$109,304.00
1.90%$2,691.93
6.21%$2.28
0.65%$660.02
0.78%$157.57
1.47%$0.999765
-0.00%$0.190644
2.52%$0.289356
2.55%$0.688419
1.96%$2,691.06
6.31%$109,282.00
1.82%$40.95
12.34%$3,229.96
5.84%$3.39
1.78%$14.56
4.95%$21.66
4.20%$0.272833
2.07%$424.20
0.73%$8.82
-3.15%$3.29
1.89%$0.00001297
2.20%$0.176824
2.96%$0.999676
0.00%$2,692.28
5.91%$2,875.83
6.27%$89.75
1.45%$4.12
1.64%$329.62
-1.07%$1.00
-0.05%$1.001
0.03%$4.79
1.99%$0.00001284
7.93%$109,347.00
1.73%$0.637841
1.14%$301.51
16.23%$31.52
0.47%$7.28
11.55%$431.38
8.68%$1.18
0.07%$53.06
0.99%$5.91
-1.02%$4.93
3.60%$2.52
2.21%$0.099883
-0.05%$190.59
1.60%$1.00
0.00%$0.873092
3.77%$17.78
4.20%$1.055
0.00%$31.16
3.62%$0.089465
3.91%$0.659418
1.22%$18.26
-0.11%$1.00
-0.07%$0.02495251
2.81%$10.74
2.22%$0.340075
3.71%$3.99
0.42%$0.788686
1.76%$4.42
2.80%$0.217433
2.24%$108,425.00
1.24%$4.43
0.56%$1.14
0.08%$0.368901
5.63%$122.31
2.20%$0.082774
10.25%$2.60
3.34%$0.198966
3.07%$2,694.17
6.34%$4.52
1.26%$0.998684
-0.05%$1.00
0.01%$0.998619
-0.42%$11.33
1.35%$2.12
4.03%$0.471597
1.78%$167.07
1.98%$13.70
1.74%$0.0000172
5.80%$1.98
5.61%$1.38
4.03%$3,062.87
6.25%$1.27
13.26%$0.0184765
1.70%$1.24
-0.00%$0.389863
2.69%$2,817.45
5.98%$4.11
1.91%$0.647933
4.72%$0.691705
5.04%$0.197182
3.31%$1.00
-0.01%$1.041
13.50%$0.063619
3.57%$0.999446
-0.01%$1.00
-0.01%$108,994.00
1.69%$2,868.01
6.23%$0.526122
0.01%$2,820.15
5.92%$0.690699
5.23%$0.097151
3.85%$0.586466
0.60%$2,824.71
5.95%$109,148.00
1.57%$660.76
0.92%$0.00008989
5.12%$111,730.00
4.28%$3,334.69
0.26%$51.00
2.01%$175.64
1.62%$0.139304
13.21%$3,349.41
0.32%$2.48
6.43%$0.793368
3.62%$0.870105
5.21%$204.88
1.69%$0.01697437
2.80%$22.11
5.68%$0.189659
3.67%$0.01493433
5.01%$0.01143122
10.99%$0.124473
4.06%$0.528534
3.77%$0.290412
3.57%$1.10
-0.02%$4.30
5.86%$0.00000071
1.85%$111.37
0.02%$2.37
1.59%$33.82
0.74%$0.999809
-0.01%$108,932.00
2.49%$0.646649
4.01%$1.90
2.23%$0.604905
5.95%$0.997485
-0.00%$2.01
0.06%$0.381935
4.31%$1.72
3.31%$2,693.65
6.40%$0.226883
-2.03%$41.03
10.91%$1.095
-0.07%$10.22
13.99%$0.723407
2.90%$2,693.79
6.30%$2.00
-0.21%$0.999796
0.03%$0.057586
10.81%$2,819.31
5.85%$2,868.16
6.00%$2.99
0.05%$0.288466
2.49%$2,911.19
6.47%$109,281.00
1.91%$0.544678
65.48%$0.01522905
5.04%$109,079.00
1.82%$1.28
-22.18%$55.87
20.89%$2,692.28
5.91%$0.467183
3.27%$0.998208
-0.13%$0.416912
20.97%$0.190929
3.04%$0.489859
-9.25%$0.00469196
4.95%$1.52
5.80%$0.139504
4.25%$0.431089
7.72%$0.546883
5.64%$6.89
6.04%$41.00
10.24%$0.04931809
1.88%$0.00002239
2.87%$0.563209
4.58%$0.062067
-2.02%$15.59
2.36%$6.21
3.75%$1.00
-0.05%$105,688.00
2.22%$0.999799
0.00%$0.084595
2.19%$1.52
6.61%$1.29
9.74%$0.58529
1.69%$2,684.68
5.89%$0.00000108
19.26%$0.00728188
6.57%$0.00000042
0.79%$1.74
5.75%$2.55
5.09%$1.098
0.86%$0.159449
2.95%$0.999693
0.03%$2,855.75
6.09%$0.160918
7.72%$36.53
-0.91%$0.00423007
0.99%$0.999669
-0.04%$0.393082
4.51%$0.03923977
2.54%$0.01957785
1.57%$1.00
-0.04%$0.569217
5.23%$1.37
7.42%$2,967.52
6.28%$0.363889
-0.15%$2,938.46
5.91%$0.0066861
4.36%$108,959.00
2.13%$109,271.00
1.93%$0.07534
2.55%$2,693.14
6.25%$0.816194
2.66%$0.034203
1.00%$0.00398831
2.52%$0.00413793
-8.51%$21.67
4.15%$0.00006121
3.13%$126.21
4.52%$8.01
4.47%$171.05
1.29%$0.217431
2.23%$19.91
2.02%$2,687.80
6.77%$0.715002
6.59%$0.999382
-0.01%$1.00
0.12%$0.677451
2.34%$0.00439763
4.49%$0.0033604
2.63%$0.00000147
2.35%$0.122165
-1.32%$0.21453
4.24%$0.3057
0.68%$2.46
1.59%$0.489051
2.46%$0.999921
0.02%$0.288691
6.62%$0.01887809
8.77%$109,062.00
1.86%$26.22
4.07%$1.008
0.64%$16.68
2.38%$2,194.41
1.80%Reading
Is the esports industry dying? If you ask fresh-faced organizations like M80, which launched just six months ago, the answer will be a resounding “no.”
M80 today announced that it has raised $3 million in seed funding in a round led by ExpertDojo, with VT Technology Ventures and Practical Venture Capital also participating. The funds will be used to explore Web3 offerings and increase M80’s presence across esports competition, content creation, and consumer products, according to a statement.
M80 currently has professional esports teams across competitive games like Valorant, Rocket League, Rainbow Six: Siege, and Street Fighter. It was cofounded by CEO Marco Mereu and Nate Schanker, who previously worked together at esports organization XSET, where Mereu was a co-founder and Schanker led social media strategy.
Gamer and content creator Bryce “Brycent” Johnson has signed with major esports organization XSET as its first Web3 gaming content creator. Brycent will also remain signed to Gary Vaynerchuk’s VaynerSports as his talent management firm. Brycent was a software engineer before he gave it all up to become a full-time Web3 gaming content creator, and now has 295,000 followers across social media platforms. “I went on Twitch, went on YouTube, and realized no one was making content about Web3 gaming,...
When asked about the current esports landscape—which has seen a recent slew of layoffs, low stock prices, striking players, and teams for sale—Mereu said he believes the industry will weather the storm.
“The esports industry—much like the rest of the world—is navigating economic uncertainty that is forcing teams, publishers, and brands to reevaluate their strategies,” Mereu told Decrypt via email. “I believe the changes the industry makes now will build sustainability long-term.”
In March, Mereu told Startland News that M80’s small team keeps it financially stable compared to other, larger orgs with higher overhead costs and is more focused on its fans than metrics like follower counts and “hyper-growth.”
M80’s leadership and investors are optimistic about the future of gaming and the potential for various Web3 integrations to create a thriving esports industry. In a statement, the org said that it’s exploring DAOs, which are decentralized communities focused on a set of common interests, and which use crypto tokens to vote collectively.
Community Gaming CEO and 3XP conference organizer Chris Gonsalves believes crypto and tech could rejuvenate and reinvent the esports industry. In an interview, he tells Decrypt's Kate Irwin why he thinks esports organizations should shake up their approach.
M80 also has plans to launch packaged goods, “digital items with real-world utility,” and “innovations in Web3, blockchain, and other emerging technologies,” the startup said in a statement.
“Gaming and esports are still growing,” Mereu told Decrypt. “This is still a massive global audience of over 3 billion people. Between a rebound in gaming venture capital investment and record-setting events like the final CS:GO Major in Paris, there’s plenty to be bullish on.”
It's tough to keep tabs on the ever-changing crypto gaming space, thanks to the constant flow of news: everything from big game launches and fun degen experiments to token price swings and occasional project collapses. It's a lot to follow. Luckily, we're plugged in at Decrypt's GG. We cover the biggest happenings throughout the week, and then this weekly roundup provides a quick way to catch up, as well as find a bunch of other little bits of news from throughout the week. Top stories Bonk Aren...
Blockchain-powered mobile soccer game FIFA Rivals will release on June 12 on both iOS and Android, Mythical Games announced Friday, revealing a multi-year licensing agreement with sportswear giant Adidas in the process. The team-up will integrate Adidas products throughout FIFA Rivals, including digital kits, jerseys, and shoe releases that draw from the brand's soccer heritage. Players will have access to exclusive in-game items and experiences designed around Adidas branding. "FIFA Rivals is a...
Viral mobile game Flappy Bird still has plans ahead in the crypto world, according to a blog post from the Flappy Bird Foundation, the entity that acquired the smash mobile game’s trademark and brought it back via Telegram last year. The game’s relaunch on Telegram came with a play-to-earn mining campaign for an eventual FLAP token on The Open Network (TON). However, the future of those plans became uncertain when its Telegram mining phase ended with no token airdrop this spring, and the game’s...
