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Emerge Gaming (ASX:EM1) shares soar as three million gamers pre-subscribe to MIGGSTER

Technology
ASX:EM1
19 October 2020 12:30 (AEST)

Mobile gaming company Emerge Gaming (EM1) has seen its MIGGSTER Mobile platform receive three million pre-registrations.

Last week, the company racked up 1.8 million pre-registrations for MIGGSTER. Now, the company has recorded a further 1.2 million pre-registrations in the first week.

The strong growth in pre-registrations comes after a European marketing affiliate promoted the platform to its network of 12 million affiliate members across 150 countries.

The affiliate, known as Tecnología de Impacto Multiple S.L. (TIM), promotes MIGGSTER through its own social media channels, including Facebook, Instagram, Youtube, Twitter and WhatsApp.

TIM is responsible for marketing the MIGGSTER platform and has guaranteed a minimum of 100,000 subscribers to the platform in the first six months from the launch date

Emerge Gaming is planning to launch the platform next month.

What is MIGGSTER?

MIGGSTER is a mobile platform that uses eSports tournament platform technology with new features and games.

The platform will allow mobile gamers to turn hours of entertainment into prizes and rewards. Players will get the chance to win prizes of over US$500,000 (around A$700,000).

“The value proposition is that subscribers can enter into tournaments involving their favourite mobile social games, using their leisure time to earn rewards and win prizes,” the company explained.

This is the first platform Emerge Gaming is launching in its MIGGSTER community, which it plans to make available worldwide.

MIGGSTER will charge a US$8.50 (approximately A$12) subscription fee per month.

On the market this morning, Emerge is up 53.7 per cent and is trading for 8.3 cents per share at 11:52 am AEDT.

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