ChillZ Announces Plans to Invest $10M in Battle Royale eSports Organizations

Submitted by C Costigan on

Written by :

C Costigan

Published on :

Blockchain-based chiliZ.com announced Thursday its plans to invest $10 million in eSports Battle Royale organizations such as PUBG or Fortnite.

Fans watched almost 41 million hours of ‘Battle Royale’ content (Fortnite and PUBG) on Twitch between 7–13 May.

chiliZ will either invest in small esports organisations, enabling them to enter the ‘Battle Royale’ world, or will partner with larger organisations to empower their fans to build a new and unique experience.

“We will provide funding and our fan-engagement/fan-monetisation platform to esports organisations who are looking to enter the competitive ‘Battle Royale’ gaming landscape. Our goal is to kick-start a new vision of how organisations can connect with fans for a more inclusive approach to esports. We are delighted with the feedback chiliZ has received from leading executives from some of the largest and most well-known esports organisations,” says Alex Dreyfus, CEO of chiliZ.

The company recently secured over $27 million in private placement.

- Alistair Prescott, Gambling911.com

Related Content

'Pizza, Pizza': Little Caesars Takes Full Control of Atlantic City's Ocean Casino

'Pizza, Pizza': Little Caesars Takes Full Control of Atlantic City's Ocean Casino

Little Caesars Pizza parent company sets up a new gambling division.
Chumba Casino Parent Company Vows to Stay in Kentucky: 'We Have Lawfully Operated in the U.S. for More Than a Decade'

Chumba Casino Parent Company Vows to Stay in Kentucky: 'We Have Lawfully Operated in the U.S. for More Than a Decade'

Chumba Casino parent company VGW tells Gambing911.com they have operated lawfully in the U.S. for over a decade and plan to continue doing so following Kentucky AG lawsuit.
Kentucky AG Goes for the Trifecta Against Two Prediction Markets and Chumba Casino Parent

Kentucky AG Goes for the Trifecta Against Two Prediction Markets and Chumba Casino Parent

It's deja vu for the online gambling sector as Kentucky comes after companies once again
These Bad Moms Banned for Life at Pennsylvania Casinos: Bad Dad Too

These Bad Moms Banned for Life at Pennsylvania Casinos: Bad Dad Too

Of the 18 banned individuals, four were accused of leaving children unattended in vehicles while they gambled inside.