Sorry but im totally lost re this stock.. So ICI bought 318...

Sorry but im totally lost re this stock..

So ICI bought 318 games for 5mil from another company.. and this Light the Way game is doing good numbers n generating revenue right?

Are shareholders here betting on future games acquired or from the 318 they own to become successes too?
Is that the only revenue stream?

Also, please note as fast as mobile games trend, they get put down as well n IP theft is huge re this industry, esp in SE Asia.. when i lived there, the amount of 'Angry Bird' knockoffs was large..

Is the wager on ICI having an eye for otgers games? Enough capital to acquire games as they begin to trend etc?

As for their current stock of 318 games acquired, i dont believe marketing helps a 'mobile pick up put down' style of game much as the substance is all pretty similar to most.

Also regarding Blockchain,
" iCandy Interactive has announced its support to be a corporate and publishing partner to NITRO project that aims to create a new cryptocurrency that solves ecosystem problems of the US$100billion a year video-game industry"

(not really fair copywrite to suggest the mobile mini app industry has access to disrupting 100bil when that includes PC, console n DLC membership figures)

What does Nitro do exactly with their BC platform that is different from all the other gaming cryptos are doing/trying to do?
How is the blockchain utilised?
Via a permanent ledger to prove ownable digital assets?
Ive read on this quite a bit re GoNetwork n in the advertising realm with BlockVee.. but for small disposable games like mobile pick up n play, the assets u use become less valued as the games themselves are switched between..

Unless NiTRO plans on being the sole crypto across all mobile games?
Thats a big ask..

Thanks for any insight folks, not meaning to be negative but the sell off to me seems alot of holder since Xmas have had a chance to research the game industry n Nitros capabilities or Blockchain in general and are reconsidering their money in one of the fastest changing industries within BC tech.