It’s no secret that esports mostly seem to function within a volatile economic system.
The process is relatively simple and open to all.
As of now, reports indicate that the debt still has not yet been settled.
The org was newly established, with Dota 2 being their first esports adventure.
The present
More recently a new ‘actor’ has entered the game.
It’s a one-off event that doesn’t get them anything in the long term.
FTX was also amajor partnerof the leading Brazilian esports team FURIA.
Riot explained the partnership in an official blog post, citing consumer interest.
Together, weve only just begun to press our advantage.
However, the collapse of FTX last week left the cryptocurrency industry and esports in a bind.
The future
So what does that mean for the financial security of esports?
Obviously, not ideal due to the obvious disconnect and instability as already noted and seen.
