Blockchain-based chiliZ to Invest $10 Million into Battle Royale Esports and Partner with Dr DisRespect - Dexerto
Business

Blockchain-based chiliZ to Invest $10 Million into Battle Royale Esports and Partner with Dr DisRespect

Published: 24/May/2018 17:00 Updated: 10/Oct/2020 16:42

by Calum Patterson

Share


‘Blockchain-based’ chiliZ platform has announced a major investment into battle royale esports, pledging $10 million to partner with small or established esports organizations looking to develop Fortnite or PUBG teams.

With the recent announcement of Epic Games massive $100,000,000 prize pool fund for Fortnite Battle Royale esports tournaments, there has predictably been an increased interest from sponsors and investors in the growing BR genre.

Games like H1Z1: King of the Kill, PlayerUnknown’s Battlegrounds and the most recently Fortnite Battle Royale, have dominated the consoles and PC’s of millions of gamers – both to play and to watch.

chiliZ is a platform which claims to base itself on the system of ‘Socios’ – “belief in the intrinsic power of creating ‘fan controlled’ & ultimately even ‘fan funded’ organizations in sports and esports.”

They give the example of Real Madrid, the most valuable team in any sport globally, which is based on the the same model, which is collectively owned by 90,000+ ‘socios’.

And chiliZ want to transpose this model into the world of esports, starting with the burgeoning Battle Royale genre.

chiliZ will either invest in small esports organisations, enabling them to enter the ‘Battle Royale’ world, or will partner with larger organisations to empower their fans to build a new and unique experience.

We will provide funding and our fan-engagement/fan-monetisation platform to esports organisations who are looking to enter the competitive ‘Battle Royale’ gaming landscape. Our goal is to kick-start a new vision of how organisations can connect with fans for a more inclusive approach to esports.

We are delighted with the feedback chiliZ has received from leading executives from some of the largest and most well-known esports organisations.”

They claim that this model will solve two of what they deem to be the biggest problems in esports – “lack of fan engagement and lack of funding.”

chiliZ is the ultimate fan engagement tool, through which teams can also secure essential funding. In exchange for that funding, teams have to allow fans to make certain management decisions.

For example, fans can vote on a roster, decide which opponent a player may face, choose which game they’ll play or even which skins the team ‘wear’. It’s like fantasy football but with real-world results.

As an organization, chiliZ operates as a subsidary of Malta based company Mediarex Group – “a global sports and entertainment organization”.

They claim to have ‘recently secured’ $27 million in “private placement through its blockchain-related token sale” and have partnered with popular Twitch streamer Dr DisRespect and other streamers to support their ‘global vision’.

Business

Marvel reassembles with Team Liquid for esports apparel until 2022

Published: 23/Oct/2020 21:33

by Adam Fitch

Share


Entertainment giant Marvel and Team Liquid have renewed their partnership and released a new collection to celebrate.

Over a year on from the initial announcement of Team Liquid helping Marvel enter the esports industry, the collaboration has now been extended for another year.

Now lasting through to 2022, the partnership’s renewal has been commemorated with the release of retro-themed hoodies, sweatpants, shorts, and t-shirts.

The collection features 8-bit interpretations of Captain America, Hulk, Iron Man, and Thor alongside Team Liquid branding. They collaborated with artist Pixel Jeff on the limited apparel range.

Marvel Team Liquid Retro Collection
Team Liquid
Marvel and Team Liquid have released a collection with retro designs.

Since entering the industry with Team Liquid in June 2019, Marvel have released a number of collaborative clothing lines with the org including both esports-focused designs and more casual, streetwear items.

It’s said that original content will be a component of the extended partnership, though no specific plans have been unveiled at the time of writing.

More co-branded merchandise and apparel will come from Team Liquid and Marvel. So far, they’ve used designs of The Avengers, Iron Man, Spider-Man, Captain America, Black Widow, X-Men, The Hulk, and Thor.

“We’re excited to continue our team-up with Marvel,” said Team Liquid owner Steve Arhancet. “Both of our brands are built around compelling narratives: heroes, rivalries, triumph and even, overcoming hardships. And, there’s so many more stories for us to tell together through custom apparel, original content and other fan offerings.”

Marvel, who are owned by The Walt Disney Company, also partnered with Australian organization The Chiefs in a two-year deal, which was announced in February this year.

The extension with Team Liquid shows that the company are serious about esports after successfully completing their first year in the industry, and that can only be a good sign for the future.