First-of-its-kind grassroots esports sponsorship fund will allocate EUR 1 million (USD 1.1 million) to amateur and semi-professional esports athletes to support their professional development
Today, nicecactus.gg (previously Esport-Management.com), a competitive gaming platform dedicated to finding and raising the next generation of esports athletes, announced the closing of its EUR 5 million (USD 5.5 million) Series A round and the launch of a new product, the Nicecactus Grassroots Esports Fund, to pursue its next chapter of growth. The round was raised by a group of private investors and will be put towards building and refining the nicecactus.gg product offering, attracting top talent and scaling the business.
The EUR 1 million (USD 1.1 million) Nicecactus Grassroots Esports Fund (“the Fund”) will help amateur and semi-pro players and teams take the next step into professional gaming. Following a period of training on the nicecactus.gg platform, the Fund will accept applications from esports athletes for grants, which may be put towards activities like travel to and accommodation at tournaments they’ve qualified for, or to book bootcamps at professional training locations. Following a review of each application, grants will be awarded to those who have shown promise and consistency in tournaments and on nicecactus.gg’s soon-to-be-launched training game programs.
The key program dates are:
October 22, 2019 – registrations for the Nicecactus Grassroots Esports Fund start at nicecactus.gg/en/fund
December 20, 2019 – Road to Sponsorship opens for registered participants
January 27, 2020 – Fund application process opens for eligible athletes
February 27, 2020 – first grants are issued
“We deeply believe that if esports wants to enter the next stage of growth, it must be catered to and fostered at the grassroots level. By starting the Nicecactus Grassroots Esports Fund and raising additional capital to help unleash the full potential of every esports athlete, we further solidify our commitment to finding and raising the next generation of esports athletes,” said Alexandre Amoukteh, Co-Founder of nicecactus.gg. “Our new name, nicecactus, reflects our love for Nice, France — the bright, beautiful and sharp birthplace of our company. We want to create a place where everyone can forge their own path to pro by improving their skills and connecting amateur players with the pro world. Armed with our new name, funding and a new product, we’re one step closer to achieving that dream.”
“Our promise to the grassroots community is that nicecactus.gg helps players realize their true potential within competitive gaming. We do this by offering regular cash prize tournaments, providing access to pro esports guides and – in the near future – offering unique training games for our players to train and assess their progress,” said Nic van ‘t Schip, Marketing Director at nicecactus.gg. “We are proud to provide a platform for everyone to level up their game. And now, with our Nicecactus Grassroots Esports Fund, we’re excited to provide a new service to help the best-of-the-best reach the next rank in their esports careers.”
For more information please visit https://nicecactus.gg
New Wave Esports Announces Strategic Investment in Talon Esports
New Wave Esports Corp has announced a strategic investment in Talon Esports Limited (Talon). In addition to the Investment, New Wave will work closely with Talon’s leadership to provide advisory support services to help fuel continued growth.
“We are looking to build on our momentum from 2020 by expanding into additional international gaming titles and further developing our brand through the establishment of our very own creative studio. With the addition of New Wave Esports’ leadership and expertise, we are equipped to continue our aggressive growth and achieve our vision,” Sean Zhang, CEO of Talon Esports said.
“Talon’s proven ability to show revenue growth and thorough execution with no external capital raises to date sets them apart as a strong, leading esports organization. Through the new investment and strategic partnership with Talon Esports we are excited to continue building the next generation of esports as a commitment to executing against our Asian growth strategy we announced in October,” Daniel Mitre, CEO of New Wave Esports said.
Pursuant to the terms of a Subscription Agreement dated November 13, 2019, between New Wave Esports and Talon, the Company has subscribed for 681,818 common shares in the capital of Talon at a price of USD$0.44 per Talon Share, for an aggregate investment amount of USD$300,000.
GODSENT are the Forge of Masters. WePlay! League Season 2 Champions
GODSENT didn’t lose a single map, successfully winning on both maps. They demonstrated high skill and an unbending will for victory. The squad won a championship just a couple of days after officially joining a new organization. During the online stage of Forge of Masters. WePlay! League Season 2 they played with the SMASH Esports tag.
Tricked Esport fought fiercely and took the second place, earning $20,000 in prize money. Team GamerLegion and Gambit Youngsters earned $10 000 each for reaching semi-finals.
The main goal behind Forge of Masters. WePlay! League is to give regional team an opportunity to grow in a healthy competitive environment by participating in regular tournaments.
Find more details about the league at weplay.tv .
“theScore esports” Reaches One Million Subscriber Milestone
Score Media and Gaming Inc. has announced that its YouTube channel “theScore esports” has reached one million subscriber milestone.
The milestone is a result of the channel’s strategy to break-down the barriers that often make the subject of esports inaccessible for many, producing content for both hardcore and casual gaming fans alike through the largest dedicated esports content team anywhere.
“We’re incredibly proud of our growth rate and the success we’ve found across theScore esports’ video franchises. Our focus is on producing premium video storytelling that is equally entertaining and approachable for all levels of fandom. We’re thrilled at how audiences have responded to our content, and we thank our loyal fanbase for all of their support in helping us hit one million subscribers,” Aubrey Levy, VP of Content and Marketing at theScore said.
“As we’ve already seen through our recent partnerships with Ubisoft and Nvidia, the reach and engagement of our video content has also created exciting opportunities for brands. Through our in-house team of esports industry experts and content creators, theScore esports is the perfect partner for those looking to engage with a large and highly-coveted audience of competitive gaming fans,” Aubrey Levy added.
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