7Seas to launch ‘play to earn’ games
7Seas Entertainment Ltd, a city based independent game developer, announced on Thursday that it has stepped up its efforts to adopt the "Play-to-Earn" model, which is emerging as an attractive business model, offering both entertainment and money making platforms for players and companies in the gaming industry. The stock exchange listed company stated that it is all set to release games based on this new model for the next generation in the upcoming season. Discussing the gaming landscape and the company's future plans, L. Maruti Shanker, Managing Director of 7Seas Entertainment Ltd, emphasized that the growth in mobile gaming will be unmatched and exceed expectations. "The potential for growth will be even greater with the advent of 5G, AI, AR, VR, Metaverse, and Blockchain technologies," he said. According to him, India continues to hold the top spot in the mobile gaming market, as mobile phones and smartphones have become the most popular platform for entertainment. - Article