Breaking news

Nexters’ ‘Hero Wars: Alliance’ Reaches $1.5 Billion Milestone

by THEFUTURE.TEAM

July 26, 2024

Nexters, the international game development company based in Limassol, Cyprus, has recently announced that its flagship mobile game, “Hero Wars: Alliance,” has surpassed $1.5 billion in revenue. This achievement is underpinned by over 150 million downloads across Android and iOS platforms, securing its position as a top contender in the global mobile gaming market.

“Hero Wars: Alliance” has achieved significant success since its launch, consistently ranking within the top tiers of mobile RPG games worldwide. According to AppMagic, the game has attained the #4 spot in the Worldwide Top Free RPG Games rankings and is listed among the Top 20 Grossing RPG Games globally. This impressive performance reflects Nexters’ ability to blend engaging gameplay with effective monetisation strategies, catering to a broad and dedicated user base.

Follow THE FUTURE on LinkedIn, Facebook, Instagram, X and Telegram

The game’s success can be attributed to its captivating blend of strategy and role-playing elements, appealing to a diverse audience. Players engage in building and strengthening their teams of heroes, competing in various in-game events, and participating in alliances that foster community and collaboration. This multifaceted approach has helped maintain high user engagement and retention rates, critical factors in the mobile gaming industry’s competitive landscape.

Nexters has also demonstrated adeptness in leveraging partnerships and media coverage to bolster its game’s visibility and reach. The company’s acknowledgement of support from industry media outlets like Mobidictum, PocketGamer.com, Game World Observer, and GamesPress underscores the role of strategic public relations in amplifying their milestones and achievements.

The $1.5 billion revenue mark is not merely a financial achievement but also a testament to the company’s innovative approach and market acumen. It highlights Nexters’ capability to sustain growth and profitability in a highly volatile and competitive market. The success of “Hero Wars: Alliance” positions Nexters as a formidable player in the mobile gaming industry, showcasing its potential for future developments and expansions.

Looking ahead, Nexters is likely to continue capitalising on the momentum generated by “Hero Wars: Alliance.” The company’s focus on enhancing game features, expanding its player base, and exploring new market opportunities will be crucial for maintaining its growth trajectory. As the mobile gaming sector continues to evolve, Nexters’ strategic vision and execution will be key determinants of its long-term success.

The Future Forbes Realty Global Properties

EBA Moves To Simplify Banking Regulation With New One-Step Approach

by THEFUTURE.TEAM

February 23, 2026

Harmonised Retail Diversification Framework

The European Banking Authority (EBA) has issued its final guidelines on proportionate retail diversification methods under the Capital Requirements Regulation. These guidelines provide a unified framework for assessing retail portfolio diversification, ensuring that smaller institutions can benefit from a proportionate regulatory approach.

Enhanced Proportionality For Smaller Institutions

Under the guidelines, institutions seeking the preferential 75% risk weight for retail exposures must demonstrate sufficient portfolio granularity. Individual exposures to a counterparty or a group of connected clients should not exceed 0.2% of the total eligible retail portfolio. The framework introduces flexibility for smaller institutions, allowing them to qualify for the preferential risk weight if no more than 10% of the portfolio exceeds the 0.2% threshold.

Simplified Regulatory Procedures

The EBA initially considered two assessment methods: an iterative baseline approach and a one-step alternative. In the final version, the Authority adopted the one-step approach to simplify implementation and reduce operational complexity. The diversification threshold was also raised from 5% to 10%, reflecting feedback from financial institutions and aimed at reducing disproportionate regulatory pressure on small and medium-sized banks.

Clarified Treatment Of Securitised Retail Exposures

The guidelines also address the treatment of securitised retail exposures, distinctly outlining the criteria for institutions acting as originators versus those acting as investors. For investor institutions, a temporary, limited derogation has been introduced for cases where obligor-level information is unavailable. In such circumstances, the diversification condition may be regarded as fulfilled, thereby permitting the application of the preferential risk treatment despite the lack of detailed data.