Bengaluru, Mar 25 (IANS): Lockscreen platform Glance, owned by the InMobi Group, on Friday announced that it has acquired Indian gaming company Gambit Sports to bring NFT-based live gaming on lock screens globally.

The company said this is expected to accelerate Glance's ambition of building the biggest platform for NFT-based live gaming experiences for Gen-Z, across markets.

"Gaming is the most exciting content category across the world today and Gen-Z spends more time on gaming than on any other activity online," Piyush Shah, Co-founder of InMobi Group and President and COO, Glance, said in a statement.

"Giving users live, connected, interactive gaming experiences on the lock screen is key to Glance's vision of building the world's largest live internet platform. We also aim to launch creator-led NFTs for live gaming which will generate unique 'play-to-earn' and 'play-to-own' possibilities for the entire gaming ecosystem," he added.

The acquisition brings together Glance's scale and lock screen centric innovation with Gambit's expertise and understanding of the gaming ecosystem.

Co-founded in 2015, Gambit owns and operates Nostragamus (Nostra Pro). This is a highly popular gaming platform with fantasy sports, poker, rummy, quiz and hyper-casual games. Over 100 million games have been played on the Nostragamus platform, and it has close to 10 million registered users.

Glance will leverage Gambit's expertise to launch highly engaging live gaming experiences including tournaments, game shows, game streaming and multi-player games on lock screen. Gambit will also enable Glance to launch multiple casual-to-midcore games that can be enjoyed by diverse sets of gamers.

In the coming quarters, Glance also plans to launch NFTs in live gaming. This will potentially enable creators, streamers and developers to monetise through assets and NFT-based game creation, while giving gamers unique experiences that they love.