SATURDAY, 4 JUL 2020

 

CONNECT

Facebook Linked In Twitter
Compliance_29/01-24/09_728x90px
GloriaJeans_266x90px
IMH LTD

Florence Parly: We Don’t Ignore Turkish Violations In The Exclusive Economic Zone Of Cyprus

Nicos Anastasiades: EU Must Not Be Passive With Turkey’s Aggressive Position

IMH LTD

SERVICES

brought to you by Barclays

Cyprus-Based eSports Training Platform Learn2Play Reaches 1 Million Users in Less Than a Year

Cyprus-Based eSports Training Platform Learn2Play Reaches 1 Million Users in Less Than a Year

eSports startup Learn2Play helps competitive gamers develop their skills using AI and machine learning, through online training schools for popular games including League of Legends and Dota 2. After less than a year of operations, the Cyprus-based startup has now reached 1 million active users – reflecting the explosive growth of the eSports market.

According to EU-Startups, Learn2Play closed its first seed round earlier in 2018, raising €1.8 million from RTP Global, Buran Venture Capital and Chess.com, allowing the team to quickly develop its product. The company is also supported by Microsoft, which has provided Learn2play with expertise, consultation, and cloud resources.

Other learning companies exist in the rapidly growing eSports market, but Learn2Play is the only offering a range of features, including in-game quests, meta statistical data, video lessons, tournaments and post-match analysis. Learn2Play’s users are signed up to either one of its two learning platforms dedicated to Dota 2 and League of Legends. The company operates a freemium model, and is supported by its own marketing agency services for brands looking to advertise within its platforms and events.

There are an estimated 1 billion gamers playing games in the competitive category, having spent over $12 billion in 2017. In 2019 Learn2Play plans to invest in new products to cover three additional games, Fortnite Battle Royale, Counter Strike GO and Clash Royale.

“Video games have become more social and competitive. The prize money in tournaments has surpassed $200 million in 2018. Combined with complexity of competitive games, that creates a demand for learning services that will help gamers to improve faster,” explains Learn2Play Founder and CEO, Maxim Dreval. “We develop our products to deliver a holistic solution. We want the platform to help provide fast improvement to the players, but we also want to build an ecosystem in which gamers feel like they are a part of the eSports environment.”

 

 

MORE ON SERVICES

UCLan Cyprus Goes Online

In line with the announcement of the Ministry of Education, Culture, Sport and Youth of ...

Blue Air Announces Ticket Change Policy

Bearing in mind the recent developments regarding the issue of coronavirus (Covid-19), ...

Cyprus Airways Announces Changes And Cyprus Airways Announces Changes And Measures Due To COVID-19Measures Due To COVID-19

Due to the developments with coronavirus (COVID-19), Cyprus Airways is taking measures ...

FROM AROUND GOLDNEWS

   

Cyprus Innovation Awards Competition 2020

The submission of applications for the Cyprus Innovation Awards Competition 2020 has just begun. If your company, organization or service have successfully ...
   

Florence Parly: We Don’t Ignore Turkish Violations In The Exclusive Economic Zone Of Cyprus

Turkish moves in the Eastern Mediterranean raise concerns, said the French Defence Minister Florence Parly on Thursday, and expressed support to the Republic ...
   

Irina Misca: We Must Strengthen Insolvency Frameworks To Save Firms And Boost Economic Recovery

CITR Cyprus Director and Cyprus Country Coordinator of INSOL Europe, Irina Misca, pointed out the importance of strengthening the local insolvency framework as ...
   

Leptos Estates: Holiday Homes In Greece

The beautiful islands of Crete, Paros and Santorini are expected to become a “hot spot” for holiday homes this year.  Leptos Estates offers ...
   

Moody’s Anticipates Increase In Cyprus Coronavirus-Related Debt To Be Transitory

Moody’s Rating Agency published yesterday a report on Cyprus’ credit and debt profile, stating that “The credit profile of Cyprus (Ba2 ...
   

Nicos Anastasiades To Lay Foundation Stone For Cyprus LNG Import Terminal

In a ceremony on July 9, President of the Republic of Cyprus Nicos Anastasiades will lay the foundation stone of Cyprus LNG Import Terminal, which will pave ...
   

Cyprus Leading Econ Index Foresees Recovery Of Economy

The Cyprus Composite Leading Economic (CCLE) Index, constructed by the University of Cyprus Economic Research Centre and the Hellenic Bank, confirmed the ...
   

Suspended Loan Instalments Rise To €1,31 Billion in June

Following data released by the Central Bank of Cyprus (CBC), from a total of 49,043 borrowers who applied for a loan suspension, 43,046 were for households and ...
 

YOUR COMMENTS

HEADLINES

MOST POPULAR

Expo_29/06-24/09_300x250px
GloriaJeans_300x250px

IMH LTD