Glance to Bring NFT Games on Lockscreen, Buys India’s Gambit Sports Firm
Lockscreen platform Glance has purchased Indian gaming firm Gambit Sports as part of its plans to bring NFT gaming services on your smartphone. An unconsolidated subsidiary of InMobi Group and funded by Google, Glance designs lockscreens with inbuilt games. Glance has finalised the acquisition deal of Bengaluru-based Gambit Sports for an undisclosed amount just a month after it secured a deal with Reliance Jio. The platform aims to add an NFT element to its live lockscreen games.
Founded in 2015, Gambit Sports owns and operates popular fantasy sports gaming platform NostraGamus. The company claims to have close to 10 million registered users.
“We have already started seeing great traction for live gaming. With Glance and Gambit's combined strengths and our belief that there is a game for every person. We envision doubling the number of monthly active gamers on Glance Games in the next year,” Yashashvi Takallapalli, Co-Founder and CEO, Gambit Sports said in a statement.
Glance intends to use the gaming techniques from Gambit Sports and launch engaging live gaming experiences including tournaments, game shows, game streaming, and multiplayer games on lockscreen, that will later feature NFTs.
NFTs, or non-fungible tokens, are digital collectibles built on blockchain. They could be inspired from game characters and cartoons among other items.
NFT-based gaming is expanding relevant communities, especially among the Gen-Z population. That is the target group Glance is aiming to capture.
“Gen-Z spends more time on gaming than on any other activity online Giving users live, connected, interactive gaming experiences on the lockscreen is key to Glance's vision of building the world's largest live Internet platform,” noted Piyush
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