- MGG has announced its official blockchain — Tezos.
- The company is also ready to launch Block Born as its gaming arm.
- This new venture is part of a multi-year technical partnership.
Global e-sports and entertainment company — Misfits Gaming Group (MGG) — announced choosing Tezos as its official blockchain for a multi-year technical partnership. Besides this, the deal will encompass marquee branding and sponsorship rights, integrated business practices, and community-building content. Moreover, the deal will provide a launchpad for the new MGG gaming platform — Block Born.
Block Born will be MGG’s blockchain gaming arm, dedicated to supporting and growing the blockchain gaming space. It will also be supporting the community through content, tournaments, and signing professionals as the space begins to emerge.
To add, Misfits will refocus its $10 million gaming incubator MSF/IO to become the MSF Tezos Gaming Incubator. The incubator will help identify and invest in esports and gaming startups, as well as startups that build directly on the highly secure, energy-efficient Tezos blockchain.
EVP and Head of Global Partnerships at MGG Vas Roberts remarked that the gaming industry can proliferate well and blockchain technologies can make it more suitable for the users.
He further added:
By building new practices upon a decentralized, indexed platform, we’ll reimagine how we work with our community, peers, and partners. Tezos will help us share new levels of access, equity, and decision-making, and we’re thrilled to pioneer how blockchain can help gaming organizations redefine how they operate.
Tezos is one of the leading blockchains in the world. It is recognized for its energy-efficient design, self-upgradable mechanism, and low transaction fees. Tezos’ Proof of Stake design means it is both highly secure and energy-efficient as an open platform.
Mason Edwards, Chief of Staff at Tezos Foundation, opined that MGG’s decision of selecting Tezos adds to the growth of blockchain gaming. This quantifies priority for community building and player engagement in the industry.
I believe that Tezos’ sustainability and its unique ability to adapt to rapidly-evolving technology is perfectly aligned to support MGG’s laudable goals.
Meanwhile, additional details on sponsorship, tools, and content of the sponsorship will be announced later, prior to the deployment.