Cryptyd Inc, an Egyptian cutting-edge gaming company, has successfully concluded a funding round with backing from Newton International Management. The capital injection is set to drive the launch of Cryptyd’s revolutionary Baloot Quest تحدي بلوت mobile game, with a focus on targeting the Saudi Arabian market and other GCC regions.
Baloot, originally stemming from the French Belote game, has evolved into a sophisticated game in its Arab adaptation, requiring a high level of player skill. Cryptyd’s Baloot Quest تحدي بلوت introduces state-of-the-art technology, contemporary graphics, and a variety of empowerment tools. Users can personalize game modes, round speeds, card types, and game rules. The game not only features advanced social elements such as leagues, competitions, and live chat with audio communication, but also showcases the most advanced artificial intelligence, applicable in both solo player mode and for groups that fall short of the standard four-player requirement for a regular round.
The investment proceeds will play a crucial role in supporting Cryptyd’s comprehensive strategy, covering marketing initiatives, user acquisition costs, and sustained development efforts for the Baloot Quest تحدي بلوت game.
Cryptyd, Inc, headquartered in Massachusetts, USA, operates seamlessly through its wholly-owned subsidiary, Cryptyd SA, strategically situated in Alexandria, Egypt, serving as the central hub for operations and development. The company’s journey began with its incubation at the American University in Cairo V-lab and subsequent nurturing by the Google game accelerator in Singapore. Cryptyd secured seed funding from Acacia Angels, Alexandria Angels, and AUC Angels. Establishing itself as a prominent independent game development studio in MENA, Cryptyd boasts expertise in game design, artwork, software development, and game production. The company aspires to be the first MENA development studio creating intellectual property for both regional and global markets.
Newton International Management, LLC specializes in early-stage investments, focusing on companies that leverage technology to elevate consumers’ quality of life at the higher levels of the hierarchy of needs
Ahmed Alaa, CEO, and founder of Cryptyd, Inc, expressed his enthusiasm, stating, “We are heartened by the confidence that Newton has placed in our team, and we approach this upcoming stage of moving into game publishing with confidence and excitement.” Alaa emphasized the alignment of Cryptyd’s philosophy with Newton, focusing on ensuring the game is enjoyable and deliberately steering clear of the prevalent “pay to win” culture in many games. He further noted, “We firmly believe that our success will come from the delight of our customers and their eagerness to play Baloot Quest تحدي بلوت.”
Baloot Quest is readily accessible on the Apple App Store and Google Android platforms. The team invites mobile gaming enthusiasts to experience the thrill of Baloot Quest تحدي بلوت, where entertainment is paramount, and every player has an equal opportunity to succeed.
