Pixel and Concordium Bring Insurance Policy to Web 3.0 Gaming

  • Apelby Communications is a wholesale supplier of telecommunications products and services whose customers include the world’s leading telecommunications operators.
  • Swarmio and Apelby have entered into a revenue sharing agreement whereby Apelby will distribute Swarmio’s Ember gaming and esports platform to its telecom customers in Europe , Africa and LATAM.
  • Swarmio’s Ember platform enables game publishers and developers to reach, engage and monetize the 2 billion gamers of Asia , Africa the Middle East and Latin America , where credit card penetration is relatively low and access to bank accounts is limited. By partnering with telecommunications carriers, Swarmio enables players to purchase in-game items using payment channels such as digital wallets and direct carrier billing (DCB).

Swarmio Media Holdings Inc. (CSE: SWRM) (OTC: SWMIF) (GR: U5U) (“Swarmio” or “the Company”), a technology company focused on the global deployment of its proprietary gaming and entertainment platform. esports, announces that it has entered into a revenue sharing agreement (the “Agreement”) with Apelby Communications (“Apelby”), a wholesale supplier of telecommunications products and services to major telecommunications operators across Europe , Africa and LATAM.

Under the agreement, Apelby will distribute Swarmio’s Ember gaming and esports platform to its telecom customers by Europe , Africa and LATAM, to sell to their own customers. Ember subscribers will have access to an ultra-low latency gaming experience, competitive challenges and tournaments, exclusive game content, managed communities, gamification and points system, online store (Swarmio Store) and an electronic wallet (Swarmio Pay). Swarmio, Apelby and the telecommunications company will share all revenue generated from the platform’s multiple monetization channels, which include monthly subscription fees, payment processing fees and fees from in-game purchases.

Emile Kovac CEO and Co-Founder of Apelby, said, “Having validated Swarmio’s Ember platform, and knowing that our telecom customers and partners are looking for ways to engage with the vast and growing populations of gamers who are already online in the regions they serve, we are confident that offering Ember to our customers and partners will provide them with a unique new solution to monetize and retain their customers. We are excited to invest in Swarmio and look forward to seeing what the future holds for us by participating in the launch of Ember in new international markets.”

Vijai Karthigesu CEO of Swarmio, said: “The conclusion of this agreement with Apelby Communications provides another step to our continued growth in key gaming markets. We welcome Apelby’s vote of confidence in our strategy to create a hub global online gaming and esports industry through strategic telecommunications partnerships, and we look forward to working closely with them as we continue to launch the Ember platform in new markets around the world. »

As Swarmio continues its global expansion, it expects Africa and Latin America will be key markets. In Latin America Which one is the fastest growing gaming market in the world approximately 70% of the population currently remains unbanked or underbanked. In Africa where the player population has more than doubled in the last 5 years largely due to the proliferation of smartphones (sub-Saharan Africa is the fastest growing mobile phone market ), approximately 57% of the population does not have any form of bank account.

Swarmio deploys its Ember platform to customers around the world through its telecommunications partners. To date, Swarmio has successfully launched its platform to some of the largest telecom operators in the Asia and North Africa including Ooredoo in Tunisia (launched under the brand Ooredoo EZ – Powered by Ember), Globe Telecom in The Philippines (launched under the brand name Globe Gamer Grounds – Powered by Ember) and Sri Lanka Telecom (SLT Esports – Powered by Ember). Swarmio strategically targets key markets where internet usage and gaming activity are growing rapidly and where populations do not have access to traditional bank accounts or credit cards.

About Apelby Communications

Apelby is a global ICT provider of a wide range of telecommunications services, including carrier-to-carrier voice services and outsourcing services for retail customers, technology and ICT solutions. Since its inception in 2005, Apelby has managed to grow both in terms of revenue and key business products while being able to expand its presence in important regions and acquire a significant client portfolio. To learn more about Apelby Communications, please visit their website .

About Swarmio Media

Swarmio Media (CSE: SWRM; OTC: SWMIF; GR: U5U) is a technology company focused on deploying its proprietary end-to-end gaming and esports platform, Ember, which enables telecom operators to monetize their gaming clients. Swarmio has engaged with several telecom carriers who have launched Ember as an add-on service, allowing subscribers to access tournaments, engage in a localized gaming community, challenge friends and influencers, and earn points that can be used to purchase in-game content. Ember is powered by Swarmio’s patented Latency-Optimized Edge Cloud (‘LEC’) technology, which reduces lag and allows gamers to enjoy an optimized gaming experience .

About Ember by Swarmio

Swarmio’s fully managed plug-and-play Ember platform can be quickly and seamlessly integrated with major telecom operations, enabling telecom operators to engage and monetize gaming subscribers and gain immediate access and significant to 200 billion US dollars game market.

Ember provides a proprietary digital hub for gaming communities, allowing gamers access to an ultra-low latency gaming experience, competitive challenges and tournaments, exclusive gaming content, managed communities, a gamification and points system, an online store (Swarmio Store), an e-gamer wallet (Swarmio Pay) and personalized digital content.

For more information, please visit:
Swarmio Investor Website ( https://swarmio.media/investors )
Swarmio on LinkedIn ( https://www.linkedin.com/company/swarmiomedia )
Swarmio on Twitter ( https://twitter.com/SwarmioMedia )

Caution Regarding Forward-Looking Statements

The information contained in this press release may imply forward-looking statements under applicable securities laws. Forward-looking statements are statements that relate to future and not past events. In this context, forward-looking statements often address expected future business and financial performance and often contain words such as “anticipate”, “believe”, “plan”, “estimate”, “expect” and “have the intention”, statements that an action or event “may”, “could”, “could”, “should” or “will” be taken or occur, or other similar expressions. All statements, other than statements of historical fact, included herein, including without limitation: statements about the company’s growth, the company’s ability to take advantage of the major global opportunity on the gaming and esports market, the anticipated benefits to the Company’s partners and their customers from the use of the Company’s products, ongoing discussions with potential new customers or partners, and the possibility that such discussions may lead to contracts or additional revenue for the Company, the Company’s future plans, goals and expectations, including, but not limited to, the Company’s continued ability to enter into agreements to deploy its products with companies international telecommunications companies and game publishers and its ability to monetize these deals by generating SaaS-based revenue are forward-looking statements. see. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements, or other future events, to differ materially from the results, performance or future achievements expressed or implied by such forward-looking statements. These factors include, among others, the risks identified in the Company’s detailed prospectus dated November 10, 2021 (accessible via the Company’s profile on www.sedar.com ). Forward-looking statements are made based on the beliefs, estimates and opinions of management as of the date the statements are made and the respective companies undertake no obligation to update the forward-looking statements if such beliefs, estimates and opinions or other circumstances were to change, unless necessary. by applicable securities laws. Investors are cautioned against attributing undue certainty to forward-looking statements.

SOURCESwarmio Media Holdings Inc.

Quote View original content to download multimedia: http://www.newswire.ca/en/releases/archive/September2022/12/c0786.html

About Bernard Kraft

Check Also

The management of the duo Nono + Rodrigo signs with Partizan

Directing duo Nono Ayuso and Rodrigo Inada, known professionally as Nono + Rodrigo, have signed …