The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

Mobile game developer iCandy, has entered into an Agreement with ASX-listed Emerge Gaming to deliver an e-sports mobile platform. With over 350 million mobile gamers worldwide, the agreement will focus on the building and operating of mobile games, with the eSports platform as the key focus.

The platform allows gamers to compete in sponsored tournaments to establish rankings, win prizes and earn participation rewards, which can later be utilized to enter raffles for more prizes, as well as purchase and trade physical merchandise and digital assets.

EM1’s Global eSports Platform has been launched in various major geographical markets in collaboration with telcos and other major consumer businesses.

iCandy Non-Executive Chairman Kin-Wai Lau said, “The strategic collaboration with EM1 should significantly enhance the business objectives of iCandy which since listing have included the design, development, commercialization and publishing of mobile interactive entertainment content.

“Collaboration with EM1 will provide iCandy with access and exposure to a wider audience of mobile gamers that will increase users and user interaction on iCandy’s current and future game portfolio, directly and indirectly strengthening iCandy’s revenue-generating capabilities.”

 Please find announcement attached:

ICI by the numbers
More From The Market Online
Mouthguard concept

HITIQ’s sensor-containing mouthguard OK’d by World Rugby specifications board

HITIQ (ASX:HIQ) has announced its sensor-containing Nexus mouthguard meets World Rugby's specifications for the safety products.

Pointerra wins US$1.63M from US Dept of Energy to model climate change scenarios

Pointerra (ASX:3DP) has announced its successful receipt of US$1.6M in funding from the US Department of…
The Market Online Video

Shekel Brainweigh CEO Nir Leshem weighs in on AI adoption ahead of FY25

Shekel Brainweigh CEO, Nir Leshem, joins The Market Online to provide an update on how AI…