Tag: eSports

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Chiliz (CHZ) rallies 60% to a $1B market cap as fan token offerings expand

The success of the AC Milan Fan Token launch and plans to expand to the United States support Chiliz’s 1,000% rally over the past month. Nonfungible tokens (NFTs) and decentralized finance (DeFi) are two of the hottest concepts in the crypto sector, and each is altering the way projects and companies interact with the public…
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The next big crypto market could be fantasy sports, says Messari

Desperate for viewership dollars, traditional sporting leagues may soon turn to fantasy sports to boost fan engagement. As “digitally native” ecosystems like esports continue to synergize with blockchain technology, industries like fantasy sports could be primed for mass adoption, says digital research firm Messari.  In a newly published report, researcher Mason Nystrom argues that fantasy…
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Socios to launch fan token for major Ukrainian esports organization

Navi aims to expand fan engagement with a blockchain-based token. Natus Vincere, a Ukrainian multi-game organization, has announced plans to launch a fan token on blockchain-based platform Socios. According to a Nov. 4 announcement, the token will enable a number of new fan engagement opportunities, including the right to vote in polls as well as…
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OG partners with blockchain-based gaming technology company

Don’t be surprised when you see more blockchain in gaming. Esports organization OG has partnered with a blockchain-based gaming technology company DMScript. According to The Esports Observer, the OG Esport team – CS: GO – will promote DMScript products to its fanbase by wearing clothes that display the company’s logo during participation in electronic sports…
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How the Tokenization of the Gaming Industry Empowers Players

Blockchain tech implementation into the gaming industry could seriously disrupt its closed investment ecosystem. Amid the COVID-19 pandemic, one thing is clear: The video games industry is thriving. As people around the world find themselves with more time on their hands thanks to government-mandated lockdowns and a partial economic shutdown, video game sales have skyrocketed.…
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