ESPN Online Gaming Allows Bitcoin Deposits, Withdrawals

ESPN Global has now launched a blockchain-powered gaming platform.  Individuals will now be able to make deposits using Bitcoin and other cryptocurrencies.  One can also connect their Bitcoin Wallet to their bank account.

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The platform is also integrating an online treasure hunt, Satoshi’s Treasure, with $1 million worth of bitcoin to be split among 1000 winners.

Blockchain technology will decentralize verification and support for transactions inside the platform.

“Cryptocurrency payment specialist ‘Cryptopay’ is being used by ESPN Global, to make the process a lot simpler, swift and secure,” the company announced.

The mobile e-sports unit in UK falls under ESPN Global Corporation Ltd. which is headquartered in Poland.

ESPN Global director Mr. Chris Parker said of blockchain. “As per a research done by 3EA Limited, a global strategic management consulting group, e-sports and online gaming is a $140 billion global industry driven predominantly by digital micro-transaction economies, which we believe will benefit immensely from the integrity and resilience of the Blockchain technology."

The platform is in its "soft launch" stage.

“From the day we start our operations, we will be giving airdrops of SGTs to all registered players as a gift,” Parker said. He added that all players who lose money in any game or tournament will be compensated with SGT airdrops equivalent to the losses credited to their ERC wallets.

- Aaron Goldstein, Gambling911.com