Blockchain Powered eSports Platform Moxy Unveils $100,000 Beta Challenge
March 9, 2023 — eSports gaming marketplace Moxy.io has announced the launch of its “eSports for ALL” Beta Challenge, where players compete in eSports games for a prize pool containing $100,000 cash, MOXY tokens and collectibles.
The upcoming Beta Challenge is considered an important milestone in Moxy’s roadmap, as it aims to thoroughly stress test the platform’s various components while bringing in eSports competitors ahead of the eventual platform launch and Token Generation Event (TGE).
The project, which provides players with on-demand competitive gaming, leverages blockchain to facilitate real-time transactions and ensure players are protected from fraud and hacking.
In the beta challenge, participants will seek to win matches against other players to collect points and make it through four “seasons”. At the conclusion of the fourth season, those at the top of the Moxy Leaderboard will receive prizes including cash payouts (in USDC stablecoin), native MOXY tokens and Moxy Collectibles.
Although the value of each prize level will not be revealed until the official launch of the Moxy platform, the total prize pool for the competition is $100,000 – not including MOXY tokens and collectibles. Players must be 21 years of age or older to participate in the challenge.
To participate, players must register, create a Moxy Club account and complete KYC, after which they will receive the 1000 MOXY testnet tokens required to face other eSports competitors. Players can also earn a bonus of 50 MOXY tokens for each referred player who then completes the registration and KYC process.
QUOTE FROM MOXY HERE
Competitive eSports is big business. Last year, the popular multiplayer online battle arena game Dota 2 boasted a prize pool of $32.85 million, and the industry as a whole is projected to grow to a value of $3.5 billion between 2022 and 2027, per Technavio.
Moxy aims to elevate this fast-growing industry, which it says is still largely reserved for elite players who compete as part of professional teams at invitation-only events. The blockchain-powered platform makes eSports gaming accessible to everyday players, with real rewards flowing into the hands of winners.
Moreover, Moxy intends to integrate popular games, allowing players to play an eSports-enabled version of their favorite releases and earn lucrative real-money prizes. Game developers and publishers are thus empowered to implement eSports game modes and reach new players via the Moxy.io platform and integration stack.
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About Moxy
Moxy.io (MOXY) is the first company to deliver on-demand eSports for all players. Powered by blockchain technology, the platform is built around a global game token that all players can use in competitive games.
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