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Kratos Studios launches ‘Kratos Games Network’, allocates Rs 50 Crore grant

The ‘Kratos Games Network’ will extend the grant to web2 gaming development studios, and transition to blockchain gaming.

by MN4U Bureau
November 2, 2023
in Featured, Mobile/Digital
Reading Time: 1 min read
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Kratos Studios launches ‘Kratos Games Network’, allocates Rs 50 Crore grant
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Kratos Studios has announced the ‘Kratos Games Network’ programme, which will allocate a grant of INR 50 crore towards gaming studios. The company aims to target the first set of 10-15 studios by March 2024, and has already enabled monetisation for 1.5 lakh gamers amounting to INR 5 crore. It is expected to see a 100X increase in the number of gamers with this move.

The ‘Kratos Games Network’ will extend the grant to web2 gaming development studios, and transition to blockchain gaming. The programme aims to build a strong game developer community across the world and create a pipeline of the top games that cut across genres, languages and cultural sensitivities, and make them available on the Kratos platform.

Shortlisted gaming studios will get the Kratos proprietary blockchain tech stack, giving them access to the 10-lakh user base of on-chain global gamer community. The integration of blockchain will enable these studios to monetise and build revenue for developers and gamers alike.

The Kratos gamer community is already present in multiple geographies, and will target gaming studios beyond India, including LATAM, East Asia, and SE Asia. The selection process will focus on factors based on profitability spanning two-three years, and game studios with a minimum daily active user count of 500,000.

Manish Agarwal
Manish Agarwal

Manish Agarwal, Founder of Kratos Studios, said, “Kratos Studios stands for the gamer community. This initiative will bring high quality games and hence more gamers to blockchain gaming. We are on our way to becoming the largest network of gamers on the blockchain, globally.”

Feedback: [email protected]

Tags: Kratos Games NetworkKratos StudiosManish Agarwal

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