Announcement of Establishment of CA GameFi, Inc․ For Developing Blockchain Games in the Global Market

PRESS RELEASE. CA GameFi Inc., (headquartered successful Shibuya-ku, Tokyo, Japan; Taro Yamamoto, Representative Director; hereafter CA GameFi), a subsidiary of CyberAgent Inc. (headquartered successful Shibuya-ku, Tokyo, Japan; Makoto Fujita, Representative Director; listed connected the TSE’s archetypal section, Stock Code 4751; hereafter CyberAgent), present announces the constitution of the institution to tally blockchain crippled concern connected March 23th, 2022.

CA GamesFi was established to merchandise blockchain games to the planetary market, including Asia and the United States, by leveraging CyberAgent’s spot accumulated done the improvement of its large crippled titles. The above-mentioned blockchain games see their titles and games whose IP are held by different companies.

Background and Purpose of Establishment

In caller years, GameFi has been attracting attraction successful the market. GameFi, a word coined by combining “Game” and “Finance”, refers to a crippled that integrates NFT and cryptocurrencies based connected blockchain technology.

Unlike the accepted mode of enjoying games conscionable arsenic entertainment, GameFi is designed to supply the full ecosystem done characters and items whose originality and rarity are guaranteed by blockchain. These characters and objects person plus worth and are sometimes traded successful a ample amount, particularly successful fashionable games.

Since determination are already mega titles globally with much than 1 cardinal progressive users and cumulative transaction amounts of hundreds of billions of dollars, GameFi is present recognized arsenic a caller increasing marketplace that distinguishes itself from the accepted crippled market.

CyberAgent has grown to 1 of the largest smartphone crippled companies by continuously producing a drawstring of hits with aggregate subsidiaries acquired done the caller large-scale development. CyberAgent volition make blockchain games arsenic a caller concern done CA GameFi by utilizing its know-how, creativity, operational capableness and way records of improvement and cognition of assorted IP-based games. CA GameFi volition people users successful English-speaking regions specified arsenic North America and Asia by providing its titles and antithetic IP-based titles.

CA GameFi aims to make an ecosystem with sustained maturation by providing high-quality games that summation worldwide designation successful the GameFi market.

About CA GameFi, Inc.

Company Name CA GameFi, Inc.

Address 40-1 Udagawa-cho, Shibuya-ku, Tokyo

Established March 23, 2022

Representative President and CEO Yamamoto Taro

Business Blockchain crippled development

Corporate website https://www.cagamefi.co.jp

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