Verasity Partners With Axie Infinity For The FTX GalAxie Cup Professional Esports Tournament
Verasity a protocol and product layer blockchain platform for esports and digital content, is partnering with the leading nonfungible-token(NFT) based online video game Axie Infinity for the FTX GalAxie cup 2021.
The FTX GalAxie Cup is the first professional Axie Infinity esports tournament held for NFT gaming and is Axie Infinity’s first foray into the world of esports. The tournament commences on Nov. 27 and with both public and professional guilds participating.
“We are excited to showcase our VeraPlayer for the FTX GalAxie Cup 2021. During this event, real-time third party data will be fed into Verasity’s patented proof-of-view system. Aside from showcasing our technology, we believe that cross-collaboration of blockchain projects will be beneficial to all parties involved and we are excited for this opportunity and what may come in the future.” said RJ Mark, CEO of Verasity.
To watch (and earn) FTX GalAxie Cup 2021, visit GalAxie Cup or VeraEsports, starting at 1:00 pm GMT on November 27, 2021, and November 28, 2021. The event will be held exclusive to those two platforms, which is a huge step in decentralizing the steaming world.
About AXIE:
Axie Infinity is a blockchain game with similarities to Pokemon and Super Smash Brothers. However there are a few key differences such as play-to-earn, the cute creatures you raise, breed and battle with are also Nonfungible tokens.
“This pre-season of Axie Esports with 5,000 AXS in prize money has illuminated an incredible foundation for our competitive scene. Tournament organizers around the world have been hosting amazing community events that continue to bring out the best in our community. As our community further pushes the envelope, we will be furthering our investments in building out infrastructure to support Axie Esports.” Andrew Campbell, program lead for esports and content creators at Axie Infinity.
During the pandemic, people in the Phillipines found themselves earning more playing Axie than their actual jobs.
About VeraEsports
Layered on Verasity’s blockchain platform, VeraEsports will leverage its patented proof-of-view technology to offer advertisers and sponsors and ecosystem free of bots and nonhuman views.
Verasity has a patent in place for Proof of View(patent allowed 16/023,554)-protocol layer. $VRA revenue streams include subscriptions, commissions on prize pools, video ad revenues and transaction fees on Verasity products.
How it works
Buyers purchase VRA: Game developers, influencers, publishers/sponsors buy VRA with credit Cards or exchanges to fund their tournaments or Campaigns which builds valuable audiences and monetizes significantly
Publishers reward VRA : Game devs, sponsors and publishers buy VRA to reward it’s users for tuning in.
Then users can stake their VRA for daily rewards, incentivizing the community to hold.