Key points to remember
- ESL Gaming has partnered with Immutable X to launch a platform for NFTs.
- Fans will be offered unique digital collectibles during the 2022 ESL Pro Tour CS: GO.
- NFTs have been widely adopted in the sports and gaming industry over the past year or so.
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ESL Gaming has partnered with Immutable X to offer NFT typing and trading on its esports platform.
The leading esports company to offer NFTs
ESL games, one of the world’s largest esports companies, launches NFT platform. The move is the result of a partnership with Immutable X, a StarkWare-powered NFT project running on Layer Two Ethereum.
The platform will feature collectible NFTs and launch alongside the ESL Pro Tour CS: GO gaming competition. The event is the firm’s flagship tournament.
For the 2022 edition, fans will be offered unique digital collectibles curated from the event.
Commenting on the partnership with Immutable X, Bernhard Mogk, ESL Gaming Global Business Development Representative, said:
âWe couldn’t be more excited to bring Immutable X the best possible, community and fan-driven collectible platform to buy, collect and own some of the most memorable moments in history. ESL Pro Tour. “
NFTs are non-fungible tokens, unique crypto assets that are not interchangeable with each other. NFTs are a means of offering verifiable ownership of an asset such as digital art, music, or game items. Over the past year, the technology has exploded in popularity, gaining wide adoption. in the sports and gaming industries. Most NFTs are issued on Ethereum, the most widely used blockchain today. However, Ethereum’s popularity means that it suffers from issues like high transaction costs. Many NFT projects have turned to scaling solutions such as the Layer 2 solution from Polygon and Immutable X to alleviate the issues.
Immutable X takes advantage of StarkWare’s ZK-Rollup technology to offer high speed transactions and offers zero gas fees. It has also partnered with Trace and Cool Effect to offset its carbon footprint so that NFTs hit on the platform are carbon neutral. It has already entered the OpenSea NFT Marketplace and powers TikTok’s recent NFT venture, as well as games like Guild of Guardians, Illuvium and its own. Gods unleashed. Last month, Immutable raised $ 60 million in a Series B funding round co-led by BITKRAFT Ventures and King River Capital.
Discussing the collaboration with ESL Gaming, Immutable X co-founder Robbie Ferguson said:
âESL’s vision for NFTs of moments ESL Pro Tour has the fan experience at the top of the list. At Immutable X, we make it easy for leading gaming partners like ESL to integrate NFTs into their experiences without sacrificing security or speed.
ESL Gaming’s ESL Pro Tour CS: GO is one of the most popular esports events in the world. Last year’s edition generated 675 million social media impressions and 905 million video plays, according to the press release from ESL Gaming.
Disclosure: At the time of writing, the author of this feature owned ETH and other tokens.
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