Community Gaming, the all-in-one global earnings platform and tournament organizer, announced a partnership with game studio Sky Mavis and Okcoin, one of the world’s fastest-growing cryptocurrency platforms, to produce the Axie Infinity Fall Showcase. On November 5-7, North American players will compete for a prize pool of 250 AXS (~$30,000 USD). Winnings will be distributed instantaneously after the tournament ends through Community Gaming’s use of blockchain-based smart contracts.
With over 2.5 million active daily players and $190 million in revenue over the past 30 days, Axie Infinity has quickly become one of the most popular blockchain games in the world. Using AXS, the governance token for Axie Infinity, Sky Mavis continues to be one of the leaders in play-to-earn gaming.
"As the pandemic jumpstarted questions about the future of work, Sky Mavis has given us a glimpse of a world where work and play are positively intertwined,"
said Chris Gonsalves, CEO of Community Gaming.
"Axie Infinity has cemented its place as play-to-earn forerunner, and as Community Gaming continues its evolution into both tournament organizer and earnings platform, we expect to collaborate further with Sky Mavis."
All weekend matches of the Axie Infinity Fall Showcase will be streamed live on Community Gaming’s Twitch channel.The Top 8 portion of the tournament will be featured on Twitch’s front page. This is the first time a blockchain game has received front page placement on the streaming giant’s site.
"The Okcoin community has expressed tremendous excitement about Axie Infinity, and we're thrilled to sponsor the Fall Showcase hosted by Community Gaming,"
said Alex Chizhik, Head of Listings at Okcoin.
"The metaverse is here and we are excited to continue bringing exciting, innovative, and first-to-list projects to our customers."
To celebrate a new milestone in blockchain gaming, Okcoin and Community Gaming will give away 1 AXS every 30 minutes during the tournament’s stream. Additionally, Okcoin will offer $30 for users who trade in $10 in any coin within the event time frame*. This promotion underscores Okcoin’s commitment to bolstering adoption of play-to-earn networks, having also been the first US-licensed exchange to list both AXS and Axie Infinity’s Smooth Love Potion (SLP) token.
"We've been impressed with Community Gaming's connective platform and its embrace of Axie Infinity,"
said Jeffrey Zirlin, Co-Founder of Sky Mavis.
"As NFT gaming rapidly ascends into the mainstream gaming consciousness, we're excited to continue exploring and expanding its esports footprint with innovative partners like Community Gaming."
Information provided by FinancialNewsMedia.