FYX Gaming

FYX Gaming, Inc.Founded in 2018 and headquartered in Cary, US, FYX Gaming, Inc. specializes in creating a gaming marketplace that empowers players to acquire, trade, and sell digital assets.FYX Gaming's core offering is the FYX Gateway, a comprehensive marketplace designed to enhance player ownership of in-game items while driving revenue for game studios. The FYX Gateway allows gamers to acquire, trade, and sell digital assets, thereby turning gameplay into a scalable revenue model for developers. This platform supports a diverse array of gaming genres, enabling studios to integrate a robust marketplace that aligns with their unique economies. End users include gamers seeking ownership and monetization of their in-game achievements, as well as studios looking to diversify their revenue streams beyond traditional models such as advertisements and in-app purchases.The revenue structure of FYX Gaming is centered around the transaction activities facilitated through the FYX Gateway, where players engage in buying, selling, and trading in-game items. This model enables the company to earn ongoing royalties from player transactions, creating a continuous revenue stream. Game studios utilizing the FYX Gateway can benefit from a partnership arrangement where they receive a percentage of each transaction conducted by players. The company aims to launch new products designed to improve user experience and engagement in the coming months. Additionally, FYX Gaming is looking to penetrate new markets, specifically targeting expansions in Asia and Europe, with efforts to be ramped up by 2023.

1. Seed

   Aug 24, 2021

   Amount

   $1.4M

   Investors

   Locked