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SAINT PETERSBURG, FL , June 5, 2022 – (ACN Newswire) – ESTN announced the official launch of the Electronic Sports Tournament Network – a global blockchain-powered metaverse esports arena owned via NFT ‘Seat Licenses’.
The ESTN platform allows gamers and organizers to host their own online tournaments and the ability to earn a share of fiat winnings, prize pools and arena earnings and NFT distributions via the ESTN Vault. Esports tournament competitor pairings will be based upon the ESTN-derived Universal Player Ranking engine (UPR score) to assure like-skilled athlete match play.
18,100 NFT-based ESTN arena seat licenses are available and unlike traditional NFT’s, ESTN seat holders will earn a percentage of future game pass revenue generated through tournament fees. ESTN plans to allow game developers to self-publish new games to the ESTN Metaverse Arena for direct-to-developer revenue pass-through.
“We’ve been developing ESTN for over 4 years and have…
Full story available on Benzinga.com
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