Earlyworks Enters MoU With Social Finance Limited for Blockchain Game Development; Earlyworks Agrees To Provide GLS; Social Finance Responsible For Plan, Market And Sales
Portfolio Pulse from Benzinga Newsdesk
Earlyworks has signed a Memorandum of Understanding (MoU) with Social Finance Limited to collaborate on blockchain game development. Under the MoU, Earlyworks will provide GLS and technical support, while Social Finance will handle game planning, marketing, sales, and community operations. Revenue sharing will be negotiated for each product.
January 10, 2024 | 1:26 pm
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Earlyworks has entered into a partnership with Social Finance Limited to develop and operate blockchain games, providing GLS and technical support for the projects.
The partnership with Social Finance Limited is likely to be viewed positively by investors as it expands Earlyworks' presence in the blockchain gaming industry. The provision of GLS and technical support by Earlyworks could lead to new revenue streams and growth opportunities. However, the impact on the stock price will depend on the success of the games developed and the terms of revenue sharing.
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