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.
On this page
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!
The content on The Coinomist is for informational purposes only and should not be interpreted as financial advice. While we strive to provide accurate and up-to-date information, we do not guarantee the accuracy, completeness, or reliability of any content. Neither we accept liability for any errors or omissions in the information provided or for any financial losses incurred as a result of relying on this information. Actions based on this content are at your own risk. Always do your own research and consult a professional. See our Terms, Privacy Policy, and Disclaimers for more details.
Articles by this author
