Published: Sept. 2, 2017, 9 a.m.
Sergey Sholom. As a teenager, he was a championship-level gamer and created the first large gamer group called S-port Tournaments in Russia for Quake. After getting his PhD in mathematical modeling, Sergey founded Datcroft Games LTD in 2004. Over the past 13 years, the company has developed multiple worldwide popular games with millions of users. He continues to oversee a company with over a hundred employees and continues to bring new cutting edge games to the market. Their latest game called Pixel Wars which will be released in the summer of 2017, has already received critical acclaim and will become the game changer in mobile eSport.
Famous Five:
- Favorite Book? \u2013 Richard Branson\u2019s
- What CEO do you follow? \u2013 N/A
- Favorite online tool? \u2014 N/A
- How many hours of sleep do you get?\u2014 4-5
- If you could let your 20-year old self, know one thing, what would it be? \u2013 \u201cPush more\u201d
\xa0
Time Stamped Show Notes:
- 04:03 \u2013 The company was launched in 2004
- 04:29 \u2013 The make free games that sell virtual items\u2014that\u2019s where the company gets it\u2019s revenue
- 04:43 \u2013 Around 5% of players buy virtual items
- 05:20 \u2013 Sergey had no revenue for the first 2 years of his company
- 05:58 \u2013 Sergey supported himself from other businesses
- 06:01 \u2013 His newest game has been in development for more than 2 years
- 06:13 \u2013 The team has 150 people with offices in 4 countries
- 07:34 \u2013 Datcroft Games had an 8-digit revenue in 2016
- 09:00 \u2013 Cryptocurrency helped Gamecredits to monetize their audience
- 09:20 \u2013 Sergey wants to prove game developers that more revenue can come from crypto
- 10:05 \u2013 Gamecredits is preparing to enter the Indian market
- 10:46 \u2013 Sergey believes that Apple promoting your game is just an extra advantage
- 11:35 \u2013 The number of followers that the Gamecredits store has
- 12:05 \u2013 Gamecredits is using its existing coin which has been on the market for 3 years already
- 12:34 \u2013 Gamecredits has been running the most successful crowd sale in the market
- 13:19 \u2013 Gamecredits will put 26.5 M crypto in marketing
- 14:17 \u2013 Sergey will have a way to exchange their coin in dollars
- 14:43 \u2013 Different cryptocurrencies are being put in Gamecredits
- 15:11 \u2013 Sergey is proud that they\u2019re able to run a real crowd sale with almost 10K crypto investors
- 15:23 \u2013 Not all ICOs are able to do that
- 15:34 \u2013 Gamecredits was able to raise capital from 4 tokens including bitcoin, ethereum, waves and gamecredits
- 16:05 \u2013 Gamecredits current tokens are mobilego tokens and their own gamecredits token
- 16:51 \u2013 The market is tremendous and the future community will be much bigger
- 17:46 \u2013 Apple and Google are for profit companies and Gamecredits is a non-profit
- 20:00 \u2013 The Famous Five
\xa0
3 Key Points:
- It\u2019s possible for a gaming platform to penetrate the cryptocurrency market.
- The cryptocurrency market has been growing significantly, increasing opportunities for different investments.
- As a non-profit business, your focus needs to be on the change you can create, not the contributions you can earn.
\xa0
Resources Mentioned:
- Simplero \u2013 The easiest way to launch your own membership course like the big influencers do but at 1/10th the cost.
- The Top Inbox \u2013 The site Nathan uses to schedule emails to be sent later, set reminders in inbox, track opens, and follow-up with email sequences
- GetLatka - Database of all B2B SaaS companies who have been on my show including their revenue, CAC, churn, ARPU and more
- Klipfolio \u2013 Track your business performance across all departments for FREE
- Hotjar \u2013 Nathan uses Hotjar to track what you\u2019re doing on this site. He gets a video of each user visit like where they clicked and scrolled to make the site a better experience
- Acuity Scheduling \u2013 Nathan uses Acuity to schedule his podcast interviews and appointments
- Host Gator\u2013 The site Nathan uses to buy his domain names and hosting for the cheapest price possible
- Audible\u2013 Nathan uses Audible when he\u2019s driving from Austin to San Antonio (1.5-hour drive) to listen to audio books
Show Notes provided by Mallard Creatives