Niantic acquires SpotX games in a move to enter Web3
Niantic has acquired SpotX games alongside the services of its founders in an effort to transition into blockchain gaming.
SpotX Games have published an official statement that its founders are joining Gaming company Niantic, and the Game has also been acquired by the brand. Niantic is a prominent player in the gaming industry and is notable for publishing the renowned Pokémon GO. With this acquisition, the company is making a bold move to transition into the world of blockchain gaming.
SpotX is a gaming project launched this year during the Miami Hack week. Its concept is based on creating an augmented reality scavenger hunt across the city where players earn a first-of-its-kind user-generated NFT showcasing the user’s unique experience.
One of the co-founders of SpotX Games, Traci Levine, commented:
“We were really a hackathon team that built something in a week and then met Niantic the next week, and our lives were changed. When I heard the CTO [of Niantic] was flying to Miami to meet us, that’s when I knew this was real.”
According to the CTO of Niantic, Phil Keslin, when they discovered SpotX Games, it wasn’t even a company. Instead, the initial interaction with Spotx happened because the Niantic team came to Miami to meet women in web3; that’s how they met Levine, who happens to be a member of Web3 Equity - a local organization that helps educate and onboard women onto Web3.
With the improved working condition and funding, the SpotX team is working on launching a game called Myne at a San Francisco conference. However, the team will not be moving to the Niantic base in San Francisco but will continue in Miami because Miami is considered a “hotbed” for Web3.
This onboarding of talents in the blockchain gaming space will herald more innovative projects in the Space from Niantic.