August 14, 2022

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Social gaming platform INK raises nearly $19M in investment

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Austin-based startup INK Video games introduced it has secured $18.75 million in its newest spherical of fundraising. It plans to make use of this investment to construct out its platform, in addition to its Prize Kingdoms cellular sport.

This marks INK’s 2d spherical of investment, because it raised $9.5 million ultimate September. The corporate’s platform is a social and Web3 trade community, which permits customers to make the most of their achieve. The INK Pay device will pay customers for his or her degree of affect and target market engagement.

Robert Towles, INK’s CEO and co-founder, instructed GamesBeat about what INK brings to the arena of cellular gaming: “INK Video games gives the one platform the place billions of customers can receives a commission for enjoying video games and referring others. With our generation, customers can onboard their whole connectivity and social achieve — and monetize their viral achieve, ceaselessly.”

Towles added that the cellular marketplace at this time does now not be offering sufficient to the customers: “A couple of years in the past, cellular informal avid gamers sought after in-game incentives. Now, they perceive the super worth they convey — they usually be expecting to receives a commission. The tables are turning: Quickly, nugatory incentives received’t lower it. Customers need a significant percentage in revenues. Much more, billions of other folks now understand they cling super affect via their social media, connections and following. They wish to wield this profitably and simply.”

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Prize Kingdoms

INK Video games’ new unlock is Prize Kingdoms, a “distinctive spin at the informal board sport class.” The studio is trying out the sport in areas forward of an expected release later this yr.

Josh Gause, INK’s CCO and co-founder, instructed GamesBeat in regards to the reaction to Prize Kingdoms thus far. “Customers are enjoying on a daily basis, incessantly logging more than one hours of gametime. Importantly, our playtesting proves that we’re ‘a sport for everybody’ — and could have large attraction to the worldwide gaming group. Engagement charges are already fantastic throughout quite a lot of segments and demographics, together with age and gender. Customers are blown away by means of the aggressive social options and alternative to win actual prizes. Complete unlock of Prize Kingdoms is scheduled for later this yr and we’re expecting mass-market good fortune.”

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