We're almost halfway through 2021. Time flies when you are gaming or work at a gaming company (shameless plug for our gaming job board section today). It seems like the first half of the year went by way faster than any of us were ever prepared for, but it's brought about a lot of great things for us all. New games, new movies, and of course, just straight up 🔥 news. What was your favorite thing that happened in May? Let us know on Twitter!
Today's Drop is a ~5 min read.
$GME Plummets While $NVDA Grows
GameStop ($GME) - Unsurprisingly, $GME continues to be volatile in this market environment. On Friday, $GME cooled down its rally falling more than 12%. Despite this drop, the stock had a strong week up ~29% versus the U.S. Market (S&P 500) being flat on the week. From an investor standpoint, r/wallstreetbets are naturally continuing to HODL regardless of the stock's movements, as $GME continues to be one of the favorite Reddit Meme stocks.
NVIDIA ($NVDA) - The company recently released expectations that its cryptocurrency GPU will make upwards of $400 million in the fiscal second quarter. As it continues to provide great graphic cards and other materials for gamers of all types, the stock continues its rally being up~24% YTD (year-to-date) outpacing the U.S. Market by~10%.
Facebook Gaming To Add Monetization Tools
Videos are one of the best sources of income for streamers. Whether they're on Tiktok, Youtube, Twitch, or another platform, video content continues to provide us with entertainment that allows gamers and streamers to get that bread. Up until recently, however, Facebook was not one of the platforms that had the necessary tools to allow gaming streamers a way to make money directly off of the platform.
Facebook is taking steps to help with gamers using the videos on demand 'VoD' feature. These videos generally consist of prerecorded shorts or clips that are posted onto Facebook Gaming, and anyone with a Facebook can view them. The current program in testing allows viewers to send something called 'Stars' to a video whenever they enjoyed it. This feature will give the viewer a small animation, and will also alert the creator of the video that it was done. Creators can have 'Star Goals' that they can track and try to reach monthly, and can communicate directly with viewers that have sent Stars. Stars can be purchased through Facebook, and it seems likely that Stars will be worth something to the creator financially.
Facebook is also testing other methods of monetization. These include 'Live Breaks', which are small ads within the video that are mixed with the gamer content, and the 'Level Up' program, which gives up and coming streamers the tools and help they need to get started to grow their brand and their presence in the gaming worlds. The Level Up program is also currently being extended to multiple other countries to allow for more people to access the tools for advancement.
VALORANT - Sentinels Win 🏆
The Sentinels beat Fnatic 3:0 in the Grand Final of VALORANT Champions Tour 2021: Stage 2 Masters - Reykjavík. The Sentinels started off confidently on the first map, winning the first five rounds. Fnatic was able to close the gap in the score slightly, but they were ultimately taken over when they had the opportunity to win the first map at 13:11 and lost to the force round, letting go of the whole split.
A completely mirrored situation occurred on the second map. Boaster and co. were already in the lead, finishing the first half 8:4. However, a pistol round won in the second half, and a quad-kill by Sick brought the Sentinels back into the game - watch here.
As a result, the Sentinels were able to snatch their victory on the second map 16:14. On the third map, it was clear that Fnatic got a little tired and lost their spirits. The Sentinels were then able to beat Fnatic on Split 13:11, becoming the champions of first international LAN tournament in Valorant.
How much did they win?
1. Sentinels - $200,000
2. Fnatic - $100,000
3. NUTURN Gaming - $80,000
4. Team Liquid - $60,000
5-6. Version1 - $40,000
5-6. Team Vikings - $40,000
7-8. X1o Esports - $25,000
7-8. KRU Esports - $25,000
9-10. Sharks Esports - $15,000
9-10. Crazy Raccoon - $15,000
Twitch Gaming Gathering Summer 2021
Twitch's Gaming Gathering is back and better than ever. In the past, Twitch has held gatherings like this as a massive gaming showcase for all of the newest and coolest in gaming. The content this year is slated to be a mixture of major press conferences such as the Xbox & Bethesda Games Showcase as well as special and exclusive content directly sourced from Twitch. The lineup is one you're not going to want to miss, and includes "Twitch Rivals with some special celebrity participants, a special edition of the popular Twitch gameshow, “Hivemind,’’ and a steady stream of gaming news, exclusive content, special announcements, and industry interviews straight from the streamers who live and breathe gaming every day on Twitch."
The event will also feature a 'Chat Decoder'. This new feature allows the chat to be filtered for questions from the audience so that everyone can participate and get their questions answered.
What about a closing ceremony? Well, the closing event will include awards for the most eventful moments from the entire event. These will be chosen by the different votes and reactions from the chat decoder feature during the event.
Who's going to be there? Twitch has released this lineup, though there will of course be much more than just these:
- Summer Game Fest Kickoff Live
- Devolver Digital
- Netflix Geeked
- Guerrilla Collective
- Wholesome Games
- Frontier Developments
- Amazon Games
- Future Games Show presented by GamesRadar
- PC Gaming Show presented by PC Gamer
- Battlestate Games
- Facepunch Studios
- IO Interactive
- And more will be announced as we get closer to the event
When is it? Mark down June 10th on your calendars, everyone! The event is slated to start then, but more details will release shortly. For more information, check out Twitch's blog post here.
GAMING JOB BOARD
Weekly Jobs - FT & Internships
- UI Engineer - Ubisoft (Remote)
- Game Designer, Battlegrounds Design, Hearthstone - Blizzard Entertainment (Irvine, CA)
- Graphic Designer - GameStop (Minneapolis, MN)
- Fortnite Gameplay Programmer Internship Fall 2021 - Epic Games (Carry, NC)
- Animation Programmer Internship Fall 2021 - Epic Games (Guildford, UK)
Hiring? Contact us to post a job.
We hope you all had a wonderful month of May, and we can't wait to see what June has in store for us!