IEX5

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IEX5 is a gambling platform licensed to operate real money games. The business model relies on social game developers based on a revenue share scheme. Our platform enables social games to incorporate real money gambling without modifying the game storyline. Nowadays, social games are interacting with gamers using different monetization models with relative success. IEX5 wants to add a disruptive and engaging revenue model by combining traditional social gaming with real money gambling. Our vision is to merge the fun of social games with the thrill of gambling. We offer gamers the possibility to earn real money prizes while playing their favourite games. Our company takes on the legal issues related to gambling and operates the gambling part of it. Our game developer partners do not need to worry about any legal aspect and just focus on what they do best: games. Under this model, IEX5 shares the 50% of the revenues generated by the wagers with game developers. Therefore, our platform offers a new way of generating revenue for those games that are willing to adopt a new hasslefree revenue stream. IEX5 has already been granted the online gambling license to operate in the UK. Currently we have gone live and working with focus groups and qualified customers in order to benchmark the business model: revenue generation and user acquisition. In addition we have clinched contracts with 2 different game developers hoping to incorporate additional 15 games on the platform in the next 2 months. The project team is led of 3 founding partners, combining more than 30 years of experience on different fields: gambling, gaming, technology, legal and finance. We also count with entrepreneurial advisor Rowen Pillay, founder of Edgefolio. The company is SEIS eligible for investor&s;s tax relief. Right now we are immerse on a seed round of 500.000 pounds

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