Online Magazine - Mobile App & eCommerce October 2022 Issue
In this edition of the magazine, our feature article highlights the major announcements made at the Meta Connect 2022 event. In the Metaverse section, we also discuss what web 3.0 economy is, and how a brand can enter web 3.0, NFTs, and Metaverse. In the game development section, we explain the reasons why Saudi’s crown prince is investing $37 billion into gaming, and breakdown the cost to develop a game in Dubai. In the ecommerce section, we share how to lower buyer hesitation and 15 things you need to before starting an ecommerce business.
In this edition of the magazine, our feature article highlights the major announcements made at the Meta Connect 2022 event. In the Metaverse section, we also discuss what web 3.0 economy is, and how a brand can enter web 3.0, NFTs, and Metaverse.
In the game development section, we explain the reasons why Saudi’s crown prince is investing $37 billion into gaming, and breakdown the cost to develop a game in Dubai.
In the ecommerce section, we share how to lower buyer hesitation and 15 things you need to before starting an ecommerce business.
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GAME DEVELOPMENT
EFG combines ESL's strengths in creating, broadcasting, and commercializing premium content
with FACEIT's capabilities as a best-in-class online platform to create a large portion of the
global competitive gaming ecosystem.
Through the provision of suitable infrastructure, the provision of talent and participation
possibilities, the provision of funding and consultancy support, and the promotion of talent,
Nine66 is creating an ecosystem for game creators and studios to flourish. The business also
provides publishing services in the Middle East markets, enabling foreign developers to do
business there.
The VOV company, which specializes in building gaming and competition venues, aims to
develop skills and provide a healthy environment for players by offering healthy food, a
supportive social environment, and encouraging players to adopt a healthy lifestyle.
Building a series of high-quality venues that consider all players' health and care is a step that
is the first of its kind globally. The business will also offer initiatives to educate and advise
young gamers who want to enter the competitive esports market.
The group will also set up the first global games studio, which will launch in Saudi Arabia and
offer a range of games to fans across the globe. To bring games and studios under the Savvy
Group's wing, specialized teams will be developed with an emphasis on mid-core games,
which are more sophisticated and time-intensive than hyper-casual products.
These groups will try to seize opportunities for acquisition in the Kingdom and other markets.
The plan also calls for the creation of the Savvy Games Fund, which will finance the
establishment of major publishers and developers' bases in the Kingdom by investing in them.
In order to grow the gaming and esports industry, the companies will work together to develop
the world-class event and venue concepts, invest strategically in developers and publishers,
fund content creators, invest in technology innovation, and create synergies across every area
of the industry, according to the company.
Savvy, a global leader in this booming industry, intends to dominate gaming and esports by
investing a sizable amount of money over an extended period of time. Its investments will open
up opportunities for participation and advancement in the sector, regardless of gender,
location, income, or other factors.
25 Online Magazine - Mobile Apps & E-Commerce : Issue 23 . October. 2022