Voodoo Purchases BeReal Social Media for €500M

Voodoo Purchases BeReal Social Media for €500M

Play To Earn Games | 19 Jun 2024 23:45 UTC

Voodoo Acquires BeReal: A Game-Changing Move in the Social Media World

Voodoo, a leading mobile games publisher, has recently made a strategic move that has caught the attention of the tech world. In an effort to diversify its portfolio, Voodoo has acquired BeReal, a Gen Z-focused social media platform, for a whopping €500 million. This move signifies Voodoo's expansion into consumer apps beyond its traditional mobile gaming stronghold, opening up new avenues for growth and innovation.

Voodoo Acquires Social Media Platform BeReal

Founded in 2013, Voodoo has established itself as a powerhouse in the mobile gaming industry, with a massive user base and a strong presence in the global market. With over 7 billion downloads and more than 150 million active users, Voodoo is ranked as the third-largest mobile publisher worldwide, following tech giants like Google and Meta.

Known for popular titles like Helix Jump and Block Jam 3D, Voodoo has now set its sights on expanding its reach into the social media sphere with the acquisition of BeReal. By leveraging its expertise in product strategy and growth, Voodoo aims to enhance BeReal's platform and user experience, paving the way for a new era of authentic social networking.

Over 7 Billion Downloads

BeReal: Revolutionizing Social Media

BeReal, founded in 2019, has made waves in the social media landscape by prioritizing authentic connections and real-time experiences over curated content and superficial metrics. The app encourages users to share unfiltered moments from their lives within a narrow time frame, fostering a culture of genuineness and spontaneity.

In 2022, BeReal's popularity soared, making it the #1 social networking app on the Apple App Store and earning it the coveted title of iPhone 'App of the Year' in Apple's App Store Awards. With a user base of over 40 million, BeReal has captured the hearts of users in the USA, Japan, and France, with half of its users engaging with the app on a regular basis.

BeReal Screenshots

A New Era of Growth with Voodoo's Support

BeReal finds itself at a crucial juncture, poised for rapid expansion with Voodoo's backing. With Voodoo's resources and expertise, BeReal will focus on introducing new features and reaching a wider audience through organic and paid marketing initiatives. The synergy between the two companies is set to drive BeReal towards sustainable growth and enhanced user engagement.

Alexis Barreyat, BeReal's founder and CEO, expressed his optimism about the collaboration, highlighting Voodoo's track record in scaling mobile products and driving growth. With Voodoo's Aymeric Roffé taking the helm as BeReal's new CEO, the future looks bright for this innovative social media platform.

Voodoo Latest Releases

Implications for Blockchain Gaming

As the worlds of social media and blockchain gaming converge, the acquisition of BeReal by Voodoo holds significant implications for the blockchain gaming sector. By integrating BeReal's focus on authenticity with Voodoo's expertise in mobile gaming and blockchain technology, new opportunities emerge for introducing authentic social interactions within blockchain games.

This strategic move positions Voodoo as a prominent player in the intersection of social media and blockchain gaming, promising innovative solutions and enhanced user experiences in the evolving landscape of digital entertainment.

Voodoo Case Studies

Final Thoughts

Voodoo's acquisition of BeReal marks a significant milestone for both companies, signaling a new chapter of growth and innovation in the social media realm. With Voodoo's expertise and BeReal's authenticity, the future looks promising for creating meaningful connections and immersive experiences for users worldwide.

For more information about Voodoo's latest ventures and products, visit their website. Stay tuned for exciting updates and developments from Voodoo and BeReal as they embark on this transformative journey together.

Want to stay updated about Play-To-Earn Games?

Join our weekly newsletter now.

See All
WIF Solana Memecoin and Ethereum ENS Surge 45% - Is an Altcoin Boom Imminent?

WIF Solana Memecoin and Ethereum ENS Surge 45% - Is an Altcoin Boom Imminent?

Riding the Altcoin Wave: A New Era in Cryptocurrency As we immerse ourselves deeper into the digital age, the cryptocurrency realm consistently gifts us with thrilling rides through its volatile waves, particularly when it comes to altcoins Recently, two prominent names have stolen the spotlight with their commendable surges— the charismatic Dogwifhat (WIF) from the Solana blockchain and the innovative Ethereum Name Service (ENS) based on Ethereum Both projects have notched up rallies surpassing 45%, heralding a prosperous season for altcoins But while these digital assets bask in their glory, a dark horse by the name of RCO Finance (RCOF) is meticulously carving a pathway to potentially eclipse them with its trailblazing AI-powered DeFi platform Dogwifhat (WIF) and Ethereum Name Service (ENS): The Spotlight Stealers Dogwifhat (WIF), a darling of the Solana ecosystem, has experienced a remarkable appreciation of 45% over the last week, pushing its market capitalization north of $2 billion...

Read more
Peter Thiel's Investment Spearheads $85M in Startup Focused on Sentient AI

Peter Thiel's Investment Spearheads $85M in Startup Focused on Sentient AI

The Next Frontier in AI: Open-Source Development Gets a Major Boost The world of artificial intelligence is on the brink of a significant revolution, with a recent announcement shining a spotlight on the future of AI development An $85 million seed investment, led by notable entities such as Peter Thiel’s Founders Fund, alongside Pantera Capital and Framework Ventures, is set to empower Sentient, an innovative open-source AI development platform This move marks a pivotal step toward creating an ecosystem where AI developers can not only share but also profit from their models and data Evolving Open-Source AI At the heart of this investment is a response to the growing concerns around the monopolization of AI technologies by a few powerful entities through closed-source systems Sentient aims to challenge this status quo by enhancing the open-source landscape, thereby offering developers a chance to become key players in the AI field...

Read more
Eldarune Unveils Updated War of Elements Version and Hosts New Tournament

Eldarune Unveils Updated War of Elements Version and Hosts New Tournament

Welcome to the Ultimate Medieval Adventure: Get Ready for the New World of Elymnias If you've ever dreamed about diving into a realm brimming with knights, magic, and quests, but with a modern twist, then listen up Eldarune, one of the coolest names in the web3 gaming space, has rolled out an eagerly awaited update for its flagship title, World of Elymnias (WoE) But that’s not all; they’re upping the ante with a series of heart-pounding tournaments ready to challenge the community and crown champions among the players Fuelled by DIGA Labs and powered by the robust backing of Digard, Eldarune is soaring the flag of innovation in the sky of the blockchain gaming universe...

Read more

Play To Earn Games: Best Blockchain Game List For NFTs and Crypto

Play-to-Earn Game List
No obligationsFree to use