Black_background_logo_BitcoinWorld-removebg-preview
Latest News

Counter-Strike Gamers Set To Participate In Crypto-Powered Tournament

In a first of its kind, Counter-Strike Gamers will participate in a Crypto-Powered tournament, where the participants will be allowed to put their bet on crypto tokens.

Verasity, an attention based platform for gaming and entertainment rewards with native VRA token, will sponsor the tournament.

Nathan Schmitt (NBK) and Asia’s finest Kevin Susanto (Xccurate), who according to the press release, have two million fans worldwide are set to feature in the tournament. 

The release further mentioned that Verasity has signed a long-term deal with the players’ agents.

VRA token CEO RJ Mark Hain told Cointelegraph that it has an upper hand over its competitors as it is environment friendly and all the revenue will go to the content creators. 

“The publisher has to get on board with using BAT for getting monetization by those rewards. What we do is entirely different. We don’t have anything to do with a browser. If you work for a large publication like Bloomberg, Bloomberg has a video player which is powered by Brightcove. And Bloomberg wants to have a reward, whether it be Crypto or anything else. They take our SDK, it takes them about a half hour to install it, and then they control the monetization of all of that, of everything that goes on inside of that video player and ad stack for themselves,” Hain said. 

Hain also mentioned that Verasity will try to capitalise of the COVID-19 situation to gain advantage. There is a firm possibility that in future it might expand its business to games like chess, football and basketball.

Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Crypto is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Crypto market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.