Exeedme partners with Elrond to accept Maiar Payments
Global revenue from eSports closed just shy of $1 billion dollars in 2020 and is expected to grow beyond $1.5 billion dollars in 2023, with audiences estimated to exceed 640 million people by that time. Whether it’s tournaments, prizes, tickets, bets, or digital collectibles, gamers and their fans expect to engage with them at the high speeds that they are used to.
This is why we are excited to announce that Exeedme will accept eGold via Maiar, by partnering with Elrond.
“By using Maiar to expedite payments, subscriptions, and other forms of engagement, gamers can take back time to do what they love most: enjoying video games. The collaboration with Exeedme is a great example of the creative experiments that can be done with Elrond, eGold, and Maiar.” said Beniamin Mincu, Elrond CEO.
Elrond is the internet-scale blockchain, designed from scratch to bring a 1000-fold cumulative improvement in throughput and execution speed. Exeedme is, as you know, a project that leverages blockchain technology, decentralized finance, and non-fungible tokens to create additional revenue streams for players.
Our platform offers an incentivization mechanism that encourages audiences to engage with eSports, join tournaments and bet on their skills. Gamers are rewarded for winning but also by game mining $XED tokens every time they play and unique NFTs that can be collected, sold, traded and further leveraged in DeFi products on the open markets.
The collaboration will enable Maiar users to seize opportunities in the Exeedme ecosystem via top ups, purchases, or subscriptions made on the platform.
“All gamers seizing their gamer tags as Maiar herotags can streamline the engagement process and make it more personal for themselves and their fans. We will also be exploring the creation of a dedicated gaming community for Maiar users to broaden the array of possibilities through which the gaming and blockchain space can come closer together and create new opportunities.” said Nuno Fernandes, Exeedme CEO.
Through this novel integration, a new use case for Maiar, and its role as a gateway to the blockchain space and connected verticals, is enabled for the first time. The combination between Elrond, eGold, and Maiar demonstrates the massive scope of the new solution space they jointly create.
Elrond is the internet-scale blockchain, designed from scratch to bring a 1000-fold cumulative improvement in throughput and execution speed. To achieve this, Elrond introduces two key innovations: a novel Adaptive State Sharding mechanism, and a Secure Proof of Stake (PoS) algorithm, enabling linear scalability with a fast, efficient, and secure consensus mechanism. Thus, Elrond can process upwards of 15,000 transactions per second (TPS), with 6-second latency, and negligible cost, attempting to become the backbone of a permissionless, borderless, globally accessible internet economy.
Exeedme is a trusted and fair Play2Earn ecosystem that allows gamers at all skill levels, developers and gaming communities to monetize their skills and efforts with the power of innovations like DeFi and NFT’s. With Exeedme, gamers can play their favorite games, challenge an opponent, bet on their own victory and earn rewards for participating and progressing, ultimately enabling ALL players to make money off their skills.