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YDX Innovation Corp (2)
Symbol YDX
Shares Issued 34,615,763
Close 2021-02-18 C$ 0.14
Recent Sedar Documents

YDX receives extension to deal with Mobapool

2021-02-18 09:10 ET - News Release

Mr. Daniel Japiassu reports

YDX INNOVATION'S PMA EXTENDS CONTRACT WITH MOBAPOOL

YDX Innovation Corp. has been awarded a contract extension for future Mobapool tournaments. The Purple Mage metric (PMM) was used for the first time in correspondence with the Feb. 13 Mobapool tournament, and has impressed the tournament organizers and the e-sports competitors.

The PMM allows the audience to obtain a sense of what players have a higher rating according to the data points calculated in the metric. People can use the PMM as a benchmark to compare the game play of their favourite League of Legends players. "It is important for the audience to gauge how their favourite e-sport athletes compare against their competition. The PMM is pushing to become the industry standard measure of player performance across e-sports," said Kevin Schoenewolf, the senior vice-president of operations at Purple Mage. "The Mobapool contract brings in a revenue potential of up to $50,000 per year adding to the recent string of contracts signed by Purple Mage."

The PMM uses live in-game data to rate player efficiency across multiple game titles with the goal of becoming the industry-standard ranking system in e-sports. The PMM for League of Legends is taken from live in-game data and calculated based on kills, deaths, assists, wins, losses, creep score and other important League of Legends data points.

"The extension of the relationship with Mobapool after our first tournament validates the PMM and what it can do for tournaments and gamers. It proves the appetite from the gaming industry for innovative metrics and data analysis, both areas where Purple Mage shines. We are happy with the results from our first project and see in Mobapool a long-term partner for many tournaments to come," commented Daniel Japiassu, chief executive officer of YDX Innovation.

Mobapool is a mobile application that lets the audience vote on head-to-head winners for in-game prizes. The PMM was displayed for each player in the tournament giving the opportunity for the audience to view which player was more efficient based on previous in-game data.

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 intellectual property, developing interactive exhibitions, and through e-sports tournaments and content.

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