InGame Sports, an Egyptian gaming and sports technology startup has secured over $1 fund, in-kind resources, and grants in a pre-seed round spearheaded by Opener.
This global venture capital firm invests in early-stage technology companies and has a rare blend of capital and technology.
Several well-known international sports brands, like Sports Radar, and other Egyptian and foreign angel investors participated in the round.
According to Mohab El Tawila, managing partner of InGame Sports, InGame intends to offer cutting-edge entertainment worth to the region’s millions of football enthusiasts.
InGame is built to inspire and engage users in brand-new methods and experiences through fresh reward programs.
Football enthusiasts who have never before come together in the game industry are excited by InGame’s target incorporation of its stronghold in a number of ground-breaking interactive engagements.
Future plans for the firm include not only a focus on the Egyptian market but also on international expansion. Future add-on releases from InGame will utilize blockchain technology throughout all of its modules and be based on web3 infrastructure.
Additionally, the firm released a popular free-to-play football game in the area, and during the first three weeks of the launch stage, the game had over 17,000 downloads with an average session length of 3 minutes and 16 seconds.
Techbuild’s Take
Every culture has a significant gaming presence, particularly as more people become accustomed to technology and its accessibility. From youth through maturity, many people like playing video games as a passion.
Technology has made it possible for websites like Ingame Sports to offer a chance for consumers to enjoy their favorite games while also earning money for some.
Individuals have excellent quality and access to an almost endless number of competitors thanks to the internet and ongoing improvements in connection efficiency.
With this kind of investment, game developers are quickly introducing new features. The latest update, ownership, enables players to own characters and in-game assets by utilizing blockchain technology.
Don’t miss important articles during the week. Subscribe to techbuild.africa weekly digest for updates
