KRAFTON India’s Post

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[KH Explains] [India: Make-or-break market for Krafton] Over 560 million Indian gamers emerge as high-spending users South Korean game developer KRAFTON Inc. logged surprise earnings in the fourth quarter of last year thanks to the revival of PUBG: Battlegrounds, a battle royale shooter game. In particular, Kratfon highlighted the rise of Battlegrounds Mobile India, or BGMI, as one of the key factors that drove the revenue upturn during the conference call on Feb. 8. BGMI was launched in India as a country-dedicated mobile version of PUBG in July 2021. The game developer said that BGMI quickly recovered after the gaming services resumed in May following an almost 10-month hiatus in the local market and posted its best monthly sales in December. Noting that such performances show the ongoing growth of PUBG’s intellectual property, Krafton underlined the potential to expand its businesses and portfolio in the Indian market. Golden goose on edge Although Krafton did not disclose the exact figures for the sales of BGMI, the shooter’s revival is assumed to have greatly impacted the upturn. All-out efforts For the fourth quarter’s conference call, KRAFTON Inc. dedicated one page of its presentation material to the future of the Indian market as one of the company’s key initiatives. Burgeoning game market According to a report by Lumikai, India’s gaming and interactive media fund, the Indian gaming industry saw $3.1 billion in revenue in 2023. The report, which was made in collaboration with 구글, predicted that the Indian gaming market is expected to more than double to hit $7.5 billion by 2028 with growing in-app purchases and in-game ad revenues. Tap below to read full story. #Krafton #game #gameindustry #PUBG #Battlegrounds #BGMI #BattlegroundsMobileIndia #revenue #India #SouthKorea https://lnkd.in/gdEVbPYM

#Day:7 #learnwithme **Exploring the Different Types of Jackpots in Slot Games** Let's unravel the thrilling world of slot game jackpots! From tantalizing fixed prizes to life-changing progressives, each jackpot type offers its own unique thrill. Dive in with us as we dissect the various types of jackpots you'll encounter while spinning the reels: 1. **Fixed Jackpots:** - **Definition:** These jackpots offer a set, unchanging prize amount that remains constant regardless of gameplay. - **Characteristics:** Fixed jackpots are typically smaller but come with higher odds of winning since the prize amount doesn't fluctuate. - **Examples:** Classic slot machines often feature fixed jackpots with specific symbols triggering the payout. 2. **Progressive Jackpots:** - **Definition:** These dynamic prizes increase incrementally with each bet placed until someone wins the jackpot. - **Characteristics:** Progressive jackpots can swell to astronomical sums, often reaching millions of dollars, making them highly sought after. - **Examples:** Mega Moolah's Mega Jackpot and Mega Fortune's Mega Jackpot are renowned for their massive payouts. 3. **Local Jackpots:** - **Definition:** Local jackpots are confined to a single machine or casino and are not linked to a broader network. - **Characteristics:** While smaller in scale, local jackpots still offer substantial rewards and are exclusive to players at that specific venue. - **Examples:** Many land-based and online casinos offer slot games with local jackpots, enticing players with localized prizes. 4. **Networked Jackpots:** - **Definition:** These jackpots are interconnected across multiple machines or casinos, pooling together wagers from a vast player base. - **Characteristics:** Networked jackpots boast immense prize pools, often spanning various locations and platforms. - **Examples:** Wide-area progressive networks like IGT's Megabucks link machines from different casinos, resulting in colossal jackpots. 5. **Must-Drop Jackpots:** - **Definition:** Must-drop jackpots come with a ticking clock or trigger point, guaranteeing a win within a specified timeframe or when reaching a set value. - **Characteristics:** These jackpots inject urgency into gameplay, offering players the chance to snag a significant prize before time runs out. - **Examples:** Daily, hourly, or Must-Go Jackpots featured in online slots promise thrilling, time-sensitive wins. Whether you're vying for a modest yet reliable fixed jackpot or aiming for the sky-high riches of a progressive, understanding the nuances of each jackpot type adds depth to your slot gaming experience. Keep your eyes peeled for these jackpot variations on your next spin and see if you can strike it lucky! 🎰💰

Looking to download the latest version of BGMI? TapTap is your one-stop solution. Visit our website and read the full blog to learn more. https://lnkd.in/gZB_jcvs #BGMI #BattlegroundsMobileIndia #TapTap #DownloadGuide #GamingTips #MobileGaming #AndroidGames #OnlineGaming #GamingCommunity #GameDownload #TrendToReview #GamingTrends #MobileGamingGuide #GamingUpdates #GameReviews #GameNews #TechTips #GamingHacks

New Level of Everyday Rewards with Fetch Play! 🏆 Fetch has always been about rewarding the everyday, and with adjoe's partnership, they’ve taken that to a whole new level. Fetch Play has infused gaming into the daily rewards, engaging users in an ecosystem where their time spent playing is time spent earning. 🎮 We're not just adding a feature to Fetch; it’s a new standard for how loyalty programs can entertain, engage, and retain users with the universal appeal of gaming. Stay tuned, stay in touch, and see how your app can adopt the power of mobile gaming too! Wes Schroll #Playtime #FetchPlay #MobileGrowth

SuperGaming, a prominent player in the gaming industry, has once again captured the attention of enthusiasts and gamers alike with its latest announcement. In a move that underscores both innovation and localization, SuperGaming has launched 'Indus,' a Made-In-India Battle Royale game, into beta testing exclusively for Android users. The unveiling of 'Indus' marks a significant milestone for SuperGaming and the Indian gaming community as a whole. With the meteoric rise of Battle Royale games globally, the introduction of an indigenous contender into this competitive landscape not only showcases the prowess of Indian game developers but also caters to the burgeoning demand for homegrown gaming experiences. #IndusBeta #MadeInIndia #SuperGaming #BattleRoyale #GamingMilestone #IndigenousGaming #IndusGaming #BetaTesting #AndroidExclusive #IndianGaming #GameDev #Innovation #Localization #GamingCommunity #IndieGame #GamingExperience

How #AFKJourney Reached $110 Million in Revenue and Counting💰 AFK Journey, a sequel to the popular AFK Arena, has taken the mobile gaming world by storm, hitting impressive milestones just months after its global release in August 2024. 📍 Here are some key facts about the rapid success of the game: ⏺ Published by Farlight Games, AFK Journey has reached over 2 million downloads, with 🇨🇳 and the 🇺🇸 leading the charge. ⏺ The game generated over $110 million in worldwide revenue. ⏺ Boasting a 4.8 ⭐ rating on the App Store, AFK Journey stands out for its performance and player satisfaction. ⏺ RpD globally is $9.19, with a notable $13.2 in Tier 1 East and $12.71 in Tier 1 West. ⏺ The game's strategic gacha-based monetization strategy has fueled its success across multiple markets. ⏺ For the Asian launch, the publisher advertised heavily on YouTube, becoming the top game by SOV in key markets 🎙 Want to know more about how AFK Journey became a top earner in such a short time? Check out the full article 👉 https://lnkd.in/diMYjTmK

BGMI/PUBG: The Freemium Business Model Case Study 🆓💰 What is freemium? Simply put, it's a pricing strategy where a basic product is provided free of charge (free) but money is charged for additional features or services (premium).   Think of games like PUBG where the base game is completely free to download and play, and it offers engaging battle royale gameplay to attract a huge player base. - Players can purchase cosmetic items like character and weapon skins - There are also Battle Passes with exclusive rewards available for purchase - Some items are sold in "loot boxes" or "crates" with randomized contents   This freemium strategy has been extremely successful for PUBG: ✅ Over 1 billion total downloads since launch in 2018 ✅ Close to $8.5 billion in revenue ✅ Majority of revenue comes from a small % of players making in-app purchases   The game's secret sauce is providing a compelling free experience that makes a small % of players want to spend on cosmetics and exclusive content. No pay-to-win here.   However, freemium does have some potential drawbacks: ❌ High player numbers mean high server costs ❌ Most players will never spend any money ❌ Constant need for new cosmetics to keep sales up   Despite the challenges, PUBG shows how a well-executed freemium strategy can drive massive success. Freemium can be a powerful model, but requires careful design and balance to succeed. Not every game or app is suited for it. But when done right, it can enable incredible growth and revenues.   #BGMI #gaming #businessinsights

🚀 Exciting News About JioGames! 🎮 JioGames is thrilled to announce a new partnership with Google’s GameSnacks, bringing an incredible portfolio of gaming titles to our platform! 🌟 Starting today, JioGames users can access a wide variety of free HTML5 games like Daily Sudoku, Om Nom Run, and Traffic Tom. Whether you're on the JioGames app or Jio set-top boxes, the fun is just a tap away! 📲 Enjoy these games on: - JioGames app (Android) - JioGames mini apps on MyJio and JioTV - Jio set-top boxes And that's not all! We're committed to keeping the excitement going with new games added weekly on the JioGames Android app, with plans to launch them on Jio STBs soon. Plus, stay tuned for the upcoming JioGames+, where you'll be able to download games directly to your Android devices. GameSnacks' lightweight, instantly loading games are perfect for low-memory devices, ensuring everyone can join in the fun. Get ready to elevate your gaming experience with JioGames and Google GameSnacks! 🎉 #JioGames #GameSnacks #Gaming #TechInnovation #FreeGames #MobileGaming #TechyTuesday #ITMBusinessSchool #ESMEducation #PS2024