Avalanche replaces FTX as TSM's sponsor
Canadian esports team TSM has partnered up with blockchain platform Avalanche to create a gaming platform called Blitz. The platform will use Core, Avalanche's payment system and wallet, to accept bets and make payouts.
Here are the key points you should know:
- Core acts as a bridge between the Ethereum and Bitcoin blockchains.
- TSM is the world's most successful esports team and the priciest esports club, competing in the League Championship Series since 2013.
- Last year, the club generated roughly $200 million in revenue from bets.
- The team consists of 59 players, who earn an average monthly salary of around $9,000. Their average age is 22.
- On average, about 1.8 million people watch each tournament.
- The AVAX token is intended to serve as an in-game currency.
Are you eagerly anticipating Dota 2 on the blockchain? Look no further – Blitz has arrived!
