Virtual Reality Boxing: Vivid Games Signs Tentative Agreement

Warsaw Stock Exchange-listed company Vivid Games has entered into a preliminary agreement with VR Factory under which its game Real Boxing 3 will undergo technical verification in terms of the possibility of publishing it in a VR version.

Virtual Reality Boxing: Vivid Games Signs Tentative Agreement

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In two months, it will become clear how much work is needed to prepare the port. The management is focusing on expanding the brand universe.

– We see great potential for Real Boxing 3, also on VR platforms. We are intensively developing mobile versions so that the refined ones reach users as early as possible. However, we want the title to increase its reach, also thanks to diversification on other hardware platforms. We verified the initial conditions for developing the VR port ourselves, but the VR Factory team are specialists in the field of virtual reality, which is why we decided to give them priority in potential cooperation – emphasizes Piotr Gamracy, CEO of Vivid Games.

This agreement is another agreement this year that may have a positive impact not only on Vivid Games' revenues, but also on increasing the value and strengthening the image of the studio's key brand, Real Boxing. In January, a contract was signed with QubicGames to develop further ports of Real Boxing 2, thanks to which the title will reach PC users and Xbox and Playstation consoles in the middle of this year in a refreshed version.

A week ago, a letter of intent was announced with an American mobile game developer interested in acquiring the rights to the mobile version of Real Boxing 2.

Vivid Games has been listed on the main market of the Warsaw Stock Exchange since 2016. Previously, the company was on the NewConnect market. Its quotations have grown by about 22% this year.

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