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With the US economy adding a strong 315,000 jobs in August, Web3 gaming platform Gamestar+ is making its own contribution to job market growth.
Recent family game night favorites like “Family Food” and ‘Show It?’ It is brought by a company backed by Steve Harvey. It announced on Friday that it will create several game development operations in the US as part of a strategic investment in Mighty Kingdom, one of the world’s largest mobile game developers.
Following a surge in popularity during the Covid-19 pandemic, the lucrative gaming industry continues to grow rapidly, valued at more than $300 billion worldwide.
In addition to job creation, the acquisition of Gamestar+ will help companies like “Wheel of Fortune” and “Jeopardy!” It allows him to expand his game development arm by building such popular game titles. On the blockchain where players can challenge each other in real time.
A Steve Harvey-backed company brings family game night to the blockchain
“We are excited to make a significant investment in Mighty Kingdom as we seek to create the connected gaming night,” Gamestar+ CEO Shane Yand told FOX Business. “As part of our investment in becoming a leader in Web3 gaming, we will be opening an office in the US to further accelerate business and game development efforts.”
US Labor Secretary Marty Walsh discussed the August jobs report, which added 315,000 payrolls to the US economy.
Wheel of Fortune will be the platform’s first fully integrated blockchain-enabled game, allowing users to win prize tokens and exchange them for real-world prizes or cryptocurrency tokens such as Bitcoin. Both “Wheel of Fortune” and “Jeopardy!” It will start in the fourth quarter of this year.
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“We have aggressive growth plans for the Gamestar+ IP offerings and platform,” said Gamestar+ Founder Todd Young. “This acquisition builds on that foundation and puts us on track to become the nation’s leader in family game night.”
