Circle of Games Secures Strategic Investment for Global Expansion

Circle of Games (COG), a Web3 multi-gaming platform, secures funding to accelerate its global expansion, enhance platform capabilities, and introduce its native token by Q2 2024. Aiming to reach 100 million gamers by 2026, COG plans to expand its game offerings from 6 to over 10 in 2024. Strategic partnerships with Nazara Technologies and The Hashgraph Association provide access to vast game collections, ecosystems, and advanced technology.

Circle of Games Unveils Ambitious Expansion Strategy with Strategic Investment

Dubai, United Arab Emirates, April 18th, 2024

Circle of Games (COG), a leading Web3 multi-gaming platform, has secured a significant investment to accelerate its market penetration, enhance its platform capabilities, and expand its global presence across key regions. This strategic collaboration will empower COG to further leverage its innovative Distribution Infrastructure Network (DIN) on a global scale.

Accelerated Growth and Content Expansion

With an existing user base of 250,000 and an ambitious target to reach 100 million gamers by 2026, COG has embarked on an aggressive growth strategy. The company plans to expand its game offerings from six to over ten in 2024, targeting a larger share of the global casual and hyper-casual gaming market.

In addition, COG is poised to introduce its native token, the $COG Token, by the end of the second quarter of 2024. This token will provide users with an enhanced and more immersive experience within the platform.

Strategic Partnerships and Global Reach

This investment will enable COG to capitalize on its strategic partnerships with industry leaders, including Chingari, Solana, KGeN/IndiGG, Foundership, and various Gaming Guilds/DAOs. These alliances grant COG immediate access to over 500 million users across more than 50 countries, reinforcing its position as a dominant player in the market.

Rabilal Thapa, CEO and Co-Founder of Circle of Games, commented, "This investment and partnership provide us with strategic guidance, global network access, and support from Nazara, as well as access to vast game collections, ecosystems, and advanced technology from The Hashgraph Association, all aimed at facilitating COG's global growth."

Kamal Youssefi, President of The Hashgraph Association, stated, "We are delighted to further empower the global Web3 gaming industry through our co-investment with Nazara Technologies in Circle of Games – the leading Web3 multi-gaming app aiming to onboard the next billion users onto the Hedera network."

About Circle of Games

Circle of Games is a pioneering Web3 multi-gaming platform founded by Rabilal Thapa (CEO), Rajeeb VC (CTO), and Rohit Tiwari (CMO). Headquartered in the British Virgin Islands, COG has rapidly gained traction with over 250,000 registered Android users. The platform is scheduled to launch its iOS app in the second quarter of 2024. COG aims to onboard 100 million users to Web3 by 2026 through its ecosystem of skill-based and casual games.

About Nazara Technologies Ltd.

Nazara is India's only listed gaming and esports company with a comprehensive portfolio of brands and presence in India, the US, and other global markets. It owns leading esports platforms such as Nodwin and Sportskeeda/Pro Football Network. Nazara's interactive gaming offerings include gamified early learning ecosystems (Kiddopia and Animal Jam), cricket simulation franchises (World Cricket Championship), and a wide range of casual games distributed through telco partnerships in emerging markets.

About The Hashgraph Association

The Hashgraph Association is a non-profit organization headquartered in Switzerland. It supports and funds innovation, research, and development in the Hedera ecosystem to promote economic inclusion and a sustainable digital future. The Association provides training, innovation, and venture building programs globally to foster the adoption of Hedera-powered enterprise-grade solutions and decentralized applications.

For further information:

Prity Roy
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