Latest News
Kokyo secures a $1M seed investment round from BITKRAFT Esports Ventures and Trust Esport
Reading Time: 3 minutes
Today, PatronGG GmbH, a startup that builds tools to empower esports fandom, announced that it secured a $1M seed investment led by BITKRAFT Esports Ventures, with participation from Trust Esport. The capital will be used to build out Patron’s fan engagement platform, Kokyo.gg, by expanding into new games, enriching match data, and adding value to both fans and esports organizations.
Kokyo.gg is a platform being built to simplify fandom for both esports organizations and fans by providing both sides with a way to better connect and engage. Fans can stay up to-to-date with their favorite esports teams through a streamlined timeline that intelligently aggregates esports teams’ social channels, news and video content from across the web in one consolidated feed. Kokyo has an easy-to-follow match calendar to ensure users never miss a game and it supports the fan experience before, during, and after every match through active discussion boards to continue conversations around the game.
In addition to improving the esports experience for fans, Kokyo also makes it easier for teams to connect with and monetize their fans. Esports revenue per fan is expected to reach $6.0 in 2020, while in traditional sports league like the MLB revenue is on average $58.4 per fan. Through Kokyo, teams are able to offer exclusive content and experiences for fans using different subscription tiers. Instead of relying on sponsorships and advertising to monetize fans, the focus will be on content quality and maximizing engagement.
“The team and I believe that loving esports shouldn’t feel like a chore. Today, content is spread across multiple mediums and hidden behind mysterious algorithms which makes it difficult to stay updated. With this funding, we’re one step closer to realizing our goal of simplifying fandom for teams and fans alike,” said Dean Burrows, CEO of PatronGG. “We will use the new capital to grow the team, secure team partnerships and enrich our data by providing more in-depth match statistics, event and player profiles, and broaden our game support with the addition of titles such as Dota 2, Rainbow Six: Siege and more.”
“Trust Esport is proud to partner with BITKRAFT Esports Ventures to support the creation and the launch of Kokyo. Interactions between esports clubs and their fans are essential but currently lack structure. This investment is part of our ambition to develop platforms and apps to widely spread esports content and to monetize esports audiences in a sustainable and profitable way for all players in the ecosystem, and especially the clubs” says Matthieu Dallon, founding partner of Trust Esport. “On a personal level, I am honored to join the board of PatronGG alongside CEO Dean Burrows, whose vision and talent as a product manager will certainly make Kokyo a future reference in terms of user experience”, adds Matthieu Dallon.
“Kokyo is a must-have app where esports fans have an easy way to stay up-to-date and support their favorite team across multiple game titles and esports organizations have avenues to maximize fan engagement and create new opportunities for monetization,” commented BITKRAFT founder and managing partner, Jens Hilgers. “We believe Kokyo will change the way fans follow and engage with their favorite esports teams and the larger esports community while providing esports organizations with ways to diversify revenue.”
Kokyo will be available on both web and mobile. To learn more about Kokyo, check out the website here: https://www.kokyo.gg/.
About BITKRAFT Esports Ventures:
An early and mid-stage investor focused on the esports sector, BITKRAFT discovers, supports, and scales esports startups globally along with the industry’s most influential companies. BITKRAFT Esports Ventures was founded in 2016 by esports legend, Jens Hilgers. Hilgers previously founded ESL and served as CEO before selling the majority stake to MTG in 2015. In addition to serving as Managing Partner at BITKRAFT, Jens is the Co-Founder and Chairman of G2 Esports.
About Trust Esport:
Trust Esport is an early-stage investment fund focused on Esports tech-companies, co-founded in 2018 by esports pioneer Matthieu Dallon and Fimalac, the investment holding of Marc Ladreit de Lacharrière, with the support of the international groups Webedia, Amaury and FDJ. Trust Esport finances, supports and upsizes companies whose missions are to improve the viewing experience, to develop the audience monetization, or to enhance the Esports performance. More info on http://www.trust-esport.com.
Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Kokyo secures a M seed investment round from BITKRAFT Esports Ventures and Trust Esport
Latest News
Kore Digital Mining Ltd Announces Additional 14 PH/s Bitcoin Mining Capacity
Kore Digital Mining Ltd, a UK based Bitcoin mining company, announces that effective 1st May 2024, an additional 14 PH/s mining capacity will be added to its existing infrastructure.
This additional capacity will be provided by a major Bitcoin mining corporation and will be operational until 30th June 2024.
Derek Nisbet, Kore’s Founder & CEO, said – “We are pleased to work with a leading Bitcoin Miner in securing a large amount of mining capacity, for a 2 month trial period. We look forward to hopefully extending this period and engaging more with major mining corporations offering Bitcoin hashing opportunities, in the future.”
This additional 14PH/s Bitcoin mining capacity adds to the existing 2 PH/s currently operational with Kore’s own infrastructure and an additional 4 PH/s is due to be added over the next quarter, totalling 20 PH/s.
The post Kore Digital Mining Ltd Announces Additional 14 PH/s Bitcoin Mining Capacity appeared first on European Gaming Industry News.
Latest News
William Hill Announced as Official Betting Partner of Qipco Guineas Festival
Leading bookmaker becomes official betting partner of first UK Classic meeting of 2024
William Hill has been announced as the new official betting partner of the Qipco Guineas Festival, the first UK Classic meeting of the season.
It’s the latest addition to William Hill’s spring racing roster, following sponsorship of The Lincoln Handicap at Doncaster, the Punchestown Champion Chase and its status as official betting partner of the Randox Grand National Festival.
The 2,000 and 1,000 Guineas headline the three-day meeting and the leading bookmaker will sponsor 15 races across the weekend with the Jockey Club Stakes, Palace House and Dahlia Stakes among the races now featuring the William Hill title.
Aidan O’Brien’s unbeaten superstar City of Troy is still all the rage for the 2,000 Guineas at 4/6 whereas Karl Burke’s Fallen Angel heads a competitive looking 1,000 Guineas market at 7/2.
“We’re delighted to become the official betting partner of the Qipco Guineas Festival, strengthening our relationship with The Jockey Club on the back of a fantastic Grand National Festival,” a spokesperson for William Hill, Lee Phelps, said. “It’s brilliant for William Hill to be associated directly with such a prestigious event at Newmarket, the home of the thoroughbred, for this season’s first two Classics. The company has a close connection with the history of the 2,000 Guineas as William Hill himself bred the 1949 winner, Nimbus, who then went on to win the Derby.
“We’re excited to be involved at racing’s key meetings and see the Qipco Guineas Festival as the perfect sponsorship as the British flat season kicks into gear.”
Newmarket – 2,000 Guineas: May 4, 2024
City Of Troy | 4/6 |
Rosallion | 4/1 |
Notable Speech | 12/1 |
Henry Longfellow | 12/1 |
Night Raider | 16/1 |
Alyanaabi | 16/1 |
Ancient Wisdom | 16/1 |
Task Force | 16/1 |
Ghostwriter | 16/1 |
Iberian | 20/1 |
BAR | 25/1 |
Newmarket – 1,000 Guineas: May 5, 2024
Fallen Angel | 7/2 |
Ylang Ylang | 4/1 |
Dance Sequence | 5/1 |
Ramatuelle | 10/1 |
See The Fire | 12/1 |
Content | 12/1 |
One Look | 14/1 |
Pretty Crystal | 14/1 |
Buttons | 20/1 |
Purple Lily | 20/1 |
Porta Fortuna | 20/1 |
Star Style | 20/1 |
BAR | 25/1 |
The post William Hill Announced as Official Betting Partner of Qipco Guineas Festival appeared first on European Gaming Industry News.
Latest News
Midjiwan Supports Reforestation Efforts With New Elyrion Tribe Skin In The Battle Of Polytopia
Midjiwan, the award-winning independent studio behind The Battle of Polytopia, is celebrating Elyrion (∑∫ỹriȱŋ) Tribe Week with a brand-new Midnight (₼idŋighţ) skin and donations to support reforestation.
Tapping into the Elyrion Tribe’s nature magic abilities, every purchase of an Elyrion item in the game will plant one real-world tree from April 22-28 2024. Midjiwan has teamed up with The Canopy Project, an organisation that works with global partners to reforest areas in urgent need of rehabilitation, combining The Battle Of Polytopia’s themes with a desire to make real change in the world. Previous years of Elyrion Tribe Week have resulted in the planting of over 12,000 trees.
The Elyrion Tribe is a mysterious group of elves, dedicated to defending their woodland home with their unique magic and connection with nature. Players using the Elyrion tribe have the ability to enchant animals into Polytaurs and summon powerful Fire Dragons.
Christian Lövstedt, General Manager at Midjiwan, commented:
“This is a hugely exciting partnership, allowing players to support the planet and contribute to reforestation whilst also accessing brilliant new content to use in The Battle Of Polytopia.”
Alongside donating to The Canopy Project, The Battle Of Polytopia also boasts a brand-new skin for the Elyrion Tribe! The Midnight skin allows players to create graves, build crypts, and summon demons in dark forests, all in service of the mysterious Shard of D’Naeh.
The Midnight skin re-skins the entire Elyrion Tribe as the Midnight Cult. Everything the Elyrion Tribe is all about – nature, enchantment, and sanctuary – is turned on its head, corrupted into a dark, twisted dystopia of itself.
Midjiwan has already invested €250,000 in solar power projects in rural areas around Africa, and other charitable projects. The studio continues to seek opportunities to combine its in-game creativity with real-world benefits. The Battle of Polytopia is available on Nintendo Switch, the App Store, Google Play, PC, and Tesla cars.
The post Midjiwan Supports Reforestation Efforts With New Elyrion Tribe Skin In The Battle Of Polytopia appeared first on European Gaming Industry News.
-
Latest News2 months ago
Fairplay Exchange signs as new sponsor of Stephen Hendry’s Cue Tips
-
Latest News2 months ago
2 PEOPLE CAUGHT OPERATING ILLEGAL ONLINE GAMING SITE
-
Latest News3 months ago
Playtech Extends Partnership with BoyleSports Until 2028
-
Latest News3 months ago
Wazdan partners with 711.nl for significant expansion in the Netherlands
-
Latest News3 months ago
OneCasino Partners with Delasport to Also Conquer Sports Betting in the Netherlands
-
Latest News2 months ago
StarGames Named Premium Partner of the International ADAC Truck Grand Prix 2024
-
Latest News2 months ago
Casino Crypto Giant Bitline Partners with Ciphertrace for Enhanced Compliance in Digital Asset Transactions
-
Latest News2 months ago
European Gaming Q1 2024 Meetup: Exploring Innovation, Marketing, and the iGaming Industry Hubs
You must be logged in to post a comment Login