TSM Partners With Avalanche To Revolutionize Gaming Industry
Global esports, video game, and creator-focused company TSM is partnering with Blitz, its competitive gaming platform, to revolutionize the gaming industry. The two companies will leverage Avalanche, a cutting-edge blockchain platform, to create new experiences for players, fans, and creators.
Avalanche replaced FTX and reached a cooperation agreement with the North American e-sports team TSM, as its exclusive blockchain partner, with an undisclosed amount of sponsorship. Blitz, the company’s gaming app with 30 million users, will be built on an Avalanche Subnet. TSM… https://t.co/Cuzzuiv5ao
— Wu Blockchain (@WuBlockchain) March 8, 2023
Pioneering Gaming Innovations
As part of the partnership, Avalanche will be named the Exclusive Blockchain Partner for TSM and Blitz. TSM will use Avalanche to power all user payments and to store, sell, and purchase digital assets. Meanwhile, Blitz, the company’s gaming app with 30 million users, will be built on an Avalanche Subnet, which is a custom blockchain designed to maximize speed, security, and scalability.
The partnership will pioneer innovations with Subnets powered by $AVAX. Blitz’s Subnet will use $AVAX for gas fees and burn a portion of $AVAX fees with every transaction that gamers make. In the future, the Blitz Subnet intends to evolve into an Elastic Subnet, enabling greater community involvement by allowing users to validate the Subnet.
Hosting Avalanche-branded Tournaments
TSM will also host Avalanche-branded tournaments on the Blitz Subnet, providing gamers with performance insights and learning tools, and allowing players to compete in Blitz Arena for prizes. This move will help gamers improve their skills while also enjoying the benefits of blockchain technology.
John Wu, President at Ava Labs, the company behind Avalanche, said, “Partnering with TSM brings truly innovative gaming experiences to players around the world. Avalanche’s fully customizable subnets were created to help organizations like TSM push the boundaries of what is possible for gaming with sub-second transaction speed, scalability, and security for millions of users.”
Setting New Gaming Heights
Andy Dinh, founder and CEO of TSM and Blitz, said, “I am excited to partner with Avalanche on experiences that will add value to our users and fans. They are an authentic leader in this space, and together we share a long-term vision of building products that are authentic and beneficial to our community.”
The partnership comes at a crucial time for Avalanche gaming. With Avalanche’s many popular live games and anticipated titles coming from top publishers, Avalanche has emerged as the leader for game developers and players. The collaboration between TSM, Blitz, and Avalanche is set to take the gaming industry to new heights.
