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Tuesday, July 23, 2024

Sweden’s social gaming app Wasder is acquired by German web3 gaming startup Spielworks

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Stockholm-based Web3-powered social gaming app Wasder has recently been acquired by Spielworks, a prominent German Web3 gaming startup. Wasder is known for fostering an inclusive gaming community while Spielworks specializes in creating a comprehensive gaming ecosystem integrating blockchain benefits into mass-market gaming. This strategic acquisition aims to integrate Wasder into Spielworks’s Wombat ecosystem, thereby solidifying connections between games, players, and digital asset trades, fostering a more dynamic and interconnected gaming community. Spielworks sees this acquisition as pivotal in transforming their platform into a comprehensive gaming ecosystem, leveraging the expertise of both companies to set new standards in Web3 gaming, focusing on ease of use, content richness, and accessibility to cater to the diverse needs of gamers.

Wasder is a gamified social gaming platform that operates as a Web3-powered app. It allows players to interact, connect with others, explore various games, and earn rewards. Wasder has gained recognition for its innovative approach to enhancing both Web3 and mainstream games by offering seasonal boosts, battle passes, and engaging features such as content sharing, matchmaking, and chat functionalities. The platform aims to create an inclusive global gaming community open to everyone, regardless of their gaming preferences or background.

In a strategic move inspired by successful models such as Epic Games, Spielworks aims to integrate Wasder’s social foundation into the Wombat ecosystem. This initiative aims to strengthen connections among games, players, and digital asset trades, creating a dynamic and cohesive gaming community.

Spielworks envisions the acquisition as a transformative step towards becoming a full-service ecosystem catering to the diverse needs of modern-day gamers. The addition of Wasder to its suite will enable the company to create unparalleled in-app interactivity in its Wombat app, fostering a more robust social hub for players.

Adrian Krion, CEO of Spielworks, shares his excitement about the collaboration, stating, “We have always envisioned Wombat as a place of connectivity and discovery. With the acquisition of AtomicHub a few months ago and now Wasder, we’ve added the missing pieces to our complete Web3 gaming ecosystem and grew it to exceed 7 million users.”

Above all, both companies’ combined expertise in engaging gaming audiences is set to create a new standard in many areas that Web3 games have been consistently struggling with so far, including ease of use, richness in content, accessibility and many more.

Thomas Grønnevik, CEO & Founder of Wasder, expresses equal enthusiasm about the acquisition. “Building Wasder over the last 6 years has been one of the big honors of my life. It feels good to see what we have built being taken over by an experienced team with a proven track record – who believes in creating fun, inclusive, and rewarding player experiences.”

Click here to read more M&A news.

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Nurcin Metingil
Nurcin Metingil
A permanent student, a passionate first reader and nowadays doing master’s degree in Publishing Management. Beside these, I am up for games! I have been playing games since I was 6. Now, I am whispering "Business. Business. Numbers. Is this working?"

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