Video gaming is gaining a lot of popularity in Africa, with Egypt ranking as the top gaming market in the region, generating $293 million in 2018. With that in mind, it’s no surprise that Egypt’s ecosystem birthed Gamesbandy, a gaming startup that entered the scene in 2020, providing a safe and simple way to buy and sell gaming accounts and other related assets.
On the Gamesbandy platform, gamers can sell high-level accounts to people who do not want the hassle of gaming from the scratch. On the surface, it might seem a risky business model, but Gamesbandy’s growth over this considerably short period of time shows that it has a great business model going for it.
The gaming startup boasts over 1,500 users from 24 countries and with its recently raised seed funding, looks to push its growth a lot further across the MENA region.
“Gaming is no longer a pastime. Due to the tremendous popularity of gaming throughout the world, many gamers have turned their passion into a lucrative business, and we’re aiming to facilitate that for the gaming community,” said Abdulrahman Aboshamah, Gamesbandy’s founder.