|Description||Social games for Spain & Latam|
|Seed, 9/2012 |
Faraday Venture Partners
Playspace is a Gaming Startup that develops social online gaming products, primarily targeted for Spain and Latam.
Playspace develops multiplayer online games in three different flavors:
Playspace develops “Hyper-localized” multiplayer games: we have the capacity to develop popular traditional custom games that are played in specific regions or countries.
Playspace has a “freemium” business model supported by several ancillary revenue streams.
Freemium model: Users can download the games for free, however, a premium is charged for advanced features and functionalities.
Revenue streams come from: