Investments

Paribus. After the storm.

If the global financial system is an ocean and the ships on it represent the different markets, crypto would be the equivalent of a small boat tossed around by the storms we’ve experienced this year. Whatever happens with the development of the technology it’s impossible to avoid the effects of global shifts as we saw last week with the Federal Reserve’s latest rate hike. Even though the news from the Fed was exactly what markets had anticipated and priced in, the response was turbulent which caused more moves to the

SCCG VENTURE FUND MAKES INVESTMENT IN PLAYCALLER

SCCG VENTURE FUND 1 MAKES INVESTMENT IN PLAYCALLER Stephen Crystal announced today one of the first gaming opportunity investments in PLAYCALLER, a Client Partner of SCCG Management, offering strategic support and business development. The SCCG Venture Fund (“SCCG VF”), managed by Stephen Crystal, David Hanlon, Pierre Cadena and Dave Antony, is an alternative investment fund that focuses on increasing value and distributing profit through investing in gaming opportunities, targeting the best opportunities for Seed / Series A funding. The fund specializes in identifying the most innovative companies and founders that

Pierre Cadena Joins SCCG Management as Chief Strategy Advisor

LAS VEGAS, NV, UNITED STATES, January 12, 2022/Plato Data Intelligence./ -- Stephen A. Crystal, Founder of SCCG Management, announced today that senior gaming and media executive, Pierre Cadena, has joined the company as Chief Strategy Advisor. Said Crystal, “We’re doubling down on SCCG’s effort to back the next generation of innovators in the iGaming, sports wagering, esports, and casino gaming spaces. As a firm, we’ve made investments in the sector and supported the industry’s most compelling co-founders and visionaries. Pierre’s expertise in interactive entertainment, media, and digitally-focused consumer businesses will

Ubisoft invests in blockchain gaming

Ubisoft’s second quarterly earnings report revealed some interesting news today about the company’s investments. According to the document, the Assassin’s Creed and Far Cry developer is getting into blockchain gaming. Ubisoft participated in a funding round for Australian gaming company Animoca Brands, which was founded in 2014 by Yat Siu and David Kim. Animoca Brands has a few blockchain games currently available. There’s the racing game REVV Motorsport and NFT game F1 Delta Time, where players can collect various racing-related NFTs. For those more into building and exploration, there’s The

How much does Pokimane make on Twitch?

Pokimane is among the most popular female content creators on Twitch, and as such, her payout from the platform was included in the Twitch leaks from earlier this month. The data breach on Twitch, which included payouts to streamers that spanned from August 2019 to October 2021, showed Pokimane as the highest-paid female content creator on the platform over that time and the 39th highest-paid overall.  Pokimane’s total payout for the 26-month period came out to $1,528,303. That pay only included subscriptions, bit donations, and advertisement revenue. The number does

Final Fantasy XIV Now Most Profitable Game in Series History

Top GamesFinal Fantasy XIV has become the most profitable game in Final Fantasy series history. / Photo courtesy of Square EnixFinal Fantasy XIV's fourth expansion, Endwalker, is set for release next month, and director Naoki Yoshida has revealed that the game has now become the most profitable in Final Fantasy history. It's also accrued more than 24 million players since its initial release 11 years ago.Although it's hardly surprising a game that has been actively played throughout its 11-year lifetime has become the most profitable in series history, the sustained

Final Fantasy XIV reportedly hits 24 million player count

Over a decade after its initial release, Square Enix’s MMO Final Fantasy XIV has surpassed 24 million players, producer Naoki Yoshida announced during the latest Endwalker’s media event, according to IGN. He added that it’s become the most profitable game in the Final Fantasy series, overtaking other MMO game Final Fantasy XI. Released in 2002, Final Fantasy XI was announced as the most profitable game of the license in 2012 and had kept its place since then before being surpassed by Final Fantasy XIV. Yoshida reportedly said that in 2015,

Cardano Partners With Chainlink for DeFi Smart Contracts Development

During a period of major corporate and institutional interest in the crypto industry, nearly 5,000 new tokens have emerged in the last 12 months, averaging over 10 new coins per day, new data shows. Cryptocurrency Boom of 2021 As can be observed on CoinMarketCap’s homepage, the number of existing cryptocurrencies has recently surpassed 12,000. This is well over the approximately 7,100 coins recorded by the site in September of last year, meaning that at least 4,900 new digital assets have been created in the last 12 months alone. This represents

StreamElements raises $100 million in investment funding, plans to speed up development of tools for platforms

StreamElements is one of the leading providers in content creation and streaming engagement and monetization tools, and now, the company has raised $100 million in investment funding as it looks to accelerate development on new production, engagement, and monetization tools.  This round of funding was led by SoftBank Vision Fund Two, with additional new investments from PayPal Ventures, MoreTech, and existing investors such as State of Mind Ventures, Pitango First, and more.  StreamElements initiated its most recent round of funding with plans to develop new tools for streaming and on-demand

Evil Geniuses CEO Nicole LaPointe Jameson is coming to Disrupt

As the opportunities in the gaming world continue to expand aggressively as part of post-COVID shifts to the entertainment sector, esports has found its own opportunities in reaching new audiences. While competitive gaming is still in its early stages, the stakeholders of the industry are some of gaming’s most prominent publishers and organizations, and disrupting how business gets done can be a major challenge for rising leagues and platforms. We’re excited to have Evil Geniuses CEO Nicole LaPointe Jameson join us at TechCrunch Disrupt this week to discuss the business