After FTX, Esports team TSM chooses to cooperate with Avalanche

E-sports team Team SoloMid (TSM) will host tournaments on Blitz Esports’ Avalanche Subnet.

After FTX, Esports team TSM chooses to cooperate with Avalanche

On March 7, Avalanche announced an exclusive partnership with Swift – the parent company of one of North America’s largest esports organizations, Team SoloMid (TSM). As part of the agreement, TSM will build a custom subnet on Avalanche and use AVAX tokens as gas to operate the on-chain Blitz gaming platform.

In addition, the two Vietnamese brothers’ Esports team also plans to organize Avalanche-branded tournaments on the Blitz subnet. The platform also chooses payment company Core to facilitate the purchase and storage of digital assets.

John Wu – Chairman Ava Labs said:

“Avalanche custom subnets will help organizations like TSM benefit from transaction speed, scalability, and security for millions of users.”

As one of the largest esports organizations in the world, TSM emerges with an “undefeated” League of Legends (LoL) team, while Blitz plays an important role in LOL as well as AAA Apex Legends games. , Valorant and Teamfight Tactics, which now have more than 30 million users.

Through the partnership with Avalanche, TSM hopes to attract millions more gamers to Web3. Before, TSM once cut off the second largest sponsorship deal in the e-sports industry with floor FTX went bankrupt in November 2022. At that time, these two giants had come to an agreement worth $ 210 million within 10 years.

Synthetic Kyptos

Stay in the Loop

Get the daily email from CryptoNews that makes reading the news actually enjoyable. Join our mailing list to stay in the loop to stay informed, for free.

Latest stories

- Advertisement - spot_img