estimates

Unity Raises $1.3B in Initial Public Offering, Surpasses Epic Games’ Valuation

Source Node: https://esportsobserver.com/unity-raises-1-3b-in-ipo/
Time Stamp: September 18, 2020 3:10 PM - Modified On: September 18, 2020 - Published By:
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Video game development platform and technology firm Unity Software completed its initial public offering Friday and began trading on the New York Stock Exchange. The Unity game engine developer raised $1.3B USD in the offering. The company sold 25M shares, which represent roughly 9.49% of the company’s total outstanding shares after the offering, at a price of $52 per share in the initial offering. The offering pricing put Unity Software’s market capitalization at $13.7B based on 263,366,733 outstanding shares. The pricing exceeded Unity’s initial price range marketed to potential investors.

Marvel’s Avengers Had The Most Downloaded PS4 Beta Ever

Source Node: https://www.gamespot.com/articles/marvels-avengers-had-the-most-downloaded-ps4-beta-/1100-6481754/?ftag=CAD-01-10abi2f
Time Stamp: September 2, 2020 8:12 PM - Modified On: October 29, 2021 - Published By:
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Marvel's Avengers will launch for everyone on September 4, but many players have already had a chance to experience the game thanks to its beta program, culminating in an open weekend beta in late August. As it turns out, this was a big success--the biggest in the history of the PS4, in fact.Square Enix has announced that the Marvel's Avengers beta was the biggest ever on PS4. Or, more specifically, it was the "most downloaded," meaning that a lot of people installed it onto their system.While the tweet does not

Modern Times Group Reports $2.15M Net Loss, Announces Further Cost Reductions for ESL and DreamHack

Source Node: https://esportsobserver.com/modern-times-group-q22020/
Time Stamp: July 24, 2020 11:28 AM - Modified On: July 24, 2020 - Published By:
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ESL and DreamHack parent Modern Times Group (MTG) reported its financial results for the second quarter of 2020, recording a constant net sales of kr1.1B SEK ($124M USD) compared to the same quarter last year. MTG’s net sales for the quarter ended on June 30 were offset by operating costs before depreciation and amortization of kr992M ($112M), which decreased by 4% year-over-year. In total, the company reported a net loss for the period of kr19M ($2.15M) compared to a net loss of kr38M ($4.3M) in the same period of last

Apple stops updates for thousands of games in China’s App Store

Source Node: https://www.engadget.com/apple-stops-updates-thousands-games-china-app-store-201542845.html
Time Stamp: July 1, 2020 4:15 PM - Modified On: July 1, 2020 - Published By:
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Sponsored Links HECTOR RETAMAL via Getty Images Apple has suspended updates for thousands of games on its App Store in China because they lack a license from the Chinese government, The Financial Times reported. The company has faced mounting pressure from the Chinese government in recent weeks to comply with local regulations, including that all games show proof of a government granted license.Apple’s biggest App Store market is China, according to The Financial Times, and most of the $16.4 billion App Store revenue in the country comes from games. Internet

Xenoblade Chronicles Comes With A Nice Freebie For XC2 Players

Source Node: https://www.gamespot.com/articles/xenoblade-chronicles-comes-with-a-nice-freebie-for/1100-6477821/?ftag=CAD-01-10abi2f
Time Stamp: June 5, 2020 11:00 AM - Modified On: June 5, 2020 - Published By:
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Xenoblade Chronicles: Definitive Edition is finally out on Nintendo Switch. The remastered Wii RPG arrives almost three years after the series' most recent installment, Xenoblade Chronicles 2, and if you've played that game, you'll find a nice free gift waiting for you. If you have save data for Xenoblade Chronicles 2 on your Switch, you'll receive a special one-time bonus upon booting up Xenoblade Chronicles: Definitive Edition--100,000 gold. Note that you'll only have one chance to claim this bonus, so make sure to select Collect before setting off on your

The Last Of Us 2 Dev Talks Accessibility — “Games Are For Everyone”

Source Node: https://www.gamespot.com/articles/the-last-of-us-2-dev-talks-accessibility-games-are/1100-6478033/?ftag=CAD-01-10abi2f
Time Stamp: June 4, 2020 1:53 AM - Modified On: June 4, 2020 - Published By:
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Naughty Dog's The Last of Us: Part II will feature more than 60 different accessibility options that are aimed at helping the game appeal to a wide audience. Audio lead Robert Krekel has now shared a little more light on some of the audio-focused accessibility features, while he also spoke about how Naughty Dog's future projects will go even further and offer more in the way of accessibility features. Posting on Twitter, Krekel said The Last of Us: Part II can be "pretty much" completed with only audio. The audio

Kardiachain Sets Sight on the $2 Billion Vietnamese Esports Market

Source Node: https://btcmanager.com/kardiachain-2-billion-vietnamese-esports-market/
Time Stamp: May 21, 2020 6:00 PM - Modified On: May 21, 2020 - Published By:
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KardiaChain on May 21, 2020, announced its plans of expanding into the lucrative, multi-billion dollar Vietnamese eSports market. Consequently, they have launched the KardiaChain eSports Incentive Platform which is a prediction game for Garena’s Arena of Valor (Liên Quân) tournament on the Vietnamese mobile phone MOBA game. Garena is the largest game portal in South East Asia. Fans will now be allowed to punt on match outcomes using KardiaChain’s KAI tokens.  KardiaChain and Their Mission The decision was borne out of necessity. Because of COVID-19-related disruptions, the blockchain project, in a blog post,