Good Gaming Inc.’s CEO, David B. Dorwart, recently shared an optimistic shareholder update, outlining the company’s future direction. Acknowledging past challenges in the gaming and NFT markets, Dorwart emphasized a key takeaway: learning from experience. The company recognizes that its strength lies not in developing games from scratch, but in identifying and nurturing successful mobile games globally.
Think Tank and Strategic Partnerships
Good Gaming recently conducted a three-day “Think Tank” session to map out a new strategic path. This collaborative effort revealed a significant opportunity: providing innovative services in a sector where game developers’ needs outstrip the capacity of existing companies.
- Using ViaOne’s Expertise: Good Gaming will partner with ViaOne subsidiaries, enTouch Wireless and Assist Wireless, to utilize their expertise in cellular communications for marketing and pre-loading distribution of popular play-to-earn games on cellular devices.
Shifting Focus to Marketing and Distribution
Good Gaming is strategically shifting its focus from game development to marketing and distribution of established global mobile games aiming to expand their presence in the U.S. market.
Capitalizing on Mobile Gaming Growth
This strategic shift aligns with the explosive growth of the mobile app gaming industry, particularly in the Web2 and Web3 sectors.
- Market Size: The global mobile gaming market is projected to reach $432 billion by 2028, with an estimated 1.9 billion gamers.
- Play-to-Earn Potential: This presents a significant opportunity for Good Gaming to capitalize on the rising demand for play-to-earn mobile games.
Strong Parent Company Support
ViaOne Services, Good Gaming’s parent company, has demonstrated strong support through substantial loans and the conversion of debt into equity. This signifies their confidence in Good Gaming’s potential.
Looking Ahead
Dorwart expressed confidence in Good Gaming’s bright future, highlighting the company’s commitment to:
- Learning from past experiences.
- Focusing on core strengths.
- Using global partnerships.
The company is poised to seize the opportunities in the mobile gaming market and actively seeks strategic partnerships to solidify its success. Shareholders can anticipate future announcements regarding these partnerships.
