Share an Alpha - Nasdaq-listed company The9 has launched its own Web3 gaming platform @official_9bit and has formed a close partnership with the gaming guild YGG.

A reasonable speculation arises: will the9bit launch on the YGG Play launchpad next?

Fan benefits: Draw 100 USDT (5 people share)

Requirements: Follow @official_9bit and @the9bit

1/ Who is The9?

The9 was established in 1999, initially focusing on online game operations, and once held the exclusive operating rights for "World of Warcraft" in China (2005-2009), enjoying great success.

After 2009, Blizzard transferred the license to NetEase, and The9 began to diversify its business, covering:

Cryptocurrency mining business

AI investment and digital healthcare

Gaming business (mainly mobile game publishing)

Recently, The9 also announced that its Singapore-based AI drug development company NYB and its subsidiaries have signed a business merger agreement with the SPAC company RFA. The merged company is expected to be listed on Nasdaq under the stock code NYB.

From a gaming company to mining and then to AI healthcare, The9's transformation path is quite aggressive.

2/ the9bit platform and its innovations

In simple terms, this is the Web3 version of Steam, but the core innovation lies in the "Web3.5" positioning—retaining the user experience of Web2 while integrating the value capture mechanism of Web3.

Clever technical architecture:

▌Fiat payment + automatic custody wallet, eliminating the entry barrier to Web3

▌Collaboration with Capcom to obtain distribution rights for AAA IPs such as "Street Fighter," "Resident Evil," and "Monster Hunter"

▌The "Spaces" system builds a decentralized community ecosystem where players, guilds, and KOLs can establish revenue-sharing communities

Backing strength:

▌Backed by Nasdaq-listed company The9, holding 19% of the 9BIT token distribution

▌Comprehensive support from top partners like YGG and Mirana Ventures

The key is the sustainability of the revenue model.

Unlike traditional GameFi, which relies on a "pay-to-mine" Ponzi structure, the9bit has real Web2 revenue streams:

Game sales revenue sharing

Recharge commissions

Advertising revenue

According to official data, since its launch in August, the9bit has generated over $1.8 million in revenue. The revenue growth rate is quite rare in the Web3 gaming sector.

It is recommended to closely follow the progress of the9bit.

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