The9 Web3.5 GameFi Platform the9bit Hits 2 Million Users
Rhea-AI Summary
The9 Limited (Nasdaq: NCTY) announced that its Web3.5 GameFi platform the9bit has reached 2 million users since its August 2025 launch. The platform, which combines traditional gaming with blockchain rewards, doubled its user base in just over a month, primarily driven by strong adoption in Southeast Asia.
The platform features "Spaces" that reward users for game purchases, gameplay, and content creation across AAA console and mobile games. At Coinfest Asia 2025 in Bali, the platform attracted over 10,000 attendees. the9bit offers local fiat payment options and auto-custodial wallets, supported by partnerships with Capcom and Vocagame for in-game purchases.
Positive
- Rapid user growth to 2 million users in just over a month
- Strong market penetration in Southeast Asia with 10,000 attendees at Coinfest Asia
- Strategic partnerships with major gaming companies like Capcom
- User-friendly features including local fiat payments and auto-custodial wallets
Negative
- No revenue or financial metrics disclosed
- Early-stage platform with unproven long-term sustainability
News Market Reaction 11 Alerts
On the day this news was published, NCTY gained 6.89%, reflecting a notable positive market reaction. Argus tracked a peak move of +5.3% during that session. Our momentum scanner triggered 11 alerts that day, indicating notable trading interest and price volatility. This price movement added approximately $10M to the company's valuation, bringing the market cap to $153M at that time.
Data tracked by StockTitan Argus on the day of publication.
In just over a month, the9bit doubled its user base to 2 million milestone, fueled largely by its strong appeal among Southeast Asian gamers. The platform's unique "Spaces", incentivizes users for purchasing and playing games including AAA IP console games and mobile titles, and creating content. At Coinfest Asia 2025 in
Quote from Marrtin Hoon, Head of Web3, The9 Limited
"The9bit rewards gamers for what they already do. Reaching 2 million users in just weeks reflects our community's passion and we're excited for what's next."
The9bit is designed for accessibility, featuring local fiat payment options and auto-custodial wallets to simplify Web3 hurdles. Backed by The9 Limited's legacy and IP rights from Capcom and other game developers, the9bit blends mainstream gaming with blockchain-powered rewards. Its partnerships with Vocagame also brings access to wide selection of popular in-game purchases for mobile games. the9bit is built on real spending activity—from game purchases and top-ups—to reward players and creators. Upcoming features will expand this ecosystem into esports and competitive gaming events, creating even more exciting opportunities for engagement.
About the9bit
the9bit is a next-generation gaming platform where players can get games including AAA IP console games and mobile titles, complete daily missions, watch ads, post content, and lead communities — all while earning flexible, token-convertible points. It bridges Web2 gaming with Web3 rewards (Web3.5) by auto-generated wallets, local fiat support, optional KYC, and built-in creator tools make it easy for anyone to join. Visit the9bit.com for more information.
About The9 Limited
The9 Limited (The9) is an Internet company listed on Nasdaq in 2004. The9 is committed to becoming a global diversified high-tech Internet company and is engaged in online games operation and Bitcoin mining business.
View original content:https://www.prnewswire.com/news-releases/the9-web3-5-gamefi-platform-the9bit-hits-2-million-users-302548629.html
SOURCE The9 Limited
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