Technology

Valeria Games Migrates Mobile RTS Game Land Before War to Xai Network

Published

4 months ago

July 18, 2024

The real-time strategy mobile title, slated for release in late 2024, will join a host of games being launched as part of Xai’s Vanguard: Genesis campaign

GEORGE TOWN, Cayman Islands, July 18, 2024 /PRNewswire/ — The Xai Foundation, a core contributor to the gaming-centric blockchain network, Xai, today announced Valeria Games’ Land Before War, a mobile real-time strategy (RTS) game made for iOS and Android, will be migrating to Xai ahead of its planned launch later this year. This will mark the third major title to migrate to Xai’s Layer 3 gaming chain in recent months, as the market takes notice of record transaction processing speeds on the Xai network over the past few weeks.

Valeria: Land Before War will migrate from Polygon to take advantage of Xai’s processing capabilities, and receive industry-leading support from Xai in the lead up to the game’s launch. Xai will also provide support for Valeria’s phygital card game, which combines the fun of tabletop gaming and physical card trading and digital ownership with each card having a QR code that allows collectors to redeem their cards as an NFT. These NFT will also migrate from Polygon along with Land Before War, making Xai the home of all of Valeria’s IPs.

“We are thrilled to be partnering with Valeria to bring Land Before War to Xai, unlocking new capabilities for the Valeria team while bringing an engaging real-time strategy title to our players,” said Soby, a core contributor to Xai. “On top of having the fastest gaming chain in terms of pure processing speeds, we also have one of the fastest growing libraries of games, with plenty more slated for release this year.”

As the newest game to join Xai’s lineup, Valeria: Land Before War will drop players into engaging real-time strategy battles through both a story mode as well as PVP battles and tournaments. As players progress through challenges, they will unlock new champion, weapon and item NFTs to turn the tides in their favor while also giving players complete autonomy with their in-game assets. The game will feature several modes to conquer dungeons as well as PVP tournaments with prizes.

“Our aim is to seamlessly integrate blockchain into our games, making instant transactions a must. With other chains, we had to make sacrifices and adjustments to ensure a seamless web3 experience. However, XAI allows us to build our vision exactly as we imagined it.” said Sharif Mohammad, CEO at Valeria Games.

Land Before War is the latest game to join Xai during its Vanguard: Genesis campaign, an ecosystem-wide event that brings together multiple gaming studios and partners, with full game roadmaps and launch announcements throughout the summer. At present, Xai has announced roadmaps and official launches for Crypto Unicorns, Lost Glitches and now Land Before War, with several other announcements planned in the following months.

Vanguard: Genesis has also introduced dedicated incentives for developers to build on Xai in partnership with Sequence, with builder quests and a developer leaderboard to drive further growth of the network.

About Xai Foundation
The primary objective of the Xai Foundation is to foster the growth of developers and games within the Xai AI blockchain ecosystem. This encompasses attracting third-party developers, implementing effective marketing strategies, and offering financing opportunities to web3 game developers. As the custodian of the blockchain and its associated token, the Xai Foundation plays a pivotal role in supporting the integrity of the platform.

About Xai Games
Xai was developed to enable real economies and open trade in the next generation of video games. With Xai, potentially billions of traditional gamers can own and trade valuable in-game items in their favorite games for the first time, without the need to use crypto-wallets. Anyone can support the Xai network by operating a node which allows them to receive network rewards and participate in governance. Xai is developed by Offchain Labs leveraging Arbitrum technology.

Media Contact: marketing@xai.games

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SOURCE Xai Foundation

Technology

Activeport Secures $4 Million in Strategic Licence Agreement with Radian Arc

Published

7 minutes ago

November 17, 2024

SYDNEY, Nov. 18, 2024 /PRNewswire/ — Activeport Group Ltd (ASX:ATV) has sealed a $4 million perpetual licence agreement with Radian Arc Limited for Activeport’s cutting-edge cloud gaming software.

Highlights

Radian Arc will pay $4 Million for a perpetual licence of Activeport’s cloud gaming orchestration software.Radian Arc will continue enhancing this software to address its global Telco market requirements. The companies will continue to work together from a business development perspective across cloud gaming, AI and network orchestration in the Telco sector.

With this latest licence deal coming quickly on the back of the recent Rights issue, Activeport is now fully capitalised and ready to accelerate its recurring revenue growth from network orchestration licences and SaaS for Telco’s and data centres.

This licence deal highlights the value Activeport’s engineering expertise in bare-metal orchestration. The software developed for Radian Arc uses AMD CPU, GPU and encoder ASICs to deliver high performance, low-cost game streaming on distributed servers at scale and is being deployed to more than 80 Telco’s globally to deliver cloud gaming across their 5G networks.

Activeport Chairman and CEO Peter Christie commented “We are proud to have developed a world-class platform for the emerging cloud gaming industry. As the gaming experience evolves from consoles and PCs to the Cloud, Radian Arc will be there to catch a significant portion of that market with our software”

Radian Arc CEO David Cook says “Activeport’s software engineering expertise was instrumental in facilitating Radian Arc’s launch into Cloud Gaming. We’re now at a point where we feel comfortable taking the development tasks in-house and broadening our focus into virtual computing and AI applications”.

About Activeport

Headquartered in Australia, Activeport develops automation software and customer self-service portals for global telecommunication providers. The Activeport product suite enables network automation, minimising operational costs, accelerating ‘time to revenue; and improving customer experience.

For more information: https://www.activeport.com.au

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SOURCE ActivePort

Technology

EQT sets hard cap for EQT Private Capital Asia’s BPEA IX at USD 14.5 billion

Published

1 hour ago

November 17, 2024

THIS IS INFORMATION THAT EQT AB (PUBL) IS OBLIGED TO MAKE PUBLIC PURSUANT TO THE EU MARKET ABUSE REGULATION. THE INFORMATION WAS SUBMITTED FOR PUBLICATION, THROUGH THE AGENCY OF THE CONTACT PERSON SET OUT BELOW AT 6:00 PM CET ON 17 NOVEMBER 2024.

STOCKHOLM, Nov. 17, 2024 /PRNewswire/ — EQT has today set the hard cap for investor commitments of USD 14.5 billion for EQT Private Capital Asia’s BPEA Private Equity Fund IX (“BPEA IX”). A hard cap refers to an upper limit on the amount of investor commitments accepted as part of the fund. The actual fund size is dependent on the outcome of the fundraising process. As previously communicated, the target fund size for BPEA IX is USD 12.5 billion.

Contact

Olof Svensson, Head of Shareholder Relations, +46 72 989 09 15
EQT Press Office, press@eqtpartners.com, +46 8 506 55 334

The information contained herein does not constitute an offer to sell, nor a solicitation of an offer to buy, any security, and may not be used or relied upon in connection with any offer or solicitation. Any offer or solicitation in respect of BPEA IX will be made only through a confidential private placement memorandum and related documents which will be furnished to qualified investors on a confidential basis in accordance with applicable laws and regulations. The information contained herein is not for publication or distribution to persons in the United States of America. Any securities referred to herein have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”), and may not be offered or sold without registration thereunder or pursuant to an available exemption therefrom. Any offering of securities to be made in the United States would have to be made by means of an offering document that would be obtainable from the issuer or its agents and would contain detailed information about the issuer of the securities and its management, as well as financial information. The securities may not be offered or sold in the United States absent registration or an exemption from registration.

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/eqt/r/eqt-sets-hard-cap-for-eqt-private-capital-asia-s-bpea-ix-at-usd-14-5-billion,c4067544

The following files are available for download:

https://mb.cision.com/Main/87/4067544/3118360.pdf

EQT AB – BPEA IX Press release

https://news.cision.com/eqt/i/eqt-ab-group,c3352566

EQT AB Group

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Technology

NTQ Korea Celebrates 5 Years: Empowering Korean Competitiveness Through Global Collaboration

Published

1 hour ago

November 17, 2024

SEOUL, South Korea, Nov. 18, 2024 /PRNewswire/ — After 5 years of establishment in Korea, NTQ Korea has gained significant positions thanks to a dedication to raising Korean businesses’ competitiveness through its pioneering Global Collaboration model.

On 14th November, NTQ Korea celebrated its fifth anniversary in Seoul, hosting esteemed clients and partners in a special ceremony that highlighted the company’s journey from a small venture to becoming a trusted partner for numerous major South Korean companies across various industries.

The secret behind NTQ Korea’s remarkable success lies in its strategy to focus on multiple dimensions of business development. Aside from a sole focus on tech service offerings, NTQ Korea stands out for its unique Global Collaboration strategy, which has been instrumental in helping South Korean businesses unlock new opportunities in emerging markets like Vietnam and beyond.

Global Collaboration – NTQ Korea’s Approach To Leverage Korean Businesses In The Competitive Landscape

As part of maintaining its position as a global innovation leader, South Korea has actively expanded ICT collaboration with countries worldwide to strengthen its supply chain networks. Vietnam, one of the nations that has a strategic partnership with South Korea, has contributed significantly to this strategy.

“Realizing the needs for globalization of Korean businesses and the long-lasting bilateral relation between Vietnam & Korea, NTQ Korea chooses to foster service offerings & business development strategy around the “Global Collaboration” – A model that enables NTQ to build sustainable partnership values with clients”, said Mr. Pham Thai Son, CEO of NTQ Solution.

As the name suggests, “Global Collaboration” is NTQ Korea’s unique strategy model that aims to enhance clients’ capabilities to enter global markets through digital transformation. NTQ’s Global Collaboration consists of two critical objectives: leveraging clients’ competitiveness in the Korean market and committing to accompany clients on their journey to expand business globally.

Dedicated resources of more than 1300 employees globally, diverse tech stack capabilities & global experiences are the solid foundation of NTQ Korea’s Global Collaboration. NTQ Korea acts as an IT Service Provider, while providing a powerful source of technical expertise, know-how & experiences that allow clients to access markets where NTQ has a presence, including Vietnam, Japan, the US, Europe, Hong Kong, and many other countries/regions.

“With the help of NTQ’s tech powerhouse and global experiences, Korean clients will both achieve global expansion goals and strengthen their competitive edge in the domestic market at the same time”, said Mr. Pham Thai Son, CEO of NTQ Solution.

To effectively execute its Global Collaboration strategy, NTQ Korea employs: (1) a Global Development Center (GDC) model with advanced workforce management, developing dedicated IT resources that support Korean enterprises’ growth, (2) end-to-end services combining hardware and software to bring clients’ solutions to life, meeting diverse global demands, and (3) emerging technologies like up-trending GenAI and Blockchain, providing solutions that enhance Korean companies’ competitiveness, boosting growth through improved productivity, communication, and learning efficiency. These innovations address Korean businesses’ evolving needs, creating a robust foundation for sustainable international expansion.

Ready For A Greater Leap!

The resilience towards Global Collaboration has contributed to NTQ Korea’s remarkable achievements in both service development and market expansions. Looking ahead, NTQ Korea is pursuing a 5-year strategy toward future growth. This includes the goals of achieving 100 employees in Korea, deploying GDCs with 2000 – 3000 dedicated talents specialized for the Korean market, and granting top positions in the Korean ICT Market.

Along with other global subsidiaries, NTQ Korea is striving for the NTQ Solution’s 2026 goals, including 3000 employees milestones, $100M in revenues & achieving the Top 5 IT company in Vietnam!

About NTQ Korea: NTQ Korea is one of the international branches of NTQ Solution, a Global IT Service Provider with more than 13 years of experience in harnessing digital transformation for businesses worldwide. Founded in 2019, NTQ Korea has become a trusted IT partner of leading Korean companies, contributing to leveraging the position of Vietnam’s ICT competency in the market.

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SOURCE NTQ Solution