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Circle of Games launches its web3 platform at the Global Game Show in Dubai, merging blockchain with casual games.
Dubai, UAE – Circle of Games (COG), a pioneer in the multi-gaming space, officially unveiled its web3 platform during the prestigious Global Game Show at the Grand Hyatt Exhibition Center in Dubai. The platform, backed by industry heavyweights such as Nazara Technologies, The Hashgraph Group, Chingari, and XDC Ventures, combines blockchain technology with casual gaming, heralding a new chapter in the evolution of the world of the game.
A jump in the game
COG’s new platform is designed to redefine the casual gaming experience by integrating blockchain features into an intuitive and engaging format. Yat Siu, president of Animoca Brands, a key proponent of blockchain-based gaming, praised the advancement.
He highlighted COG’s ability to connect the traditional gaming ecosystem with the decentralized potential of web3. Animoca Brands, renowned for its investments in blockchain projects and gaming companies, continues to play a pivotal role in supporting creativity in the gaming industry.
Gaming meets blockchain: A seamless experience
The platform debuted with six casual and hyper-casual games, including Ludo-Classic, Bubble Shooter, Chess and Fruit Slash. Live demonstrations show how the user-friendly design removes the complexity of blockchain for players unfamiliar with the technology, offering a seamless transition into Web3 gameplay. COG plans to expand its library to more than ten games by Q1 2025, ensuring diverse and interesting options for its growing user base.
Strategic partnerships with prominent industry players have already positioned COG as a formidable contender in the casual gaming space. Currently, the platform boasts 500,000 active users, mainly on the Hedera blockchain, and aims to reach 25 million users worldwide by the end of 2025, with an ambitious goal of 100 million users by in 2027.
The rise of gambling: a global phenomenon
Gaming has emerged as a dominant cultural and economic force, with casual games leading the charge as a gateway for new audiences. Blockchain integration is poised to change this landscape, offering players unique ownership experiences and enhanced security. Platforms like COG capitalize on this trend by combining accessible gaming with uniaue technology, ensuring that casual gamers are not left behind in the web3 evolution.
Expansion in the MENA region
With its Dubai launch as a starting point, Circle of Games sees robust expansion in the MENA region. Plans are underway to establish a stronghold in the United Arab Emirates by the end of 2024, followed by deployments in Saudi Arabia, Kuwait, Bahrain, Turkey, Egypt and Morocco. Leveraging a localized approach, COG anticipates capturing 7.5 million users in the region by 2025, scaling to 25 million by 2027.
The leadership vision
Rabilal Thapa, CEO and Co-Founder of Circle of Games, expressed his commitment to transforming casual gaming:
“Our vision is to create a platform where blockchain technology increases accessibility and engagement, allowing millions to explore the potential of the web3. The MENA region represents a basis of our global growth strategy.”
Collaboration and future opportunities
The event concluded with a vibrant networking session, bringing together gaming, blockchain and venture capital leaders. Discussions focused on web3’s transformative role in casual gaming and its potential to redefine industry norms.
As gaming continues to ascend as a global entertainment powerhouse, platforms like Circle of Games are at the forefront, pioneering solutions that meet the evolving demands of gamers and technology enthusiasts.
The event concluded with a vibrant networking session, bringing together gaming, blockchain and venture capital leaders. Discussions focused on web3’s transformative role in casual gaming and its potential to redefine industry norms.
As gaming continues to ascend as a global entertainment powerhouse, platforms like Circle of Games are at the forefront, pioneering solutions that meet the evolving demands of gamers and technology enthusiasts.
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