It’s official! FTX is launching it’s very own Gaming division!
The gaming division seeks to benefit millions of gamers around the world who love building digital assets, buying and selling them. All in the virtual world!
Headquartered in Nassau (Bahamas), the crypto exchange has over one million users (as of July 2021)
The company is now gearing to venture into the Crypto Gaming and NFT universe. Speaking to Yahoo Finance FTX CEO Sam Bankman-Fried said that the company is excited to invest in whatever the Metaverse ends up being!
ICYMI: @SBF_FTX on @YahooFinance today, “We’re looking at gaming. We’re looking at what’s going to happen with NFTs. And we’re excited for whatever the metaverse ends up being.”pic.twitter.com/lUlVrSuzEu
— FTX (@FTX_Official)
FTX will provide “Crypto As A Service” with the initial offering. This will certainly be a “game” changer quite literally. Game publishers can now launch their own tokens and release NFTs to provide in-game support. Stating to Bloomberg an FTX spokesperson told that the company sees games as an exciting use case of crypto!
Although gamers at this point see the whole blockchain based gaming as a li’l excess. But it does open a whole new frontier in gaming and gamification. The success (or otherwise) much remains to be seen.
Thanks again to @YieldGuild x @_PolygonStudios for putting gamers first!
Read more: https://t.co/PyBcKCtPVX
— IndiGG (@YGGIndia)
Check out FTX — INDI IEO for INDIE O which is going live in about two weeks!
The company has invested heavily on sports too. FTX owns the naming rights to Miami Heat’s basketball stadium for the next two decades! Mercedes AMG Petronas F1 team will officially don the FTX logo, including its stars Lewis Hamilton and Valtteri Bottas.
Interestingly the company has also partnered with ICC (International Cricket Council) in October 2021.
FTX is also involved in charities and climate change initiatives. The Crypto Exchange has launched the FTX Foundation Group to make an impact fighting climate change utilising the most effective solutions. The foundation has recently accomplished phase one of its projects by purchasing nearly 100,000 tons worth of CO2 offsets. The company states in the foundation charter of their commitment to strive for permanent removal of carbon and storage solutions. With the Good Food Institute the foundation is supporting R&D in the areas of sustainable food development that will integrate meat alternatives.
Watch this super hilarious FTX ad broadcasted at the Super Bowl.
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— FTX (@FTX_Official)
This content was originally published here.