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YDX Innovation Corp (2)
Symbol YDX
Shares Issued 28,527,537
Close 2021-02-01 C$ 0.18
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YDX Innovation creates Render USA

2021-02-01 08:29 ET - News Release

Mr. Daniel Japiassu reports

YDX INNOVATION CORP EXPANDS WITH LAUNCH OF RENDER USA

YDX Innovation Corp. has expanded into the United States with the launch of Render USA LLC. Render USA represents the expansion of Render.GG, the United Kingdom operations of the business.

"This step into the U.S. market represents execution of our playbook to accommodate key resources and contracts," says Kyle Sarwal, chief scientific officer of YDX. "By forming an entity in the U.S., Render USA can now qualify to take on some larger corporate accounts that we simply wouldn't be eligible for through our U.K. entity. Additionally, most of our staffing and client base exists in the U.S., so we prefer to operate with corporate structure to better align with these relationships."

YouTube is the second-most visited site in the world where people watch an average of five billion videos every day. There are more than 31 million YouTube channels out there and the number of creators earning five figures per year jumped 35 per cent, while those earning six figures increased by 45 per cent. An impressive 73 per cent of U.S. adults use YouTube with more than 16 per cent of all YouTube site traffic coming from the U.S., with nearly half of all the over 10 million channels are from the U.S.

"Looking at the numbers, it's clear that the U.S. is a key market for Render and our first move is to expand our presence in the country. Most YouTube channels that are generating revenues work through a management agency, our presence in the USA will facilitates a relationship with those agencies and allow an exponential growth," stated Daniel Japiassu, chief executive officer of YDX Innovation. "This move will go a long way in helping Render secure clients, partnerships and talent in the U.S.," says Jeff Mashregi, vice-president of operations of YDX. "There are a number of opportunities which have presented themselves very quickly and have already entered the final negotiation stage, so we know the demand is high. We are all very excited and should have some positive news to release in the days and weeks to come."

About YDX Innovation Corp.

YDX Innovation is a global leader in the commercialization of immersive new technologies that incorporate virtual reality, augmented reality, e-sports and gaming. Its core business seeks to monetize through licensing its IP, developing interactive exhibitions, and through e-sports tournaments and content.

Arkave VR Arena is a proprietary gaming platform that brings location-based virtual reality to any location-based event or entertainment centre. Arkave features state-of-the-art free roam technology coupled with a vast library of both in-house and third party games.

YDreams Global has developed over 2,000 interactive and immersive experiences for some of the largest global brands including Disney, NBA, Adidas, Cisco, Nokia, Nike, Mercedes-Benz, Coca-Cola, Santander, AB InBev, Qualcomm, Unilever, Fiat and the City of Rio de Janeiro.

Beat Gaming is an industry-leading e-sports company that has organized internationally recognized events such as the Dota 2, Overwatch and PUBG Beat Invitational. Since its creation, Beat has organized over 30 professional and semi-pro e-sports events, which has reached over 40 million viewers globally.

Purple Mage Advisors is a research and data analysis firm that specializes in player recruitment and development in the gaming industry. PMA helps e-sports and gaming companies with industry reports, player recruitment, player training, data analysis and relevant statistical reporting.

Render is a professional video production studio specializing in crafting video content for YouTubers, streamers, teams and brands. Render is highly specialized in gaming content, but also works with a wide variety of digital media.

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