Myth Creation


Weekly Game Media Report
29/11- 03/12 2021

[Important – Investment]

Bilibili invested in XG Joy, holding a share of 5%, XG Joy is the developer of Figure Story

  • XG Joy is established in 2016 and is the developer of Figure Story which been launched in 2020
  • Figure Story had a rev of and the turnover exceeded US$16 million in just 3 weeks and ranked top in South Korean iOS free list
  • As of December 2 this year, Bilibili has been investing in 18 games companies so far, far exceeding the whole year of last year (10 cases) and invested more than companies like Nuverse & Netease
  • Bilibili focused on Waigu game developers

[Important – Financial]

Google Play names Pokémon Unite as Best Game of 2021

  •  Mobile game that gets the top honors is Pokémon Unite, following up on last year’s winner Genshin Impact
  • Best Game:
  1. Pokémon Unite by The Pokémon Company
  • User’s Choice:
  1.  Garena Free Fire Max by Garena International
  •  Best Competitive:
  1. League of Legends: Wild Rift by Riot Games
  2. Marvel Future Revolution by Netmarble
  3.  Pokémon Unite by The Pokémon Company
  4. Rogue Land by Huuuge Games
  5. Suspects: Mystery Mansion by Wildlife Studios
  • Best Game Changers:
  1. Inked by Nuverse
  2.  JanKenUP! by Humita
  3. Knights of San Francisco by Raindead
  4. Overboard! by Inkle Ltd
  5.  Tears of Themis by MiHoYo

Apple’s game award winners: Wild Rift, Marvel: Future Revolution, Myst, Space Marshals 3, and Fantasian

  • Apple TV Game of the Year: Space Marshals 3, from Pixelbite
  •  iPhone Game of the Year: League of Legends: Wild Rift, from Riot Games
  •  iPad Game of the Year: Marvel: Future Revolution, from Netmarble
  •  Mac Game of the Year: Myst, from Cyan
  •  Apple Arcade Game of the Year: Fantasian, from Mistwalker
  •  Top free iPhone games
  1. Among Us
  2. Roblox
  3. Project Makeover
  4. Call of Duty: Mobile
  5.  Subway Surfers
  6.  High Heels!
  7. Magic Tiles 3: Piano Game
  8.  Water Sort Puzzle
  9.  Shortcut Run
  10. Bridge Race

Gamevil rebrands as Com2uS Holdings to focus on blockchain and NFT projects

  • South Korean gaming outfit Gamevil has rebranded to Com2uS Holdings to shift focus towards blockchain gaming.
  • Under the updated Com2uS brand, Com2uS Holding’s subsidiaries will become Com2uS Platform, Com2uS Plus, Com2uS USA, and Com2uS Japan
  • Com2uS Holdings first entered the blockchain space earlier this year in April with a $28 million investment into Coinone, the third largest cryptocurrency exchange in the country at the time
  • Earlier this month, Com2uS Holdings revealed that it had signed a deal with Terraform Labs to build a blockchain ecosystem for its titles
  • Going forward, Com2uS Holdings will develop and publish games with NFT and play to earn features, including first and third party titles

[Important – Game Product]

Nuverse's new waifu SLG & CBG game - Resonance Solstice

  • The game is developed by game Duchy and will be published by Nuverse
  • Resonance Solstice is a supernatural catastrophe strategy card mobile game
  • New waifu games coming soon
  1. Hypergryph: Ex Astris ( B2P RPG)
  2. miHoYo: Honkai: Star Rail
  3. Paper Games: Pebble End

  Moonton's new Tower Defense Card Game: Watcher of Realms will be launched in China, western market & SEA region in 2022

  • The new TD card game is a 3A product with realistic western art style, will be launched globally in 2022
  •  "Watcher of Realms", as the first game exposed after Moonton was acquired by Bytedance, is more of a signal to the industry: In the future, Moonton will not be limited to mobile MOBA games, but want to extend to different genres and game markets, Moonton has become a global multi-field game company


China to ban route used by tech firms for overseas IPOs

  • China may soon block local tech firms from listing on stock exchanges overseas via variable interest entities (VIE), a workaround designed to circumvent restrictions on foreign investment
  • The move will likely be part of China’s upcoming revised rules for firms already listed or planning an IPO overseas. The proposed ban, however, could exclude companies using VIE for a Hong Kong listing, although they may need to get regulatory approval
  • If the VIE ban is implemented, companies that have made their market debut via this method will be forced to make key changes to comply with the rules and to be more transparent to regulators

 Play Ventures rolls out US$75m fund for Blockchain gaming firms

  • Play Ventures, an early-stage VC fund investing in the games sector, has rolled out a US$75 million fund for blockchain gaming, according to a VentureBeat report
  • The fully subscribed Play Future Fund has already invested in four startups so far, according to its website. It’s looking for founding teams with deep experience in both crypto and gaming

 Self-regulation of probabilistic items (aka gacha) is strengthened in South Korea

  • The game industry will strengthen self-regulation on 'probabilistic items' from next month
  • Game companies, which initially refused to be industry secrets, announced that they would disclose all probability of random items to the growing
  • Until now, the probability was only disclosed within the paid items, but in the future, the probability will be disclosed for both paid and free items
  • Politicians have doubts about the effectiveness of probabilistic item self-regulation and are pushing for legislation.

[Game News – TW/HK]

 Onigiri Heroes is launched in TW/HK by CyberStep

  • The new MMORPG is launched in TW/HK on 2nd Dec by CyberStep
  • The game’s story is set in Japan and game theme is fantasy
  • iOS/Google Play