Esports Organization TSM Teams With Crypto Exchange FTX For Historic Deal
Cryptocurrency esports crossovers are becoming increasingly popular. Today, one of the biggest publicly-disclosed esports sponsorships has come to life, courtesy of esports org TSM and crypto exchange FTX. TSM FTX: A New Type Of Sponsorship In one of the more ‘non-traditional’ naming rights deals, TSM will now go by ‘TSM FTX’. According to the initial […]
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On Friday, FTX Exchange announced signing a naming rights deal with U.S. professional esports organization TSM for $210 million. The cryptocurrency exchange’s multi-year partnership arrangement will allow the crypto firm to rename the company to “TSM FTX.” Esports Firm TSM Will Change the Organizations’ Name to ‘TSM FTX’ FTX Exchange has acquired another naming deal after the recent arrangement with the Miami Heat’s arena in Florida. According to the exchange, the company has entered a multi-year partnership with the esports organization TSM for....
There is an apparent correlation between gaming and cryptocurrency, although this direction is not explored all that often. ESports are becoming a global trend, with tournaments and sponsors providing competitive gamers with a lot of money. But what if we were to use the concept of a DAO to run various eSports teams? DAO for eSports Is Worth Considering.....
FTX continues it’s run of sports partnerships. Last week, the exchange broke ground as Major League Baseball’s first ‘Official Crypto Partner‘. Earlier this month, FTX teamed up with leading esports organization TSM in a historic naming rights deal. Today, the firm continued their partnerships streak by way of a deal with one of the most […]
Sam Bankman-Fried’s FTX crypto exchange has completed another mega naming rights deal this time with esports giant TSM. FTX and global esports brand Team SoloMid, oTSM, have signed a multi-year partnership that grants exclusive naming rights to the crypto trading platform.According to a release issued on Friday, the deal is valued at $210 million with the esports brand’s name changing to “TSM FTX.”As part of the deal, TSM FTX will distribute crypto to players and employees with the newly repurposed esports company also purchasing $1 million worth of FTT — the native token of the FTX....
Esports and crypto are two industries that continue to find immediate crossover. Outside of the growing play-to-earn atmosphere, spearheaded by the likes of Axie Infinity, the traditional esports and gaming atmosphere is finding new partnership avenues left and right. This week, Coinbase expanded it’s growing esports ties by establishing a new partnership with competitive esports […]