KENNETT SQUARE, Pa., Sept. 25, 2024 (GLOBE NEWSWIRE) -- Good Gaming Inc. (OTCQB: GMER), an innovative brand creating unique interactive entertainment experiences since 2008, is pleased to release its latest shareholder update from its CEO David B. Dorwart.
Today, I reach out to you filled with optimism and enthusiasm for the future of Good Gaming Inc. Over the past few years, we have navigated a landscape fraught with challenges and encountered obstacles in the ever-evolving gaming and NFT markets. Yet, I firmly believe that adversity often paves the way for opportunity. With this mindset, we embrace the lessons learned and emerge with more inspiration and determination than ever before.
As the legendary game designer Shigeru Miyamoto famously stated, "If you don't make mistakes, you're not trying hard enough." We have embraced this philosophy wholeheartedly. Our journey has taught us that our true strengths lie in identifying and nurturing successful mobile games found globally rather than developing them from the ground up. We recognize through trial and error that partnering with third-party game developers from various countries to create competing quality games against industry giants is not the most effective path forward and will never be where we make our mark on the industry. However, our challenges have helped to unveil new exciting opportunities.
Recently, we assembled our brightest and most talented employees and consultants for an inspiring three-day "Think Tank" session, dedicated to charting a dynamic path forward for Good Gaming. Together, we explored a wide array of opportunities and developed targeted problem-solving metrics aligned with our specific objectives. This collaboration has bolstered our confidence in providing innovative services in a sector where game developers' demand greatly surpasses existing companies' capacity to meet their needs. We are determined to harness this unique position to achieve the scaling and growth necessary for game development companies to sustainable success. A cornerstone of our future will be our partnership with ViaOne subsidiaries, enTouch Wireless and Assist Wireless. Their expertise in cellular communications will be invaluable to us, offering crucial support in marketing and the pre-loading distribution of cellular devices that feature popular and well-established play-to-earn games in both Web2 and Web3 markets. Looking ahead, we have made a strategic decision to shift our focus from game development to the marketing and distribution of recognized global mobile games that aim to elevate their presence and engage players in the U.S. market. This is more than a mere shift in strategy; it represents a bold leap toward a promising future. We are prepared to embrace the opportunities that have been identified and are on the horizon.
The mobile app gaming industry has witnessed remarkable growth in recent years, particularly in the Web2 and Web3 domains. According to Statista, the global mobile gaming market is projected to reach an astounding $432 billion, with an estimated 1.9 billion gamers by 2028. This presents an unparalleled opportunity for Good Gaming Inc. to harness the rising demand for play-to-earn mobile app games.
It should be noted, our parent company, ViaOne Services, has demonstrated unwavering commitment to our success through substantial loans exceeding $2 million in Good Gaming Inc. Their decision to convert debt into equity by purchasing preferred shares, thereby turning the debt into an investment, reinforces their belief in our potential and willingness to take risks alongside our shareholders. The successes of ViaOne's other six brands stand as a testament to their ability to identify and nurture promising ventures, and we expect Good Gaming to follow suit.
In conclusion, I am confident that Good Gaming Inc. is on the brink of an exciting future. By learning from our past experiences, focusing on our core strengths, and leveraging current and future global partnerships, we will take control of our destiny and are well-positioned to seize the incredible opportunities that lie ahead in the mobile gaming market.
Thank you for your continued support and look for future announcements regarding additional strategic partnerships that will help to solidify our success going forward.
For more information about Good Gaming, please visit our website:
For more information about ViaOne Services:
https://www.viaoneservices.com
Safe Harbor: This release contains statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements appear in a number of places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of Good Gaming Inc., its directors or its officers with respect to, among other things: (i) financing plans; (ii) trends affecting its financial condition or results of operations; (iii) growth strategy and operating strategy. The words "may," "would," "will," "expect," "estimate," "can," "believe," "potential," and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond Good Gaming Inc.'s ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. More information about the potential factors that could affect the business and financial results is and will be included in Good Gaming, Inc.'s filings with the Securities and Exchange Commission, including those set forth as "Risk Factors" in such filings.
Investor Contact: Joseph M. Vazquez III
Phone: (888) 245-3005
Email: infinityglobalconsulting@gmail.com
