GOOD:CC - Good Gamer Provides Business Update
(TheNewswire)
VANCOUVER, BC – TheNewswire - October 31, 2022- Good Gamer Entertainment Inc.(TSXV:GOOD) (OTC:GGAMF) ("Good Gamer" or the"Company"), a multi-faceted play-to-earn mobile games, app,and platform developer, is pleased to provide the following businessupdate:
Playcash Play-To-Earn Game DiscoveryPlatform Launch
The Playcash play-to-earn game discovery platform from Good Gamer wassuccessfully beta-tested and released in the Google Play Store inAugust 2022. Playcash is a platform for finding new games that rewardsusers with Playcash for downloading and playing games or completingsurveys. Players can exchange their Playcash rewards for gift cardsfrom the biggest online merchants and prepaid charge cards from thetwo most well-known credit card providers through Playcash.
Since its debut, Playcash has amassed over 40,000 installs in theGoogle Play Store and offers players hundreds of games to choose fromin order to accrue loyalty points. All types of mobile games,including arcade, puzzle, social casino, and hypercasual games, areavailable for free in the app.
“We are very pleased with the response to the beta launch ofPlaycash,” said Good Gamer CEO Charlo Barbosa. “In addition toincreasing the number of games and game partnerships we provide, wehave been working on polishing the app. For the fourth quarter of thisyear, we will be concentrating on an aggressive user acquisitionapproach. People are searching for more side gigs due to risingunemployment and inflation, and since playing hypercasual games is asimple method for people to pass the time, Playcash is a terrificrecession-proof offering. In contrast to other play-to-earn blockchaingames, Playcash relies solely on advertising revenue, and notcryptocurrency.”
Upcoming Web Based Game PlatformLaunch
The imminent release of Good Gamer's Web-based gaming platform fordesktop and mobile customers is a new upcoming product the Company isexcited to announce. Over 1,500 games, including 2-player,multiplayer, hypercasual, puzzle, 3D, action, adventure, arcade,social, sports, and more, will be available on the Good Gamerplatform. The platform is anticipated to launch in mid-November 2022,followed soon after by a B2B offering aimed at mobile app developers.Publishers will be eligible to receive a revenue share of anyadvertising revenue generated by their users who play Good Gamergames.
“For publishers, the B2B Good Gamer games offering will be agame-changing solution. Without having to invest any money on useracquisition, this approach will significantly expand Good Gamer'suserbase and reach. We'll be focusing on apps with at least 100,000users. In contrast to the Playcash app, which is only available forAndroid, the product may be integrated with both Android and iOSapps,” said Charlo Barbosa.
Good Gamer also announces that Praveen Varshney has resigned from theBoard of Directors, effective October 31, 2022 to pursue otherventures. The Board thanks Mr. Varshney for his services and wisheshim all the best in future endeavours.
About Good Gamer EntertainmentInc.
Good Gamer Entertainment Inc. (TSXV: GOOD) (OTCQB: GGAMF) isa developer of play-to-earn games, mobile apps, and platforms withseveral facets. Players are able to explore new gaming opportunitiesusing the Playcash app. Playcash loyalty points can be redeemed forgift cards from the most prominent online retailer as well as prepaidcharge cards from the two most widely used credit card providers.
For further information: James Young, Corporate Development, E-mail:info@GoodGamer.gg,
Forward-Looking Statements
Information set forth in this newsrelease contains forward-looking statements that are based onassumptions as of the date of this news release. These statementsreflect management's current estimates, beliefs, intentions andexpectations. They are not guarantees of future performance. TheCompany cautions that all forward-looking statements are inherentlyuncertain and that actual performance may be affected by a number ofmaterial factors, many of which are beyond the Company's control. Suchfactors include, among other things: risks and uncertainties relatingto general business, economic, competitive, political and socialuncertainties; and the delay or failure to receive board, shareholderor regulatory approvals. Accordingly, actual and future events,conditions and results may differ materially from the estimates,beliefs, intentions and expectations expressed or implied in theforward-looking information. Except as required under applicablesecurities legislation, the Resulting Issuer undertakes no obligationto publicly update or revise forward-looking information.
The forward-looking statementscontained in this news release are made as of the date of this newsrelease. Except as required by law, the Company disclaims anyintention and assumes no obligation to update or revise anyforward-looking statements, whether as a result of new information,future events or otherwise.
Neither the TSX Venture Exchange norits Regulation Service Provider (as that term is defined in thepolicies of the TSX Venture Exchange) accepts responsibility for theadequacy or accuracy of this release.
SOURCE Good Gamer Entertainment Inc.
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