Post Malone announced as co-owner of Envy Gaming - Dexerto
Esports

Post Malone announced as co-owner of Envy Gaming

Published: 28/Aug/2020 21:05 Updated: 29/Aug/2020 9:45

by Brent Koepp

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Chart topping singer Post Malone has bought an equity stake in Envy Gaming. The popular artist is now a co-owner of Call of Duty team Dallas Empire, and Overwatch League’s Dallas Fuel. 

For many, Post Malone has been the face of popular music over the last five years. The star has won numerous Grammys and sells out stadiums around the world.

On August 28, it was announced that the singer is now dipping his toes into esports by becoming a co-owner of Envy Gaming. The 25-year-old has a long history with video games.

Post Malone becomes co-owner of Envy Gaming

Malone has never been shy of his love of gaming – the star was an avid fan of battle royale PlayerUnknown’s Battlegrounds, and even professed his admiration for former Counter-Strike pro Michael ‘shroud’ Grzesiek on social media.

On August 28, the star acquired an “undisclosed” equity stake in Envy Gaming which owns Team Envy, Dallas Empire, and Dallas Fuel. In a press release, the organization revealed that he had “joined the ownership group.”

“I grew up in Texas and I’ve been gaming my whole life, so this just really felt right,” Post said. “I have always wanted to be a part of bringing gaming into the professional sports world so to be involved with what Envy is doing in my hometown feels like such a perfect fit.”

The announcement comes just before the Call of Duty League Championship Weekend on August 29-30. On Twitter, the star commented on his new partnership, exclaiming, “Happy to announce i’m now part owner of Dallas Empire. Let’s take this throne and win these playoffs :)”

post malone tweet

Dallas Empire player James ‘Clayster’ Eubanks was pumped by the announcement, and welcomed the singer on Twitter. “Let’s go!!!! Hyped for this! Now just gotta win this weekend to already get him a world championship under his belt.”

post malone clayster tweet

CEO of Envy Gaming, Adam Rymer, praised the artist, calling him a “cultural icon,” while the org’s owner and Chief Gaming Officer Mike ‘hastr0’ Rufail revealed he had met him last November at Posty Fest in Texas.

Whether he’s making a chart-topping album or streaming on Twitch, the singer’s new deal brings him closer to his love of gaming. His new venture is sure to bring in a new audience into esports.

Business

Team Singularity slam DashThreads and terminate partnership

Published: 23/Oct/2020 12:10 Updated: 23/Oct/2020 12:16

by Adam Fitch

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Team Singularity have prematurely ended their partnership with merchandise supplier DashThreads due to “unprofessionalism.”

The Danish organization posted an announcement to explain why they were “officially parting ways” with the apparel company.

The org alleges that they were not able to produce marketing material over the past four months because products had not been delivered by DashThreads, subsequently they were not able to “execute on marketing plans.”

They stated that this wasn’t a decision made in the spur of the moment, it comes after months of trying to rectify the problems and get things on track. However, the “unprofessionalism shown by DashThreads and its CEO and owner Devin Fry” was too much to handle going forward.

Team Singularity Insight
Team Singularity
Team Singularity recently sold their player Insight to Toronto Ultra.

Team Singularity are allegedly missing more than 300 units of clothing, that they had already paid for, which were supposed to go to their players, influencers, content creators, management, and fans.

The org stated that their legal team will be taking action against DashThreads as the partnership was “one-sided” and there are further instances of mistreatment that they won’t be making public knowledge.

“I’m very sad that my worst fears prior to entering this partnership earlier this year came true and I take full responsibility for a deal that should never been made in the first place,” said Singularity CEO Atle Stehouwer. “I will not beat myself up about giving people and startups a second chance, I am just sad that DashThreads and Devin Fry decided not to rise above previous accusations and prove that it was a legit startup. Actions speak louder than words.”

DashThreads predominantly work with amateur and semi-pro esports teams and describe themselves as a “premium esports and street apparel company.”

Dexerto has contacted DashThreads for comment on Team Singularity’s statement.