TSM Builds Crypto Sub-Network on Avalanche for Esports Transactions and Tournaments

Estimated read time 2 min read
  • The partnership between Avalanche, Blitz, and TSM will focus on mainstreaming web3’s first-player gaming products. 
  • The Blitz Subnet will use Avalanche’s AVAX token for network transaction fees, also known as gas fees.

Avalanche, a smart contracts platform, has announced partnerships with TSM, a popular esports organization, and Blitz, a gaming platform, to develop web3 gaming experiences.

As the gaming industry continues to grow and evolve, more players are looking for new ways to interact with games and engage in virtual worlds. Web3 gaming, which incorporates blockchain technology and cryptocurrencies, has emerged as a promising solution that could revolutionize the industry.

Avalanche’s partnerships with TSM and Blitz aims to create new gaming experiences that integrate web3 technology. TSM, which boasts a massive audience of esports fans, will work with Avalanche to develop new blockchain-based games and experiences.

Blitz, on the other hand, will focus on integrating Avalanche’s technology into their existing platform, allowing users to earn cryptocurrencies while playing their favorite games.

Related: WEB3 Gaming: The Complete Guide for Beginners and Experts

The partnerships are a significant step forward for both Avalanche and the web3 gaming industry. By working with TSM and Blitz, Avalanche gains access to a massive audience of gamers and esports fans, while also tapping into the expertise of two industry leaders. At the same time, TSM and Blitz will be able to explore new revenue streams and create more engaging gaming experiences for their users.

According to Avalanche CEO Emin Gün Sirer, the partnerships represent an important milestone for the platform.

We believe that the future of gaming is decentralized, and we’re excited to partner with TSM and Blitz to create new, innovative experiences for gamers around the world.

Emin Gün Sirer said.

The partnerships also highlight the growing interest in web3 technology and cryptocurrencies among gamers and esports fans. As more players look for ways to earn rewards and engage with virtual worlds, web3 gaming is poised to become a major force in the industry. With its partnerships with TSM and Blitz, Avalanche is well-positioned to lead the way in this exciting new space.

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