Blockchain

MGG Selects Tezos As Blockchain, Block Born To Be Gaming Arm By CoinQuora

MGG Selects Tezos as Blockchain, Block Born to Be Gaming Arm

MGG Selects Tezos as Blockchain, Block Born to Be Gaming Arm

  • MGG has announced its official blockchain — Tezos.
  • The company is also set to launch Block Born as a gaming arm.
  • This new company is part of a multi-year technical partnership.

Global esports and entertainment company – Misfits Gaming Group (MGG) – has announced that it has chosen Tezos as the official blockchain for a multi-year technical partnership. In addition to that, the deal will encompass trademark and sponsorship rights, integrated business practices, and community-building content. Additionally, the deal will provide a launch pad for the new MGG – Block Born gaming platform.

Block Born will be the blockchain gaming arm of MGG, dedicated to supporting and growing the blockchain gaming space. It will also support the community through content, tournaments, and signing pros as the space begins to emerge.

To add, Misfits will refocus its $10 million MSF/IO game incubator to become the MSF Tezos game incubator. The incubator will help identify and invest in esports and gaming startups, as well as startups that build directly on the highly secure and energy-efficient Tezos blockchain.

Executive Vice President and Head of Global Partnerships at MGG Vas Roberts remarked that the gaming industry may well proliferate and blockchain technologies can make it more user-friendly.

He further added:

By creating new practices on a decentralized and indexed platform, we will reinvent the way we work with our community, our peers and our partners. Tezos will help us share new levels of access, fairness, and decision-making, and we’re excited to show how blockchain can help gaming organizations redefine how they operate.

Tezos is one of the world’s leading blockchains. It is known for its energy-efficient design, self-scaling 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 of the Tezos Foundation, opined that MGG’s decision to select Tezos is helping the growth of blockchain gaming. This quantifies the priority for community development and player engagement in the industry.

I believe Tezos’ sustainability and unique ability to adapt to rapidly changing technology is perfectly aligned to support MGG’s laudable goals.

Meanwhile, additional sponsorship details, tools and sponsorship content will be announced at a later date, prior to rollout.

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