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Digital Asset Horse Racing Game Stables Appoints Lebnan Nader CEO And Unveils International Expansion Plan
Stables, the Paris-based Web3 Equestrian Fantasy Game, has appointed venture capital veteran Lebnan Nader as Chief Executive Officer. Lebnan Nader, who had founded and run several gaming and technology businesses, will oversee an international expansion as Stables seeks to add horses and attract owners from outside its French home market.
By: XTZ News
24 April 2024
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Not Financial Advice: No content on this website constitutes investment, financial, legal, or tax advice. Users should not construe any such information as a recommendation to buy, sell, or hold any investment or security or to pursue any particular investment strategy.
New Leadership: Stables is thrilled to announce the appointment of venture capital industry veteran Lebnan Nader as Chief Executive Officer. With his extensive experience in gaming and technology, Lebnan is set to lead the company’s international expansion efforts
International Expansion: As part of its growth strategy, Stables will now link to non-France based horses, aiming to attract owners and players from around the globe.
Investment Backing: The Tezos Foundation has announced its investment in Stables, joining PMU, the European leader in horse betting, and the startup studio 321 in supporting the game’s ambitious vision.
Exciting New Features: Stables is expanding its gaming experience with new features, including a seasonal horse racing system, an in-game leaderboard, and “The Paddock Gazette,” allowing players to analyze NFT data and compare performances.
Stables, the Paris-based Web3 Equestrian Fantasy Game, has appointed venture capital veteran Lebnan Nader as Chief Executive Officer.
Lebnan Nader, who had founded and run several gaming and technology businesses, will oversee an international expansion as Stables seeks to add horses and attract owners from outside its French home market.
Launched in January 2023, Stables was born from an ambitious project funded by PMU, the European leader and number 3 worldwide in horse betting, alongside the startup studio 321. The game is designed to bring the excitement of horse racing into the digital realm by combining real data from actual racehorses with an online Web3 gaming experience where horses are represented as tradable non-fungible tokens.
“Stables brings together two of my favorite domains, video gaming and horse racing. Two sectors I’ve been involved in for the past 12 years. The game’s ambitions are high, and that’s what convinced me,” said Lebnan Nader, CEO of Stables. “The teams have done a tremendous job, and we will continue to develop the game, but my priority will be our community, as they are our greatest strength.”
A graduate of HEC Paris with nearly 20 years experience in strategy, product development, and market positioning in the digital sector, Lebnan co-founded an internationally acclaimed video and VR gaming studio, and also co-founded a software company for lottery and betting operators.
PMU’s initial gamble to reach a new audience has paid off as Stables now boasts a community of several thousand engaged players, aged 25 to 40 on average. The community is currently composed of 70% French players and 30% from the rest of the world.
The Stables teams are now expanding the gaming experience by adding new features that will allow any player, even without owning NFTs, to be able to explore Stables for free. A seasonal horse racing system with an in-game leaderboard will be introduced, as well as “The Paddock Gazette,” a feature allowing the analysis of all NFT data and comparing their performances.
The ability to interact with other players and access numerous new horses are among the features currently in development.
“In 2023, Stables succeeded in realizing PMU’s bold vision of diversifying the world of horse racing into Web3 and becoming today’s reference in equestrian fantasy gaming. Contributing alongside its historic partners to the financial support for an accelerated development of Stables represents for the Tezos Foundation a natural progression to the adoption of Tezos. Among other things, the Tezos Foundation always listens to the needs of management teams and economically engages in projects that have adopted its blockchain to be an active participant in their growth stages,” says Jean-Frédéric Mognetti, Executive Director of the Tezos Foundation.
“Convinced of the relevance of the project, it seemed important to involve new investors. We enthusiastically welcome the financial support of the Tezos Foundation, which strengthens a proven technical collaboration that the project has benefited from since its inception,” comments Emmanuelle Malecaze-Doublet, CEO of PMU.
The Tezos Foundation has awarded three new gaming grants, supporting the development of blockchain-based gaming. The recipients, TapNation, Dragon Ninja, and Heroes of Holdem, are set to bring innovative gaming experiences to the Tezos blockchain. Additionally, Etherlink has announced a new partnership with BattleRise, further expanding blockchain gaming opportunities.
The report notes a substantial 558% increase in active gaming addresses quarter-over-quarter, reaching 97,000 in Q1 2024. This surge underscores the growing interest and engagement in gaming applications on Tezos. Messari observed that “active gaming addresses surged by 558% QoQ, reaching 97,000 in Q1 2024.”
Stables, the Paris-based Web3 Equestrian Fantasy Game, has appointed venture capital veteran Lebnan Nader as Chief Executive Officer. Lebnan Nader, who had founded and run several gaming and technology businesses, will oversee an international expansion as Stables seeks to add horses and attract owners from outside its French home market.
Stables, the Paris-based Web3 Equestrian Fantasy Game, has appointed venture capital veteran Lebnan Nader as Chief Executive Officer. Lebnan Nader, who had founded and run several gaming and technology businesses, will oversee an international expansion as Stables seeks to add horses and attract owners from outside its French home market.
Not Financial Advice: No content on this website constitutes investment, financial, legal, or tax advice. Users should not construe any such information as a recommendation to buy, sell, or hold any investment or security or to pursue any particular investment strategy.
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The Tezos Foundation has awarded three new gaming grants, supporting the development of blockchain-based gaming. The recipients, TapNation, Dragon Ninja, and Heroes of Holdem, are set to bring innovative gaming experiences to the Tezos blockchain. Additionally, Etherlink has announced a new partnership with BattleRise, further expanding blockchain gaming opportunities.
The report notes a substantial 558% increase in active gaming addresses quarter-over-quarter, reaching 97,000 in Q1 2024. This surge underscores the growing interest and engagement in gaming applications on Tezos. Messari observed that “active gaming addresses surged by 558% QoQ, reaching 97,000 in Q1 2024.”
On Friday, April 5th, 2024, at 22 UTC, Chainborn will start a tournament for everyone who is interested to participate in this event.
The tournament size will depend on the amount of people who’ll participate on April 5th, but wouldn’t it be amazing to stream a tournament with at least 16 battling Heroes?
