Hybrid Gaming Platform PortalOne Raises $60 Million Ahead Of 2022 Launch

  • 📰 Forbes
  • ⏱ Reading Time:
  • 44 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 53%

Gaming Gaming Headlines News

Gaming Gaming Latest News,Gaming Gaming Headlines

PortalOne, a play-to-win interactive service that touts itself as “the world’s first hybrid games platform,” has revealed it has raised $60 million via an oversubscribed Series A funding round.

While it’s free to play, PortalOne will reward people for playing. Jackpots range from in-game unlockables, avatars, and skins, through to daily and seasonal money prizes; past PortalOne giveaways have included vacations and $5,000 cash.

Last year, the company expanded to the U.S. when it established a production studio based in Los Angeles, before launching a closed beta for American and Canadian users. While growing its team on both sides of the Atlantic, PortalOne will use its Series A funding to and rapidly expand content production in line with existing brand and IP partnerships, building new hybrid gaming formats along the way.

PortalOne was co-founded and led by brothers Bård Anders Kasin and Stig Olav Kasin. CEO Bård previously worked as a technical director at Warner Bros. on movies including the Matrix Trilogy, while Stig, who serves as CXO, has an award-winning background in game development, and has worked on major TV franchises includingBård Anders said: “Gaming, social, and media are converging, and we are fortunate to be at the very edge of that frontier.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

The future.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 394. in GAMİNG

Gaming Gaming Latest News, Gaming Gaming Headlines