Glance, a lock screen platform that delivers personalized content in multiple languages, has acquired Indian gaming company Gambit to accelerate its efforts to build the "biggest platform for NFT-based live gaming experiences for Gen-Z."
The Singapore-based company wrote in a press release that with the deal it wants to launch "highly engaging live gaming experiences." Glance added:
In the coming quarters, Glance also plans to launch NFTs in live gaming. This will potentially enable creators, streamers and developers to monetize through assets and NFT-based game creation, while giving gamers unique experiences that they love.
Backed by Google and Mithril Capital, Glance made a move toward the market of non-fungible tokens after it had raised $200 million in February this year from Jio Platforms to accelerate its global expansion. It remains unclear though how exactly the platform is planning to use NFTs within its business model.
Founded in 2019, Glance basically delivers AI-driven content on the lock screen of Android smartphones. As of December 2021, the platform had 173 million active users.