On November 2, 2023, Kratos Studios, owner of the IndiGG IP community made an announcement about the ‘Kratos Games Network’ program. This program will offer a grand sum of 50 crores for the gaming studios.
The goal of Kratos Studios is to target the first set of 10-15 gaming studios by March 2024. For this it has already proceeded with monetization for 1.5 lakh gamers, which costs up to INR 5 crores. After this move, Kratos is hoping to see a 100x augmentation in the number of gamers.
This program will support the gamers all over the world, and will introduce then to an economy centred around gaming.
Founder of the Kratos Studios: Manish Agrawal
Kratos Studios: A Brief Introduction
Kratos Studios is a prominent name in the gaming field and is well known for its contributions. The main goal of the company is to provide players with ownership of their data so that they can use their skills and time to generate income opportunities.
The days are bygone when it was said that we can’t make a living from gaming. However, now with the current technological advancements converting gaming skills into income generation opportunity is possible.
Both gamers and games attract the Kratos products stack to build useful and efficient value exchange. It operated under the IndiGG brand that is spread across India, South – East Asia and Brazil.
As you may already know that IndiGG is a blockchain based gaming community which significantly contributes to preparing for the global Web3 games. Its current focus area is South Asia with the motto of making South Asia a digital good factory with over 500M+ gamers.
What Are The Benefits
This transition of Web2 to Web3 in blockchain technology has many advantages to offer.
- One of the foremost benefits is that this new blockchain improves the player ownership by letting the gamers enjoy the in – game assets. Players can buy and sell these assets as well as traded across different platforms and games.
- Another benefit is that with blockchain technology gamers can have the transparency and safety of their details and accounts. This is ensured through the decentralised ledger technology which minimise the risk of fraud, cheating, and centralised control.
- According to a recent report, the market size of gaming is expected to reach $8.6 billion by 2027, up from $2.6 billion in 2022, at a CAGR of 27 per cent. The global Web3 gaming industry is expected to rise at a CAGR of 18.7 percent from 2023 to 2033. This not only empowers players but also creates a new economy around gaming.
- And Kratos studios is dedicated towards gamers and to offer them an all new gaming experience.
