Today Live Gamer announced the acquisition of Twofish, the provider of virtual economy data solutions for casual and social gaming developers. The reason for the acquisition was to be able to provide gaming publishers with a full commerce solutions and monitoring system to help maximize revenue, in turn boosting Live Gamer’s micropayments solution. Back in March I first wrote about TwoFish who until then had been flying under the radar.
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Twofish Acquired By Live Gamer
Twofish Updates Focus on Virtual Currency Data
Twofish, the company that provides micropayments for applications, is announcing a few new products for its service. The new products mainly revolve around analytics and easier ways in which to get set up with Twofish. With these updates, Twofish is really looking to appeal to the developer community, gain new users and provide better ways in which to utilize the data it provides through its microplayment platform.
From its Easy Element product, the core service for Twofish, comes a new tool called Currency Starter. This is closer to a turnkey solution for developers that want to get started right away with a virtual currency option for their applications. Some of the options that come with Currency Starter include Google Analytics integration, and all the other basics needed for setting up a payment gateway for virtual currency. Twofish has a one-click purchase option for users, which saves their credit card information, along with account history which users have access to.
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Twofish Looks To Revolutionize the Virtual Economy
Today Twofish announced its first partnerships with a number of large social gaming companies including Pocketville, Pangaea, and Ignite Skill Gaming. More important than the partnerships is the immense value that Twofish provides to applications that are integrated into the virtual economy. Through leveraging double-entry accounting standards, Twofish tracks every single transaction that takes place within an economy.
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