Business
VE GAMING, A VALIANT EAGLE INC. (OTC:PSRU) SUBSIDIARY, ENTERS INTO A GAME DEVELOPMENT AND DISTRIBUTION AGREEMENT WITH BUDDY GAMES LTD. TO LAUNCH GROUNDBREAKING CRICKET GAME, NEW6ALL
VE GAMING, A VALIANT EAGLE INC. (OTC:PSRU) SUBSIDIARY, ENTERS INTO A GAME DEVELOPMENT AND DISTRIBUTION AGREEMENT WITH BUDDY GAMES LTD. TO LAUNCH GROUNDBREAKING CRICKET GAME, NEW6ALL.
About this update from Valiant Eagle Inc.
[{"type":"text","content":"LOS ANGELES, CA – VE Gaming, a subsidiary of Valiant Eagle, Inc., has entered into a Game Development and Distribution Agreement with Buddy Games Limited to develop and distribute NEW6ALL, an innovative cricket video game that will redefine how fans interact with the sport. The game will launch on mobile platforms first, with plans to expand to Web3, PlayStation, and Xbox, targeting cricket’s massive global audience.Cricket is the second most-followed sport globally, with over 1 billion fans and an incredible 900 million in India alone. NEW6ALL is poised to capitalize on this immense popularity, leveraging VE Gaming’s exclusive partnerships to access 1.5 billion mobile devices through its NexGen deal.A Thriving Cricket Gaming MarketThe success of cricket-based video games underscores the massive potential in this market. Cricket 24, released in 2023, generated over $2 million in gross revenue on Steam alone, with additional revenue from PlayStation and Xbox platforms. Its predecessor, Cricket 22, launched in 2021, achieved global recognition, setting a strong benchmark for cricket gaming. Building on these successes, NEW6ALL will take cricket gaming to the next level with cutting-edge features and unmatched engagement.Multiple Revenue StreamsThe development of NEW6ALL is designed to maximize revenue through multiple streams, including:In-Game Advertising: VE Gaming will control all in-game ads, creating opportunities for partnerships with top global brands targeting cricket fans.In-Game Purchases: The game will offer premium content, such as team customizations, player upgrades, and exclusive features, creating recurring revenue streams.Projected Financial SuccessNEW6ALL will target a 657 million audience globally through partnerships with major telecom providers, including Reliance Jio (470 million users in India), Grameenphone (80 million in Bangladesh), and Jazz Mobile (55 million in Pakistan).With pricing models starting at $0.50 per game and a 5% response rate, revenues could exceed $300 million annually just from participation fees.Adding in-game ads and purchases, annual profits could surpass $120 million, with potential for further growth as the game gains traction.Strategic Distribution and EngagementNEW6ALL will debut on NexGen’s 1.5 billion mobile devices, ensuring global accessibility and reach. Following the mobile ...