Published
2 years ago on
July 12, 2021
Community Gaming has entered a partnership with Polygon to introduce Polygon-powered tournaments. The platform enables organizers to create custom tournaments in less than five minutes with preconfigured payments.
New Development To Empower eSports Organizers & Players
Community Gaming, an all-in-one eSports infrastructure platform, uses blockchain payment technology, social gaming, and automation to eradicate the complex process of organizing eSports tournaments and to enable instant payments to participants.
To further empower grassroots tournament organizers, Community Gaming has partnered up with Polygon, a scalability solution for Ethereum. Polygon’s multichain Layer2 scaling system enables faster transactions and extremely low gas costs.
Chris Gonsalves, a lifelong gamer and CEO of Community Gaming, mentioned, “For event organizers on our platform, this integration means being able to easily create, run, and facilitate tournament payments with sub-penny transaction fees in any country.”
The partnership follows Community Gaming’s recent successful seed funding round worth $2.3 million. Anyone can seamlessly deploy their tournament on the Polygon network with the association in place, enabling instantaneous reward payouts.
Even without knowledge surrounding blockchain, digital wallets, or smart contracts, Community Gaming offers all the features needed to create and facilitate eSports tournaments. The platform’s infrastructure enables seamless tournament creation, registration, bracket management, and player payments.
Turnkey Tournament Setup That Features Instant Payments
Driven by the passion of revolutionizing the burgeoning eSports industry using blockchain technology, Community Gaming is spearheading the play2earn initiative with its all-in-one platform that serves both tournament organizers and players. By integrating with Polygon, Community Gaming can reduce friction for organizers seeking to rapidly host tournaments, while competing gamers benefit from automatic payments when they win.
Sandeep Nailwal, Co-Founder and COO of Polygon, adds, “By integrating with Community Gaming we continue to bridge the gap between decentralized technologies and the competitive gaming community with fast and cheap payments combined with secure and trustless on-chain transactions.”
The first tournament deployed on the Polygon network, the Axie Infinity E1337 Open and the Gods Unchained tournament, offered winners MATIC tokens paid out in one transaction. Compared to traditional eSports tournaments where winners receive payments in days or weeks while paying high transaction fees, Polygon enabled organizers to disburse 1,337 MATIC tokens among winners, in one transaction, in less than three seconds with just a $0.000069 transaction fee.
However, the first tournament to be deployed on the network post the official partnership between Community Gaming and Polygon is the Skyweaver tournament. Scheduled for August, the tournament will be live-streamed on Community Gaming’s Twitch channel and has a prize pool of $2,500 in MATIC and Skyweaver NFTs from Horizon Games.
As the eSports industry grows, Community Gaming and Polygon’s strategic partnership will be the bridge for the gaming fraternity to explore and leverage blockchain payment technology, automation, and social gaming.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
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