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Guild Esports Terminates Fintech Partnership Over Delays and Payment Issues

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Guild Esports has announced that it has terminated the three-year sponsorship deal with a European fintech company, announced on 19 October 2020, following delays in the sponsor’s launch and the payment of sums due under the contract.

Under the terms of the agreement, the sponsor was due to commence payments from the date of their global brand launch and unveiling. To date, Guild has not been given any clear timeline for their launch and none of the amounts scheduled under the contract have been paid.

Given the uncertainty about the contract and the strong appetite from other brands to partner with Guild, the Company has elected to terminate the contract with immediate effect to focus on new sponsorship deals that are at an advanced stage of negotiations.

The Company’s new business pipeline remains robust, and it continues to generate strong and active interest from consumer brands in a wide range of sectors. In addition, the Company is working closely with its existing global sponsorship partners with whom relations are excellent and in line with expectations.

“We have been very accommodating and patient about this contract but have decided to terminate it due to increasing uncertainty over their launch plans. We are in active negotiations for new sponsorship deals and look forward to announcing these soon,” Kal Hourd, chief executive of Guild Esports, said.

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Despite The World Against Him, Ivan Yeo Managed To Find Purpose With New Direction In Life

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Despite The World Against Him, Ivan Yeo Managed To Find Purpose With New Direction In Life
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After building an empire with Number 1 Esports Team in Southeast Asia, EVOS Esports, Ivan was forced to restructure his life due to his growing health concerns. After restructuring his life, he managed to continue his passion of helping people achieve their dreams through web3, thus leading him to create his latest project, Avium.

Singapore, 17th May 2022 – It was five years ago when the ex-CEO of EVOS Esports, Ivan Yeo, was given the news of his Kennedy Disease, a rare disease which would cause him lose his ability to properly walk and speak. While to many, it would be a deterrent, to Ivan, it was a form of motivation.

“It took awhile for me to grasp with the news, it was life changing.”

On a ticking time clock, Ivan was determined to make EVOS Esports into a colossus in the esports industry. In half a decade, EVOS Esports expanded into 5 different countries, picking up 3 World Championship titles in the process, building up one of the influential brands in the gaming sector with influencers around the region representing the brand.

While his mind was not discouraged, his body would not ignore.

As the days went by, every small action was getting a little harder. The mindless tasks weren’t mindless anymore, the simple movements weren’t that simple anymore; that’s when he realized that he had to prepare his succession plan and groom the next generation to take over.

“While I started to feel my body, I knew I couldn’t escape the reality anymore, I had to prepare for the next steps, not only for me but for EVOS Esports as well.”

Throughout 2021, EVOS Esports had a restructure, with Ivan closely with the new management team to pass the baton down, to ensure the organization had a plan after his inevitable succession. By January 2022, Ivan was no longer in charge of the day-to-day operations of the organization.

After stepping down, Ivan decided to use his newfound freedom to focus on his physical & mental health, choosing to follow a strict diet and exercise routine. The down time helped him refocus his life, allowing him to rediscover what was truly important to him.

“For the first time in my life, I could just focus on myself, I had nothing else on my mind except to just get healthier”

Inspiring the next generation & turning dreams into the reality. A phrase that stuck through his mind throughout his life. Ivan wanted to build a platform where he could lay a foundation for people to chase their dreams, he knew going back to EVOS wasn’t an option anymore, he had to find a new outlet.

The Second Wind

It was during late 2021 that Ivan started to pick up Web3 & realized the potential of the space. The industry allowed people to chase their passion in its purest form, with the possibility of enabling millions of people to build their dreams.

“As I thought deeper into the Web3 space, I realized my time at EVOS Esports prepared me perfectly for this, it was basically creating what I envisioned, in a new ecosystem.”

Now, Ivan is fully focused on his new project, Avium, a brand built on the blocks of Web3. It wasn’t just a new platform for Ivan to inspire people and bring people together, it was also a new inspiration for Ivan himself, the potential to change millions of lives through Avium was the spark he needed for his second wind.

While the brand he is carrying has changed, his vision has not, and the his core mission remains on course; to enable passion & build dreams. Ivan truly believes that creating an open metaverse ecosystem will empower millions new opportunities to create that they truly love.

“Everyone has their own belief in what the metaverse is. For me, it’s simple. The metaverse is supposed to allow accessibility to the masses, to connect people with one another, to allow them to enable their dreams. The metaverse isn’t just about the blockchain, it’s about the community. There shouldn’t be limits in life, if you believe, you should be able to make it happen. That is what I’m trying to build and what I have confidence in.”

The past half decade has been one steep challenge for him, through the blood sweat and tears, he is still here following his own passion, to inspire millions. Avium has created a short animation video, drawing inspiration from Ivan’s life story, to outline the struggles of his life and the vision he is aiming to create, as he mentions, there shouldn’t be any limits in life.

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HyperLive Entertainment Enters into Strategic Cooperation with Nova Esports

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HyperLive Entertainment, a Singapore-based tech-enabled creative media company, announced a landmark strategic cooperation with Nova Esports, a Hong Kong-based professional esports organisation managing various esports teams which have won multiple world championship titles, to pilot Nova’s esports programme in the region.

The strategic cooperation with Nova will see HyperLive establish a Nova Southeast Asian headquarters in Singapore, which includes plans to build an esports academy in the island nation, produce captivating esports content on its OTT-licensed media platform, HyperLive.tv, as well as to start an esports team that will compete with the best teams globally in esports tournaments. The intended team name is Nova SG, and Nova SG will be based in Singapore. Further, Nova Esports will offer its experience and expertise as well as provide coaches and training regimes for the academy and its players.

“We are truly excited about the synergistic partnership with Nova Esports. We have identified esports as a key market that has massive potential for growth in the upcoming years, thus with Nova on board, we are extremely confident that we can achieve incredible breakthroughs in esports,” Dr. Sean Wong, CEO of HyperLive, said.

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WePlay Academy League Season 4: new rosters, new format, new approach

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WePlay Academy League Season 4: new rosters, new format, new approach
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WePlay Esports will host the fourth season of the Counter-Strike: Global Offensive (CS:GO) tournament for young esports players, the WePlay Academy League. Within Season 4, fourteen organizations will compete online for a prize pool of $100,000.

The first, Group Stage of the WePlay Academy League Season 4 will start on May 24, with the 14 participating organizations divided into two groups of seven teams that will play in a round-robin Bo1 format. The top team from each group will immediately join the Playoff Stage. Teams ranked second to sixth in their respective groups will compete for the remaining two slots in the playoffs at the Gauntlet Stage. The rosters with the lowest scores in their groups will be eliminated from the competition in the Group Stage. During the Gauntlet Stage, each group will play four rounds of Bo3 matches. The strongest team in each group will secure a slot in the playoffs.

Season 4 schedule:

  • Group Stage: May 24 – June 6, 2022 (possible tie-breaker to be held on June 7)
  • Gauntlet Stage: June 9–12, 2022
  • Playoff Stage: June 24–26, 2022

Unlike the previous seasons, the Playoff Stage will be held online. The decision was made to ensure the safety of the competition participants and the organizer team. The rules for participation in the tournament were also changed: each team will consist of at least four players aged under 21. This season, fourteen teams will take part in the competition — for four organizations, this Season will be their first.

Participating organizations:

  • NAVI Junior
  • Young Ninjas
  • mouz NXT
  • BIG. OMEN Academy
  • Astralis Talent
  • Fnatic Rising
  • OG Academy
  • 00Prospects
  • Apeks Rebels
  • Young Gods
  • FURIA Academy
  • Spirit Academy
  • Eternal Fire Academy
  • Outlaws

WePlay Esports will broadcast the tournament in English and Ukrainian – the talent rosters will be announced soon. The Russian-language broadcast will be made by Igor “SL4M” Sopov (Twitch).

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