Tencent Collaborates With Blockchain Esports Company For 24/7 Live Sports
Tencent Games Forms A Partnership With Blockchain Esports Company
The giant Tencent Games has recently announced that it would make a partnership with SLIVER.tv, a blockchain esports platform. The partnership would be used for the creation of a 24/7 live esports channel that would feature streamers from FaZe Clan, Method and NRG, as well as other programs.
This announcement was originally made today, November 19. During the same announcement, Tencent Games has also affirmed that it will also have prediction games, trivia and prizes for viewers at this new channel.
Another reveal was that the popular battle royale game made by the company, Ring of Elysium, would be powered by Theta rewards that would let the users buy in-game items using the tokens.
About Ring Of Elysium And Theta Tokens
Tencent Games has recently expressed that it was delighted by the opportunity of using Theta rewards to its Ring of Elysium game and that the streamers will be able to get tokens by streaming their games or even by watching the games of other players using this system.
All the Theta tokens could be used within the SLIVER.tv platform and they can not only be used to buy in-game items and skins, you could also use them to get discounts on real-world products from partners of the company.
These tokens are fabricated within the Theta blockchain, which is owned by Tencent Games’ new partner, SLIVER.tv. The blockchain is powered by a video delivery ecosystem that rewards the users from using the system and for restreaming video content to other users. This way, it uses the bandwidth in a more efficient way.
Mitch Liu, the co-founder and CEO of SLIVER.tv, has spoken to the local media about the partnership. He has affirmed that his new partnership will help both companies to continue with their goals in the industry of eSports and that Ring of Elysium will be highly upgraded by the partnership.
According to the CEO, users will be rewarded by the combination of the unique rewards offered by the company and they will have a much deeper experience and greater engagement than they had before.
This is a very significant move as it is the first time in which a giant of game development is actively engaged with cryptocurrencies and the blockchain for external purposes. With the largest revenue for a gaming company in all the world, it is important that Tencent is doing this and this will have huge repercussions in the industry.
Tencent Games is very important in the global and Chinese market, so this choice will certainly be felt by gamers and the industry at large. IT is also a good move for Theta and SLIVER.tv, which will be associated with a huge high profile company.