Announcement of the establishment of CA GameFi, Inc.  For the development of Blockchain games in the global market – Press release Bitcoin News

Announcement of the establishment of CA GameFi, Inc. For the development of Blockchain games in the global market – Press release Bitcoin News

PRESS RELEASE. CA GameFi Inc., (headquartered in Shibuya-ku, Tokyo, Japan; Taro Yamamoto, Director’s Representative; hereinafter CA GameFi Inc.), a subsidiary of CyberAgent Inc. (headquartered in Shibuya, Tokyo, Japan; Makoto Fujita, Representative of the Director; located on the first section of TSE, stock exchange code 4751; hereinafter CyberAgent), now announces the establishment of a blockchain game company on March 23, 2022 .

CA GamesFi was founded to release blockchain games in the global marketplace, including Asia and the United States, using the power of CyberAgent accumulated through the development of its major game titles. The above blockchain games include their titles and games whose IPs are owned by other companies.

Background and purpose of establishment

In recent years, GameFi has been attracting market attention. GameFi, a term coined by a combination of “game” and “finance”, refers to a game that integrates NFT and cryptocurrencies based on blockchain technology.

Unlike the traditional way of enjoying games just for fun, GameFi is designed to provide the entire ecosystem through characters and objects whose originality and rarity are guaranteed by the blockchain. These characters and items have the value of property and are sometimes traded in large quantities, especially in popular games.

With mega titles already in the world with more than a million active users and cumulative transaction amounts of hundreds of billions of dollars, GameFi is now recognized as a new growing market that differs from the traditional gaming market.

CyberAgent has grown into one of the largest gaming companies on smartphones by continuously producing a range of multi-affiliate hits acquired through recent large-scale development. CyberAgent will create blockchain games as a new business through CA GameFi using its knowledge, creativity, operational skills and records of the development and operation of various IP-based games. CA GameFi will target users in English-speaking regions such as North America and Asia by providing its own titles and various IP-based titles.

CA GameFi aims to create ecosystems with sustainable growth by providing high quality games that are gaining worldwide recognition in the GameFi market.

Oh CA GameFi, Inc..

Company name CA GameFi, Inc..

Address 40-1 Udagawa-cho, Shibuya-ku, Tokyo

Established March 23, 2022

Representative President and CEO Yamamoto Taro

Work Blockchain game development

Corporate website https://www.cagamefi.co.jp


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Announcement of the establishment of CA GameFi, Inc.  For the development of Blockchain games in the global market – Press release Bitcoin News

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