Home » Volcano Diver launches VersusNow skill-based platform with real-world money rewards

Volcano Diver launches VersusNow skill-based platform with real-world money rewards

by Oscar Tetalia
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Volcano Diver has launched VersusNow a game-streaming platform with skill-based video games the place you compete for real-world money rewards.

Volcano Diver, primarily based in Las Vegas, has launched a software program improvement equipment (SDK) for builders in a beta stage till the total launch comes on January 26.

VersusNow gives players a technique to showcase their expertise in aggressive play, competing for real-world money rewards. With a lineup of 12 video games, together with new titles like 21 Solitaire, Bingo, Bubble Shooter, and extra, gamers can interact in skill-based gameplay whereas vying for money prizes primarily based on their efficiency.

The platform goals to enchantment to players of all ability ranges, offering an avenue for even informal gamers to show their experience into money rewards. VersusNow guarantees quick and seamless gameplay, honest matchmaking, and clear match outcomes.

VersusNow’s block puzzle recreation.

The firm siad the platform has a hack-proof surroundings, constructed on patented streaming expertise, which ensures safety throughout numerous platforms, together with consoles, PC, house set-top and streaming packing containers, and cellular units.

Sean Lee, co-CEO of Volcano Diver, mentioned, “VersusNow has been meticulously crafted to align with these profound values. We warmly welcome gamers to exhibit their expertise, earn well-deserved rewards, and encourage builders to discover thrilling avenues to make sure their titles flourish for years to return.”

VersusNow goes past conventional gaming platforms by introducing a singular ticketing system the place gamers buy tickets to take part in matches, creating an enticing and aggressive surroundings. The platform additionally eliminates the necessity for recreation installations, permitting gamers to entry and play video games conveniently anytime, wherever.

For builders, VersusNow gives an SDK that seamlessly integrates into multiplayer and single-player video games throughout consoles, PC, cellular, and TV platforms via supported browsers. The SDK offers assist for tournaments and leagues, participant rating-driven matchmaking, engaging rewards, incentive applications, and environment friendly fund withdrawals in numerous foreign money varieties.

With an overarching purpose of empowering builders and making a sustainable mannequin for monetization, VersusNow goals to contribute to the expansion and success of the gaming business.

Established in January 2023, Volcano Diver is a platform improvement firm that brings collectively builders, artists, and entrepreneurs from main firms to create a brand new type of leisure platform. The firm has 12 individuals, and it expects to lift a brand new spherical of funding, Lee mentioned.

VersusNow is offered as a skill-based gaming platform in 29 states.

Big Choi Beom is the cofounder and co-CEO who has labored at Nimble Neuron, Fincon, Wemade, Blizzard, and NHN. Lee has labored at Fincon, NeoWiz, Philips, MGM Studio City and he was head of Apple’s App Store in South Korea.

In that function, Lee managed the nation’s multi-billion greenback App Store enterprise, strategically specializing in maximizing each app and recreation enterprise efficiency on the platform. Under his management, the App Store for Korea noticed a 2.3 instances income enhance over the 4.5 years.

Lee labored with Beom since 2012 on 3D turn-based role-playing video games on cellular. They labored on that for possibly 5 years after which went their separate methods. Lee joined Apple to run the App Store in South Korea. Then, he teamed up with Beom once more A few years in the past, they got down to construct a platform to stream video games from the cloud, like Google Stadia. They noticed why different platforms struggled and labored to create extra environment friendly servers that would stream to many customers at decrease prices. They virtualized the graphics processing unit (GPU) to serve scores of customers with one server to decrease the prices of streaming.

Along the best way, they noticed that it was more durable for cellular recreation builders to outlive, due to troublesome consumer acquisition as Apple centered extra on consumer privateness over focused adverts.

Rather than give attention to hardcore video games, Volcano Diver centered on utilizing the tech platform for streaming informal video games. And the centered on skill-based video games due to the sturdy monetization mannequin, they usually figured the cloud tech would allow them to confirm who received every match extra simply with out dishonest.

“The factor that actually us about it was it was very easy for customers to immediately play their video games and never have to attend for installs,” Lee mentioned. “We leverage the streaming and make it so players don’t waste their time ready for video games to put in.”

They opened the service in December and the beta tech is now working. They’re working with PayPal and others to implement fee choices. The firm has 50 skill-based video games, however it’s opening with simply 12 on the outset. The video games like Bingo or solitaire may be performed in three to 4 minutes. The service is offered worldwide, however within the U.S. they’re centered on 29 states the place the skill-based gaming is clearly authorized. In some states, it’s topic to regulation as it’s categorized as playing. But most states don’t take into account it playing if there’s ability concerned in successful.

VersusNow makes use of cloud gaming to ship skill-based video games.

The firm invitations customers in to play video games they usually purchase tickets. They use a ticket to enter a recreation with the purpose of successful prize cash.

In addition to the cloud tech, the corporate additionally has a advertising benefit. Rather than promote only a single recreation, they’ll promote the platform and get individuals to return play a number of video games, reasonably than only a single recreation.

“This drastically reduces the advertising prices,” Lee mentioned.

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