Close Menu
FintechLinkage
    What's Hot

    Why Is PEPE Price Up 50% Today? | FintechLinkage

    Why did Google face backlash against Gemini AI in India and the world? | Tech News

    Paytm exhibits volatility day after Vijay Shekhar Sharma exits PPBL board | News on Markets – Business Standard

    Trending
    • Why Is PEPE Price Up 50% Today? | FintechLinkage
    • Why did Google face backlash against Gemini AI in India and the world? | Tech News
    • Paytm exhibits volatility day after Vijay Shekhar Sharma exits PPBL board | News on Markets – Business Standard
    • US Woman Claims She Was Tricked, Kidnapped By Uber Driver: "Woke Up Naked"
    • Scientist’s “Dance Your PhD” Win Celebrates Kangaroos, Drag Queens & Cultural Fusion
    • Exclusive: Enkrypt raises seed round to create a ‘control layer’ for generative AI safety
    • Stardew Valley is adding some fresh game content in March
    • Why Did The Bitcoin Price Rise Above $57,000 Today? | FintechLinkage
    • About
    • Contact
    • Terms
    • Privacy
    • Advertise
    • Top News
    • Finance
      1. Personal Finance
      2. SME & Startups
      3. Crypto
      4. View All

      Senior Citizen Savings Scheme mop-up spikes over two times: Report

      SEBI directs asset managers to disclose more risks about small, mid-cap funds

      NPS scheme: Why pension fund doesn’t invest in mid-cap and small-cap companies

      Should I pay income tax on money received from my father?

      Startups are the backbone of new India, it’s our time under the sun: Goyal | Start Ups – Business Standard

      Diversity in India’s ecosystem aids Razorpay’s global forays, says CFO | Start Ups – Business Standard

      Flipkart launches fourth grocery fulfilment centre in West Bengal | Start Ups – Business Standard

      Blume Ventures invests $10 million in edtech firm Interview Kickstart | Start Ups – Business Standard

      Why Is PEPE Price Up 50% Today? | FintechLinkage

      Why Did The Bitcoin Price Rise Above $57,000 Today? | FintechLinkage

      Starknet TVL Balloons Nearly 200% In Single Week – What’s Brewing For STRK?

      Beware Of Fake News: Ripple Isn’t Sued Again Over XRP Sales

      Why Is PEPE Price Up 50% Today? | FintechLinkage

      Paytm exhibits volatility day after Vijay Shekhar Sharma exits PPBL board | News on Markets – Business Standard

      Why Did The Bitcoin Price Rise Above $57,000 Today? | FintechLinkage

      Senior Citizen Savings Scheme mop-up spikes over two times: Report

    • Tech
    • Life Style

      Scientist’s “Dance Your PhD” Win Celebrates Kangaroos, Drag Queens & Cultural Fusion

      Man Gets His Girlfriend’s Name Tattooed Inside His Lower Lip, Internet In Disbelief

      Watch: Flight Attendant Sister Surprises Younger Brother Who Joined Same Airlines

      “Follow Someone Home”: Quirky Traffic Signboard In Bengaluru Draws Attention

      “You’re An Indian Now”: South Korean Man Wears Dhoti In Viral Video, Internet Is Impressed

    • International
    • Opinion
      • Editorial
      • Columns
    • Hub
      • Events
      • Podcasts
      • Webinars
      • White Papers
      • Media Release
    Home»Tech

    PlayMakers raises $1.5M for user-generated content for games

    By FintechLinkage Desk Tech No Comments6 Mins Read
    PlayMakers raises $1.5M for user-generated content for games
    Share
    Facebook Twitter LinkedIn Pinterest Email Telegram WhatsApp

    Credit Source

    VB Extended Logo 40H e1636728813494

    Are you looking to showcase your brand in front of the gaming industry’s top leaders? Learn more about GamesBeat Summit sponsorship opportunities here. 


    PlayMakers has raised $1.5 million in pre-seed funding to boost user-generated content across a wide spectrum of games.

    Founded just a year ago by Ilan Nabeth, Maxime Niankouri, and Costantino Carrega, the PlayMakers team, consisting of former Homa employees, has already marked impressive achievements with a collective 600 million game downloads during their previous roles.

    The pre-seed funding round saw substantial interest from prominent investors, with RockawayX leading the round. Key business angels, including Sébastien Borget, Vincent Hart de Keating and Hugues Ouvard, also participated, contributing to PlayMakers’ vision of transforming gamers into creators.

    PlayMakers envisions empowering players to become content creators through a platform allowing game studios to harness the passion and skills of their community. Users can craft new game assets such as 3D characters, animations, and music, among others. The team has eight people.

    GB Event

    GamesBeat Summit Call for Speakers

    We’re thrilled to open our call for speakers to our flagship event, GamesBeat Summit 2024 hosted in Los Angeles, where we will explore the theme of “Resilience and Adaption”.

    Apply to speak here

    This white-label platform is tailored to each game community’s unique characteristics, facilitating seamless implementation of player-made creations into the game with a single click. Developers can renew gaming experiences with fresh content or monetize the creations, unlocking new revenue streams.

    Nabeth, CEO at PlayMakers, said in a statement, “With the rise of generative AI, more and more players are turning into creators. It’s becoming easier to create valuable content, and players are historically extremely keen to contribute. With PlayMakers, we are supporting small and big game studios to involve their players in the game conception thanks to a dedicated and powerful platform.”

    PlayMakers founders Ilan Nabeth, Constantino Carrega and Maxime Niankouri.

    As the gaming industry embraces the era of user-generated content, PlayMakers positions itself as a company at the forefront. Notable industry players like Epic Games and Krafton have heavily invested in user-generated content, with Fortnite dedicating 40% of its net profits to creators and Krafton allocating a $100 million fund for their creators.

    The funds raised will be strategically deployed to enhance PlayMakers’ toolset and expand the team to support an array of studios eager to collaborate with the company. PlayMakers aspires to become the go-to platform for fostering gaming community involvement, offering an unparalleled experience for gamers and developers alike.

    Martin Kupka of RockawayX said in a statement, “We are convinced that the upcoming wave of web3 games will focus on turning players into creators, and PlayMakers offers the perfect, easy-to-implement solution for developers to collect, curate, and integrate player creations. We already see strong demand from the market and are excited to continue supporting PlayMakers on their journey.”

    Origins

    playmakers
    PlayMakers is a big fan of user-generated content.

    Nabeth said in an interview with GamesBeat that he was one of the first 10 employees at Homa, which went on to raise $150 million to make mobile games. By the time he left, it had grown to 300 people and it had more than 100 million downloads.

    After leaving, he went on to a blockchain gaming venture fund that went on to invest in Sorare, which has been one of the biggest sector success with its non-fungible token (NFT) soccer game.

    “This is where I learned a bit more about blockchain space and interoperability topics,” Nabeth said. “Because we invested in the seed of Sorare, I really wanted to build something a bit more meaningful. I saw that opportunity in the gaming ecosystem.”

    He looked at LiveOps and user-generated content and decided to dive in deep.

    UGC

    The company has a pipeline of 15 game developers that it wants to onboard for its UGC platform. At the beginning of the second quarter, the company will start helping the creators grow their UGC games.

    “We want to involve players in the game creation process,” Nabeth said. “A player can start making new game assets like a new weapon, or new music or animation, image, etc. You will be able to implement it inside the game in order to renew the game experience, or unlock new monetization options.”

    For example, you can decide to sell some of these assets made by the players as cosmetics.

    “From the platform, we guide the players in becoming creators,” he said. “We’ll put different tools and different resources to make it super simple for casual or professional people to make valuable game assets. We involve the community in deciding what content should be part of the game or not. Players can vote on all these contributions, and they decide what should be implemented inside official updates inside the game. And lastly, we check these assets from a technical perspective.”

    Nabeth’s team collects all the incompatibility issues so that the game development studios can implement the content in one click. His team handles all the QA, all the debugging, in an automated way.

    Nabeth wasn’t so familiar with UGC at the outset. But he knew that teams had to constantly add new content to existing games to keep players coming back. He thought that if you simplify the process of creating UGC, then the updates could complement the work done by internal game developers.

    “We can improve the games,” he said.

    As a fan, Nabeth said it would drive him crazy when he created something the community liked but the game developers ignored it.

    “I thought there could be a better way to connect players and use these creations in a smart way in an efficient way. And we want to play as accordingly as well,” Nabeth said. “I knew that frustration as a creator. I know the gaming industry. As an insider in the space, I think there is a big opportunity to help midsize game development studios in leveraging UGC. It shouldn’t go exclusivity only for Fortnite or Minecraft. And this is what we’re trying to do with PlayMakers and making UGC accessible for anyone.”

    Borget at The Sandbox is one of the investors and he’s a strong believer in UGC. Such investors are encouraging PlayMakers to expand its reach to different platforms. To distinguish itself from big UGC platforms like Minecraft, Fortnite and Roblox, PlayMakers is enabling anyone to contribute to a game with a tool of their choosing. The firm will also work with smaller developers with niche games.

    Nabeth believe that generative AI will help with the creation of UGC in the long run.

    Revenue split

    playmakers 2
    PlayMakers is focused on the U.S. and Eastern European creators at the outset.

    Nabeth said that about 70% of the revenues associated with the UGC will go to the studio, while 30% will go to PlayMakers and the creator.

    So, usually there is approximately 70% of the revenue going to this to do basic business remaining is bringing between meeting the creator and playmakers.

    The company is onboarding three companies with three games to leverage the platform. Nabeth said PlayMakers is focused on Eastern Europe and the U.S. markets first.



    Read Full Article

    NDTV
    FintechLinkage Desk

    Keep Reading

    Why did Google face backlash against Gemini AI in India and the world? | Tech News

    US Woman Claims She Was Tricked, Kidnapped By Uber Driver: "Woke Up Naked"

    Scientist’s “Dance Your PhD” Win Celebrates Kangaroos, Drag Queens & Cultural Fusion

    Exclusive: Enkrypt raises seed round to create a ‘control layer’ for generative AI safety

    Stardew Valley is adding some fresh game content in March

    "Give Michelin Star": Zuckerberg's Big Praises For This Fast Food Joint

    Add A Comment

    Leave A Reply Cancel Reply

    More From this Category

    Why Is PEPE Price Up 50% Today? | FintechLinkage

    Why did Google face backlash against Gemini AI in India and the world? | Tech News

    Paytm exhibits volatility day after Vijay Shekhar Sharma exits PPBL board | News on Markets – Business Standard

    US Woman Claims She Was Tricked, Kidnapped By Uber Driver: "Woke Up Naked"

    Latest Posts

    Why Is PEPE Price Up 50% Today? | FintechLinkage

    Why did Google face backlash against Gemini AI in India and the world? | Tech News

    Paytm exhibits volatility day after Vijay Shekhar Sharma exits PPBL board | News on Markets – Business Standard

    Subscribe to News

    Meaningful Byte Sized Finance and Tech News!

    Advertisement

    FintechLinkage is a diversified media company filling gaps in knowledge, connections and inspiration to the FinTech industry, creating a link between traditional finance and the future technology.

    We reach unique banking, fintech and investment scoop through our diverse portfolio of News, Events, Podcasts, Webinars, Whitepapers and more.

    Facebook X (Twitter) Pinterest
    Company
    • About
    • Contact
    • Terms
    • Privacy
    • Advertise
    • On Google News
    Hub
    • News
    • Events
    • Podcasts
    • Webinars
    • White Papers
    • Press Release

    Subscribe to Updates

    Get the latest content on Business, Finance, Tech, and Lifestyle news!

    © 2024 FintechLinkage — The FinTech Hub!

    Type above and press Enter to search. Press Esc to cancel.