Digital game incubator Ludus acquires NFT game developer LookLabs
It is reported that Ludus, a digital game incubator focused on investment, operation and providing game solutions, acquired LookLabs, a NFT game developer. The specific amount has not been disclosed yet. LookLabs is currently making two new games and plans to further expand its game product portfolio in 2023, aiming to make P2E games easier to use, simpler and more interesting. It is reported that Ludus also recently acquired the e-sports team LDN UTD. （europeangaming）
Interpretation of this information:
The recent acquisition of LookLabs by Ludus, a digital game incubator, has garnered attention in the gaming industry. The primary focus of Ludus is on investing, operating and providing gaming solutions. With this acquisition, Ludus has ventured into the development of NFT games. NFT games are gaining immense popularity in the gaming world, and Ludus seems to have recognized the potential in this sector.
Although the specific amount of the acquisition hasn’t been announced, it is clear that Ludus is quite keen on expanding its portfolio of games. LookLabs has two new games in development, and their plan to further expand their product range by 2023 points towards a strong commitment to the gaming industry.
The P2E games (play-to-earn) that LookLabs aims to create will make it easier for gamers worldwide to play such games. Additionally, the simplicity and added interest in these games will be a welcome change for avid players. Play-to-earn games work on a simple concept, whereby players can earn digital assets or in-game currency by playing the game. These assets can be traded, decentralizing the gaming economy and enabling players to earn while playing their favorite games.
The acquisition of LookLabs is not the only strategic move made by Ludus in recent times. Ludus also acquired LDN UTD, a popular e-sports team, in the same year. E-sports is a rapidly growing industry, with a massive fan following worldwide. Ludus seems to be expanding its reach in different niches in the gaming industry.
In conclusion, Ludus’s move to acquire LookLabs and venture into NFT games is exciting news for gamers worldwide. The gaming industry is expanding at a rapid pace, and Ludus’s move signifies their commitment to staying at the forefront of the industry. The future looks bright for Ludus, with the potential for creating revolutionary games that could potentially dominate the gaming industry.
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