Asia
WazirX Co-Founder and SuperGaming Announce Launch of Tegro, a Web3 Games Ecosystem Marketplace
Tegro is a new initiative by Siddharth Menon, co-founder and COO of WazirX, one of the world’s largest cryptocurrency marketplaces and leading Indian game developer SuperGaming. Tegro is a complete Web3 games ecosystem empowering players, game developers, and investors to unlock the potential of Web3 in the best possible way — sustainable, transparent, and fair.
With games evolving in terms of visuals, technical complexity, and design, their economies and monetisation should evolve too instead of stagnating — which they largely have since the mid-2000s. And while sparks of this are seen with the first generation of Web3 games, these are made in a way that is unsustainable.
Siddharth Menon, co-founder of Tegro, brings deep expertise in Web3 ecosystems and scaling businesses, having built WazirX, one of the world’s largest cryptocurrency marketplaces with over eight million users and billions in monthly volume.
“Mobile games disrupted the games industry and Web3 games could be an even bigger disruption,” said Siddharth. “Web3 games will be the next paradigm shift in gaming, opening new economic and creative opportunities for players, and have the potential to unlock a 2 trillion dollar market.”
However, Web3 games need to be built in a way that respects players and keeps them engaged while still onboarding institutional investors and traders who would grow this economic opportunity. Most existing Web3 games and by extension their economies don’t put players at the center of this opportunity.
This is where SuperGaming’s expertise with over 300 million players and nearly 100 games developed comes into play. These include recent hits like MaskGun and Silly Royale as well as the upcoming battle royale game, Indus.
In addition to this, the company has its own gaming engine for running hyperscale, real-time multiplayer games used by third-party studios with the official PAC-MAN game being the most famous of these. Nonetheless, the company is deeply aware of the current issues with crypto games.
“At SuperGaming, we make games that people play for years,” said Roby John, co-founder of Tegro. “We see Web3 technologies as complementary to our player-first ethos, allowing us to produce new creative and economic opportunities for them. With the potential of Web3 games and Tegro, we can do so in a way that’s sustainable, fair, and transparent for all.”
Tegro is founded on the idea that digital worlds will be investable asset classes in the coming decade. These digital worlds require a foundation which protects players and empowers investors in navigating this new paradigm of games. The company will solve for this with:
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Tegro markets for players and institutional investors
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Sustainable economy templates for game devs created by experts
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Game asset stats to help you trade and invest better
Tegro’s Web3 games roadmap includes the Tegro marketplace, market SDKs, asset stats and APIs crafted by a founding team with deep experience in making games and designing economies for a global audience.
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Asia
NagaWorld Achieves Exceptional Great Place To Work Certification with Near-Perfect 95% Trust Index Score
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NagaCorp Ltd. together with its subsidiary NagaWorld, a leading Integrated Resort in the Mekong Region, announced that it has recently been Certified by Great Place To Work, a global authority on workplace culture. This prestigious certification, earned with an exceptional Trust Index score of 95%, is based entirely on direct and anonymous employee feedback. A high score indicates a positive work environment where employees felt empowered to be their best selves in a safe work environment while receiving fair recognition, rewards and opportunities for growth.
“It is encouraging and inspiring to see the practice of workplace culture and excellence being cultivated and recognised in Cambodia and being valued by each member in our company. We are both humbled by this international recognition and immensely proud of each member of our Naga family who through their passion for improving livelihoods come to the workplace everyday, not only to work, but to learn, to deliver and to promote the Khmer culture to the world through the works we collectively do. This certification is a recognition of the collective spirit and dedication of every member of our Naga family,” said Mr. Chen Yiy Fon, Chief Executive Officer & Executive Director of NagaCorp.
“We will mark this milestone in our ‘Shaping Tomorrow, Together’ journey, which places our people at the core of everything we do. We are immensely proud of our team of over 6000 professionals. This recognition is possible because of you. We congratulate our fellow recipients in Cambodia who have received Great Place to Work certification and together let us continue to build and foster a workplace environment of excellence, integrity, and mutual respect where productivity can thrive and flourish,” Chen Yiy Fon added.
The post NagaWorld Achieves Exceptional Great Place To Work Certification with Near-Perfect 95% Trust Index Score appeared first on European Gaming Industry News.
Asia
GRA Renews Singapore Pools Licence for Five-year Term
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The Gambling Regulatory Authority (GRA) has renewed the licence of Singapore Pools (Private) Limited (Singapore Pools) to conduct betting operations, gaming and lotteries under Section 54 of the Gambling Control Act 2022 (GCA). The tenure for the licence will be five years with effect from 25 October 2025, following GRA’s assessment that Singapore Pools has fulfilled the requirements under Section 54 the GCA.
The post GRA Renews Singapore Pools Licence for Five-year Term appeared first on European Gaming Industry News.
Arnold Hur
Thirteen Leading Universities Partner with Gen.G for its Practicum Abroad Programme to Prepare Students in Seoul for Esports Careers
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Global esports and gaming organisation Gen.G announced that it has partnered with thirteen distinguished universities across the US to participate in the Gen.G Practicum Abroad programme, which offers students the opportunity to take part in an intensive, three-week programme to study in the heart of the esports industry in Seoul, South Korea.
The thirteen institutions are: Conestoga College, Augustana University, Buena Vista University, Illinois College, Manchester University, Seton Hall University, Shenandoah University, Syracuse University, St. Thomas University, University of Kansas, Maharishi International University, Randolph-Macon College and University of Hawai’i.
“This is our most ambitious program since the launch of our Gen.G Practicum Abroad program, bringing together some of the best universities in the country to expand their educational programs on campus. The students will be fully immersed in Korea with hands-on experiences to give them a 360-degree view of the esports industry,” said Arnold Hur, CEO of Gen.G.
Gen.G professionals will lead the Gen.G Practicum Abroad programme, which includes custom esports programming, mentorship by industry professionals, special lectures, industry “lunch-and-learns,” and professional networking, all while immersing students in Korean culture and its history in esports. Students will also visit competitive organisations and gaming publisher studios.
The post Thirteen Leading Universities Partner with Gen.G for its Practicum Abroad Programme to Prepare Students in Seoul for Esports Careers appeared first on European Gaming Industry News.
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