Advos

AllStreetBets and ESMX Gaming Forge Strategic Partnership to Transform Web3 Gaming

July 17th, 2024 12:00 PM
By: Advos Staff Reporter

AllStreetBets and ESMX Gaming have announced a strategic partnership aimed at driving innovation in the web3 gaming space. This collaboration will feature cross-promotional activities, platform token integrations, and joint product development.

AllStreetBets and ESMX Gaming Forge Strategic Partnership to Transform Web3 Gaming

AllStreetBets, a prominent community and project focused on empowering individual sovereignty and public interest initiatives through decentralized finance (DeFi), and ESMX Gaming, the upcoming web3 gaming division of EsportManager, have announced a strategic partnership. This collaboration aims to harness the strengths of both organizations to drive significant advancements in the web3 gaming space.

The partnership will feature a series of strategic initiatives designed to maximize reach and impact within the gaming and decentralized finance communities. Key highlights include cross-promotional activities, platform token integrations, public events and broadcasts, token exchanges, and the development of joint products and services.

One of the primary objectives of this partnership is the integration of platform tokens, which will facilitate utility in decentralized applications and enable betting mechanics for MEME LEAGUE e-sports matches via their upcoming Betting Platform. This platform is currently under design and development and is expected to revolutionize the way players engage with web3 gaming.

Additionally, the collaboration will see the joint organization of public events and broadcasts aimed at engaging and growing their respective communities. These initiatives will help to bridge the gap between traditional gaming and web3 gaming, providing users with more flexibility and opportunities within the gaming ecosystem.

ESMX Gaming, the web3 gaming division of EsportManager, is leveraging its existing infrastructure, tournament software, and user base to onboard traditional players to web3 gaming. The ESMX token ($ESMX) powers the platform's competitions, rewards, and marketplace transactions, and supports the operation of its tournament nodes. With partnerships with major brands such as Samsung, Red Bull, Coca-Cola, Lenovo, and Logitech, ESMX Gaming has established itself as a major player in the competitive gaming industry.

The partnership will kick off with cross-promotional support and participation in the first official MEME LEAGUE, where the largest meme token communities will compete in various games. The inaugural event will feature a massive EA FC tournament with a substantial ETH prize pool. This initiative marks the beginning of many exciting projects aimed at integrating web2 and web3 gaming experiences.

AllStreetBets, co-founded by WallStreetBets creator Jaime Rogozinski, is dedicated to promoting and empowering individual sovereignty and public interest initiatives through decentralized technology. The AllStreetBets platform and token, $BETS, aim to empower individuals by providing innovative solutions in decentralized finance, gaming, DeAI, and gamified finance.

This strategic partnership between AllStreetBets and ESMX Gaming is poised to make a significant impact on the web3 gaming industry. By combining their expertise and resources, both organizations are set to drive innovation and provide unique opportunities for gamers and decentralized finance enthusiasts alike.

Source Statement

This news article relied primarily on a press release disributed by Newsworthy.ai. You can read the source press release here,

blockchain registration record for the source press release.
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