Alumni brothers crack Forbes list
James and Robbie Ferguson, founders of Fuel Games.
Brothers James Ferguson (Bachelor of Commerce '13/Bachelor of Laws '16) and Robbie Ferguson (Bachelor of Advanced Science (Computer Science)/Bachelor of Laws) share far more than blood ties. As a result of co-founding their company, Fuel Games, in 2018, they have landed a spot on the ‘Forbes 30 Under 30 Asia 2019’.
They started Fuel Games after realising they could apply an emerging technology – blockchain – to gaming. The company produces sports games, known as eSports, that are unusual in that they allow players to own in-game assets.
“Currently, most game publishers wield absolute authority over game economies, and act as central banks that inflate or manipulate the value of assets,” Robbie Ferguson said.
Top players can become ‘star athletes’ and sell their own digital merchandise.
Within one year of operating the business, the brothers report that they released their flagship game, Gods Unchained; raised over $2 million from investors; and reaped $5 million in profits.
Forbes 30 under 30 Asia features 300 'disruptors, innovators and entrepreneurs' across the region, all of whom are aged 30 and under.
