FTX and Nerd Street Gamers partner up

Cryptocurrency exchange FTX announces the start of cooperation with the eSports company Nerd Street Gamers to launch various projects. As part of the collaboration, FTX will sponsor events from Nerd Street Gamers, as well as partner with the upcoming Nerd Street Championships, which will take place in the summer of 2022. In addition, FTX will manage the Nerd Street Gamers crypto payments.

John Fazio, CEO and Founder of Nerd Street Gamers: "Every time a new paradigm in technology opens up - the Internet, web browsers, mobile phones or social media - there's always a lot of noise, and most of them can't stand the initial hype. With blockchain, everything was different. Our partnership with FTX aims to equip our players with the context and knowledge to overcome the noise of get-rich-quick schemes and see the real value of this new technology."

Nerd Street Championships is a multi-discipline esports competition series that is open to all players. The company has announced that it will give away over $500,000 in prize money this year.

Brett Harrison, President of FTX: "FTX is very committed to making sure our industry – crypto – is a safe and accessible place for all types of people. That's why, as a gamer and esports fan, I'm proud to support Nerd Street's mission to bring esports to life. to everyone."

In turn, FTX is best known for its partnership with the North American esports organization TSM. This deal was one of the largest in the history of esports.