StockNews.AI
NCTY
StockNews.AI
8 hrs

The9 GameFi Platform the9bit Hits 1 Million Users

1. The9's GameFi platform, the9bit, reached 1 million users in under a month. 2. The platform offers rewards combining Web2 gaming and Web3 technology. 3. Web3.5 integration could disrupt traditional gaming experiences. 4. The9 aims for significant expansion in diversified high-tech internet opportunities. 5. Tokenized rewards can enhance player engagement and monetization strategies.

4m saved
Insight
Article

FAQ

Why Bullish?

The rapid user adoption of the9bit indicates a strong market demand. Historical cases show that platforms with rapid growth tend to attract investor interest.

How important is it?

User growth on the9bit can lead to increased revenue potential and investor confidence. The blending of gaming with financial rewards enhances its attractiveness in the market.

Why Short Term?

Initial user traction may affect stock prices quickly, but sustained impact depends on long-term execution. Similar trends in tech often see short-term spikes following announcements.

Related Companies

, /PRNewswire/ -- The9 Limited (Nasdaq: NCTY) today announced that the9bit, The9 GameFi platform that turns game purchase into rewarding experiences, has surpassed 1 million users in less than one month since its launch. Quote from Martin Hoon, Head of Web3, The9 Limited "We extend sincere thanks to its users for their continued support, which has been key to this rapid success. the9bit focuses on Web2 game players and rewards them are through Web3. We will send out the solid Web3 rewards to game players very soon. It is a perfect combination of game, player and finance. It is the beginning of our brand new Web3.5 spirit disrupting the traditional web2 gaming." About the9bit the9bit is a next-generation gaming platform where players can get games including AAA IP console games and mobile titles, complete daily missions, watch ads, post content, and lead communities — all while earning flexible, token-convertible points. It combines a simple Web2 UX with a powerful Web3 engine under the hood: auto-generated wallets, local fiat support, optional KYC, and built-in creator tools make it easy for anyone to join. Visit the9bit.com for more information. About The9 Limited The9 Limited (The9) is an Internet company listed on Nasdaq in 2004. The9 is committed to becoming a global diversified high-tech Internet company and is engaged in online games operation and Bitcoin mining business. SOURCE The9 Limited WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

Related News