Kratos Games Network: INR 50 Crores Grant for Gaming Studios
Kratos Studios has launched their 'Kratos Games Network' program. The strategic initiative that they have opted will provide gaming studios a grant of INR 50 crores. This plan will help them with the goal of supporting and fostering their growth. As per the company's target, by March 2024, they will select an initial batch of 10-15 studios.
Kratos Studios has already taken a significant step by enabling monetization for 1.5 lakh gamers which will enable them to earn money through gaming activities. The strategic decision has helped them to accumulate INR 5 crores in revenue. Now, with the launch of the 'Kratos Games Network,' they are anticipating an 100-fold increase in the number of gamers.
The primary focus of the 'Kratos Games Network' is to provide financial support to web2 gaming development studios and facilitate the transition of their games to blockchain gaming. This program aims to build a robust global game developer community and cultivate a portfolio of top-quality games that cater to various genres, languages, and cultural sensitivities.
Only a few selected gaming studios will be able to take advantage of Kratos's own blockchain technology stack. This will provide them the privilege to connect with the on-chain global gamer community, consisting of 10 lakhs users. The integration of blockchain technology will enable these studios to monetize their games and generate revenue for both developers and gamers.
The 'Kratos Games Network' promises a host of advantages, which also include access to a large and diverse gamer community. Manish Agarwal, the Founder of Kratos Studios, expressed his vision for this initiative. He said, "Kratos Studios stands for the gamer community. This initiative will bring high-quality games and, consequently, more gamers into the world of blockchain gaming. We are on our way to becoming the largest network of gamers on the blockchain, globally."