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Axion Ventures Launches Rising Fire with Tencent in China
Axion Ventures Launches Rising Fire with Tencent in China.
About this update from Axion Ventures Inc
[{"type":"text","content":"\n\n\n\nAxion Ventures Launches Rising Fire with Tencent in China\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen2{\nBORDER-TOP:1pt; BORDER-RIGHT:1pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:1pt; PADDING-LEFT:0.50em; BORDER-LEFT:1pt; PADDING-RIGHT:0.50em\n}\n.prntblns{\nBORDER-TOP: 1pt; BORDER-RIGHT: 1pt; BORDER-COLLAPSE: collapse; BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt\n}\n\n\n\n\n\n\nAxion Ventures Launches Rising Fire with Tencent in China\nCanada NewsWire\nVANCOUVER, July 3, 2018\n\n\n\nVANCOUVER, July 3, 2018 /CNW/ - Axion Ventures Inc. (\"Axion Ventures\", \"Axion\", or the \"Company\") (TSXV: AXV) is pleased to announce the commercial launch of the Company's self title, 'Rising Fire' in China through Tencent Holding Limited's (HKG: 0700) (OTC: TCEHY) (\"Tencent\") massive distribution network, 'WeGame'. Axion expects Tencent to distribute Rising Fire in a staged manner to approximately 1.5 million active WeGame users immediately, 15 million users by mid-July, and up to 100 million users by mid-August. Axion will update shareholders with usage and growth data on a periodic basis as this data is made available by Tencent who has the distribution rights of Rising Fire in China, the world's largest gaming market, with a projected value of US$37.98 Billion in 2018. \n\n\n \n \n\n \nIn connection with the launch, Tencent has commenced a multi-million dollar marketing campaign to raise awareness and drive player participation. Currently trading at a market cap of US$ 475 Billion, Tencent is the world's largest video game company by revenue. \n\nRising Fire Staged Release \n\n\n\n\nStage 1:\n\n\n1.5 Million Users\n\n\nCurrently in Process \n\n\n\n\n\n\n\nStage 2:\n\n\n15 Million Users\n\n\nBy Mid-July 2018\n\n\n\n\n\n\n\nStage 3:\n\n\n100 Million Users\n\n\nBy Mid-August 2018 \n\n\n\"After years of high-level, rigorous testing by the world's largest video game publisher, we are proud to announce that Rising Fire has officially been launched through Tencent's powerful distribution arm,\" said Todd Bonner, CEO and Chairman of Axion Ventures. \"The testing process that Rising F...