LootMogul Recognized as one of the most Promising PC & Console Gaming Startup by Tracxn in 2024
We are incredibly proud to announce that LootMogul has been recognized as one of the most promising startups in the PC & Console Gaming industry by Tracxn Awards in their 2024 edition of top emerging global startups (Read more here: https://w.tracxn.com/awards/emerging-awards/pc-console-gaming ). This prestigious award is a testament to our relentless dedication to revolutionizing the gaming landscape and delivering unparalleled experiences to our users.
The Rise of PC and Console Gaming
The PC and console gaming market has seen significant growth, with the global market size projected to reach $202.64 billion by 2030, expanding at a compound annual growth rate (CAGR) of 10.2% from 2022 to 2030. This growth is fueled by the increasing adoption of gaming consoles and PCs, which offer immersive gaming experiences with high-quality graphics and processing power.
LootMogul’s Rise to Prominence
LootMogul, a sports-centric and technology led platform, has made a significant impact in the gaming industry. Recognized by Tracxn as one of the most promising startups in the PC and console gaming category. LootMogul’s success can be attributed to our innovative approach, which combines athlete-led sports technology, blockchain mini-games, and digital collectibles to elevate the gaming experience. By leveraging blockchain technology and artificial intelligence, LootMogul has created a seamless and immersive gaming adventure that sets us apart from competitors.
Industry Recognition and Partnerships
Over the past year, LootMogul has made significant strides in the digital space, launching our highly anticipated Proteas Squad and Kit. This launch has not only been a major success but has also enhanced our platform, providing our community with exciting new features and opportunities to engage. The Proteas Squad and Kit represent our commitment to bringing top-tier experiences to our community, and we are thrilled with the positive response we have received.
One of our key strategies for growth has been forming innovative partnerships, and we are excited to highlight our recent collaboration with Bare Knuckle Fighting Championship (BKFC). This partnership reflects our commitment to exploring new avenues and bringing unique, engaging experiences to our platform. By partnering with BKFC, we have created a dynamic and thrilling gaming environment that resonates with our users and attracts new audiences.
Key Features and Achievements
LootMogul’s platform offers a range of features that set it apart from other gaming startups. These include:
1. Athlete-Led Fan Engagement: LootMogul’s platform allows athletes to engage with fans through multi-player blockchain games, training academies, and meta shops. This unique approach enables athletes to build a strong connection with their fans, fostering a sense of community and loyalty.
2. Mini Blockchain Games: LootMogul’s mini blockchain games with the ideation of Play to Learn and Play to Earn, offer a new way for fans to engage with their favorite athletes and sports. These games use AI-driven characters that mimic real-world athletes, allowing fans to learn and compete in a fun and interactive environment.
3. Meta Shops: LootMogul’s meta shops enable sports brands to convert their online Web2 stores to Web3 meta shops, offering fans the ability to purchase merchandise and collectibles that can be physically delivered to their homes.
4. Scalable Revenue Model: LootMogul’s revenue model is highly scalable, with two main streams of revenue: sports commerce-driven and athlete-driven. The platform’s ability to generate revenue through meta-commerce and brand ad revenue, as well as its mini blockchain games, positions us for long-term success.
At LootMogul, we believe in creating fun, engaging, and collaborative contests that keep our community excited and involved. Our Trivia Leaderboard Skill Game has been a tremendous hit, providing users with an interactive and competitive experience. We are continually innovating, rolling out new and advanced contests every week to ensure there is always something fresh and exciting for our users to participate in. These contests come with exclusive rewards and ultimate fun, making LootMogul the go-to platform for gamers looking for excitement and engagement.
We extend our heartfelt thanks to Tracxn for this esteemed recognition. Being named among the top emerging startups in the PC & Console Gaming industry is a significant milestone for us, and it inspires us to continue pushing the boundaries of what’s possible in the gaming world. This award motivates us to keep innovating and delivering exceptional experiences to our users.
