why did we invest in Falco?
Our decision to invest in Falco was driven by several compelling factors that position them as a prominent player in the blockchain gaming industry. As a blockchain gaming publisher, Falco partners with mature game companies, providing them with a comprehensive range of services to successfully launch their games. These services include marketing and community building, blockchain technology integration, project management, economy design, and financing.
One of the key strengths of Falco lies in its exceptional team, which brings together individuals with diverse and multidisciplinary skills. Luiz Piccini, one of the co-founders, has a background in mobile gaming and has worked as a Game Director for new games at Wildlife Studios, having successfully launched games in Wildlife to over 100 million users worldwide. Alessandro Rosa, another team member, has experience in supply chain management at P&G before joining Wildlife to oversee growth from an early stage, and has contributed to the success of Wildlife by focusing on user acquisition, App Store Optimization, and Community Management, while also playing a role in the blockchain gaming initiative. Ricardo, with over 15 years of experience in the gaming industry, contributes his expertise to the team as well, including launching Star Wars games worldwide while working at LucasFilms, as well as developing games for mobile, PC, and Android platforms.
The market for gaming is vast and rapidly expanding, reaching an estimated 3 billion people worldwide. With a market size approaching $200 billion, the gaming industry has surpassed the combined revenue of the movies and music industries. Moreover, the gaming market is experiencing a high growth rate, with a compound annual growth rate (CAGR) of 9%, outpacing the growth rates of the music and film industries.
The Harvest, a game published by Falco, has garnered recognition in the form of The Games' Choice Award, which is bestowed upon the favorite game among game studios. This recognition highlights the quality and appeal of the games published by Falco, further solidifying their position in the industry.
In conclusion, our investment in Falco is driven by their strong position within the blockchain gaming industry. With a talented team, notable achievements, and a rapidly growing market, Falco has the potential to become a significant player in the gaming space. We are excited to support Falco as they continue to innovate and capitalize on the opportunities presented by the next generation of games.