Posts Tagged ‘Martin Herdina’

Payment Card Industry (PCI) Grants fatfoogoo PCI Level 1 Compliance Status

Friday, January 15th, 2010

fatfoogoo, the leading provider of in-game and online commerce ecosystems, today announced it has attained the highest standard of data security as measured by the Payment Card Industry – PCI Level 1. Joining the elite group of just 1,000 service providers worldwide, fatfoogoo continues it’s commitment to both consumers’ and clients’ online security , making it one of the most secure ecommerce platform providers available today.

pci_dss_logoThe PCI Security Standards Council, founded by American Express, Discover Financial Services, JCB International, MasterCard Worldwide, and Visa, Inc., has defined detailed qualifications for various levels of PCI compliance. The service provider designation for PCI Level 1 compliance indicates that all payments and credit card transactions sent through fatfoogoo meet the highest standards possible for data security.

The PCI Level 1 certification process involves a rigorous audit process conducted by PCI Security Standards Council representatives. Auditors from Stuttgart, Germany based Acertigo meticulously examined and tested fatfoogoo’s software architecture, ensuring that it would uphold the highest levels of security. In addition to software testing, PCI auditors also examined fatfoogoo’s system and hardware infrastructure, ensuring their PCI Level 1 standards. Auditors addressed the human element and verified that fatfoogo staff have been properly trained on both internal and external vulnerabilities that could compromise data or credit card security.

fatfoogoo prides itself in providing our customers the very best in microtransaction technology,” said Martin Herdina, co-founder and CEO, fatfoogoo. “Having been granted Security Standards Council’s PCI Level 1 compliance status, we recognize the importance of data security and provide our clients with the safest e-commerce technology available.”

 

fatfoogoo getting serious about social

Tuesday, September 22nd, 2009

Throughout our lifespan, fatfoogoo has created a number of monetization and payment platforms and options for a wide range of gaming companies. In 2006, when Martin Herdina and Daniel Petri set out to make a virtual marketplace for the trading and purchasing of virtual goods and services, the initial idea was to provide a marketplace for consumers to meet and trade/sell in-game virtual items and services. While this platform proved to be successful with gamers, game operators made it clear that they would rather keep a tighter hold on what was and what was not being traded within their titles. Et Viola, the modern version of today’s fatfoogoo was born with a white label services and technology model. And while there are a number of ‘traditional’ games and titles that we provide our services to, the undeniable growth and popularity of social games, as well as a number of other browser based games, has been certainly something we’ve been looking at for quite a while now.

ff_logo_whiteSpeaking to Justin Smith of insidesocialgames.com last week, Martin states, “We’ve been working with social app and game developers since the end of 2008, as the requirements are very similar to classical online game business models. The first social networking project we did was to provide store, white-label payments and virtual currencies for the avatar engine mEgo, now we are just working with Gogogic on powering Vikings of Thule – and some really exciting social apps/games projects are currently under the hood.”

As Smith states, we are based in Vienna, Austria, miles away from some of traditional games development hotbeds, we’ve also established offices in the UK and the US, with our very own Stevie Case running point on working closely with North American operators/developers.

“Our technology is purely international, so it’s capable of supporting multi-languages, multi currencies, multi-byte character-sets and different VAT-rates,” Herdina says. “However, in terms of business development we are mostly focusing on talking to potential partners in North America and Europe.”

Realizing that while social gaming might share a number of traditional facets, it also takes on it’s own brand of monetization. Specifically, in-game advertising can often be relied on as a primary means of revenues. To this end, we’ve partnered with a number of managed offer platforms in order to facilitate this monetization mechanism. “We treat offers as an alternative payment option, and therefore work with quite a few offer providers in different regions to ensure ideal coverage, like PayBuyPartner, AdParlor, GratisPay, and SponsorPay,” Herdina says.

With this particular attention turned out social games, naturally, facilitating the ease, and variety of payment options is key. We’ve partnered with a number of payment providers specifically focused on social games in order to ensure the highest levels of both client and customer satisfaction. Payment options include credit cards, direct debits, mobile payments, and prepaid cards, to name a few.

“We are expecting our ongoing and future projects in the social app/game space to contribute a significant part to our success in 2010,” Herdina says.

If you’re headed to the Browser Games Forum in Frankfurt this November, Martin will be speaking and available for questions both days.  To have a better look into who we are and what we offer, please visit our solutions section.

 

Video: Martin and Geoffrey’s debate from LOGIN 2009

Wednesday, May 20th, 2009

In case you weren’t able to attend the LOGIN conference in Seattle last week, Markeedragon shot and posted the entire debate on Secondary Markets and their effects on MMO’s and virtual worlds between fatfoogoo’s Martin Herdina and President and COO of Electronic Entertainment Design and Research Geoffrey Zatkin.

Running over an hour in length, the video is broken up into 6 components, and well worth the watch as both Martin and Geoffrey offer up some very valid points.  Any and all developers considering introducing secondary markets into their titles should should consider this debate must see TV.

Note: It appears as though Markeedragon did not have direct access to the audio feed, and did not bump up the audio levels while editing.  You’ll need to turn your speakers up a tad to hear the debate correctly.  Audio levels are consistant throughout the entire hour.

 
 

fatfoogoo announces partnership with Digital River

Wednesday, April 8th, 2009

We’re pleased to announce our new partnership with e-commerce provider Digital River.  This new partnership provides game publishers with a unique end-to-end in-game online store solution with all the scalability and reliability of a proven in-game marketplace.  Not only providing storefront capabilities, the fatfoogoo/Digital River solution provides for global payments and inventory management, as well as the use of virtual goods and currencies, electronic wallets (gwallet technology), secondary (peer-to-peer) marketplaces and auction functionality.

“We are excited to partner with Digital River to deliver an industry leading commerce solution that best services online stores and in-game marketplaces for the gaming community,” remarks Martin Herdina, fatfoogoo CEO.  “Our on-demand service models drive global revenue opportunities and operational efficiencies while reducing risk – all value propositions that are increasingly attractive to companies in these uncertain economic times.  We intend to leverage these natural synergies between our business to the full advantage of our clients.”

The fatfoogoo technology inclusion to Digital River’s portfolio of offerings now makes the picture complete for any games developer.  Naturally they provide e-commerce and promotional technologies, online payment support for microtransactions via NetGiro, community management tools provided by PlayXpert, and subscription billing tools through THINK subscriptions.  The fatfoogoo solution provides the technology to now enable in-game sales of virtual goods for real money transactions.

“This partnership is another indicator of Digital River’s deep commitment to the game industry,” said Jeff Hemenway, Digital River’s group vice president of games.  “In-game commerce in addition to digital downloads and subscriptions are quickly emerging as key strategies for driving game revenue.  Our acquisition of THINK subscriptions last year and our integrated partnership with fatfoogoo now give us best-of-breed solutions to help our gaming client maximize revenue opportunities.”

As part of the agreement between the companies, Digital River has made an equity investment in fatfoogoo. This investment is part of what we both plan to be a broader strategic partnership that includes an integrated service offering and a reseller relationship.

This announcement couldn’t have come at a better time for game developers.  According to a recent Think Service Game Group’s study, outsourcing game development is on a steady rise, with 86 percent of all developers surveyed reporting that they use outsourcing.  The fatfoogoo/Digital River partnership should now be seen as a primary outsourcing destination for game developers looking for a total in-game and online store management solution.

“This is a 1+1=7 situation, where a client of the combined fatfoogoo/Digital River solution gets much more than that client could obtain by partnering with either company individually,” says Herdina.

To find out more about fatfoogoo’s technology and offerings, please visit our solutions section.

 

fatfoogoo on twitter and twestival

Thursday, February 12th, 2009

We’ve been flying a bit under the radar on this one, but it’s time to let the cat out of the bag: fatfoogoo is on twitter.  We’ve been slowly adding lots of interesting people from all over the business and gaming community and not only adding our own little bits, but more so, doing a lot of listening.  There are plenty of game community and industry folks actively participating on twitter, and lots of great news and opinions to be read and heard.

We’re also proud to announce that we’ve taken more than a passive interest in the twitter community, and are donating a Nintendo wii as the grand prize drawing in tonight’s Vienna westival event.  Twestival is a collection of over 185 cities around the world that are coming together not only to facilitate a twitter meet up, but to do so for a great cause, charity:water.

In September 2008, a group of Twitterers based in London UK decided to organize an event where the local Twitter community could socialize offline; meet the faces behind the avatars, enjoy some entertainment, have a few drinks and tie this in with a food drive and fundraising effort for a local homeless charity.

The bulk of the event was organized in under two weeks, via Twitter and utilized the talents and financial support of the local Twittersphere to make this happen.

Around the world similar stories started appearing of local Twitter communities coming together and taking action for a great cause. Twestival was born out of the idea that if cities were able to collaborate on an international scale, but working from a local level, it could have a spectacular impact.

By rallying together globally, under short timescales, for a single aim on the same day, the Twestival hopes to bring awareness to this global crisis.

charity: water is a non profit organization bringing clean, safe drinking water to people in developing nations by funding sustainable clean water solutions in areas of greatest need.
But don’t just take out word for it, check out charity:water founder Scott Harrison’s video about the event.

http://www.vimeo.com/3170682

The foogoo team will be in attendance at tonight’s event, stop by and say hi, or tweet us!

Cynthia Lederer – @_whitenoise_
Dan Taylor – @MountainDan
Daniel Petri – @massiveattack55
Johannes Sperlhofer – @timeactor
Martin Herdina – @iznogud
Moritz Bayer – @ViennaMoB
Patrick Krippner – @locoloki
Patrick Pachner – @Adamantos
Ritchie Pettaur – @datadirt
Stevie Case – @killcreek
Thomas Stagl – @herrstagl

 

Reblog this post [with Zemanta]
 

fatfoogoo at Casual Connect 2009 Hamburg

Tuesday, February 3rd, 2009

fatfoogoo CEO Martin Herdina and SVP of Business Development and Sales Clive Jefferies will be in attendance at this years upcoming Casual Connect event being held in Hamburg, Germany February 10-12.

Casual Connect is the educational/meet up component of The Casual Gaming Association, an international trade association for casual gaming professionals.  The 2009 season kicks off in Hamburg this year, followed by Seattle’s event, 21-23 July, and culminating in Kyiv, Russia 21-23 October.

In an industry with over 200 million estimated players worldwide, totaling $2.25 billion in revenues in 2007, the Casual Connect events are THE premier event for all major players in the casual gaming space.  It’s also the hot spot to meet new and upcoming faces, learn more about existing and emerging technologies, and sample the best the industry has to offer.

While both Martin and Clive are heavily scheduled during these 3 days, they’re always up for a great chat about what fatfoogoo can do for you and the casual games community.  Contact them directly at martin(at)fatfoogoo.com and/or clive(at)fatfoogoo.com to set up a meeting.

 

fatfoogoo – a year in review

Wednesday, December 31st, 2008

2008 has been a banner year for us here at fatfoogoo.  Not only have we had some amazing talent join us, but interest in not only what we do, but what we can do for the gaming community as a whole has skyrocketed.  Below are some selected highlights from an outstanding year for the foogoos.

I myself joined the foogoos back in April and started coverage of any and all things games, but quickly narrowed that focus down to any and all things free-to-play/microtransactions.  Given the nature of what fatfoogoo does, providing world-class microtransaction based economies to game developers and publishers, this seemed like an obvious choice.  Tie that into the massive upswing in microtransactions over the coarse of 2008, et viola, you’ve got the fatfoogoo blog.

While I couldn’t get an exact number or frequent flier mileage points out of him, our fearless leader Martin Herdina is almost certainly on a first name basis with a number of Vienna Airport staff members.  Back in May, Martin went back to his old stomping grounds and represented fatfoogoo at the ION Game Conference in Seattle, standing shoulder to shoulder with serious industry players including EA, Bigpoint and Crytek.  Martin was there not only to represent fatfoogoo, but to also offer up informed and detailed opinions on free-to-play gaming and how microtransactions can help developers monetize.  A summer full of incredible developments (See below) kept Mr. Herdina out of the check in lines, but as soon as September rolled around, Martin was beating feet (and being scanned with a magnetic wand) this time in Los Angeles for the Virtual Worlds Conference and Expo.  A short time later saw fatfoogoo at the Austin Games Convention where we produced a live demo of just a few of fatfoogoo’s features (special thanks go out to the guys that work on the technical end of the foogoo system.  You DO know that Red Bull is an Austrian product, don’t you?  I think these guys may very well have been members of a beta test for super strength Red Bull).

Mid August must mean games in Germany, as who could miss the Games Convention Leipzig?  True to form, the GCDC also heard from Martin talking about in-game economies and item trading, while yours truly along with Patrick and Loki, scouted the convention floor, speaking to a number of games developers about current and upcoming projects.  No time to slow down now Martin, there’s the Virtual Worlds Forum London to get to in October.  Don’t like the fish and chips?  No problem, you’re slated to join Stevie in San Francisco at the vgSummit on October 10th.  James Brown may be the hardest working man in showbiz, but Martin Herdina might well be the hardest working man in the  microtransactionbiz.

But let’s not just make this about Martin, as there are plenty of other folks that make the heart of foogoo beat.

Back in July, our programming team reached a milestone and introduced elements of our technology to the Sun Partner Advantage Program via Project Darkstar.  The open source engine for game developers has already received a number of accolades, and via fatfoogoo, developers can now plug a monetization module into their game from day 1 or add it at a later date.  If our Project Darkstar integration wasn’t enough, a month later we received a nomination for “Best Business Idea of the Year” from German tech magazine Internet World.

2008 also saw the addition of two powerhouse figures at fatfoogoo.  In early August, we made the official announcement of adding Clive Jefferies as Senior Vice President of Business Development and Sales to the foogoo team.  Clive brings over 25 years of software product experience to fatfoogoo, and to say that he knows the ins and outs of international product development and management might be a bit of an understatement.

Likewise, in late September, we really lit things up with the appointment of industry veteran (and some might say legend) Stevana Case, aka KillCreek of Quake fame.  If you don’t know who Stevie Case is, chances are you might be filed under n00b, as Stevie is one of the first professional female gamers and the first woman in the Cyberathlete Professional League.  Stevie heads up our San Francisco office and serves as Vice President of Business Development and Sales.

All in all, 2008 has been an outstanding year for all of us here at fatfoogoo.  While there have been plenty of wins on a number of fronts, the above represents selected highlights.  Daniel Petri’s team of techs are the unsung heroes here, making all the pretty pixels play nicely together, and my hat goes off to them.

Looking forward, Martin has bound my lips with duct tape regarding some projects in the works, and while I’m bursting at the seams to tell the world about what we’re brewing up in the fatlabs, we’ve still got a few nuts and bolts to turn and tweak before it’s ready to be unveiled.  Stay tuned…  (no really, stay tuned, this is some pretty hot $*&#)!

So from all of us here at fatfoogoo, from Vienna to San Francisco, we wish you a happy, healthy and successful 2009!

Reblog this post [with Zemanta]
 

fatfoogoo wins runner up in Munich Venture Lounge’s Media and Technology competition

Monday, November 3rd, 2008

In spite of the global financial crisis, last Tuesday’s Munich Venture Lounges’ “Media & Technology”, with over 100 participants from start-ups and venture capitalists was extremely well attended.  The event was hosted by the corporate finance advisory firm CatCap, the VC firm Neuhaus Partners, and the PR network European Marketing Communications.

The competition was narrowed down to 9 startup companies, each with an opportunity to present their company to the jury.  From these 9 start-ups 3 top winners were chosen,  nFon, fatfoogoo, and Just Landed.  As a result of this win, fatfoogoo CFO Thomas Offner has been approached by a number of VC’s in attendance, as well as those interested in further investment in the gaming and virtual world communities.

“We’re both honored and proud to have been selected as finalists for this competition.  A runner up win in this very exclusive and high investor potential competition is a double win for fatfoogoo.” says CFO Thomas Offner.

fatfoogoo CEO Martin Herdina adds, “The win today is just more proof of fatfoogoo’s very positive momentum in this fast paced market.  It’s great to get this positive feedback from the gaming industry as well as the financial community.”

To read the release please visit: http://www.venture-lounge.de/allgemein/munchener-venture-lounge-media-technology-am-28-oktober-2008 (in German)

 

Martin Herdina to speak at Virtual Worlds London Expo

Monday, October 20th, 2008

Along with being an official sponsor of the 2008 Virtual Worlds London Expo, fatfoogoo’s CEO Martin Herdina will be join by Rohan Freeman, CEO of Sine Wave Company, Andrew Schneider, Founder and President of LiveGamer, and Karl Mehta, Co-Founder and CEO of PlaySpan in a panel discussion regarding Virtual Goods.

Taking place today and tomorrow, the Virtual Worlds London Expo is the leading European event for businesses seeking to maximize and comprehend business strategies within virtual worlds.  The Expo seeks to bring all major players in the virtual world space together in one location to look at best practices, insights, and networking.  Fortune 1000 companies, investors, media, startups, consumer entertainment and youth brands, ad agencies, and of course virtual world platforms and their associated developers regularly attend the annual event.

Martin Herdina will be taking part in the Virtual Goods: The Next Big Business Model talk from 2:45 PM to 3:30 PM.  An outline of the discussion:

Virtual goods and currencies have become the driving economic force for a number of virtual world companies. What does it takes to build a successful company with a strong virtual goods business? What types of items do consumer want to buy and in what context are they motivated to continually buy or upgrade their virtual items? How do you grow a virtual goods business and what are the pitfalls? In what cases does a virtual goods business model triumph over advertising or subscription models?

fatfoogoo’s CEO is expected to analyze and elaborate on the different monetization use cases (subscriptions, primary market, secondary market), their differences, their shortcomings and outline the key factors to run a
successful virtual goods business.

Mr. Herdina is in good company at this year’s Virtual Worlds London Expo, as keynote speakers include Mark Kingdon, CEO of Linden Labs (Second Life), and Niniane Wang, Lively Engineering Lead, Google Inc.

The Virtual Worlds London Expo is made possible by Virtual Worlds Management, and includes The Virtual Worlds 2008 (New York, April 3-4, 2008), Virtual Worlds Expo (Los Angeles, September 3-4, 2008), Virtual Worlds London (October 20-21, 2008).