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This is expected to accelerate Glance’s ambition of building the biggest platform for NFT-based live gaming experiences for Gen-Z<\/a>, across markets. The acquisition brings together Glance’s scale and lock screen centric innovation with Gambit’s expertise and understanding of the gaming ecosystem, Glance said in a press statement.
In the coming quarters, Glance also plans to launch NFTs in live gaming. This will potentially enable creators, streamers and developers to monetise through assets and NFT-based game creation, while giving gamers unique experiences, the statement added.
Piyush Shah, co-founder, InMobi Group and president and chief operating officer, Glance, said, “Gaming is the most exciting content category across the world today and Gen-Z spends more time on gaming than on any other activity online. Giving users live, connected, interactive gaming experiences on the lock screen is key to Glance’s vision of building the world’s largest live internet platform. We also aim to launch creator-led NFTs for live gaming which will generate unique 'play-to-earn' and 'play-to-own' possibilities for the entire gaming ecosystem.\"
Yashashvi Takallapalli, co-founder and chief executive officer, Gambit, said, “We have already started seeing great traction for live gaming on Glance. For instance, over 10 million users watch live game streams on Glance every week now. With Glance and Gambit’s combined strengths and our belief that there is a game for every person, we envision doubling the number of monthly active gamers on Glance Games<\/a> in the next year.”