Filipino Tech Startup Looks to Get Into NFTs, Blockchain Gaming; Appoints New President and Co-Founder
Filipino tech startup Nexplay announced that it has appointed a president and co-founder who is expected to lead the esports ecosystem company in its expansion and latest funding round.
Miguel Bernas, who is also an early investor of Nexplay, is a 25-year veteran of the media and entertainment business, having worked with MTV, CNBC, Singapore’s Mediacorp, and digital media pioneer Yahoo! He has also led marketing teams in global and the Asia Pacific roles at Nokia, Singtel and PayPal. At Nexplay, Bernas will lead strategy and corporate governance, as well as spearhead fundraising as the company prepares for its Series A investment round.
Nexplay says it is already operationally profitable with revenues growing at 150 percent year-on-year. With Bernas at the helm, the company aims expand into Web3.0, NFTs and blockchain gaming.
The company runs a mobile streaming app paired with an ecommerce site that sells products to gamers. It also has a talent acquisition and management vertical, which signs gamers and influencers, as well as an arm that has only recently started organizing and hosting tournaments.
“The games industry in the region and in the Philippines is at an inflection point,” said Bernas. “Aside from further expanding our esports ecosystem, we also plan to venture into the high-growth area of Web3.0, NFTs and blockchain gaming. In the same way that games leaped from arcades to the home, from desktop devices to mobile handsets and from offline to online, blockchain technology will be the next revolution in gaming.”
“Miguel has been part of our team, backing us when all we had was a prototype and being one of our earliest investors,” said Gabriel Benito, CEO and Founder of Nexplay. “To have him step up into a more active role and bring his global media experience to Nexplay will be a huge benefit to the team.”
Already operationally profitable with revenues growing at 150 percent year-on-year, Bernas said Nexplay “is looking to bolster its esports ecosystem and enhance its professional esports teams and content creator offerings to brands and advertisers.”