$119,153.00
0.67%$3,744.19
3.89%$3.25
0.12%$782.40
1.12%$189.06
-0.47%$0.99985
-0.01%$0.240182
-1.51%$3,741.05
4.12%$0.314756
1.51%$0.823182
0.44%$119,067.00
0.87%$4,521.87
4.12%$42.77
-1.28%$0.435918
1.45%$3.85
3.50%$18.51
2.25%$4,016.34
3.91%$4,012.22
4.13%$0.246385
-1.24%$519.70
1.12%$24.24
0.91%$113.47
-0.04%$3,746.29
3.90%$8.94
-0.25%$0.00001392
-0.47%$3.18
0.52%$0.999777
-0.02%$1.002
0.08%$1.00
0.08%$44.59
1.41%$119,183.00
0.65%$10.44
3.49%$4.09
-2.05%$324.63
2.67%$0.00001282
-0.33%$4.64
-0.61%$293.00
0.75%$434.67
1.21%$0.127101
5.97%$1.19
0.02%$22.81
1.28%$2.79
1.01%$0.445775
-1.20%$1.071
4.20%$0.485813
4.04%$4.73
-4.08%$5.66
0.45%$230.49
-0.40%$48.60
-0.43%$0.100996
-3.54%$0.00003399
4.18%$0.75457
-6.41%$0.03976674
-2.99%$1.00
0.00%$0.269511
0.30%$3,747.58
4.15%$0.440216
1.10%$1.001
0.09%$0.02545601
-0.56%$4.73
-0.02%$4.19
-0.36%$0.234914
0.11%$1.18
-2.33%$17.60
-0.46%$10.11
-0.48%$4.49
-0.30%$0.741682
-0.42%$0.329969
-0.07%$201.57
-0.34%$0.086022
0.79%$2.64
-0.79%$1.92
-0.92%$1.06
0.02%$122.11
0.30%$4,267.96
4.08%$118,943.00
0.69%$3,925.01
4.18%$0.02404427
3.71%$0.553848
-3.66%$5.11
0.17%$5.29
8.27%$12.15
0.65%$0.999784
-0.01%$3,938.66
3.99%$1.42
-8.39%$0.998968
0.07%$0.085881
-2.91%$3,987.69
3.63%$0.991003
6.24%$1.89
-4.27%$0.999971
-0.07%$4,047.51
4.09%$13.93
0.04%$1.32
0.21%$1.00
0.02%$0.804227
0.27%$0.00012992
-2.72%$3,940.63
3.97%$0.713514
0.82%$212.88
-0.27%$119,047.00
0.77%$0.339547
-1.85%$1.08
-8.01%$0.560041
-2.99%$0.105609
2.09%$782.08
1.09%$1.59
-8.28%$0.00290991
-26.90%$0.999884
0.04%$1.10
0.90%$0.166723
0.48%$29.33
4.94%$0.366702
-7.96%$3,378.50
-0.58%$0.900932
0.93%$119,022.00
0.85%$247.90
-0.45%$120,257.00
1.36%$0.585798
-3.12%$2.68
-2.45%$0.178462
4.78%$1.11
0.06%$0.884833
-2.68%$10.62
-4.02%$0.999562
0.02%$0.01745773
-2.75%$3.16
2.66%$3,368.09
-0.69%$3,742.79
3.88%$0.204991
-2.29%$0.01765532
-2.83%$3,731.96
3.92%$3,987.68
3.27%$0.905972
0.80%$3,900.32
1.78%$0.304371
-0.99%$4.47
0.99%$0.127146
-3.44%$2.05
1.32%$111.91
0.01%$0.42048
-7.60%$1.095
0.07%$0.998224
-0.07%$0.00000068
-2.20%$118,902.00
0.76%$40.90
-1.59%$0.41363
-0.79%$0.999989
0.02%$3,748.02
4.00%$3.46
0.09%$1.95
4.18%$0.240062
-1.62%$0.446183
0.84%$0.317521
-1.72%$0.00874237
0.78%$0.00647148
0.70%$0.00000152
-2.35%$3,982.59
4.18%$0.997666
0.00%$0.577399
5.95%$0.57148
0.81%$119,133.00
0.98%$119,156.00
0.78%$28.48
-0.62%$0.056675
-3.96%$0.999861
-0.02%$0.516103
11.82%$3,746.52
3.91%$4,129.58
3.95%$1.00
0.03%$0.01569786
-7.89%$0.074136
1.11%$0.65935
-5.43%$0.00891625
1.32%$1.48
-2.73%$1.00
0.10%$7.50
0.09%$0.414703
-0.91%$42.72
-1.31%$4,028.79
2.02%$1.15
-1.70%$0.633007
0.13%$1.16
-0.03%$16.61
-1.85%$0.131344
-2.14%$6.68
-1.00%$49.23
-1.94%$0.184386
3.45%$0.00000046
1.85%$4,532.04
4.06%$0.00002253
-1.07%$3,722.54
3.21%$0.970047
-0.70%$0.405283
-2.29%$0.205081
-3.80%$3,743.19
3.92%$2.59
-1.23%$0.00826124
2.28%$1.34
-0.89%$0.417519
13.46%$5.12
11.68%$0.999904
0.00%$10.76
0.01%$7.28
0.65%$0.04247387
-0.28%$0.999559
-0.20%$1.094
-0.05%$0.05629
-1.04%$1.001
-0.35%$13.71
1.93%$42.47
-1.57%$207.45
-0.30%$0.999961
0.01%$24.24
0.80%$0.585812
-3.30%$0.279622
-2.97%$0.082766
-2.15%$145.08
0.79%$1.39
0.75%$0.00380209
4.79%$29.46
0.83%$0.386504
-7.67%$0.573187
1.26%$0.142957
-15.52%$0.03738157
0.43%$0.809096
1.41%$22.16
0.96%$0.01888984
2.13%$118,938.00
1.18%$0.03370474
2.52%$0.774983
-0.96%$0.00515194
1.41%$0.00006294
-1.27%$118,988.00
0.79%$0.00405616
3.47%$0.234746
0.11%$0.800009
0.06%$1.38
-7.25%$0.00393261
-2.29%$0.00000078
3.98%$3,917.19
3.76%$4,220.23
4.00%$0.800421
2.42%$0.324425
9.89%$0.999736
0.00%$0.00353607
-4.74%$213.42
-0.59%$0.998192
-0.01%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.”
Numerous crypto games have shut down already in 2025, but this might be the fastest pivot yet from launch hype to imminent shutdown. The developers of Tokyo Beast, a competitive mobile combat game launched on Ethereum layer-2 network Immutable zkEVM on June 9, said Tuesday that the game will go offline on August 24. Revealing the move barely a month after launch, producer Naoki Motohashi called it “unexpected news” in a blog post. “Due to the difficulty of balancing operational costs, and after...
League of Kingdoms, a long-running blockchain massively multiplayer online real-time strategy game, or MMORTS, is expanding into a multi-game ecosystem called Arena-Z. With that, a pair of additional games are launching soon, along with fresh tokens and a fund to encourage additional community development. The Arena-Z ecosystem will welcome two additional games by the end of the quarter: League of Kingdoms Chronicle, a dungeon-crawling role-playing game (RPG) that supports the original game’s NF...
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 GUN expan...
