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Pocket Worlds Unveils Highrise 4.0: Creator-Driven Virtual Worlds

Pocket Worlds introduces Highrise 4.0, enabling creators to construct and monetize virtual experiences. Pocket Worlds, established in 2013, secured a $7 million investment earlier in 2021. Highrise debuted on mobile in 2019, boasting a user base exceeding 50 million and supporting 10,000 creators. With over 40 million users, Highrise serves as a hub for UGC, with 680,000 weekly users spending an average of 90 minutes in-game. Highrise Studio offers creators development tools within Unity, allowing them to create new 3D game elements. These creations seamlessly deploy into the Highrise world. Creators earn from their content through the Creator Exchange program, based on sales and engagement time. In 2023, over 5,000 designers made almost half a million dollars from unique items. Exciting Life or Deception Simulator “At Pocket Worlds, we are building bleeding-edge technology that enables creators to build the next generation […]

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Turkish Gaming Ecosystem in 2023: Strong Nevertheless

Invest in Türkiye recently unveiled its report, "The State of Turkish Gaming Ecosystem," offering insights into the industry's trends, challenges, and prospects. Despite certain setbacks in early 2022, like the pandemic's end and global conflicts, the Turkish mobile gaming sector proved resilient, with significant acquisitions highlighting its strength. Turkish mobile gaming landscape boasts 740 active studios, 12 incubation centers, 21 acceleration programs, 2 clusters, and 8 dedicated investment funds, positioning it as a European leader after the UK. The Turkish mobile gaming's evolution dates back to the 2010s, marked by the establishment of startup support mechanisms like the Venture Capital Investment Fund (VCIF), which saw significant changes in 2020. This shift, alongside success stories, spurred corporate interest, with 80 active Corporate Venture Capitalists participating in 37% of deals in the first nine months of 2023. From Exits to Hubs: Turkey's […]

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