Good Gaming
Inc. Announces New Enhancements to its MicroBuddies™ NFT Game to
Simplify Player Onboarding and Improve Gameplay
New
stock incentive plan approved by Board, aligning employee and
shareholder interests
Kennett Square, PA -- March 10,
2022 -- InvestorsHub NewsWire -- Good Gaming, Inc. (OTCQB:
GMER) (the "Company"), an innovative brand leading the gaming
industry across multiple segments in the space since 2008, today
announced a series of enhancements to MicroBuddies™, the Company's
first-of-its-kind NFT game, to simplify player onboarding and
improve gameplay, as well as the implementation of a stock
incentive plan, approved by the Company's Board of Directors,
designed to align employee and shareholder interests.
"Our development team has
completed a series of important enhancements to MicroBuddies™ that
are expected to accelerate player adoption and simplify gameplay
moving forward," said David B. Dorwart, Chairman and CEO of Good
Gaming. He also stated, "As we continue to grow MicroBuddies™ and
seek to expand our gaming portfolio, we recognize the importance of
building a corporate culture of participation amongst our employees
that is focused on generating revenue and profitability. In the
spirit of aligning interests and motivating achievement, we are
proud to launch our new stock incentive program."
The Company's stock incentive
plan sets aside 30 million shares of Good Gaming's restricted
common stock for issuance pursuant to the plan. Further details on
the stock incentive plan can be found in an 8-K filed with the U.S.
Securities and Exchange Commission.
New Game
Enhancements
Good Gaming has recently extended
its partnership with Umbria Network to provide extra value for both
of their communities.
MicroBuddies™ is now supported by
the Umbria Narni bridge, a novel liquidity-provision protocol that
speeds up and lowers the cost of cross-chain bridging. The Umbria
Narni bridge is different from other cross-chain bridges because
their bridge does not rely on validator smart contracts, which can
dramatically slow the bridging process. The Umbria Narni bridge can
complete cross-chain transactions with an order of magnitude lower
fees by removing the necessity for such validation. The Umbria
Network will continue to reduce player barriers related to
cross-chain bridging through a comprehensive product enhancement
roadmap.
In an effort to expand the
MicroBuddies™ community, and as a token of appreciation to Umbria
Network for their efforts, Umbria DAO's 'Juiced' Umbrian NFT holders
will receive a MicroBuddy NFT, via airdrop, in their wallet on
March 9th, 2022, as long as they were an NFT holder during the
snapshot period that took place on March 2nd at 5 PM. The provided
MicroBuddies™ were created in coordination with our amazing
MicroBuddies™ discord community, which we are incredibly grateful
to have.
Recently, we have implemented a
new in-game MicroBuddies™ marketplace that provides players with
advanced sorting, searching, and in-game access to OpenSea, the
largest platform for NFT transactions. This advanced marketplace
experience features dynamic sorting which will allow players to
search for buddies based on a variety of characteristics such as
GOO balance, replications, generation, traits, and lock status.
Advanced sorting and filtering are expected to increase playability
and commerce by allowing game players to more easily identify and
purchase MicroBuddies with the characteristics that previously were
not easily identifiable within the OpenSea marketplace. Additional
game updates include improved load times, visual graphic and
functionality upgrades, and other operational improvements.
Additional visual enhancements and functionality improvements will
continue to be released as part of a comprehensive MicroBuddies™
development roadmap.
Dorwart continued, "As our player
community continues to grow, we want to ensure our ability to
create the broadest reach possible for MicroBuddies™, and these
latest updates to the game will make it even easier for new players
to quickly adapt, join the community, begin acquiring and
replicating their very own Buddies."
According to data compiled by
Blockchain Game Alliance, NFT games generated $2.3 billion in
revenue in the third quarter of 2021.
About Good
Gaming, Inc.
Good Gaming is an innovative
brand leading the gaming industry across multiple segments in the
space since 2008. Beginning with our roots as a collaborative space
for gamers to share their knowledge, we went on to establish
ourselves as one of the leaders in hosting Hearthstone tournaments.
In 2016, we expanded our reach to include establishing multiple
Minecraft servers with some of the most popular versions of Prison
and SkyBlock, then developing our completely custom-developed NFT
blockchain game, MicroBuddies™, in 2021. The Good Gaming advantage
comes from our development team's close relationship with the
player communities of all of our games. The constant communication
and resulting feedback further expand our proprietary content, and
we continue to be influencers in the realm. Good Gaming continues
to find exciting and innovative ways to branch across the gaming
industry. As a staff and community, our goal is to cement our place
as a fun and collaborative place for ALL gamers to
enjoy.
For more information about Good
Gaming, please visit our website:
https://www.good-gaming.com
Safe Harbor: This release
contains statements that constitute forward-looking statements
within the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended. These statements appear in a number of places in this
release and include all statements that are not statements of
historical fact regarding the intent, belief or current
expectations of Good Gaming Inc., its directors or its officers
with respect to, among other things: (i) financing plans; (ii)
trends affecting its financial condition or results of operations;
(iii) growth strategy and operating strategy. The words "may,"
"would," "will," "expect," "estimate," "can," "believe,"
"potential," and similar expressions and variations thereof are
intended to identify forward-looking statements. Investors are
cautioned that any such forward-looking statements are not
guarantees of future performance and involve risks and
uncertainties, many of which are beyond Good Gaming Inc.'s ability
to control, and that actual results may differ materially from
those projected in the forward-looking statements as a result of
various factors. More information about the potential factors that
could affect the business and financial results is and will be
included in Good Gaming, Inc.'s filings with the Securities and
Exchange Commission, including those set forth as "Risk Factors" in
such filings.
Investor
Contact:
Dave Gentry,
CEO
RedChip Companies
Inc.
407-491-4498
GMER@redchip.com