GAMING LIVE ANNOUNCES AN ALTERNATIVE TO TWITCH.
25.03.2014, Dubai, UAE – Gaming Live, a European online video platform, has today announced an exciting innovation set to add new dimensions to the Gaming Industry. It allows amateur and professional gamers, gaming companies and other game enthusiasts to broadcast video games, eSports and related content. It allows them to monetize their activities effectively in the world of growing demand for high quality video content, which is the fastest medium of news and entertainment. Gaming Live is here to meet that demand and turn it to their user’s advantage.
The video game streaming startup recently got accepted at Dubai’s TURN8 Accelerator, sponsored by DP World – a leader in international marine terminal operations. The program comes with a seed fund of USD30,000, business development mentoring and networking opportunities.
Gaming Live will use the seed investment to create and launch the platform in the market. Marek Tuchalski, Chief Technology Officer of the company said: “ The video platform is created using the highest quality standards on the emerging technologies. This will allow Gaming Live to optimize costs and lower the potential risk associated with the costs related to streaming traffic consumption. Nowadays UX is very important, especially in the gaming world. This is why we are creating an easy to use web application, which will energize our community.”
Gaming Live’s main goal is to create the platform where video game enthusiasts, gamers, content producers and companies that exist on gaming market will be able to provide live-streaming and video on-demand, and will be able to monetize their activities in a fair revenue share model through real-time advertising, pay-per-view, subscription model and more.
The company will focus as well on licensing crucial events for the gaming industry and eSports communities, in order to aggregate high quality content in one place. Gaming Live will be available at almost every modern platform with Internet access, including: PCs, Consoles, Mobile Devices, Smart TV, HbbTV and more.
Chief Operating Officer Krystian Berg, commenting on the potential market demand says: “ Gaming Live will be something that our target group expects from a video streaming platform of the future. We aim to be the fastest interactive medium of news and entertainment in gaming industry. Solutions introduced by our company will not only be interesting for the gaming fans but also the companies and content producers, who will have tools to interact with gamers and reach them effectively like never before, as they are one of the hardest group to be reached by the advertisers world-wide.”
Gaming Live has already signed Letters of Intent with large companies from the gaming industry, content producers and advertising networks. The company is looking to raise 1,000,000 USD in their first round of investment and is expecting to demo their platform in the beginning of June, 2014.
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