Well this is most definitely a sleeping giant if I've ever seen one. Something is about to go boom... you can feel it. The buy signals are there!
Evidently, the company have been working vigorously toward redeveloping, refining and expanding the Megastar platform by utilizing all of the research findings and feedback from WWT1 with regards to gamification and user interaction.
It's clear that the company have their sights set on monetizing the Megastar platform to
create a clear and sustainable pathway to revenue generation.
It's interesting to point out that RIVA will have worldwide exclusive rights for use of the Megastar IP and platform, specifically for mobile gaming and esports... talk about global reach potential.
Check out some of these articles on projected growth for the esports industry over the next few years... mind boggling!
With its $3 million grand prize, is Fortnite taking esports mainstream?Here’s why esports can become a billion-dollar industry in 2019The Growth Of Esports And The Sponsorship Opportunities For Tomorrow's Brands MSM will receive $2M over the next 4 year period for rights and use of the platform.
I have been a shareholder of MSM since 2017, so I can honestly say that I've watched the company rise and fall under the direction of Dion Sullivan. I see the departure of Sullivan as a saving grace - the company was burning cash left, right and center, and WWT1 had a lackluster promotion and roll out. This ultimately led to a failed execution and less than impressive user adoption and retention figures.
Having witnessed a few minor live stream performance issues throughout WWT1, it's certainly a relief to read that the company are working towards refining, improving and expanding Megastar's features, services and product offerings to maximize user engagement and monetizing opportunities to optimize the user experience.
I'm very excited to hear more about the Megastar India product in development which reportedly has a major emphasis on Cricket. Now, I don't need to go on about how cricket is considered a religion almost by people in India. There is no product on the Indian market quite like this. Paul Roy stated - "Our goal is to unearth the next hidden cricket talent through the MSM platform".
The tide has turned and all the signs are telling me that MSM will be running hard and fast.