwide.

The new Miggster platform will officially launch next month and is set to cost subscribers around US$8.50 (around A$11.90) per month.

Users can also opt for a bi-annual fee of US$51.00 (approximately A$71.45).

Emerge is set to earn up a strong 62.5 per cent of net revenue from the Miggster Mobile platform, meaning it could be in for a windfall.

Following today’s pre-registration news, shares in Emerge Gaming have opened up almost 11 per cent, worth 5.1 cents each at 11:18 am AEDT.

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