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Tezos (XTZ) becomes the official blockchain partner of Misfits Gaming Group

March 14, 2022
in Gaming, News, Tezos
Tezos (XTZ) becomes the official blockchain partner of Misfits Gaming Group

The blockchain Tezos (XTZ) confirms its foray into the world of video games through a partnership with Misfits Gaming Group, the company behind the teams Florida Mutineers, Misfits or Florida Mayhem. The collaboration will allow Tezos to display its logo on the players’ jerseys and to develop “Black Born”, an initiative that will reveal promising future games on the blockchain.

Tezos signs multi-year partnership with Misfits Gaming

Misfits Gaming Group (MGG), the e-sports organization that owns Misfits, Florida Mutineers and Florida Mayhem, has announced that it has chosen Tezos (XTZ) as its exclusive blockchain partner.

This multi-year collaboration will allow Tezos to flock its logo on the players’ jerseys and within the various tournaments. The 2 entities will jointly participate in the development of “Block Born”, a new space dedicated to gaming and blockchain. Tournaments and exclusive products have also been discussed.

The Block Born project describes itself as a space where fans will be able to support gaming initiatives pre-verified by blockchain and e-sports experts. According to the Misfits Gaming team, this initiative will develop through the following three axes: blockchain, play-to-earn and competition. The project is scheduled for release in August 2022.

For Vas Roberts, head of partnerships for Misfits Gaming, the future of video games will be decentralized:

“Gaming can do much better, and blockchain technologies will help us get there. By building a new kind of system on a decentralized, indexed platform, we will reimagine the way we work with our community, peers and partners.”

This is the second partnership in the e-sports sector for Tezos, which had already signed a contract with the French team Vitality in particular for the realization of non-fungible tokens (NFTs).

A blockchain game incubator on track

Beyond the Block Born project, Tezos and Misfits Gaming also plan to refocus on MSF/IO, a blockchain gaming incubator that had secured a $10 million fund when it was announced in 2019.

For the occasion, the structure will be renamed “MSF Tezos Gaming Incubator,” and will focus on identifying promising projects as well as investing across various startups looking to develop games on the Tezos blockchain.

According to the Misfits press release, the choice of Tezos is explained in particular by its operation based on the consensus of Proof-of-Stake (PoS), a low energy method and allowing to combine scalability and security.

A promising collaboration according to Mason Edwards, Chief of staff for Tezos:

“The selection of Tezos as the official blockchain by Misfits Gaming Group makes sense at such an important time for the gaming and e-sports industries, and this coupled with the momentum that is building around blockchain-based gaming. I think Tezos’ sustainability and unique ability to adapt to the ever-changing technology is a good fit with MGG’s goals.”

The Tezos blockchain token, XTZ, has not seen any movement following the announcement, with the current price hovering around $3 in an overall bear market.

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