OkLetsPlay protects one million dollar seed investment from RTE
DUBAI, UAE/ PRNewswire/– OkLetsPlay, the leading platform for esports cash matches and tournaments, protected a one million dollar seed financial investment from worldwide player Riva Technology and Entertainment Limited. This financial investment speeds up OkLetsPlay’s development by allowing the growth of its platform and user base. RTE will have a significant minority stake in OkLetsPlay, and Paul Roy, CEO of RTE, will join OkLetsPlay’s board of directors, brings more than 25 years of experience in gaming, and an ingenious worldwide mindset to the quickly developing market.
” With this investment from RIVA Technology and Home Entertainment, OkLetsPlay is well-positioned to make a huge splash in the genuine cash esports tournament market for both hyper-casual mobile and web video gaming as well as the hardcore competitive PC esports scene. RTE’s financial investment and international market connections will enhance OkLetsPlay’s patented tech and service platform onto the main phase all over the world,” stated Russell M. Aleksey, Founder, and CEO of OKLetsPlay.
OkLetsPlay’s peer-based digital video gaming competitors support hyper-casual and hardcore competitive PC, mobile, and other video games and video gaming platforms. Today, OkLetsPlay supports 2 of the greatest game titles in competitive eSports, League of Legends & CS: GO, permitting users to compete or organize real money competitions in a seamless and safe experience. The platform was built on the belief that the competitive esports scene, in addition to its neighborhood of passionate gamers and developers, are ready to take the next step in competitors and into the cash video gaming world. The team behind OkLetsPlay patented and built an out-of-game tech with this belief in mind and are all set to bring the platform to the world.
” The team at OkLetsPlay built a wonderful platform, have protected patents around the amazing tech they are utilizing, and we understand they comprehend the genuine money video gaming industry– a market we at RTE think will be the next big thing. And part of RTE’s vision is constantly to innovate and speed up an excellent possible, this financial investment will include access to RTE’s worldwide network and experience,” included Paul Roy, CEO of RTE.
OkLetsPlay is a U.S.-based business with provided patents for real cash esports competition and peers based digital gaming competitions, which support hyper-casual and hardcore competitive PC, mobile and other video games, and video gaming platforms.
About Riva Technology and Entertainment:.
Established in 2002, with a worldwide presence extending from the USA to East Asia, RTE has actually successfully been delivering the vision of tomorrow for over near 20 years. RTE’s group of companies hold an industry advantage in their ability to take every task from idea to execution; all housed under one roofing. The complementary companies cover location-based home entertainment, brand name and Intellectual Home licensing, content advancement, consumer items, video gaming, and esports.
SOURCE Riva Innovation and Entertainment.
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