Nitro Games has signed an agreement with Snap regarding providing a new game to the Snapchat platform.

With this agreement Nitro Games expands its mobile game portfolio to a new mobile platform with a new game. After the game has been released, Nitro Games shall receive a significant revenue share from the game. The other terms and conditions are confidential. Games on Snapchat monetize via Tokens (IAP) and Snap Ads. Over 75% of the 13-34-year-old U.S. population uses Snapchat, with 30 app opens and over 5 billion Snaps created every day on average.

 “With 265 million daily active users, Snapchat is a growing platform for social gaming. We’ve seen developers succeeding on the platform by having a portfolio of games available there. For us, this is an opportunity to expand our portfolio to new audiences, by taking advantage of our effective development model and portfolio strategy. The dynamic with a smaller upfront payment against a larger revenue share creates a bigger upside potential.” says Jussi Tähtinen, CEO of Nitro Games.

The game development will begin immediately, and the game is expected to be ready for soft-launch in 2021. The game will be announced at a later date.