The Esports Players League (ESPL) – a Singapore-based esports tournament platform from Malaysia-based tech firm Sedania – has entered crypto gaming through a partnership with YGG SEA, a sub-decentralized autonomous organization (subDAO) of Philippine blockchain gaming startup Yield Guild Games.
Through the partnership, ESPL looks to generate over 300,000 gamers in the crypto space. It plans to achieve this by organizing tournaments involving metaverse and NFT games, including Sky Mavis’ Axie Infinity. Additionally, the partnership will also see ESPL launch NFTs and cryptocurrency projects, according to a statement.
More tournaments will be held in the metaverse, with rewards and prizes distributed immediately after the games are over, says ESPL CEO Daryl Teo.
“It is important for us to discover the viability of cutting-edge technologies critical to the metaverse,” says Sedania founder and managing director Datuk Azrin Mohd Noor, adding that it would help create a “more exciting gaming experience for players.”
The partnership comes after Yield Guild Games last year raised US$15 million across two rounds of financing.