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ESE (TSXV:ESE) partners with Bitcoin Vault to create promotional NFTs

Consumer, Technology
CDX:ESE
23 August 2021 10:45 (EDT)

ESE Entertainment (ESE) partners with Bitcoin Vault to launch a set of non-fungible tokens for the SkillzVault by Bitcoin Vault esports talent show.

SkillzVault by Bitcoin Vault is a global esports tournament. During the tournament, participants from five countries will compete in the mobile games PUBG and Peacekeeper Elite.

The tournament was first launched in South Korea on August 2, and the Japan edition launched today. The project will conclude with a final in Brazil on November 21.

This first set of NFTs launched in connection with SkillzVault by Bitcoin Vault included images of the character that represents South Korea in the tournament.

Radek Popiel, Chief Communications Officer at Bitcoin Vault, commented on the new NFTs.

“The market has seen incredible growth in the past year, so we decided to release a series of NFTs together with ESE to create collectibles related to this unique event,” he said. “This is just the first step, and more will come in the coming weeks while we advance into SkillzVault.”

ESE and Bitcoin Vault plan to release a set of NFTs for each of the four remaining tournament countries–China, Japan, Vietnam, and Brazil.

If the launch of the remaining SkillzVault NFTs proves successful, ESE will look into integrating NFTs in its other endeavours in the future.

Michal Mango, head of strategy at ESE, also commented on the NFT launch.

“We had been internally conducting research and development around NFTs, and thanks to the cooperation with Electric Vault we’ve turned this concept into reality,” he said.

“We are thrilled to have taken our first step into the NFT space and capitalize on this opportunity,” he added.

ESE Entertainment is a European entertainment and technology company focused on esports and gaming.

ESE Entertainment (ESE) is up 8.42 per cent, trading at $1.03 per share as of 10:12 am ET.

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