$82,474.00
0.41%$1,825.85
1.47%$2.09
-2.28%$605.51
1.02%$125.53
0.87%$0.999914
-0.00%$0.165643
-0.66%$0.659639
-0.08%$0.239194
3.24%$1,825.46
1.50%$82,383.00
0.39%$4.09
4.42%$13.54
0.84%$9.15
0.08%$0.26359
-1.24%$0.999694
-0.02%$2,183.85
1.11%$18.75
-0.88%$0.00001237
-0.68%$2.27
-3.30%$0.16331
-2.81%$83.17
-3.10%$4.03
0.25%$6.21
-0.49%$303.04
1.61%$4.49
-1.62%$0.999998
-0.01%$1,825.88
1.43%$0.998962
-0.03%$0.726053
-5.65%$13.05
5.31%$1,940.57
1.20%$28.22
0.22%$215.22
-1.36%$5.97
1.74%$5.26
-0.53%$0.00000717
3.44%$2.52
-2.63%$1.046
0.02%$47.88
-0.73%$22.43
0.71%$0.09896
-3.01%$82,472.00
0.36%$0.790299
-0.35%$0.998191
0.02%$5.31
1.02%$16.73
1.63%$0.779116
-1.45%$159.48
-2.47%$29.63
-10.48%$1.17
0.37%$10.01
-1.69%$4.38
1.72%$0.02251142
-1.13%$1.00
0.00%$223.87
-1.50%$0.348835
-5.46%$3.08
-5.10%$2.77
1.17%$3.40
-0.57%$82,616.00
0.43%$0.202112
-0.53%$4.02
0.28%$0.064371
0.04%$0.484624
-1.73%$0.179669
-0.33%$0.328207
-1.12%$11.14
0.29%$82,245.00
-0.07%$4.82
-9.86%$0.739602
-0.73%$0.424688
-11.83%$0.455344
-2.82%$1,898.42
1.20%$1,309.22
1.86%$1,823.47
1.19%$1.078
0.94%$0.068298
0.87%$17.90
1.38%$130.74
0.47%$68.42
-1.21%$0.403062
-4.84%$0.999955
0.06%$0.525962
-1.43%$0.616184
4.12%$0.768818
-1.40%$0.607366
-0.60%$2,066.53
1.41%$0.997717
-0.02%$0.00001125
0.41%$8.72
0.63%$0.01373126
0.95%$0.172106
-2.22%$0.087924
-1.19%$0.999792
0.08%$0.805432
-1.27%$0.877064
2.00%$3,165.34
1.49%$81,786.00
-0.22%$1.00
0.06%$0.999344
0.01%$6.86
-6.28%$604.43
0.62%$0.99954
-0.06%$2.34
5.36%$1,934.82
1.19%$3,144.15
1.08%$0.652601
0.14%$0.01525881
-0.60%$82,378.00
0.24%$0.27173
0.52%$0.00000067
-1.38%$0.49819
5.71%$1.00
0.40%$31.51
-0.30%$0.168941
-0.70%$38.87
4.09%$0.480079
13.14%$160.25
0.32%$0.102546
-0.26%$0.380651
0.22%$1.97
-0.30%$0.00005848
1.42%$1,901.64
1.30%$3.04
-3.18%$137.59
0.57%$0.998884
-0.10%$15.81
0.40%$0.07497
2.50%$0.01064649
-3.12%$6.89
-6.60%$0.139768
-3.42%$0.500066
5.19%$1.71
-0.89%$0.996915
0.01%$1.77
4.48%$0.630878
-1.46%$0.999437
-0.05%$81,762.00
1.10%$1.00
0.14%$2.93
0.34%$0.431344
2.64%$27.87
-0.99%$0.244561
-0.60%$0.454748
-0.99%$16.09
-1.64%$2.72
7.57%$0.00000044
1.52%$1,935.75
1.18%$0.693924
-0.64%$0.0046167
-6.50%$0.164918
-1.42%$83,994.00
2.05%$0.419523
-3.54%$82,384.00
0.24%$0.999967
-0.17%$6.34
-1.76%$0.445595
1.00%$0.14904
-1.74%$1,824.97
1.37%$110.52
0.02%$1.001
0.03%$1.077
-0.49%$0.04219801
0.44%$1.14
1.36%$0.079721
0.53%$1,825.89
1.35%$1.11
0.17%$1,824.61
1.36%$0.00001974
-0.91%$0.471509
-0.57%$0.577348
-4.61%$1,904.50
1.06%$5.23
-11.93%$0.00701227
-4.52%$82,287.00
0.33%$0.20194
-0.83%$0.00629866
-1.58%$39.36
0.66%$0.437382
-5.12%$0.841006
-3.17%$0.999241
-0.02%$0.366062
-0.59%$1.002
0.30%$0.00544831
-8.82%$0.170057
-2.01%$1,822.30
1.14%$0.00000164
0.50%$81,723.00
-0.03%$1,852.30
2.88%$0.580444
6.86%$0.0000596
-1.81%$1.001
-0.35%$0.00381346
-3.07%$2.81
-0.85%$0.00937383
-7.29%$0.03122412
1.65%$118.23
-0.72%$3,591.09
16.39%$1.43
-4.20%$0.03013498
-0.31%$0.238493
-1.73%$1,808.04
1.25%$1.17
-2.74%$1.21
-1.62%$3.65
1.11%$1,826.03
1.31%$0.243534
-1.08%$0.00046105
36.12%$0.625269
-0.20%$22.26
1.40%$2.85
-0.07%$82,515.00
0.60%$82,306.00
0.11%$0.999229
-0.02%$1,927.77
1.45%$1,995.62
1.29%$0.187526
-1.10%$0.760256
-2.25%$0.257956
-0.08%$15.77
-0.22%$0.505896
1.80%$1.023
-4.82%$1.002
0.39%$0.065803
-1.33%$0.082286
-2.89%$0.117709
1.41%$1,982.02
1.31%$0.03414325
-4.03%$0.103616
-0.04%$0.02973812
-2.77%$0.00227505
-0.42%$1,822.66
1.31%$1,655.77
0.37%$0.934798
-0.41%$0.00307194
-1.37%$0.00254446
-4.12%$0.02920784
-2.60%$0.01131359
1.49%$0.493584
-3.38%$20.05
0.65%$0.083197
38.72%$0.00240544
0.19%$0.00468043
-2.63%$0.508066
-4.40%$0.999576
-0.01%$0.291482
0.91%$0.630651
-1.26%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.”
The GUN token tied to popular battle royale game Off the Grid launched Monday with the mainnet rollout of the Avalanche L1-based GUNZ gaming network. And ahead of the in-game mainnet integration, GUN has continued to fall in value over the course of the day. GUN is currently priced just above $0.76, down over 24% since launch, per data from CoinGecko. GUN rose as high as $0.115 earlier Monday, but has since dipped by nearly 34% in the hours since touching that peak. It's common for newly launche...
Minecraft-esque crypto voxelverse and world-building game Hytopia is asking creators to build web-based mini-games with its development kit and help from AI, offering cash prizes to the creators of the best three games in a new artificial intelligence “vibe coding” competition. The competition will be open for the next 14 days, after which judges will take a week to evaluate the vibe-coded outputs. Vibe coding is a popular new term for coding via conversation with an AI assistant, whereby users...
The crypto and NFT gaming space is busier than ever lately, what with prominent games starting to release, token airdrops piling up, and a seemingly constant array of other things happening at all times. It’s a lot to take in! Luckily, Decrypt’s GG is all over it. And if you need a quick way to get caught up on the latest moves around crypto video games, we’re happy to present This Week in Crypto Games. Our weekend roundup serves up the biggest news from the past week, along with a few other tid...
