PiP World, a social gaming and edtech company, has acquired Roblox’s highest-grossing stock simulator game, StockRise.
StockRise has seven million plays and Dubai-based PiP World plans to bring them into its blockchain-based play-to-earn ecosystem. The purchase price was not disclosed.
StockRise’s lead developer, Dale Berkove, will also join PiP World’s advisory board. In just three and a half years from grassroots efforts, StockRise has become one of Roblox’s top-grossing stock simulation games seeing a colossal seven million visits, 20,000 game likes and a healthy 10.9 minutes average session
time vs 8.2 minutes for the genre.
“We’re thrilled to welcome Dale and the StockRise community into the PiP World ecosystem. We’re mutually aligned on helping our communities make strides towards financial freedom through better-informed trading,” said PiP World CEO, Saad Bachir Al Naja, in a statement.
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StockRise has more than seven million plays.
StockRise’s trading simulator offers Roblox players a hyper-realistic paper trading experience of stocks and cryptocurrencies. Players can make informed trading decisions within a fun, safe, consequence-free environment and develop practical skills in risk assessment, trading, and maximizing gains, while earning rewards for their time investment.
“I was impressed by PiP World’s experienced team, commitment to quality gameplay, access to resources, and incredible partnerships that will take StockRise to the next phase of growth. I’m delighted to join PiP as an advisor to continue leveling-up traders,” said Berkove in a statement.
