As gaming, and mobile gaming in particular, approaches an expected $110 billion in revenues worldwide this year, developer and publisher AppSwarm (OTC: SWRM) is working to incubate new talent as it acquires apps for all mobile devices. The company also announced the development of a joint roll-out of mobile applications for the purchase of cannabis using bitcoin payment options and blockchain technology, in conjunction with SinglePoint, Inc. (OTC: SING). Article discussing this reads: “The global gaming industry is expected to grow by almost eight percent over 2016 and to generate a total of approximately $110 billion in revenues this year, from 2.2 billion games worldwide, according to Newzoo’s Global Games Market Report released in April 2017 (http://cnw.fm/2lRGm). The largest market is in the Asia-Pacific region, with China generating a quarter of all revenues in 2017. Newzoo predicts that this industry will show a compound annual growth rate (CAGR) of 6.2 percent to reach $128.5 billion by 2020. Furthermore, the report forecasts that mobile gaming will generate 42 percent of gaming revenues worldwide.”
To view the full article, visit http://cnw.fm/OpWm3
AppSwarm develops and publishes mobile gaming apps, with a focus on accelerating the development of free to play mobile games and fast-track them to market. The company partners with game developers through joint ventures, royalty agreements, marketing partnerships, and outright purchases through its publicly-traded company on the OTC Markets, ticker SWRM. For more information, visit www.App-Swarm.com.
More from CannabisNewsBreaks
CannabisNewsWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.
For more information please visit https://www.CannabisNewsWire.com