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Alpha Esports Announces Launch of Mobile Gaming Platform GamerzArcade

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Alpha Esports Tech Inc. has launched GamerzArcade, a mobile gaming platform enabling contests for popular games like solitaire and chess. The platform will operate alongside GamerzArena and aims to enhance user engagement.

Alpha has partnered with MarketJS to provide a diverse library of games, contributing to the booming mobile gaming market projected to exceed $100 billion by 2023. This strategic move positions Alpha to leverage the growing mobile gaming sector and attract more users.

Positive
  • Launch of GamerzArcade enhances user engagement and monetization.
  • Partnership with MarketJS provides access to a vast library of games.
  • Mobile gaming market projected to surpass $100 billion by 2023.
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Launch partnership with MarketJS allows Alpha to host contests for popular games such as solitaire, chess, checkers, and soduku, adding another spoke to the Company's engagement flywheel

VANCOUVER, BC / ACCESSWIRE / August 5, 2021 / Alpha Esports Tech Inc. (CSE:ALPA)(FRA:5NP)(OTC PINK:APETF) ("Alpha" or the "Company") announces the launch of it's mobile gaming platform, GamerzArcade. GamerzArcade offers users with an Alpha Account the opportunity to compete in daily, weekly, and monthly mobile gaming contests for prizes. This more casual gaming platform run in parallel with the Company's online esports platform, GamerzArena.

Through GamerzArcade, the Company will launch with contests across well known casual games such as solitare, chess, checkers and soduku, and will seek to expand its game offerings by partnering with third-party mobile game developers.

For it's first partnership, the Company is pleased to announce it has reached an agreement with MarketJS, where MarketJS will supply games and content for the platform. As part of this partnership, the Company will have access to MarketJS's full library of existing games, which includes arcade games, sports games, board games, and strategy games such as axe master, casual chess, dart master, flick basketball, as well as new releases each month.

In 2020, smartphone games accounted for almost 50 percent of video gaming revenue worldwide, and as mobile penetration rates and smartphone usage continue to accelerate on a global scale, mobile games revenue is on track to surpass the 100 billion-dollar-mark by 20231. The industry also saw a 12% increase in the number of players in 2020, growing to over 2.5 billion players.

"Mobile gaming and GamerzArcade adds a powerful spoke to our existing flywheel and will grow engagement, user base and monetization for Alpha," said Interim CEO, Matthew Schmidt. “We have already seen companies such as Skillz show that this business model can attract millions of users. By leveraging our strong management and advisory team, to activate this new spoke, we believe we are in a great position to partner with many different mobile game developers to offer competitions and tournaments to their userbases.”

About Alpha Esports Tech Inc.

Alpha Esports Tech Inc. is a technology company that focuses on emerging industries in esports, mobile gaming, ecommerce and other high growth opportunities. Through a strong portfolio of technology assets and products such as GamerzArena, Alpha Esports Tech brings a unique mass-appeal focus to modern gaming platforms. Learn more at: www.alphatech.inc

Contact:
Investor Relations: ir@alphatech.inc - 604 359 1256
Media and Public Relations: - media@alphatech.inc

On Behalf of The Board of Directors

Jonathan Anastas
Chairman and Director

Forward Looking Statement

This news release contains "forward-looking information" within the meaning of applicable securities laws relating to statements regarding the Company's business, products and future of the Company's business. Although the Company believes that the expectations reflected in the forward-looking information are reasonable, there can be no assurance that such expectations will prove to be correct. Readers are cautioned not to place undue reliance on forward-looking information. Such forward-looking statements are subject to risks and uncertainties that may cause actual results, performance and developments to differ materially from those contemplated by these statements depending on, among other things, the risks that the Company's products and plan will vary from those stated in this news release and the Company may not be able to carry out its business plans as expected. Except as required by law, the Company expressly disclaims any obligation and does not intend to update any forward-looking statements or forward-looking information in this news release. Although the Company believes that the expectations reflected in the forward-looking information are reasonable, there can be no assurance that such expectations will prove to be correct. The statements in this news release are made as of the date of this release.

The CSE has not reviewed, approved or disapproved the content of this press release

SOURCE: Alpha Esports Tech Inc.



View source version on accesswire.com:
https://www.accesswire.com/658475/Alpha-Esports-Announces-Launch-of-Mobile-Gaming-Platform-GamerzArcade

FAQ

What is GamerzArcade and how does it relate to Alpha Esports?

GamerzArcade is a new mobile gaming platform launched by Alpha Esports that allows users to compete in contests for popular games, enhancing engagement alongside their existing esports platform, GamerzArena.

What partnership has Alpha Esports entered to enhance GamerzArcade?

Alpha Esports has partnered with MarketJS to supply games and content for GamerzArcade, which includes access to a diverse library of existing games.

What impact does the mobile gaming market have on Alpha Esports?

The mobile gaming market is seeing rapid growth, projected to exceed $100 billion by 2023, which positions Alpha Esports to capitalize on increased user engagement and monetization opportunities.

What types of games will be featured on GamerzArcade?

GamerzArcade will feature contests for popular casual games such as solitaire, chess, checkers, and sudoku, with plans to expand offerings through partnerships with mobile game developers.

What objectives does Alpha Esports aim to achieve with GamerzArcade?

Alpha aims to grow engagement, user base, and monetization through GamerzArcade by leveraging its new mobile gaming platform.
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