Popular TikTok content creator Michael Lem and tech entrepreneur Robin Defey founded Joystick, a gaming and esports platform designed to empower users to become professional gamers or content creators in the Web3 space, enabling they retain 100% of the revenue.
“To win the game, the game has the potential to change many lives, and the joystick creates a culture around that revolution,” said Lem, 22. “The goal of Joystick is to create an environment where game assets and other brands registered are available. And useful to anyone in the world. The industry is demanding a new model where gamers are more likely to spend their time, and Joystick offers a valuable solution. ”
In an effort by Le to educate traditional gamers and expose them to in-game play, the startup has raised $8 million in seed funding and aims to attract $110 million in Series A funding.
“The growth of win-win games and Web3 has created new revenue potential for gamers,” said Defy, who serves as CEO. “We are revolutionizing this model by giving players the right to pay a flat fee and get 100% of the revenue generated, a significant improvement over the traditional revenue-sharing model used by everyone else. This means that the more players play, without confusion or guile, the more money they make, not us.
The company’s management team includes Paul Ginny, who is CTO and lead developer.
Source: Hollywood Reporter

Camila Luna is a writer at Gossipify, where she covers the latest movies and television series. With a passion for all things entertainment, Camila brings her unique perspective to her writing and offers readers an inside look at the industry. Camila is a graduate from the University of California, Los Angeles (UCLA) with a degree in English and is also a avid movie watcher.