Singapore-based consumer internet company Glance InMobi has announced that it has acquired Indian gaming company Gambit Sports (Gambit). This is expected to accelerate Glance’s ambition of building the biggest platform for NFT-based live gaming experiences for Gen-Z, across markets.
As per the official statement, the acquisition will bring together Glance’s scale and lock-screen centric innovation with Gambit’s expertise and understanding of the gaming ecosystem.
Glance will leverage Gambit’s expertise to launch highly engaging live gaming experiences including tournaments, game shows, game streaming and multi-player games on the lock screen, the statement added.
“Gaming is the most exciting content category across the world today and Gen-Z spends more time on gaming than on any other activity online,” said Piyush Shah, Co-founder of InMobi Group and President and COO, Glance.
He added, “Giving users live, connected, interactive gaming experiences on the lock screen is key to Glance’s vision of building the world’s largest live internet platform. We also aim to launch creator-led NFTs for live gaming which will generate unique ‘play-to-earn’ and ‘play-to-own’ possibilities for the entire gaming ecosystem,” he added.
Yashashvi Takallapalli, Co-founder and CEO, of Gambit said, “We have already started seeing great traction for live gaming on Glance. For instance, over 10 million users watch live game streams on Glance every week now. With Glance and Gambit’s combined strengths and our belief that there is a game for every person, we envision doubling the number of monthly active gamers on Glance Games in the next year.”