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Thursday, 02/09/2023 1:12:35 PM

Thursday, February 09, 2023 1:12:35 PM

Post# of 21796
$GMER ~ GMER in Focus as Crypto and NFT Stocks Rise from the Grave
https://www.wallstreetpr.com/gmer-in-focus-as-crypto-and-nft-stocks-rise-from-the-grave-55540

It’s been a long time in coming, but the technicals suggest that we may have seen a bottom in cryptocurrencies and NFTs.

The brutal bear market that stretched from fall 2021 until late last year was typical for speculative markets – it went on and on until it reached its objective: to destroy the faith of even the most dedicated evangelists and true believers.

It was classic. The FTX trainwreck came after Bitcoin had already declined by 70%, and that final catalyst washed out the rest of the weak hands still clinging to hope into October of last year. That’s a good bottoming process because, quite frankly, who’s left to sell?

Right in step, we have seen a similar turnaround in NFT stocks after perhaps an even more brutal bear market. Many of these stocks lost 80-90% over the past 18 months. But most of them have exploded higher over the past couple months, rallying between 50-100% or more since December.

But one stock with ties to these themes could still be tracking under the radar with big things ahead: Good Gaming, Inc. (OTCQB:GMER), an interactive entertainment targeting a leadership position in the evolution of gaming from traditional gaming to creating digital playgrounds across a vast array of interconnected platforms.

GMER Up Close

The company has its roots as a collaborative space for gamers to share their knowledge as a community. This led to expansion a few years ago to include multiple Minecraft servers with some of the most popular versions of Prison and SkyBlock. That led to the development of the company’s own completely custom-developed NFT blockchain game, MicroBuddies™, last year.

GMER shares have started to heat up over the past couple of weeks, and that momentum could continue with this week’s big news: the company just announced the launch of its first “Extreme” branded game, “Mob Wars,” for advanced players and its plans to initiate a comprehensive and strategic marketing campaign across several social media platforms to attract players as Minecraft and Roblox continue to experience exponential growth going into 2023.

According to its release, the company is set to launch the first of a new series of Good Gaming Roblox games that address the need for more challenging games for Roblox players. Extreme games will feature more significant challenges along with corresponding achievements and rewards. Initially launching on the Roblox gaming platform, these games will require significant determination, stamina, and perseverance to complete. Players will experience high levels of competitiveness and challenges. If they persevere, they will be rewarded with unique items that provide recognition and status for all to see and admire.

GMER’s release also noted that additional “Extreme” branded games will be released throughout 2023.

Mob Wars, currently in its beta phase and slated for a February 17, 2023 release, will feature the company’s popular Microbuddies™ characters and launch with two initial Microbuddies™ branded worlds with eight more worlds to be introduced over time. Players will need to complete each of the previous worlds to unlock and play new worlds.

It should also be noted that, to complement this new gameplay series, Good Gaming plans to launch a comprehensive marketing campaign across Facebook, Instagram, TikTok, Twitter, YouTube, and other platforms to raise awareness and attract new players to their games. Campaigns will include creative content such as tips and tricks videos, trailers, social media-fueled challenges, and playthroughs featuring platform-specific influencers.

That type of announcement tends to be good news for OTC stocks because they generally live under the radar and turning up the spotlight can sharply expand the pool of potential investors

Minecraft and Roblox

As the company points out in its release, the online gaming industry has experienced incredible growth in recent years, with millions of players logging in daily to enjoy the latest games and platforms. Leading the charge are two of the biggest names in the industry: Minecraft and Roblox.

Minecraft, the beloved sandbox-style game, has seen a surge in popularity since its launch in 2011. With over 126 million monthly active users, the game has become one of the most popular worldwide. In 2020, the game saw an increase of approximately 50 million users since 2017 and generated over $1 billion in revenue, an increase of over 25% from the previous year.

Similarly, Roblox, a game that allows players to create and play games within the platform, has seen remarkable success. With over 116 million monthly active users, the platform has become a hub for creative expression. In 2020, Roblox saw an increase of approximately 40 million users since 2017, and the company was valued at over $38 billion, an increase of over 1000% from its valuation in 2018.

David Sterling, COO of Good Gaming, stated, “After thoughtful consideration, we have identified an untapped potential for more advanced levels of play for experienced gamers on Minecraft and Roblox platforms. The growth of these platforms reflects the growing demand for online gaming experiences and the increasing desire for platforms that offer users the unique ability to create and play games in their own virtual worlds. Good Gaming’s Extreme games on the Minecraft and Roblox platforms will provide endless entertainment, allowing players to experience more challenging gameplay and adventures, build and connect with large communities, and create new, even more exciting memories.”

Sterling also commented on the company’s plans to step up its brand awareness: “We are pleased to announce the initiation of a strategic multiprong marketing campaign across several social media platforms to bring attention to our already existing games and new games planned in 2023 to attract new players to our unique brand of high-quality online games.”
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