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ChillZ Announces Plans to Invest $10M in Battle Royale eSports Organizations

Written by:
C Costigan
Published on:
May/31/2018

Blockchain-based chiliZ.com announced Thursday its plans to invest $10 million in eSports Battle Royale organizations such as PUBG or Fortnite.

Fans watched almost 41 million hours of ‘Battle Royale’ content (Fortnite and PUBG) on Twitch between 7–13 May.

chiliZ will either invest in small esports organisations, enabling them to enter the ‘Battle Royale’ world, or will partner with larger organisations to empower their fans to build a new and unique experience.

“We will provide funding and our fan-engagement/fan-monetisation platform to esports organisations who are looking to enter the competitive ‘Battle Royale’ gaming landscape. Our goal is to kick-start a new vision of how organisations can connect with fans for a more inclusive approach to esports. We are delighted with the feedback chiliZ has received from leading executives from some of the largest and most well-known esports organisations,” says Alex Dreyfus, CEO of chiliZ.

The company recently secured over $27 million in private placement.

- Alistair Prescott, Gambling911.com

Business/Financial News

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