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Xerial Partners with Sequence for Enhanced Web3 Gaming Expansion in Latin America
Reinout te Brake | 10 Jul 2024 12:23 UTC
Sequence Expands Global Presence with Xerial
In a landmark move set to revolutionize the way we experience blockchain gaming, a strategic partnership has been cemented between Sequence and Xerial, a notable force in the blockchain gaming infrastructure space within Latin America. This merger heralds a wave of opportunities, not just for the companies involved but for game developers across the globe who are keen on leveraging web3 technologies to enhance player experiences. With Xerial's deep-rooted expertise and established connections within the Latin American gaming scene, Sequence is poised to supercharge its growth and extend unparalleled support to the vibrant web3 gaming ecosystem flourishing in the region.
The Burgeoning Gaming Scene in Latin America
Latin America's gaming industry is on a steadfast ascent, buoyed by a youthful demographic and increasing internet penetration across the region. In 2023, the gaming sector in LATAM burgeoned to a whopping $3.6 billion valuation, a significant leap from $2.23 billion in 2018. Leading this charge is Mexico, closely followed by Brazil, with a keen focus on the ever-popular mobile gaming genre. This sector is projected to witness a growth spurt, with revenues expected to scale from $2.67 billion in 2023 to an impressive $4.31 billion by 2028.
This surge is largely attributed to the pervasive preference for free-to-play models and mobile gaming. These preferences are driven by the prohibitive costs of conventional gaming consoles and titles, coupled with the widespread accessibility of smartphones. Despite facing hurdles such as economic instability and infrastructural challenges, Latin America is home to an increasing number of gaming studios and publishers. Brazil, in particular, stands out for its hefty contribution to both the number of gamers and the revenue generated within the sector.
Sequence and Xerial: A Symbiotic Fusion
Sequence, having already made its mark across North America, EMEA, and APAC, is set to further its reach into Latin America by integrating Xerial's seasoned team into its fold. This melding of talents and resources is aimed at providing comprehensive support to Spanish-speaking developers, thereby enhancing Sequence's offerings in the web3 infrastructure space. This stride aligns perfectly with the soaring demand for Sequence's innovative solutions that tackle the core challenges of player acquisition, retention, and monetization in the gaming sphere.
Enthusiasm for the merger is palpable among the leadership of both entities. Michael Sanders, a co-founder of Sequence, lauds Xerial's invaluable contribution to fostering relationships within the gaming community, emphasizing the shared goal of accelerating the delivery of games to market and ensuring their success. With a united front, the newly formed alliance is dedicated to welcoming fresh talents and games into the Sequence ecosystem, thereby pioneering the next era of gaming.
Final Thoughts
The amalgamation of Xerial into Sequence's operations is a strategic maneuver aimed not only at breaking into new geographical markets but also at refining its service offerings for game developers around the globe. This merger is predicted to catalyze growth for both entities as well as for the broader web3 gaming ecosystem. Santiago Gramajo, now a Business Development Manager at Sequence and formerly co-founder of Xerial, expresses excitement over the merger. He highlights the mutual admiration between the two teams and their shared commitment to empowering game developers in LATAM—and across the world—with cutting-edge solutions. With the combined might of Sequence and Xerial, the goal is to revolutionize player acquisition, retention, and monetization, all while unlocking unprecedented gaming experiences.
More About Sequence
Sequence is at the forefront of web3 game development, offering an all-encompassing platform that caters to the needs of the gaming industry. From seamless onboarding and monetization to fostering growth and retaining players, Sequence's award-winning technology simplifies blockchain complexities. This enables developers to concentrate on creative execution and delivering enthralling gaming experiences. Trusted by a legion of developers and an array of games, Sequence's robust support network includes industry giants such as Take-Two Interactive, Ubisoft, Xsolla, Bitkraft, Brevan Howard, Coinbase, Polygon, among others. For those eager to delve deeper into the world of web3 gaming or to leverage Sequence's innovative solutions, more information is readily available on their website.