eSports gaming marketplace Moxy.io has announced the launch of its “eSports for ALL” Beta Challenge.
In a press release shared with Cryptowisser, the team said the challenge allows gamers to participate in eSports-style gaming for a prize pool that contains $100,000 cash, MOXY tokens and collectibles.
The team explained that the upcoming Beta Challenge is considered a major milestone in Moxy’s roadmap. The challenge seeks to thoroughly stress-test the platform’s various components while onboarding eSports competitors ahead of the eventual platform launch and Token Generation Event (TGE).
MOXY takes advantage of blockchain technology to facilitate real-time transactions and ensure players are protected from fraud and hacking.
In the Beta Challenge, participants will seek to win games against other players to accrue points and progress through four ‘seasons’. Once the fourth season comes to an end, those leading the Moxy Leaderboard will receive prizes, including cash payouts (in the USDC stablecoin), native MOXY tokens, and Moxy Collectibles.
Gamers would have the opportunity to win $100,000, not including MOXY tokens and collectibles. Players must be 21 years or older to enter the Challenge.
To join the challenge, players are required to register, create a Moxy Club account and complete KYC, after which they will receive the 1,000 MOXY testnet tokens required to face off with other eSports competitors.
Furthermore, players stand a chance to earn a bonus of 50 MOXY tokens for every referred player who subsequently completes the signup and KYC process.
Moxy wants to become a major player in the gaming industry. The company believes that the gaming ecosystem is still largely reserved for elite gamers who compete as part of professional teams at invite-only events. The blockchain-powered platform makes eSports gameplay available to everyday gamers, with real rewards flowing into the hands of the winners.
In addition to that, Moxy intends to integrate popular games, enabling players to play an eSports-enabled version of their favorite releases and earn lucrative real-money prizes.
Moxy.io (MOXY) is the first company to deliver on-demand eSports for all gamers. Powered by blockchain technology, the platform is built around a global gaming token that all players can use in competitive gameplay.