Business Combination Expected to Close July 19, 2022
B. Riley Principal 150 Merger Corp. (Nasdaq: BRPM, BRPMW, BRPMU) ("BRPM" or the "Company"), a special purpose acquisition company sponsored by an affiliate of B. Riley Financial, Inc. (Nasdaq: RILY) ("B. Riley Financial"), today announced that its stockholders have approved the Company's proposed business combination (the "Business Combination") with FaZe Clan Inc. ("FaZe Clan"), the lifestyle and media platform rooted in gaming and youth culture.
The business combination is expected to close on July 19, 2022 , subject to the satisfaction of all closing conditions. Upon the closing of the business combination, the Company will be renamed FaZe Holdings Inc. and its shares of common stock and warrants are expected to begin trading on July 20, 2022 on Nasdaq under the new ticker symbols "FAZE" and "FAZEW", respectively.
The formal results of the vote will be included in a Current Report on Form 8-K to be filed by BRPM with the Securities and Exchange Commission.
FaZe Clan is a digital-native lifestyle and media platform rooted in gaming and youth culture, reimagining traditional entertainment for the next generation. Founded in 2010 by a group of kids on the internet, FaZe Clan was created for and by Gen Z and Millennials, and today operates across multiple verticals with transformative content, tier-one brand partnerships, a collective of notable talent, and fashion and consumer products. Reaching over 500 million followers across social platforms globally, FaZe Clan delivers a wide variety of entertainment spanning video blogs, lifestyle and branded content, gaming highlights and live streams of highly competitive gaming tournaments. FaZe Clan's roster of more than 85 influential personalities consists of engaging content creators, esports professionals, world-class gamers and a mix of talent who go beyond the world of gaming, including NFL star Kyler "FaZe K1" Murray, Lebron "FaZe Bronny" James Jr., Lil Yachty aka "FaZe Boat" and Snoop Dogg aka "FaZe Snoop." Its gaming division includes 11 competitive esports teams who have won over 30 world championships. For more information, visit www.fazeclan.com , investor.fazeclan.com and follow FaZe Clan on Twitter , Instagram , YouTube , TikTok , and Twitch .
BRPM is a special purpose acquisition company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. BRPM began trading on the NASDAQ on February 19, 2021 following its initial public offering. Its shares of Class A common stock, units and warrants trade under the ticker symbols BRPM, BRPMU and BRPMW, respectively. BRPM is sponsored by an affiliate of B. Riley Financial, Inc. (Nasdaq: RILY).
The information in this communication includes "forward-looking statements" pursuant to the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. All statements, other than statements of present or historical fact included in this communication, regarding the proposed Business Combination, the ability of the parties to consummate the proposed Business Combination, the benefits and timing of the proposed Business Combination, as well as the combined company's strategy, future operations and financial performance, estimated financial position, estimated revenues and losses, projections of market opportunity and market share, projected costs, prospects, plans and objectives of management are forward-looking statements. These forward-looking statements generally are identified by the words "budget," "could," "forecast," "future," "might," "outlook," "plan," "possible," "potential," "predict," "project," "seem," "seek," "strive," "would," "should," "may," "believe," "intend," "expects," "will," "projected," "continue," "increase," and/or similar expressions that concern BRPM's or FaZe Clan's strategy, plans or intentions, but the absence of these words does not mean that a statement is not forward-looking. Such statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and are based on the management of BRPM's and FaZe Clan's belief or interpretation of information currently available.
These forward-looking statements are based on various assumptions, whether or not identified herein, and on the current expectations of BRPM's and FaZe Clan's management and are not predictions of actual performance. Because forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions, whether or not identified in this communication, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. Many factors could cause actual results and condition (financial or otherwise) to differ materially from those indicated in the forward-looking statements, including but not limited to: (1) the occurrence of any event, change or other circumstances that could give rise to the termination of negotiations and any subsequent definitive agreements with respect to the proposed Business Combination; (2) the outcome of any legal proceedings or other disputes that may be instituted against BRPM, FaZe Clan, the combined company or others; (3) the inability to complete the proposed Business Combination due to the failure to obtain certain governmental and regulatory approvals or to satisfy other conditions to closing; (4) changes to the proposed structure of the proposed Business Combination that may be required or appropriate as a result of applicable laws or regulations, including the risk that any regulatory approvals are not obtained, are delayed or are subject to unanticipated conditions that could adversely affect the combined company or the expected benefits of the proposed Business Combination; (5) the ability to meet stock exchange listing standards following the consummation of the proposed Business Combination; (6) the risk that the proposed Business Combination disrupts current plans and operations of BRPM or FaZe Clan as a result of the announcement and consummation of the proposed Business Combination; (7) the ability to recognize the anticipated benefits of the proposed Business Combination, which may be affected by, among other things, competition, the ability of the combined company to grow and manage growth profitably, maintain relationships with customers and suppliers and retain its management, key employees and talents; (8) costs related to the proposed Business Combination; (9) changes in applicable laws or regulations, including changes in domestic and foreign business, market, financial, political, and legal conditions; (10) the possibility that BRPM, FaZe Clan or the combined company may be adversely affected by other economic, business, and/or competitive factors; (11) the impact of COVID 19 on BRPM's or FaZe Clan's business and/or the ability of the parties to complete the proposed Business Combination; (12) the inability to complete the PIPE investments in connection with the proposed Business Combination; and (13) other risks and uncertainties set forth in the Proxy Statement/Prospectus relating to the proposed Business Combination. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on by any investor as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of BRPM and FaZe Clan. Forward-looking statements speak only as of the date they are made. While FaZe Clan and BRPM may elect to update these forward-looking statements at some point in the future, FaZe Clan and BRPM specifically disclaim any obligation to do so. These forward-looking statements should not be relied upon as representing FaZe Clan's and BRPM's assessments as of any date subsequent to the date of this communication. Accordingly, undue reliance should not be placed upon the forward-looking statements.
Contacts: For FaZe Clan Investors: Ellipsis: ir@fazeclan.com Media: Chelsey Northern : chelsey.northern@fazeclan.com
For BRPM Investors: Dan Shribman : dshribman@brileyfin.com Media: Jo Anne McCusker : jmccusker@brileyfin.com
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SOURCE B. Riley Principal 150 Merger Corp.
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Its assets are only one aspect of a company and don’t always determine its success. On top of its projects, the management team plays a vital role in the company’s ability to capitalize on its deposits. Even the most ideal assets won’t reach their full potential with an inexperienced or ineffective team behind them. That’s why evaluating a miner’s management team is one of the core tenets of assessing a company for investment opportunities.
How do you evaluate a miner’s leadership? A “dream team” will have experience in a few key areas: technical, operational and marketing. Technical expertise covers engineering, geology and metallurgy. Operational experience includes leading previous companies and projects to success. Marketing primarily focuses on how the company interacts with the public and the transparency it provides. Having a proven track record of success in these areas means the miner is more likely to reach its goals and realize the full potential of its projects.
Experts in engineering and geology round out the company’s management team. Patrick Loury, senior geologist, is the former lead geologic modeler for Nevada Gold Mines and currently serves as the senior consulting geologist for Prime Mining Corp. Jeff Lindstrom, senior mining engineer, has worked in the mining industry for more than 20 years and played an essential role in helping two gold mining companies reach their goals.
The experienced leadership team is now focusing on its flagship asset in Nevada, a Tier-1 jurisdiction with a mining-friendly local government, robust area infrastructure, and skilled local workforce. The Jessup Project is within the underexplored San Jacinto region and has historical heap leach results indicating 84 percent gold and 27 percent silver, meeting the company’s requirements.
The company also has an exploration portfolio of properties throughout Nevada, each of which is primed for a potential JV model, creating an additional revenue stream. In addition, Torrent Gold is continuously evaluating new projects for synergy potential with Jessup and its early-stage assets. The company is also exploring its Clover Mountain Project in Idaho, which has excellent development potential following additional exploratory campaigns.
The Jessup Project covers 2,780 acres in Churchill County, Nevada, and includes 158 unpatented lode mining claims. The asset has a low royalty burden at 1.6 percent NSR. Historic heap leach test results met the company’s 84 percent gold and 27 percent silver requirements. Additionally, the asset has existing access to water, a must-have for any Nevada mining operation.
Torrent Gold also has an extensive portfolio of early-stage assets that warrant additional exploration and have the potential to become joint venture projects. Most of its assets are in Nevada and show synergy potential with Jessup. The company also owns the Clover Mountain Project, its encouraging project in Idaho.
Daniel Kunz is the CEO of Prime Mining Corp. He’s had considerable leadership experience in mining companies, as former CEO of Ivanhoe Mines, former founder/CEO of U.S. Geothermal, senior officer at Morrison Knudsen Corporation, CEO of MK Gold Company, and former director at Chesapeake Gold, where he worked for 17 years. He also built Castle Mountain and American Girl Mines.
Alexander Kunz is an attorney with a Masters of Science degree. He is experienced in management, corporate governance and operations in both exploration and development. He has previously operated in mining jurisdictions including Alaska, Nevada, Idaho, Oregon, Bolivia, Mexico and Canada.
Scott Davis’s 22 years of experience includes CFO roles at several companies listed on the CSE and the TSXV, as well as senior management positions, including four years at Appleby as an assistant financial controller, two years at Davidson & Company LL, Chartered Professional Accountants as an auditor, and five years with Pacific Opportunity Capital Ltd as an accounting manager.
Pete Parsley has more than 30 years experience in mineral exploration and exploration geology. He previously served as vice-president of exploration at Thunder Mountain Gold, and was chief executive officer at Triumph Gold Corporation. A former chief geologist at Tenneco Minerals, he was responsible for the Goldstrike district in Utah. He was also responsible for several projects with USMX including the Illinois Creek Gold project in Alaska and the Thunder Mountain district in Idaho.
With more than 10 years of industry experience, Patrick Loury is an exploration and resource geologist. He is currently a senior consulting geologist for Prime Mining Corp. and has held several roles with major mining companies, including lead geologic modeler for Nevada Gold Mines and senior exploration geologist for Kinross Gold Corporation. His experience spans several districts around the world, including the Carlin Trend, Nevada, Fairbanks district, Alaska, Maricunga belt, Chile, Okhotsk-Chukotka belt, Russia and Sierra Madre Occidental district, Mexico.
Jeff Lindstrom is a graduate of Boise State University in the Construction Management program. He has worked in the mining industry for more than 20 years, including for Atlanta Gold and Thunder Mountain Gold. He has significant experience in AutoCAD and 3D modeling, as well engineering and geological modeling. He has experience in construction management, and mine modeling.
East Side Games Group (TSX: EAGR) (OTC: EAGRF) (" ESGG " or the " Company "), Canada's leading free-to-play mobile game group, in collaboration with Universal Games and Digital Platforms, announced today the worldwide launch of The Office: Somehow We Manage on iOS and Android. The free-to-play idle game is inspired by NBC's critically acclaimed, Emmy® Award-winning U.S. version of The Office which is now streaming exclusively on Peacock.
Watch the launch trailer here .
" The Office: Somehow We Manage offers players the chance to immerse themselves in iconic moments from the series and connect with their favorite characters like never before," said Darcy Taylor , Chief Executive Officer of ESGG. "Fans of The Office will absolutely feel the nostalgia through this new game."
" The Office: Somehow We Manage reimagines the cast as vibrant, animated characters for the first time, bringing a fresh new experience to The Office fans everywhere," said Jim Molinets , SVP of Production, Universal Games and Digital Platforms. "The game will transport players into well-known and hilarious episodes that have resonated with so many over the years and let them 'clock in' even more time with their favorite Dundler Mifflin employees."
The Office: Somehow We Manage will allow fans to relive memorable moments from the show like they've never seen them before - animated, all while tapping their way to record profits to save the Scranton Branch from downsizing. Featuring accessible gameplay for all types of players, this narrative idle tapper will give players the chance to unlock and upgrade iconic characters and their desks all the while participating in monthly special events for additional in-game rewards.
COLLECT ICONIC CHARACTERS IN GAME Tap, upgrade, and build desks for favorite characters from the hit NBC comedy The Office , including Prison Mike, Farmer Dwight, Pretzel Day Stanley, and of course, Three Hole Punch Jim, all appearing in animated form for the first time.
RELIVE MEMORABLE EPISODES FROM THE OFFICE [U.S.] Click through memorable episodes in this free-to-play game, like "The Dundies" and "Dinner Party." Take a seat in Michael's office, get in line for Pretzel Day, or spend the weekend at Schrute Farms. Oh, and watch out for Kevin's famous chili! Additional episodes from all nine seasons of the show will be added to the game on a regular basis.
SPECIAL EVENTS In-game events will introduce new versions of characters and more memorable moments, along with weekly and monthly special events inspired by elements from the show.
EARN IN-GAME REWARDS TO KEEP THE BRANCH AFLOAT Manage Dunder Mifflin Scranton with the help of the whole branch! Get new leads and tap away as the in-game rewards start rolling in. Just make sure Michael doesn't spend the surplus on a new plasma TV!
Players can now run the world's best mid-size regional paper company branch in The Office: Somehow We Manage , available now on iOS and Android.
Visual assets for the game, including key art and logos, can be found in the online press kit .
ABOUT EAST SIDE GAMES GROUP
East Side Games Group (formerly operating under the name "LEAF Mobile Inc.") is a leading free-to-play mobile game group, creating engaging games that produce enduring player loyalty. Our studio groups entrepreneurial culture is anchored in creativity, execution, and growth through licensing of our proprietary Game Kit software platform that enables professional game developers to greatly increase the efficiency and effectiveness of game creation in addition to organic growth through a diverse portfolio of original and licensed IP mobile games that include: Archer: Danger Phone, Bud Farm Idle Tycoon, Cheech & Chong Bud Farm , The Goldbergs: Back to the 80s, It's Always Sunny: The Gang Goes Mobile and Trailer Park Boys Grea$y Money , RuPaul's Drag Race Superstar and T he Office: Somehow We Manage .
We are headquartered in Vancouver, Canada and our games are available worldwide on the App Store and Google Play. For further information, please visit: www.eastsidegamesgroup.com and join our online communities at LinkedIn , Twitter , Facebook , and Instagram .
Additional information about the Company continues to be available under its legal name, LEAF Mobile Inc., at www.sedar.com .
ABOUT NBC'S THE OFFICE
Produced by Universal Television in association with Deedle-Dee Productions and Reveille Productions, The Office is a groundbreaking mockumentary television series that follows the daily lives of the employees of the Scranton branch of Dunder Mifflin, a fictional paper company. All nine seasons of the Emmy® Award-winning series are available exclusively on Peacock.
Peacock is NBCUniversal's streaming service. Peacock delivers a world-class slate of exclusive originals, on-demand libraries of hit TV shows, plus critically acclaimed films from the vaults of Universal Pictures, Focus Features, DreamWorks Animation, Illumination and Hollywood's biggest studios. In addition, Peacock taps into NBCUniversal's unmatched ability to deliver a broad range of compelling topical content across news, sports, late-night, Spanish-language and reality. NBCUniversal is a subsidiary of Comcast Corporation.
ABOUT UNIVERSAL GAMES AND DIGITAL PLATFORMS
Universal's Games and Digital Platforms group leverages the vast portfolio of IP and characters from NBCUniversal. The Games and Digital Platforms group is a business unit of Universal Brand Development, which is chartered with globally expanding the company's intellectual properties, franchises, characters and stories through innovative physical and digital products, content, and consumer experiences. The company's extensive portfolio includes properties created by Universal Pictures, Illumination, DreamWorks Animation and NBCUniversal Television and Streaming. Universal Brand Development is part of NBCUniversal, a subsidiary of Comcast Corporation. www.universalbranddevelopment.com .
Certain statements in this release are forward-looking statements, which reflect the expectations of management regarding the proposed transactions described herein. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. These forward-looking statements reflect management's current views and are based on certain expectations, estimates and assumptions which may prove to be incorrect. A number of risks and uncertainties could cause our actual results to differ materially from those expressed or implied by the forward-looking statements, including factors beyond the Company's control. These forward-looking statements are made as of the date of this news release.
SOURCE East Side Games Group
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BORANETWORK (representative Gyehan Song) launched global gamer community cooperative BORA Alliance on the 19th.
BORA Alliance is a cooperative aiming to expand the BORA ecosystem across the world through cooperation with promising overseas gaming guilds and communities. Ancient8 and GuildFi will be the first partners to join the cooperative.
Ancient8 is developing the infrastructure for GameFi, with a focus on software and community. Ancient8 manages Vietnam's largest blockchain gaming guild and provides blockchain software products, guild scholarship, blockchain education, institutional-grade research, and community with their vision to democratize social and financial access in the Metaverse.
GuildFi is the largest blockchain gaming guild in APAC with over 280,000 members. They use web 3.0 platforms to manage communities and are briskly cooperating with leading investors such as Defiance Capital, Coinbase and Binance.
Through the launch of the cooperative, the BORANETWORK intends to expose the on-board games on BORA directly to users and carry out a range of collaborative campaigns and marketing activities to increase the contact point. Furthermore, the cooperative plans to contribute to expanding the territory in the blockchain game market by engaging various promising partners continuously, thereby increasing contact points with major communities.
CBO Vincent Lim ( Youngjun Lim ) of the BORANETWORK said , "We are very pleased to have promising partners, Ancient8 and GuildFi, in the launch of the BORA Alliance," adding "We will spur the expansion of the BORA ecosystem in the global market through the launch of the BORA Alliance."
For information on the services provided by Bora Portal, visit the Bora Portal website.
*BORA PORTAL (URL): https://boraportal.com/
Deputy Head Seungmin Lee at METABORA, kelly.meta@metabora.io
Manager Dongwan Ha at METABORA, allen.meta@metabora.io
GuildFi is the interconnected Web3 ecosystem of games, NFTs and communities, with an aim to maximize players' benefits and enable interoperability across the Metaverse along with +120,000 followers. GuildFi is the interconnected Web3 ecosystem of games, NFTs and communities, with an aim to maximize players' benefits and enable interoperability across the Metaverse along with +120,000 followers.
GuildFi has secured an investment under the $1 billion Growth Fund, set up by BNB Chain, helping GuildFi accelerate its vision of building an interconnected Web3 ecosystem of games, NFTs, and communities.
Ancient8 is developing the infrastructure for GameFi, with a focus on software and community. Ancient8 is building GameFi Identity and Launchpad products to serve as the marketing distribution channel for GameFi and Metaverse projects to onboard millions of users. Ancient8 manages Vietnam's largest blockchain gaming guild, and enables everyone to build the Metaverse through blockchain software products, guild scholarship, blockchain education, institutional-grade research, and community. They are trying to help players and communities worldwide connect with the most innovative games, and enable everyone to build and play in the Metaverse with 200K+ members.
Ancient8 has raised $10M in total financing from leading investors including Pantera, Dragonfly, Hashed, Makers Fund, C² Ventures, Mechanism, Coinbase, Alameda , IOSG, Animoca, among others.
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Swarmio Media Holdings Inc. (CSE: SWRM) (OTC: SWMIF) (GR: U5U) ('Swarmio' or 'the Company'), a technology company focused on the global deployment of its proprietary subscription-based gaming and esports platform, announces that it has renewed its investor relations agreements with Sophic Capital and issued RSUs and options to employees and consultants.
"Given Swarmio's accomplishments, telco adoptions of our low-latency platform, and our extensive roadmap to grow the Company, our investor communications strategy will become more imperative to ensure the investor and capital markets community recognize our progress," said Vijai Karthigesu , CEO of Swarmio Media. "With our first deployments now behind us and several more on the way, we believe that we'll have much more to communicate to investors and the industry over the coming months and quarters. We also are making sure our employees are aligned with shareholders and have also issued RSUs and options to our most valuable asset - our people."
Swarmio's engagement with Sophic Capital is a 12-month term, on a fee-for-services basis of $10,000 per month. In addition, Swarmio has granted Sophic 500,000 options to purchase Swarmio shares at a price of $0.10 per share. Options will vest in equal tranches quarterly over 12 months and have a three-year term.
Swarmio also announces that it has awarded incentive stock options to Directors, Officers, Employees and company consultants to purchase a total of 2,285,000 shares of the Company's treasury capital. These options allow the holder to purchase the shares at $0.10 , per subject to provisions of the Company stock option plan. The Company has also issued 1,000,000 RSUs to Directors, Officers and Employees.
Sophic Capital is a capital markets advisory firm for public and private growth companies, specializing in developing complete capital markets strategies for companies across all stages of development. Sophic Capital's depth of knowledge in the technology sector, clean technology and special situations markets combined with decades of experience working in the capital markets, makes it an ideal partner to help lower the cost of capital and accelerate growth. For more information, visit www.sophiccapital.com.
Swarmio Media (CSE: SWRM; OTC: SWMIF; GR: U5U) is a technology company focused on deploying its proprietary end-to-end gaming and esports platform, Ember, which enables telcos to monetize their gaming customers. Swarmio has engaged with several telcos that have launched Ember as an add-on service, allowing subscribers to access tournaments, engage in a localized gaming community, challenge friends and influencers, and earn points that can be used to purchase gaming content. Ember is powered by Swarmio's patented Latency-Optimized Edge Cloud ('LEC') technology, which reduces lag and allows gamers to enjoy an optimized gaming experience.
Swarmio's fully managed, plug-and-play Ember platform can be quickly and seamlessly integrated with major telco operations, allowing telcos to engage and monetize gaming subscribers and gain immediate and meaningful access to the US$200 billion gaming market.
Ember provides a proprietary digital hub for gaming communities, allowing gamers to access an ultra-low-latency playing experience, competitive challenges and tournaments, exclusive gaming content, managed communities, gamification and points system, online store (Swarmio Store), gamer e-wallet (Swarmio Pay), and customized digital content.
For more information please visit: Swarmio Investor Website ( https://swarmio.media/investors ) Swarmio on LinkedIn ( https://www.linkedin.com/company/swarmiomedia ) Swarmio on Twitter ( https://twitter.com/SwarmioMedia )
This news release contains forward-looking statements. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects" or "does not expect", "is expected", "estimates", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Swarmio to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Examples of such statements include the anticipated benefits to Swarmio's customers from the use of Swarmio's platform, Swarmio's expectations as to revenue growth and timing of revenues, the expectation to deploy Swarmio's platform in new regions and with new customers, expected use of proceeds from the financing and the possibility for raising additional funds. Different customers may experience different benefits from the sue of Swarmio's platform. Swarmio's revenues may not grow and its platform may not be adopted by new customers or in new regions for many reasons outside the control of Swarmio. Circumstances may necessitate or make it desirable that Swarmio use the proceeds of the offering for different purposes than described above. Additional financings may not be available on terms favourable to the Company, or at all. A failure to obtain additional funding could prevent the Company from making expenditures that may be required to implement the Company growth strategy and grow or maintain the Company's operations. The forward-looking statements included in this news release are made as of the date of this news release and Swarmio does not undertake an obligation to publicly update such forward-looking statements to reflect new information, subsequent events or otherwise unless required by applicable securities legislation.
SOURCE Swarmio Media Holdings Inc.
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Blockchain game guild "YGG Japan", which has an exclusive partnership with ForN Co., Ltd. (ForN, Minato-ku, Tokyo,CEO Tetsuya Fujiwara), announced today that KryptoGO Co., Ltd (KryptoGO) and Infinity Ventures Crypto (IVC) to jointly develop a wallet dedicated to GameFi users.
Users wishing to enjoy blockchain games today have to download, install, and configure browser extensions and mobile wallets (Non-Custodial wallets) on their smartphones to prepare tokens and coins to be used in games. Many of these existing wallets are generic products designed for use with DeFi and Decentralized Exchange (DEX), and there are no wallets specific to blockchain games and for blockchain game users. The barriers to getting started with blockchain gaming are high, therefore, BCG are not accessible to everyone.
YGGJ, which aims to create a world where games are part of everyday life through "Play and Earn", believes that in order for more users to experience the fun of blockchain games, it is imperative to lower the barriers to starting a game as much as and as easy as possible. Under this mission, it is quite logical conclusion to form a join venture among YGGJ, a regional subDAO of the world's largest blockchain game guild YGG, KryptoGO, a multi-chain, non-custodial wallet developer, and IVC investing pioneering startups in GameFi, DeFi and Web3, to address this challenge and bring the BCG to the next level.
Comment from Tetsuya Fujiwara , YGG Japan
Currently, only highly literate users are accessible to and enjoy blockchain games and web3 world in Japan . YGG Japan's mission is to spread blockchain games and the new era of gaming culture, and to bring this new experience to as many users as possible. We are looking forward to collaborating with KryptoGO and IVC who share our philosophy, and we are very happy to have partners who can accomplish this mission together.
Comment from Kordan Ou, CEO of KryptoGO Co., Ltd.
In the collaboration with YGGJ and IVC, KryptoGO's role is to optimize the experience of managing on-chain game assets. In GameFi, many game producers are inclined to develop their own blockchain, which raises the bar for gamers entering the space. KryptoGO and their propriety wallet and account model solves this by placing great emphases on "asset management for multiple chains" and "usability and user-friendliness." Users can manage all their virtual assets with just a phone number, making the transition from Web2 to Web3 gaming much easier. Regardless of which blockchain a game runs on, all game assets with be accessible and highly secure in KryptoGO Wallet, making it the best choice as a cross-game inventory!
Comment from Akio Tanaka , Infinity Ventures Crypto
Through our experience in launching and investing in social games in the Japanese market, we see great potential for the explosion of blockchain games in Japan , and we are very pleased to participate with KryptoGO in the development and delivery of the wallet, an important first step in YGGJ's mission to bring a new era of gaming culture and user experience to Japan .
Cookie Lo, cookielo@kryptogo.com
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Eight portable gaming units were donated to St. Louis Children's Hospital and Cardinal Glennon Children's Hospital, providing entertainment for patients
CapStone Holdings Inc. ("CapStone Holdings") partnered with Michigan -based non-profit organization Gamers Outreach to gift gaming carts (GO Kartsportable gaming kiosks) to St. Louis Children's Hospital and SSM Health Cardinal Glennon Children's Hospital. Each hospital received four GO Karts with the intent to offer a form of recreation to kids and young adults in inpatient care.
Cailie Marino is a Child Life Specialist at St. Louis Children's Hospital and sees first-hand the impact GO Karts has had on patients. "Our department uses play, music, art, recreation and education techniques to help patients and families throughout their stay with us. The gaming carts fit in with our mission and are in high demand. We're thankful for CapStone Holdings' donation," says Marino.
St. Louis Children's Hospital is recognized in the top 10% nationally by U.S. News & World Report, which in 2022 ranked the hospital in all ten specialties surveyed for the 14 th consecutive year. As the pediatric teaching hospital for Washington University School of Medicine, the hospital offers nationally recognized programs for physician training and research.
SSM Health Cardinal Glennon is recognized nationally by U.S. News & World Report as a Best Children's Hospital for 2022-23 . The hospital received top 50 rankings in Neonatology, Gastroenterology and GI Surgery, and Nephrology.
"At SSM Health Cardinal Glennon Children's Hospital, healing is about more than just medicine. Play is often "prescribed" by our team of child life specialists as a critical part of a patient's treatment plan," said Child Life Services manager Kim Eighmey . "The GO Karts are a wonderful resource for distraction, non-pharmacological pain management, and normalization for our patients. We are so grateful for this donation from CapStone Holdings and Gamers Outreach. We love seeing the joy on our kids' faces each day when they utilize these important coping tools."
GO Karts are explicitly built for hospitals—offering a form of recreation to kids and young adults in inpatient care. Gamers Outreach has since delivered kiosks to more than 360 hospitals worldwide – servicing as many as 4 million patients each year. Both St. Louis children's hospitals will offer GO Karts to all patients.
"CapStone Holdings and the Stone family are delighted to support these two amazing children's hospitals," said Heather Stone , co-founder of CapStone Holdings Inc. "We want to invest in the wellness of the people in this city. That includes supporting programs like such that help improve patient healing and therapy in the form of video gaming."
CapStone Holdings, a self-funded family office business incubator and investment group chaired by Keith J. Stone and his wife Heather Stone , invested $40 million in the STL City Foundry in 2020 – one of the largest single-entity investors in the $210 million first phase of the 15-acre mixed-use development. The Stones also attended high school in the St. Louis area.
In 2022, CapStone Holdings partnered with Major League Baseball legend Reggie Jackson's Mr. October Foundation to bring its STEM program to over 4,000 students in St. Louis .
CapStone Holdings, Inc. is a family office-structured holding company that keeps a balanced portfolio through investment strategies that maximize innovation and return with minimal risk. CapStone Holdings and its founders have invested across a wide range of industries for over 33 years and engage in focused philanthropic efforts. For more information about CapStone Holdings, visit www.capstoneholdingsinc.com .
Gamers Outreach is a 501(c)(3) charity that empowers hospitalized families through video games. The organization is on a mission to build a world where play is easily prioritized alongside research and treatment. To date, Gamers Outreach programs enable over 4 million gaming experiences across more than 360 healthcare facilities each year. Being in a hospital can be scary and isolating, but video games help inspire joy and connection. Through equipment and software, Gamers Outreach is helping kids in hospitals gain access to activities and do what kids do best - be themselves.
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G FUEL Zitz Juice Collector's Boxes are available for pre-order at GFUEL.com while supplies last.
- G FUEL — The Official Energy Drink of Esports® — has once again partnered with Rare Ltd. and has announced its brand-new flavor, G FUEL Zitz Juice inspired by Battletoads is now available for pre-order at GFUEL.com while supplies last.
The unique flavor celebrates the 31-year history of Rare's iconic amphibians, the Battletoads – Rash, Pimple and, of course, Zitz – and features the sweet and sour taste of green mango. The Collector's Box includes a 40-serving Tub and an exclusive 16 oz Battletoads Shaker Cup you won't find anywhere else! Zitz Juice is also available as a standalone Tub.
This marks G FUEL's second collaboration with Rare following a special Honey Berry Collector's Box inspired by the publisher's fan-favorite Banjo-Kazooie franchise.
The partnership was brokered by Rare Ltd.'s brand extension licensing agency, Tinderbox — the digital division of Beanstalk.
G FUEL Zitz Juice is sugar-free and packed with antioxidants from 18 different fruit extracts. Each serving has only 15 calories and contains 140 mg of caffeine plus proprietary energy and focus-enhancing complexes.
" Battletoads has been putting players' skills to the test for three decades, so Zitz and his fellow 'Toads absolutely needed their own G FUEL flavor to keep its many fans focused and energized," said G FUEL Founder and CEO Cliff Morgan . "Zitz Juice – yes, that's really its name – is a delicious, fun way to celebrate an enduring franchise, and it was great to collaborate with our partners at Rare to bring it to life."
G FUEL Zitz Juice is available for pre-order now at GFUEL.com , while supplies last!
As The Official Energy Drink of Esports®, G FUEL provides gamers with a performance-driven alternative to standard energy drink products. With an ever-expanding, sugar-free product lineup that includes a powdered Energy Formula, ready-to-drink cans, powdered Hydration Formula and Sparkling Hydration bottles, G FUEL has firmly established itself as the market leader in the gamer energy drink industry.
With over 344,000 5-star Shopper Approved Ratings, a shipping network that spans over 125 countries, a nationwide retail campaign, and a global social media footprint of over 1 billion followers, G FUEL maintains the industry's largest and most passionate community of fans, customers, content creators, and partners. Content creators and partners who include the likes of Ninja , Sentinels Esports , Logic , NoisyButters , Luminosity Gaming , PewDiePie , Mikal Bridges , Michael Dickson , Summit1G , xQc , Ghost Gaming, Activision, SEGA of America, Capcom®, Bethesda Game Studios, Warner Bros., Disney, Lucasfilm, Sony Pictures, VIZ Media, Rare Ltd., The Tetris Company, BANDAI NAMCO Entertainment Inc., RESPAWN Products, SteelSeries, and Digital Storm.
Join the movement today at GFUEL.com and follow us on social media @GFuelEnergy.
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Distribution and Wholesale Contact: dluks@gfuel.com
UK-based developer Rare has been making golden memories and redefining gaming genres since 1985, and exclusively on Microsoft platforms since joining Microsoft Studios in 2002. Following an opportunity to celebrate 30 years of games with the Rare Replay anniversary collection in 2015 – covering everything from Battletoads to Banjo-Kazooie , Perfect Dark to Viva Piñata – the studio has been forging ahead with shared world adventures in Sea of Thieves since its 2018 launch.
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This marks the first investment in a production studio by The Sandbox, representing a major milestone for both companies
Cosmo Media Labs a multi-functional production studio for content and gaming as well as IP and brand partnerships, announced its official launch today after securing an investment from The Sandbox the leading decentralized gaming virtual world and a subsidiary of Animoca Brands . This is the first time The Sandbox has taken a financial stake in an independent production company.
Cosmo Media Labs develops, creates and produces successful content strategies that bridge traditional media with the new. The Cosmo team speaks the language of legacy brands and identifies the best gamification, NFT, and play-and-earn opportunities that will achieve each individual brand's goal in the metaverse. The new partnership and investment will fuel the growth of Cosmo Media Labs and provide tools, systems, and mechanisms to usher in the decentralized era of content creation, consumption, and monetization.
"We're excited to team up with The Sandbox and work with top creators, brands, and IP holders to unlock their full potential in the new era of digital entertainment and Web3," said Alexander Bushnell , CEO and Co-founder of Cosmo Media Labs. "The Sandbox is the leader of the evolving open metaverse space and its investment and support will allow us to accomplish this at scale. We are proud to work together to bring brands a clear understanding and strategy of how to best leverage the power of their IP within the new landscape of interactive entertainment and digital ownership."
"The metaverse is redefining the creator economy by growing a new ecosystem through sharing value creation between brands, creators, and the community," said Sebastien Borget , COO and Co-founder of The Sandbox. "We're excited to support the Cosmo Media Labs team through this investment as it is a production studio that can bridge between media and help shape the culture of the metaverse to bring the innovation of Web3 through new forms of experiences that provide an accessible and meaningful format of entertainment."
The first major project is with Complex Networks to create a content landscape that innovates how users interact with sneaker, streetwear and hip hop culture. Cosmo is building the Complex infrastructure within The Sandbox by developing games, building social hubs and producing experiences for Complex Networks – all with a forward facing strategy of utilizing the play-and-earn landscape to foster a virtual economy platform for the streetwear and sneaker market.
"Blockchain based technology provides exciting opportunities for the new creator economy," said Tobias Queisser , Co-founder of Cosmo Media Labs. "Cosmo Media Labs is uniquely fitted to partner with The Sandbox to build a new media content approach that is holistic for brands and partners who are activating and engaging in the metaverse."
Cosmo Media Labs is a multi-functional production studio for content and gaming as well as media strategies for IP and brand partnerships. Founded by MGM veteran and producer Alexander Bushnell and AI entertainment tech entrepreneur Tobias Queisser , CML bridges traditional media with Web3, creating premium content for all media and tech platforms.
The Sandbox , a subsidiary of Animoca Brands, is one of the decentralized virtual worlds that has been fueling the recent growth of virtual real estate demand, having partnered with major IPs and brands including Warner Music Group, Ubisoft, The Rabbids, Gucci Vault, The Walking Dead, Snoop Dogg, Adidas, Deadmau5, Steve Aoki , Richie Hawtin , The Smurfs, Care Bears, Atari, ZEPETO, CryptoKitties, and more. Building on existing The Sandbox IP that has more than 40 million global installs on mobile, The Sandbox metaverse offers players and creators a decentralized and intuitive platform to create immersive 3D worlds and game experiences and to safely store, trade, and monetize their creations. For more information, please visit www.sandbox.game and follow the regular updates on Twitter , Medium , and Discord .
Animoca Brands, a Deloitte Tech Fast winner and ranked in the Financial Times list of High Growth Companies Asia-Pacific 2021 , is a leader in digital entertainment, blockchain, and gamification that is working to advance digital property rights and contribute to the establishment of the open metaverse. The company develops and publishes a broad portfolio of products including the REVV token and SAND token ; original games including The Sandbox , Crazy Kings , and Crazy Defense Heroes ; and products utilizing popular intellectual properties including Disney, WWE, Snoop Dogg, The Walking Dead, Power Rangers, MotoGP™, and Formula E. It has multiple subsidiaries, including The Sandbox , Blowfish Studios , Quidd , GAMEE , nWay , Pixowl , Forj , Lympo , Grease Monkey Games , Eden Games , Darewise Entertainment , Notre Game , TinyTap , and Be Media . Animoca Brands has a growing portfolio of more than 340 investments, including Colossal, Axie Infinity, OpenSea, Dapper Labs (NBA Top Shot), Yield Guild Games, Harmony, Alien Worlds, Star Atlas , and others. For more information visit www.animocabrands.com or follow on Twitter or Facebook .
Media Contact Renee Rossi Relativity Ventures CML@relativity.ventures
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