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HomeTechnology NewsSocial gaming platform INK raises virtually $19M in funding

Social gaming platform INK raises virtually $19M in funding


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Austin-based startup INK Video games introduced it has secured $18.75 million in its newest spherical of fundraising. It plans to make use of this funding to construct out its platform, in addition to its Prize Kingdoms cell recreation.

This marks INK’s second spherical of funding, because it raised $9.5 million final September. The corporate’s platform is a social and Web3 commerce community, which permits customers to revenue from their attain. The INK Pay system pays customers for his or her stage of affect and viewers engagement.

Robert Towles, INK’s CEO and co-founder, informed GamesBeat about what INK brings to the world of cell gaming: “INK Video games gives the one platform the place billions of customers can receives a commission for enjoying video games and referring others. With our expertise, customers can onboard their whole connectivity and social attain — and monetize their viral attain, ceaselessly.”

Towles added that the cell market at current doesn’t provide sufficient to the customers: “A couple of years in the past, cell informal avid gamers wished in-game incentives. Now, they perceive the great worth they bring about — and so they count on to receives a commission. The tables are turning: Quickly, nugatory incentives gained’t minimize it. Customers need a significant share in revenues. Much more, billions of individuals now notice they maintain great affect by way of their social media, connections and following. They need to wield this profitably and simply.”

Prize Kingdoms

INK Video games’ new launch is Prize Kingdoms, a “distinctive spin on the informal board recreation class.” The studio is testing the sport in areas forward of an anticipated launch later this yr.

Josh Gause, INK’s CCO and co-founder, informed GamesBeat in regards to the response to Prize Kingdoms to date. “Customers are enjoying every single day, typically logging a number of hours of gametime. Importantly, our playtesting proves that we’re ‘a recreation for everybody’ — and could have huge attraction to the worldwide gaming group. Engagement charges are already unimaginable throughout varied segments and demographics, together with age and gender. Customers are blown away by the aggressive social options and alternative to win actual prizes. Full launch of Prize Kingdoms is scheduled for later this yr and we’re anticipating mass-market success.”

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