The Toronto-based gaming entertainment company said the partnership focuses on EV.IO, a first-person shooter game where users earn cryptocurrency rewards. It also establishes Coinbase, the largest U.S. cryptocurrency platform by volume, as the “preferred infrastructure provider” for its portfolio of Web3-enabled games. (The Logic)
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The Toronto-based gaming entertainment company said the partnership focuses on EV.IO, a first-person shooter game where users earn cryptocurrency rewards. It also establishes Coinbase, the largest U.S. cryptocurrency platform by volume, as the “preferred infrastructure provider” for its portfolio of Web3-enabled games. (The Logic)
Talking point: It’s the second major partnership for Enthusiast recently, after it entered into a live-streaming agreement with the NFL last week. EV.IO will include features from Coinbase’s developer platform, such as crypto wallets, according to Bill Karamouzis, president of Enthusiast. Coinbase has enabled crypto transactions in the gaming industry before, including with its 2021 agreement with Team Liquid, a professional esports organization. Enthusiast shook up its management ranks in August and is seeking a new CEO after a major shareholder pushed for changes. Its stock closed up less than one per cent Thursday, but remains down more than 50 per cent from the start of the year.
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