Smartphone maker Rokit launches $50 million sport improvement fund

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Smartphone maker Rokit has launched a $50 million sport improvement fund to assist indie builders. 

The ‘Rokit Video games Restricted’ fund will act as each an angel investor and hole investor for startup sport devs engaged on cell and console initiatives. It should ask for fairness in change for financing, and can grant profitable candidates as much as $500,000 in funding. 

Past allotting {dollars}, Rokit claims it will likely be capable of present a platform for any cell video games it funds by importing them onto its vary of smartphones, and selling them via its content material community. 

These seeking to make use of this system might want to strategy Rokit with a marketing strategy that’ll be reviewed by the Rokit board, or attend one of many ‘pitchfests’ being organized by the corporate with the intention to unearth “excellent video games.”

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