VANCOUVER, BC / ACCESSWIRE / November 17, 2020 / YDX Innovation Corp (TSXV:YDX)(OTC PINK:YDRMF)(FSE:A2PB03) ("YDX" or the "Company"), is pleased to announce that Purple Mage Advisors (PMA), a subsidiary of YDX Innovation, has officially completed its League of Legends (LoL) web-based analytics software and reporting algorithm for generating player-based statistics. The software works by entering a LoL Player ID, time interval and server location. The player data from all the matches within the desired timeframe are exported into a CSV format. PMA uses this data to help esports organizations, betting platforms and game publishers better understand the underlying performance data points of players and teams. This will enable better player recruitment, training, and analysis.
This integration can pull multiple LoL games for a single player ID, along with the match data from their teammates. The data available to PMA is extremely extensive and includes over 100 different data points for each player in each match. PMA takes the raw data and transcribes it into comprehensible reports for esports organizations. Purple Mage's services range from customized individual player reporting to detailed organizational recommendations based on data collection and analysis.
League of Legends is just one of many titles that PMA is working with in the gaming and esports industry. Other integrations on PMA's intern roadmap include DOTA 2, CS:GO, Call of Duty: Warzone, and Fortnite. "We envision our software being used across multiple game titles and esports tournaments. The information we collect is used to help esports companies improve their operations by-way-of data analysis and reporting," said Kevin Schoenewolf, Sr. Vice President of Operations at Purple Mage.
Purple Mage will beta test their new software at a League of Legends Invitational Tournament organized by Amuka Esports scheduled for next month. This is the first LoL event that PMA will be using their software to collect and analyze player statistics in a competitive setting. The new software is a key objective in the long-term growth strategy of Purple Mage and their partners.
Purple Mage Advisors - www.purplemage.com - Purple Mage Advisors (PMA) is a research and data analysis firm that specializes in player recruitment and development in the gaming industry. PMA helps esports and gaming companies with industry reports, player recruitment, player training, data analysis and relevant statistical reporting.
League of Legends (LoL) - LoL is a team-based strategy game where two teams of five powerful champions face off to destroy the other's base. Choose from over 140 champions to make epic plays, secure kills, and take down towers as you battle your way to victory. LoL is developed and published by Riot Games for Microsoft Windows and macOS. Originally inspired by Defense of the Ancients, the game has followed a freemium model since its release on October 27, 2009.
About YDX Innovation
YDX Innovation Corp. (TSXV:YDX)(www.ydxinnovation.com ) is a global leader in the commercialization of immersive new technologies that incorporate virtual reality, augmented reality, esports and gaming. Its core business seeks to monetize through licensing its IP, developing interactive exhibitions and through esports tournaments and content.
Arkave VR Arena - https://sales.arkavevr.com/ - is a proprietary gaming platform that brings location-based virtual reality to any location-based event or entertainment centre. Arkave features state-of-the-art free roam technology coupled with a vast library of both in-house and third-party games.
YDreams Global - www.ydreamsglobal.com - has developed over 2,000 interactive and immersive experiences for some of the largest global brands including Disney, NBA, Adidas, Cisco, Nokia, Nike, Mercedes-Benz, Coca-Cola, Santander, AB InBev, Qualcomm, Unilever, Fiat and the City of Rio de Janeiro.
BEAT Gaming - www.beat.gl - is an industry-leading esports company that has organized internationally recognized events such as the Dota 2, Overwatch and PUBG BEAT Invitational. Since its creation, BEAT has organized over 30 professional and semi-pro esports events, which has reached over 40 million viewers globally.
Purple Mage Advisors - www.purplemage.com - Purple Mage Advisors (PMA) is a research and data analysis firm that specializes in player recruitment and development in the gaming industry. PMA helps esports and gaming companies with industry reports, player recruitment, player training, data analysis and relevant statistical reporting.
RENDER - www.render.gg - Render is a professional video production studio specializing in crafting video content for YouTubers, Streamers, Teams and Brands. Render is highly specialized in gaming content, but also works with a wide variety of digital media.
More Information:
Daniel Japiassu
Director and CEO
[email protected]
(604) 704-6466
[email protected] | www.ydxinnovation.com | www.youtube.com/ydreamsglobal
This news release may contain "forward-looking statements" within the meaning of applicable Canadian securities laws, including, without limitation: the intention to acquire Amuka Esports; Thew new merged company be an immediate industry leader in delivering esports; that the combined company will be able to have a more streamlined operation workflow to better monetize its existing revenues stream. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management, are inherently subject to significant business, economic and competitive uncertainties, and contingencies. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management, are inherently subject to significant business, economic and competitive uncertainties, and contingencies. These statements generally can be identified by the use of forward-looking words such as "may", "should", "will", "could", "intend", "estimate", "plan", "anticipate", "expect", "believe" or "continue", or the negative thereof or similar variations. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause future results, performance or achievements to be materially different from the estimated future results, performance or achievements expressed or implied by those forward-looking statements and the forward-looking statements are not guarantees of future performance. The Company's statements expressed or implied by these forward-looking statements are subject to a number of risks, uncertainties, and conditions, many of which are outside of the Company's control, and undue reliance should not be placed on such statements. Forward-looking statements are qualified in their entirety by the inherent risks and uncertainties surrounding the Transaction, including: that the Company's assumptions in making forward-looking statements may prove to be incorrect; general adverse market conditions and competition; the inability to finance operations and/or obtain any future strategic investment necessary to implement new technologies; the inability to build a sustainable, conscientious company with a stronger presence online through new products in esports and VR; the inability to bring Virtual Reality to consumers directly and offer expertise in immersive technologies; and that market conditions related to the COVID-19 pandemic may negatively affect the outcome of the business or operations of the Company, including its results and financial condition. Except as required by securities law, the Company does not assume any obligation to update or revise any forward-looking statements, whether as a result of new information, events or otherwise.
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SOURCE: YDX Innovation Corp.