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iCandy to deliver e-sports

Technology, The Market Herald
ASX:ICI      MCAP $26.89M
21 March 2019 08:04 (AEST)

Mobile game developer 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: https://hotcopper.com.au/documentembed?id=uOMxKKzFkiWRTLKhOROKAxjvTDYD4Qq%2FzhaZqfRwke92GA%3D%3D

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