Rec Room Unveils Multiplayer Cross-Platform Game Rec Rally | VentureBeat

September 25, 2021 11:00 AM
            
        
                    
    
        

            
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Rec Room unveiled a brand new cross-platform multiplayer recreation known as Rec Rally, the place six gamers can race off-road automobiles contained in the cartoon-style world of Rec Room.

It’s the primary recreation made by the corporate, which has its roots in digital actuality however has expanded to a number of further platforms.

Rec Room is is likely one of the firms that has a shot at main the tech and video games industries into the  metaverse, the universe of digital worlds which are all interconnected, like in novels corresponding to Snow Crash and Ready Player One. The corporate has raised $100 million at a $1.25 billion valuation, giving it a powerful conflict chest at a time when different makers of user-generated content (UCG) are approaching robust.

Customers-as-creators is an enormous theme within the newest gaming growth, which has seen UGC platform Roblox go public and Overwolf elevate $52.5 million for PC gaming mods and helper apps. Rec Room debuted as a free-to-play digital actuality expertise in 2016, and now it has 25 million lifetime customers. Income grew 566% previously yr as monetization got here collectively, and consumer exercise has grown 600%.

        
        
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