Com2us Holdings is expanding its platform and blockchain operations to reduce fluctuations in game business performance and diversify revenue sources. The company is growing its game backend technology, previously used internally, into a business-to-business (B2B) model for external companies.
According to the gaming industry on October 6, Com2us Holdings has begun supplying game backend and cloud services to external game developers, adding artificial intelligence (AI) capabilities. In the blockchain sector, it is broadening its applications to include real-world assets (RWA) and stablecoins.
Com2us Holdings aims to establish its platform business as a stable revenue source to offset the volatility of its game operations. The success of individual game titles can vary significantly, making it difficult to guarantee profitability regardless of development scale or quality. In contrast, the platform is expected to provide relatively stable revenue based on external clients.
The expansion of non-gaming revenue is primarily driven by Com2us Platform, a wholly-owned subsidiary of Com2us Holdings. Com2us Platform is responsible for providing backend technology and cloud services necessary for game development and operations to external game companies.
The game backend platform 'Hive' originated from a software development kit (SDK) used within the Com2us Group. Since 2021, it has been supplied to external game companies, growing into a B2B business that now serves over 250 games from more than 90 partner companies. Revenue from cloud resales, in collaboration with Tencent Cloud, increased by 686% last year compared to the previous year.
In line with the rise of AI, Hive's functionalities are also being expanded. The company has introduced 'Hive Axil,' which supports backend integration tasks for game developers using AI. A Com2us Holdings representative stated, "As more game developers utilize AI in their projects, we are upgrading Hive's features to make it more convenient for them to use."
In its blockchain business, Com2us Holdings is expanding its focus from gaming and content to finance and real assets. The company has been building a Web3 ecosystem centered on games and content through XPLA, and after transitioning to CONX this year, it has broadened its business scope to include fintech infrastructure such as RWA and stablecoins.
CONX is currently pursuing an AI-based art platform called 'Artu' and an RWA pilot project. Although its contribution to revenue is still low, the company plans to validate the potential of these new business models and actively engage in related ventures.
* This article has been translated by AI.
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