Sherwa Online Services
The business, the turning points, and the decisions behind them.
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Sections to complete：02 · 05
01 / WHAT IT BUILT
What the company did
Sherwa Online Services (Sherwa) was a Vancouver-based social gaming app founded in 2019 by Luiz Persechini, Andre Gross and Pedro Vasconcellos. It helped gamers get the best experience in finding and offering services for any game, on any platform, at any time — connecting players looking for teammates, coaches or play partners, with 1,000,000 downloads reached in April 2022. In June 2022 it was acquired by NFT Technologies, which saw Sherwa's million-strong gamer community as its entry into play-to-earn (P2E) gaming, issuing 2.5 million common shares to Sherwa's shareholders.
02 / FAILURE REASONS
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03 / EVENT HISTORY
Events in the structured record
- Founded
Sherwa is founded in Vancouver, Canada — a social app helping gamers find and offer services for any game on any platform (iOS/Android).
- Acquired by NFT Technologies
In June 2022 NFT Technologies enters a binding LOI to acquire Sherwa for 2.5 million common shares, bringing Sherwa's 1,000,000-download gamer community into P2E gaming; NFT Tech assumes Sherwa's related-party loans. This is an acquisition, not a failure.
04 / CONTEMPORARY REBUILD ASSESSMENT
Difficulty of rebuilding this project today
Material for this section is being gathered and checked. It will appear here once ready.
Overall assessment: Not completed
05 / CAUSAL CHAIN / AFTERMATH
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