YDX Signs With eSports Platform Jackpot Rising to Create eTournaments in the US
VANCOUVER, B.C. / TheNewswire / February 21st, 2019 – YDX Innovation Corp. (TSX-V: YDX; OTC:YDRMF; FSE:A2AP0L) (“YDX” or the “Company”) a leading designer and developer of augmented and virtual reality experiences, eSports events and immersive brand activations, today announced it has signed a non-exclusive collaboration agreement with Dallas, Texas based Jackpot Rising to create eSports tournaments featuring Arkave VR, in the U.S..
With offices in the U.S. and the UK, Jackpot Rising’s patented framework enables players to compete against each other in tournaments for cash, prizes, digital goods, and other rewards.
Games on the platform include Jackpot Shot and Jackpot Alley created by Jackpot Rising as well as third party games, including Fortnite, a game created by Epic Games. According to the website Statista, in November of 2018, Fortnite online game had 200 million players worldwide.
The goal of the partnership is to co-host tournaments, starting in Dallas. According to publications from ESPN and DMagazine, the Dallas-Fort Worth area is a Gamer’s Paradise and is fast becoming an esports magnet, attracting big-name investors, new stadiums and some of video gaming’s hottest teams making it a strategic location for YDX to bring Game On Festival and setup Arkave VR arenas.
“We designed Arkave VR to become an eSports attraction for our clients. The platform is equipped with a ranking system and ready for tournaments. The partnership with Jackpot Rising enables us to move faster into this segment.” – stated Daniel Japiassu – CEO of YDX Innovation Corp.
Arkave VR Arena was created by YDX Innovation Corp. to be a premium Virtual Reality option for thousands of Family Entertainment Centers (FECs) that are looking for an affordable and highly immersive Virtual Reality solution. In November, the Company officially launched the product at IAAPA the world’s largest event for FECs and Theme Parks.
In December, the Company opened its first Arkave VR Arena in the U.S. at Andretti Indoor Karting (with 4 locations in the US), located in Marietta, Georgia. In early January, the second Arkave VR Arena was installed at the Launch Trampoline Park in Doral, Florida. A third arena will soon be installed at the Launch Trampoline Park in Methuen, Massachusetts. Launch Trampoline Park is a franchise business that is rapidly expanding in the U.S. with 20 locations open in 14 States with another 21 locations announced for 2019 increasing the presence to 24 States.
About Jackpot Rising
Jackpot Rising is bringing real money entertainment to the new age via its patented tournament platform that enables players to play games and compete against each other in real-money jackpot tournaments driving engaging, social competition. The platform is omni-channel, making Jackpot Rising one of the only companies in the world with the ability to offer a suite of competitive tournaments and eSports across a wide variety of gaming verticals, including Mobile, PC, Console, and Arcade. Jackpot’s solution creates an exciting and thrilling player experience where “It pays to be a winner.” The Company works directly with game developers, studios, entertainment venues, brands, and others to deliver new age gaming entertainment both on premises and off premises.
Jackpot Rising is based in Dallas, Texas. For further information visit www.jackpotrising.com and follow @JackpotRising on Facebook, Twitter and Instagram.
About YDX Innovation
YDX Innovation Corp. (TSXV- YDX :: www.ydxinnovation.com ) is a technology company that develops products and services and is an expert in immersive technologies like Augmented and Virtual Reality, eSports events and Interactive Exhibitions.
Currently, three companies are part of the YDX Family:
Arkave VR Arena – www.arkavevr.com – a gaming platform that brings the most immersive Virtual Reality experience to Location Based venues with a highly scalable business model.
Arkave VR has a flagship store in Brazil, two Arenas in the United States, a flagship store being built in Canada and is being sold through a network of distributors that will focus on the thousands of Family Entertainment Centre’s throughout North America, in constant search for innovative attractions.
YDreams Global – www.ydreamsglobal.com – have developed over 1,300 interactive experiences for clients all over the world such as Disney, NBA, Adidas, Cisco, Nokia, Nike, Mercedes Benz, Coca-Cola, Santander, AmBev, Qualcomm, Unilever, City of Rio and Fiat.
YDreams Global has generated over 24 Million CAD in Revenues in past 7 Years.
Game On Festival – www.gameonfestival.com – is a new event under development by the Company that combines eSports Tournaments with a large Interactive Exhibition about the videogame industry and its history.