The FTX Collapse Explained
One of the biggest sponsors in esports is collapsing as we speak.
FTX, a cryptocurrency exchange, sponsored Team SoloMid in a record-breaking $210-million deal. But that seven-year agreement barely made it to year two.
The timing is bad – esports hasn’t exactly been bulletproof this past year, and cryptocurrency as a whole is swinging downward.
So today we’re taking a look at what the FTX collapse means for esports – and where things might go from here.
Written & Hosted by: Josh Bury (@ThrownGauntlet)
Edited by: Jason Durante
Thumbnail by: William O’Keefe (@magoo_o)
Produced by: Danny Burke (@lurkeyburke) & Keith Capstick (@KeithCapstick)
Music used under license from Associated Production Music LLC (”APM”).
Skip to esports Chapter: 07:44
All footage courtesy of: https://pastebin.com/WXDyRGKG
Follow us on Twitch: http://www.twitch.tv/thescoreesports
Follow us on Twitter: http://twitter.com/thescoreesports
Follow us on Facebook: https://www.facebook.com/theScoreesports
Follow us on TikTok: http://www.tiktok.com/@thescoreesports
Follow us on Instagram: https://instagram.com/theScoreesports
Comments are closed.