The FTX Collapse Explained
One of the biggest sponsors in esports is collapsing as we speak.
FTX, a cryptocurrency exchange, sponsored Team SoloMid in a record-breaking $210-million deal. But that seven-year agreement barely made it to year two.
The timing is bad – esports hasn’t exactly been bulletproof this past year, and cryptocurrency as a whole is swinging downward.
So today we’re taking a look at what the FTX collapse means for esports – and where things might go from here.
Written & Hosted by: Josh Bury (@ThrownGauntlet)
Edited by: Jason Durante
Thumbnail by: William O'Keefe (@magoo_o)
Produced by: Danny Burke (@lurkeyburke) & Keith Capstick (@KeithCapstick)
Music used under license from Associated Production Music LLC (”APM”).
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