WILMINGTON, DE — Onfolio Holdings Inc. (Nasdaq: ONFO, ONFOW) recently announced the first profitable month for its Web3 media brand “Web3 Gam3r” in October. The company has been cultivating this brand since early 2022, focusing on the crypto gaming arena despite the turbulent market conditions.
Onfolio CEO Dom Wells stated, “We launched this brand at the end of the last Crypto bull run as a way to establish a media presence in the crypto space, particularly in the gaming segment. Despite the challenges since early 2022, we have successfully grown a small media brand and nurtured a passionate following in the ‘Web3 Gaming’ space.”
The company’s strategy was to grow the brand without heavily investing capital, aiming for profitability as quickly as possible. “The long-term vision is to continue building a profitable brand to seize significant upside during the next crypto bull run. Being able to do so profitably is key and is a testament to the dedicated Web3 Gam3r team,” added Wells.
The Web3 Gam3r brand includes a Youtube channel that reviews upcoming Web3 games, a newsletter, and a robust social media presence. Besides reviewing games, the team also collaborates with upcoming games to provide marketing and influencer services.
Onfolio observed during the last Web 3 bull run that profits and value generation were largely driven by having an audience in the space and the ability to identify budding projects early. The Web3 Gam3r brand aims to spot such opportunities profitably and early, leveraging the access gained by its team to capture potential profits.
“While the next big opportunity in the space might emerge in the coming months or take longer, what’s important is that with a profitable brand, we can afford to wait,” concluded Wells.
The achievement of Web3 Gam3r’s first profitable month demonstrates Onfolio’s strategic approach, underscoring its commitment to sustainable growth and profitability.
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