- Role playing games (RPG) in casino- and movie-themed applications are one of four revenue streams for diverse SWRM, which leverages its large studio relationships
- Management of SWRM hopes to achieve revenues of roughly $7 million by FY2018; company recently entered cannabis mobile app market in joint venture focused on blockchain technology and bitcoin payment options
- Market for virtual reality games is projected to grow to $40 billion by 2020, reflecting a compound annual growth rate (CAGR) of 61.3 percent over five years
AppSwarm, Inc. (OTC: SWRM) markets unique and niche offerings in the role playing games (RPG) market, giving players specialized titles such as ‘Avenging Soldiers’ on Google Play; ‘Komandir – War Front VR’, a virtual reality shooting game; ‘Soccers’, available on the App Store; ‘Dead Uncleansed’ and ‘Turtles, Huh?’.
This market is just one of the revenue streams for AppSwarm, which boasts a growing portfolio of mobile game titles. ‘Avenging Soldiers’ generates sales from in-app purchases that gamers buy to accelerate game play. It boasts…
More from CannabisNewsWire
- Rapidly Growing Cannabis Market Has Massive Impact on Multiple Industry Sectors
- Pot Stock Bull Market Primed for Even More Growth as Major Markets Legalize
- SinglePoint’s (SING) Bitcoin Payment App Highlighted in CNBC Article – Offers Alternative to Cash-only Cannabis Industry
About CannabisNewsWire
CannabisNewsWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.
For more information please visit https://www.CannabisNewsWire.com
Please see full terms of use and disclaimers on the CannabisNewsWire website applicable to all content provided by CNW, wherever published or re-published: http://CNW.fm/Disclaimer
CannabisNewsWire (CNW)
Denver, Colorado
www.CannabisNewsWire.com
303.498.7722 Office
Editor@CannabisNewsWire.net