Good Gaming CEO Talks About Expanding Horizons and Driving KENNETT SQUARE, Pa., Aug. 03, 2023 (GLOBE NEWSWIRE) -- via IBN -- Good Gaming, Inc. (OTCQB: GMER) (the "Company"), an innovative brand creating unique interactive entertainment experiences across the gaming segment since 2008 is pleased to release its recent shareholder update.
Dear Shareholders,
It has been some time since I last updated you on the progress of Good Gaming, Inc. This delay was not a result of neglect but rather a conscious decision to avoid sharing insignificant or meandering updates as we evaluated and worked toward pivoting the organization strategically.
As I have reiterated over the years, GMER news should be impactful and deserve your time and attention. While I understand how frustrating this can be for shareholders, rest assured that Good Gaming Inc. is a highly valued asset that we manage closely and carefully. This thoughtful approach to the business, although time-consuming, ensures that when a worthy opportunity arises, we can truly focus our energy, time, and financial resources on it, knowing that we have the right mechanism for a successful and profitable outcome.
Following the downturn of the NFT market last year, we found it necessary to monitor the industry conditions closely while also diversifying our game development channels. This ensured GMER's adaptability and, ultimately, its resilience. Our extensive experience in the rapidly changing gaming industry has taught us the importance of tenacity, practicality, patience, and caution. I remain fervently optimistic about GMER's future. Recently, we announced a strategic partnership with ViaOne Services, a significant step that enables us to extend our mobile gaming offerings to Assist Wireless and enTouch Wireless's vast customer bases, as well as to app stores. This collaboration offers a unique revenue-sharing opportunity through advertising and in-app purchases for both Good Gaming and these ViaOne-managed companies.
The most exciting aspect of our partnership involves the pre-installation of Good Gaming games on more than 100,000 mobile phones monthly through enTouch and Assist Wireless. This allows us to quickly deploy our unique mobile games and incentivize users to play them without the cumbersome and often expensive step of asking consumers to install an app manually.
Our upcoming flagship mobile game, which incorporates innovative Web3 gaming elements, is set to spearhead a multi-year release schedule. This integration, empowered by blockchain technology and connected intellectual property components, will award players with a broad range of achievements and periodic, limited-supply skin drops stored as Non-Fungible Tokens.
Paired with the inclusion of Web3 capabilities in our mobile gaming apps, this initiative grants players full control and genuine ownership of their in-game assets. In-game assets unlock a new dimension within the gaming space where free-market principles can be leveraged to monetize a myriad of dynamic opportunities. This partnership and our unique mobile game experiences will not only be widely considered as groundbreaking in the mobile space but also hold the potential to redefine the entire gaming industry, by driving continued innovation among mobile gaming and Web3 developers.
The cooperation with ViaOne for connected game deployment also sets the stage for Good Gaming to introduce additional Telecom providers to this mutually beneficial opportunity within an industry that is hungry for new incremental revenue streams and community engaging products. This partnership promises to potentially result in our games being pre-installed on millions of distributed devices nationwide. As we set forth on this exciting venture, we are confident that our joint vision will catalyze transformative changes in the gaming industry, solidifying our status as leaders in this space.
We greatly appreciate your trust and faith in us as we persist in making progress. We always welcome your feedback and encourage you to reach out with any questions or concerns about GMER. We are grateful for your ongoing trust in us.
https://www.globenewswire.com/news-release/2023/08/03/2718046/0/en/Good-Gaming-CEO-Talks-About-Expanding-Horizons-and-Driving-Value-Through-Exciting-New-Developments-in-Mobile-Gaming-and-Web3-Developments-For-Their-Recent-Shareholder-Update.html