Recently, Telegram announced a global partnership with Helika Gaming following the success of the Telegram blockchain, which is powered by Mini apps. This new action aims to capitalize on the formal support of the recent collaboration between Mini Apps and blockchain technology.

It improves the user gaming experience in messaging platforms. The initiative also aims to congratulate the 200 million player success of games like Hamster Kombat, which was launched in March. 

Why is the Notcoin Gaming Collaboration Exciting Gamers And Developers? 

Notcoin’s announcement of a $50M gaming accelerator was revealed on X. Hee, the vast Telegram user base had become a new meta from the Mini Apps. Also, this funding from Helika Accelerates seeks to support game studios, Indie creators, and mobile app developers. 

With this partnership, users get an engaging and innovative gaming experience that reveals Telegram’s platform with the capabilities of The Open Network blockchain. Besides, this aims to diversify the number of games available on the Telegram platforms and attract a broader audience through incentivised game development. 

It is exciting to note that the first cohort of applications to the Telegram gaming accelerator program is set to open next week. With the previous record, In January, the viral clicker game Notcoin broke crypto game records by recruiting over 20 million sign-ups in less than a month. 

According to data given in an interview with Cointelegraph in April, Sasha Plotvinov, founder of the team behind the game Open Builders, explained that the game has just solved the issue. 

Also, With the collaborations and simplifying the onboarding process, Plotvinov is able to remove all the roadblocks as users were given the motivation to go for all this Web3.

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The Taiwan-based animation company specializes in game and character animation across human, mechanical, and animal characters, which Capcom wants to boost further. The main purpose of the acquisition is to enhance the studio’s technological and game developmental capabilities. To acquire the studio, Capcom had to pay $ 27,265 during the share purchase to make it a subsidiary company.

The acquiring company aims to achieve a goal of 100 units in annual sales and long-term management so that it wouldn’t be a lost deal. Since Minimum Studios had already worked on Resident Evil titles, they will be developing the characters for the upcoming game in the series Resident Evil 7’s. 

The director of the game is Koshi Nakanishi, who has not yet revealed anything about the content of the same. However, it is speculated and anticipated that this will be much bigger and better than Resident Evil Village.

Capcom only has two-thirds of the shares of Minimum Studios, and they have made it clear that they will continue to explore the acquisition for better gaming development. Currently, the company operates from Osaka and has offices in Japan, East Asia, North America, and Europe. Apart from Minimum Studios, the company also has other subsidiaries for game development, like Blue Harvest, K2, and 3D/ 2D CG studio Swordcanes.

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The bid price of Keywords Studios’ £2.1 billion /€2.4 billion represents 66.7% of the total premium (including all debts)  to its closing share price on 17 May. In the initial stages of this deal, the bid price was much lower, but now it has topped the price of £25.50 (€30) per share in May.

Don Robert, Keywords Studio’s Chairman, has stated that whilst all the board members expect the continuation of the company’s strategic objectives, they are also mindful of all the near-term challenges and long-term uncertainties. The company has caused volatile returns in the past 15 months for all the shareholders.

Robert also mentioned that this takeover would be a great opportunity for the shareholders to realize the value of their investment in cash upfront. Furthermore, this takeover deal is yet another blow to the London Stock Exchange, as it has become another raft of firms that have been taken private.

More Details On The Organizations Involved In This Takeover Deal

EQT previously made four proposals for an unsolicited takeover of Keywords Studios. However, the tech company rejected those proposals. For context, Keywords Studios is a major tech company associated with Google, Nintendo, Microsoft, and EA. Not only that, but many blockbuster games such as Fortnite and Assassin’s Creed also use Keywords Studios’ services.

This company was founded in 1999 when the founder, Giorgio Guastalla, moved to Dublin to work with his partner, Terresa Luppino. At the time, the business was a language translation and localization software business. This firm now operates in 26 countries, including continents like Europe, Australia, and Asia.

EQT has a track record of investing in technology firms, where they have spent over $37 Billion on 116 tech investments worldwide.

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The best part of this partnership is that the players will be able to access multiple cloud-based games and play only using the Fire TV Sticks. Not only that, this is beneficial for gaming streamers as well because they won’t need to set up traditional gaming setups as they will be able to stream directly to their television. So, whether ot not you have an Xbox console or a high-end gaming PC, you can enjoy your favorite games at home and stream them.

Apart from enjoying the best gaming experience, you can save a few bucks with this partnership as Fire TV Sticks are quite affordable compared to those Xbox consoles. The current price of the Fire TV Stick 4K edition is USD 39.99, which is about a fraction of the cost of an Xbox console. You can also purchase the Fire TV Stick 4K Max and Fire TV Stick 4K (2023), which are launching in July, for better gaming quality. These sticks are so flexible and portable that you can easily carry them from one room to another, along with the gaming setup. All you require is a stable internet connection and a compatible Bluetooth-enabled wireless controller.

So, it is time for gamers to get their Xbox Game Pass Ultimate membership and enjoy the premium games that are available. From Senua’s Saga: Hellblade II to Fortnite to Forza Horizon 5 and more, all the best and most popular graphical games are accessible with a subscription. With this flexible gaming setup, you can enjoy your favorite games from anywhere, anytime.

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Although these people served the company for years and helped the social platform grow from 200,000 to 25 million daily active users, they were laid off because the focus had shifted. BeReal COO Romain Salzman said that these staff members are deeply impacted by this sudden layoff because they worked under tremendous pressure and built the working platform for the users while growing it in 18 months. This year, the total number of employees at BeReal was 60, which has now decreased to 32.

The spokesperson of Voodoo said that they want to focus on BeReal’s growth in a sustainable way and, thus, have made the decision to let these staff members go. They also added that although it was tough for them to make such an announcement, they had to do so for the betterment of the company. The company has decided to support the teams and individuals who were laid off as their contribution has been valuable all this while. As Voodoo has acquired BeReal, it aims to create a place where users can connect with the people who are close to it and maintain the real mission and values of BeReal.

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FAU-G initially had 50 million downloads but failed to stand the competition from Battlegrounds Mobile India and Free Fire. It is developed by Dot9 Games under nCore Games. Further, there was a quick announcement that the new mobile game will soon be available for pre-registration on Google Play and the App Store.

This gameplay features many Indian characters in modern military settings, each with a unique backstory. Moreover, the gamers will be excited by various maps with diverse environments, which show India’s rich cultural heritage and offer advanced gameplay features.

So, it can be an innovative experience for millions, and the developers are promising an immersive gaming experience for enthusiasts worldwide. Nitish Mittersain, Joint MD and CEO of Nazara Technologies, said that they are excited about the partnership, which emphasises the potential for Made in India gamers with locally relevant content. 

What Are The Commitments Made By Naraza and Ncore Games

There is a heartfelt congratulations given to Nazara Technologies, nCore, and the entire team of Dot9 Games behind FAU-G as Domination for this remarkable achievement. They said that we are inspired by such collaborations that push the boundaries of gaming excellence. 

It was exciting in December last year when Nazara Publishing announced plans to publish five games from Indian gaming studios across genres. This includes 2D action game Gravity Shooter and 3D multiplayer cricket game World Cricket League.

This success goes to the credit of Kaiwan Yezdani who is the co-founder or director of Dot9 games. Also,  there are numerous team members who gave valuable support for succeeding this gameplay into reality. This include-

• Vishal Gondal,
•  Kaval Bombra,
•  Deepak Ail,
•  Srinivasan Veeraraghavan Prasad,
• Ramdas Yogesh Patel,
• Piyush Damania,
• Gaurav Tayade rony moncy,
• Siddhesh Sawant,
• Vanita Mascarenhas,
• Adiraj Singh,
• Ashish Yadav and more.

To know other details related to Dota9 games, stay tuned for latest information or updates. 

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Ralf Reichert, CEO of Esports World Cup Foundation, said that STC group is the digital backbone of this most awaited competition that will enable its fans to enjoy matches from all over the world. However, the enthusiasts and fans will have to stay connected with them through a special STC SIM card.

Popular online games such as Fortnite, TEKKEN 8, PUBG mobile, Call of Duty: Modern Warfare III, Apex Legends, Rennsport, Rocket League, DOTA2, Counter-Strike 2, Honor of Kings, Free Fire, EA Sports FC 24, League of Legends, StarCraft II, Street Fighter 6, Teamfight Tactics, and more are included in this Esports festival. The best teams and athletes belonging to a particular discipline have been invited and qualified to take part in this upcoming competition from across the world.

With the partnership between the largest broadcasting company and EWC, the gaming experience will be at the next level for both athletes and fans. Earlier this week, the foundation also partnered with Adidas, Nestle’s chocolate brand KitKat, and esports data firm Bayes Esports.

This is a big event in the esports industry as the prize pool for the winner has also increased this year as EWC is funded by the Saudi Arabian government. While the government funds the gaming festival, the competition is facilitated by the ESL FACEIT Group. With all the big names in telecom, ecommerce, and the esports industry joining hands, it will be a treat to watch the tournament as it begins.

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NODWIN is a leading gaming and esports media company and Riot Games is a leading video game publisher that is collaborating with the aim to offer unparalleled Valorant experience to both fans and athletes. Last year they held a publisher-backed esports league, the OMEN Challengers South Asia which was a great success, so this year’s schedule is out. 

Recently, group stages were held from June 4th- 12th, in which 8 VALORANT teams participated and completed to move to playoffs. Among those 8, two teams from each group have advanced to playoffs with their exceptional performance and winning during the matches. Revenant Esports and Velocity Gaming from Group A and True Rippers ANd Orangutan from Group B will now face each other in the playoffs to win a spot in the Valorant Champions Tour (VCT) Ascension.

The teams participating in OMEN Valorant Challengers South Asia Split 2 will not only represent the country in VCT Ascension 2024 in Japan but will also get a prize pool of $130,000. The Co-founder and managing director of NODWIN Gaming, Akshat Rathee, said in his recent interview that they are proud to provide a platform to the Valorant athletes where they can showcase their gaming skills and talents to the world. It is a great opportunity for Indian Esports players to compete with each other and get the best team to represent the country in global tournaments. He also stated that this year’s gaming experience is going to be different and better for both the players and spectators, and they are trying to bring the action closer through multi-city LAN roadshows.

Other than that, the upcoming is expected to have many things up the sleeves that will unfold as the playoffs start. Fans will be able to enjoy innovative content, engaging broadcasts, and much more during the OMEN Valorant Challengers South Asia 2024. The competition is all set to bring an adrenaline rush to fans and athletes alike in the Indian cities with electrifying LAN events, and this is going to be an unforgettable moment for everyone.

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He is the biggest gaming influencer in the Indian gaming industry, as many of his fans and media say about him. He was a footballer before joining the Esports community, where he needed to fit physically, and then he decided to try gaming and focus on his mental health. He meditates to stay calm and play mindfully during the games. 

He has taken a break for around a year from playing PRO but now he will be back to go with the team and play. He even has a YouTube channel where he has more than 4.97 million subscribers with 1.5k videos uploaded on it. 

 In an interview, he said that in India, there are 10% of gamers and in every city, there is one player who doesn’t get the exposure. Everyone has talent but they should know how to use the talent at the right time. He feels very lucky that he was in the right place and that he became a scout at the right time and place.

He further said that in the  Esports gaming, the major change that has come is that the number of opportunities people are getting is insane. At this time, there were not many opportunities given to the players. They have to wait for at least 3-4  months for a tournament to happen, and then they have the chance to showcase the talent to the audience.

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However, the online gaming industry and casinos predicted a revision of the 28% GST rate but did not discuss it on that date. She announced many agendas, and legal advisory still remained due to lack of time. Also, she told reporters that the next meeting will be on a post-budget. 

The union finance ministers are also expected to seek input from state finance ministers on issues such as fertilizer tax exemption, pre-deposit of appeal under the GST tribunal, and others. However, she said there will be another meeting, hopefully in mid- or end-August.  

What Is The Rule Of GST On Real Money Gaming? 

The GST meeting last year implemented 28% on online real-money gaming and casinos, which is equal to the wager amount. However, this decision faced strong criticism from stakeholders in the gaming industry, including investors, developers, and gaming representatives. 

The communication was in writing, and they requested reconsideration of the tax rate’s implementation. They explained that the 50th GST council meeting, held on 11 July 2023, implemented the 28% GST on the online gaming industry, which came into force by October 1. 

With the new guidelines, a flat 28% GST is levied on the total value of bets placed on online games and casinos. The values are said to be applied to games of skill or chance. According to previous data, a total of 18% GST was levied on the specific amount that the platforms charged for skill-based games. 

Several online gaming startups implemented a new tax structure. These include Gameskraft and Dela Corp, where notices regarding tax payments were made in the amount of Rs. 1.12 lakh crore in GST. 

Hopefully, the next meeting will feature a discussion on the provisions of GST law that may require any amendments, and the next can be passed along with the Finance Act. Also, big ban reforms may be taken later, and GST demands on Retrospective claims may be discussed for better GST compliance.

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