FTX Token(FTT) New partnership with Nerd Street Gamers

Partner's Name

Nerd Street Gamers

Counterparty Website

https://nerdstreet.com/

Counterparty Details

Founded in 2016, Nerd Street Gamers is aiming to capitalize on the growth of esports, watching highly skilled gamers compete for titles or prize money in stadiums, which has soared in popularity worldwide. The company has grown to about 100 employees and is about to open its ninth facility this year.

Does this partnership generate any kind of revenue?

NO

Applicable Date(s)

2022-02-16

Partnership Details

On February 17, 2022, Nerd Street Gamers, the national esports platform, announced a partnership with FTX US, a leading, US-regulated cryptocurrency exchange. As part of the multi-year agreement, FTX US will become a presenting sponsor for the upcoming Nerd Street Championships this summer, as well as Nerd Street’s national schedule of weekly community events at their nine owned-and-operated esports venues.

FTX US will power Nerd Street’s ability to accept crypto payments, offer crypto payouts to its users, and empower additional future blockchain-related features. Built on the partnership’s foundation of increasing value to gamers, Nerd Street will leverage its in-person events, digital tournaments, and live broadcasts to provide educational content surrounding blockchain technology.

The Nerd Street Championships presented by FTX US are a series of esports competitions across multiple game titles split into two seasonal circuits, culminating in a championship event per season. The qualifying competitions are open to all players of all skill levels. Teams that participate accrue points to qualify for the championship event at the end of each season, while monthly qualifiers provide auto berths to the winners. Over $600,000 in prizes will be awarded to competitors for the year.