2023-9-30 16:59 |
Epic Games, the company behind the popular video game Fortnite, announced that it would be laying off some of its employees due to expenses exceeding revenue origin »
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The game's growth is now primarily driven by creator content, meaning lower revenue for Epic as the revenue is shared around more.
2023-9-29 11:33 | |
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Major fundraisers across the United States had to be cancelled, causing them to lose massive amounts of tickets and revenue that would have been generated by the events. Organizations backed by government contracts feared the repercussions of the epic loss once the fiscal year ended.
2020-11-27 12:40 | |
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If "Fortnite fatigue" is really fake and the game isn't bleeding revenue, Epic Games could prove it ridiculously easily. So why won't they? The post If ‘Fortnite Fatigue’ Is Fake, Epic Games Picked a Dumb Way to Prove It appeared first on CCN.com
2020-2-29 20:44 | |
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Over the course of 2019, Fortnite only brought in $1.8 billion, a drop of 25%. Of course, $1.8 billion is still a lot of money, but the drop should be worrying Epic. The post Fortnite’s 25% Revenue Plunge Is a Terrible Omen for Epic Games appeared first on CCN.com
2020-1-3 04:14 | |
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Bitcoin prices are still extremely volatile and, as we saw at the weekend, experience wild swings in both directions. This trend is likely to continue until distribution evens out and is not as ‘top heavy’.
2019-10-29 17:00 | |
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Most cyberattacks in the crypto space involve hackers finding a way around the security of crypto exchange platforms and gaining access to users’ funds. Last year saw the entry of a new breed of cyber extortionists that seems to be gaining ground, so much so that they were able to steal over $300,000 in bitcoin (BTC) tokens in 2018.
2019-3-1 18:10 | |
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With the release of The Division 2, Ubisoft is officially jumping ship. After having a relatively cozy relationship with Valve’s industry standard, Steam, the Canadian company is now moving to Epic’s newly-launched storefront.
2019-1-11 23:11 | |
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Discord announced a few days ago it would be offering a new revenue split for indie developers who want to debut their games on the Discord store — and it’s hard not to take the numbers as a thumb in the eye of both Steam and Epic Games.
2018-12-17 21:24 | |
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Last week, Fortnite creator Epic Games announced it was creating its own store, in direct competition with Valve’s Steam store. As part of its incentive, it was using a new revenue sharing model, in which it would keep only 12 percent of revenue, as opposed to the industry standard of 30.
2018-12-11 01:35 | |
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As promised, publisher Epic Games has thrown open the doors to its online store today, with a small selection of PC games on its shelves. The Fortnite developer is hoping to take on Valve’s popular Steam store with its new shop, but it won’t be an easy run.
2018-12-7 07:37 | |
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Epic Games, the company behind the wildly successful Fortnite, today revealed it’s opening its own digital game storefront. The new store will offer developers an 88 percent share of revenue, in contrast to Valve’s industry-standard 70 percent.
2018-12-4 20:49 | |
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One kind of token model that has become popular among many recent token sale projects is the “network medium of exchange token”. The general pitch for this kind of token goes as follows. We, the developers, build a network, and this network allows you to do new cool stuff.
2018-7-21 23:03 | |
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CoinDCX, a top Indian cryptocurrency exchange, is slashing 12% of its staff as a prolonged bear market and the nation’s tax policies impact revenue. Founded in 2018 by Neeraj Khandelwal and Sumit Gupta, the Mumbai-based cryptocurrency exchange employs approximately 590…
Dapper Labs announces layoffs of 51 colleagues in a bid to ensure a lean and innovative future. This comes as the second round of lay-offs within a years time.
The crippling crypto winter has necessitated massive layoffs across all industry sectors. But despite those, the employment rate has hit a record high this year. Crypto winter not slowing down Web3 projects Since the beginning of the crypto winter earlier…