Fully compliant with existing store policies, now.gg enables game developers to unlock revenue by increasing margins by 25% from currently paying users and new revenue from non-paying users
now.gg, the mobile cloud company, today introduced a first-of-its kind cloud payments and NFT-based monetization model for mobile games on the cloud and Apple and Google app stores. Together, they will significantly increase revenue for mobile game developers.
Cloud top-up payments give game developers 95% of the cut from in-app purchases, increasing their current margin by 25 basis points from presently paying users. NFT-based monetization, via an NFT marketplace, NFT gift cards and NFT game fan art, creates opportunities for new revenue for game developers from currently non-paying users.
now.gg cloud payments was developed in response to the surge of international mobile gaming popularity, low-margin app store policies, and the explosion of NFT trading. Although the mobile gaming market is projected to be $29.1 billion in 2022, only 5% of mobile gamers today make in-app purchases, which leaves a lot of money on the table for developers. Cloud top-up payments significantly increase the margin from these paying users. Once game developers integrate now.gg cloud payments, gamers go to the game developer website to make a top-up payment, using real money or crypto currencies like BTC, TC, ETH, DOGE. The NFT marketplace targets the currently 95% non paying users, unlocking an entirely new revenue stream for game developers. The marketplace enables users to buy, trade, and keep digital collectibles.This combination of higher margins and new revenue sources is not possible with current app store policies, shifts the opportunity back to developers, and adds more value for the gamer.
now.gg was founded to empower the developer and offer gamers an entirely new mobile gaming experience. now.gg’s mobile cloud dramatically changes the reach, potential, and business model for game developers by enabling developers to create, share, and monetize their games on the cloud, versus in apps.
now.gg is on track to have over a billion minutes of games played on its platform within the year and with the addition of cloud payments, developers can significantly increase their opportunity while offering gamers new and unique ways to buy and trade NFTs.
now.gg cloud payments are available now. For more information, please visit: https://now.gg/payments.html
Mumbai, November 17, 2021
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