The World's Online Festival
The World's Online Festival is a British messaging and gaming platform with apps for iOS and Android. Users can create groups where they can send text, image, and short audio messages. Groups feature a Stage which provides five live microphone slots for users to chat. The app features a store where users can purchase in-app credits that can be used to buy additional features, utility chatbots and games, and to send in-app gifts to other users. Users have a reputation level that increases from actions such as playing chat games or purchasing credits.
WOLF is headquartered in London with branch office locations in Newcastle and London, UK, and Amman, Jordan. Palringo offers a technology that allows users to establish and view the location of their peers by means of their manual position, GPS, triangulation or estimation on the internet network used at that moment. It uses the Google API Maps to show peer locations and also offers a "nearby" section in friends and group lists to show users who are nearby.
WOLF has around 35 million registered users, and around 350,000 groups.
When WOLF was still Palringo, it got a new CEO, Tim Rea. Rea made several acquisitions, and shifted the strategy of the company.
History
Palringo was developed by Martin Rosinski in 2006. In August 2006, Northstar Ventures invested £650,000.- In 2010, Palringo launched an enterprise version of the app, offering companies private group communication networks.
- In August 2012, Palringo began a shift towards the consumer market. The current business model involves selling virtual products such as premium accounts, decorative profile stickers, chat bots, and functional utilities.
- In May 2014, Palringo acquired Swedish games developer Free Lunch Design.
- In May 2015, Palringo acquired Finnish chat games developer Tribe Studios.
- In late 2019, Palringo introduced Stages, which allows up to five users to broadcast live audio within their chat group.
- In February 2020, Palringo officially re-branded to The World's Online Festival.