CARY, N.C.--(BUSINESS WIRE)--iMagic Games, the game publishing subsidiary of iEntertainment Network Inc. (OTCBB: IENT), and TSS Inc., the developer of acQyr WalletTM, a turnkey loyalty rewards platform for managing and redeeming rewards in US dollars, have signed a partnership agreement to build the GamersCash Network.
Using acQyr Wallet technology, gamers can earn token or cryptocurrency rewards in the games they love to play and then easily exchange those valuable rewards to US Dollars for in-game purchases or spending anywhere MasterCard® is accepted.
For game publishers, the GamersCash Network is an effective marketing tool that increases in-game purchases through cash back rewards and generates a significant new revenue stream for game publishers from players who download the acQyr Wallet.
iMagic Games will be the first publisher to apply this technology in upcoming releases. In partnership with game developer Gamaga, iMagic Games will be launching Red Crimes: Hidden Murders in August 2018 for the audiences of Investigation Discovery TV Network. Red Crimes is a mystery-crime simulation built on a “builder game” system that has already generated tens of millions of downloads during 2017.
iMagic Games is crowdfunding for new investors to participate in the growth of the stock value of the company on SeedInvest at https://bit.ly/2JxTsEt. The Leadership Team expects to grow the company significantly over the next 24 months and get the company stock fully tradable during the same period, ((OTCBB: IENT) the parent company of iMagic Games).
Discovery, Inc. (Nasdaq: DISCA, DISCB, DISCK) is the global leader in real life entertainment, serving a passionate audience of superfans around the world with content that inspires, informs and entertains. For more information, please visit corporate.discovery.com and follow @DiscoveryIncTV across social platforms.
iMagic Games, Inc., Leadership Team has founded two previous successful game companies, MicroProse Software and Interactive Magic, with over 250 successful games published, including the world-famous Sid Meier’s Civilization, F-15 Strike Eagle, WarBirds, and more. Visit www.iMagicGames.com.
Gamaga’s, (www.gamaga.com), early releases have received worldwide recognition, including Banana Kong with over 150 million downloads and Operate Now Hospital, which has been downloaded over 15 million times in its first year of operations.
TSS Inc. (www.acQyrWallet.com) has developed the innovative acQyr Wallet technology used for launching the GamersCash Rewards Network. Market introduction and expansion will begin with iMagic Games in 2018 with the goal of broad online game market penetration through 2019.
Safe Harbor Notice
Certain statements contained herein are "forward-looking statements" (as defined in the Private Securities Litigation Reform Act of 1995). iEntertainment Network, Inc. (IENT) cautions that statements made in this news release constitute forward-looking statements and makes no guarantee of future performance. Actual results could differ materially from current projections or implied results. IENT undertakes no obligation to revise these statements following the date of this news release.