Good Gaming Inc (OTCMKTS:GMER) shares dipped 6.67% to $0.140 on Monday and were flat in after-hours trading. Share prices have been trading in a 52-week range of $0.05 to $1.20. The company has a market cap of $322M at 2.00 million shares outstanding.
Good Gaming Inc announced its top ten ranking for its Minecraft server worldwide as they develop their first Minecraft player vs. player tournament game. It was in the 4,300th position eight months ago and has shown exponential growth with two top 20 rankings and one 8th position ranking worldwide.
In the same press release, Good Gaming Inc announced that it is currently in the final development stage of creating its first Minecraft 1 vs. 1 and 2 vs. 2 player game named Battle Royale. This is designed to be a last man standing shooter and falls into the same genre as the extremely popular video game “Player Unknown’s Battlegrounds”.
It plans to launch a social media blitz for its Premium Membership services for the good-gaming.com website. This service ffers a 30 day free trial with a recurring monthly membership fee of $4.99 per month, and offers premium memberships that allow Good Gaming eSport gamers access to premium content.
Formerly known as HDS International Corporation, Good Gaming Inc is a company that offers a tournament gaming platform and online destination to over 205 million e-sports players and participants across the world.
With its technology platform, the company offers publishers and vendors an approach to gaming interactions. The company’s platform allows for integration of third party applications, as well as integration into other existing systems. This framework allows for clans/teams/guilds to add functionality over time to include running their own tournaments leveraging the viral nature of the online communities.
The company also offers social networking functionality, which helps gamers to interact, track each other and communicate. It provides a content suite to offer videos, blogs, and forums. In addition, Good Gaming Inc focuses on hosting multiple games online that subscribers to the site can play for free or for fees depending on player level.