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Quickbit Partners with RightBridge Ventures Group

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Quickbit announced that it has entered into a partnership with the investment company RightBridge Ventures Group (RightBridge), which focuses on Esports and Gaming. The collaboration aims to utilise RightBridge’s expertise, market knowledge and reach within the Gaming segment to effectively expand the customer base for both Quickbit Pay and Quickbit App.

Quickbit has, as a result of its strategy and market work, identified Esports and Gaming as a segment with high potential for growth. Due to that, Quickbit is now increasing its focus on effectively penetrating the segment by targeting consumers, gamers, platforms and enterprises.

As part of that effort, RightBridge will assist Quickbit with its expertise to develop a strategy and execution plan to achieve rapid growth in Esports and Gaming. RightBridge will also implement Quickbit Pay as a solution in its portfolio companies where cryptocurrency payments are requested. This will create clear proof-of-concepts within the segment and also mean profitable business opportunities for both parties from the start. In addition, Quickbit App will be applied within RightBridge’s network, where there is a need for that type of product.

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“The Esports and Gaming segment is growing rapidly and has an unusually high degree of maturity in terms of crypto usage. From Quickbit’s side, we see great potential network effects in being able to offer both consumers and businesses a platform to manage and transact with cryptocurrencies. With this collaboration, we drastically reduce the distance from identified to realized potential and look forward with excitement to the effect this can have on our growth in the coming year,” Jesper Sundström, Head of Growth at Quickbit, said.

“We are pleased that Quickbit has chosen Rightbridges Ventures Group as an advisor and strategic partner to help Quickbit enter the growing Esports & Gaming segment. This is a segment that accounts for a large part of crypto trading and with a very high degree of maturity when it comes to crypto payment solutions. Being able to include Quickbit’s crypto payment services in our portfolio companies’ service offerings helps them to strengthen the companies’ market position but also to accelerate Quickbit’s entry into Gaming and Esports. There is a great demand among our portfolio companies’ end customers to be able to buy products online with cryptocurrency,” Carlos Barrios, CEO of RightBridge Ventures Group, said.

“RightBridge Ventures will deliver support to Quickbit through a market strategy work and execution plan aimed at building Quickbit’s brand and increasing their transaction volume,” Carlos Barrios added.

eSports

Red Bull League of Its Own returns with T1 and Karmine Corp confirmed for one-of-a-kind League of Legends tournament

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Red Bull League of Its Own will see the return of the formidable T1 team going up against the most exciting League of Legends teams in Europe T1 and Karmine Corp are confirmed for 2024, with four other teams soon to be announced.

The legendary showcase event will be live streamed globally from Accor Arena in the heart of Paris, France on December 15th, with over 15,000 fans in attendance to witness history in the making first-hand AGON by AOC returns as official Monitor Partner with Opel and Backforce also joining to support the event.

Purchase tickets here: win.gs/Leagueofitsown

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Red Bull League of Its Own, the one-of-a-kind League of Legends showcase, will return as the legendary T1 team will aim to replicate their dominant performance at 2023’s event. This year, Red Bull League of Its Own heads to Paris, France on December 15th, pitting world-class teams from across Europe against each other and promising fans an esports event set to be full of action and surprises.

The 2023 edition saw T1 defeat legendary teams Karmine Corp, Team Heretics, NNO Old, BIG, and Eintracht Spandau, ultimately falling only to G2 in the final showdown at Berlin’s Velodrom. This year, fans can look forward to even more exhilarating gameplay, special guest appearances and match-ups LoL fans won’t see anywhere else – stay tuned for more reveals and surprises coming soon.

Red Bull League of Its Own caps off this year in League of Legends with an invitational event at the Accor Arena, renowned for hosting the likes of Madonna, and My Chemical Romance as well as the 2019 League of Legends Worlds Finals, it’s set to serve as the perfect stage for this high-stakes competition.

On December 15th, six elite teams will compete in a thrilling day-long tournament designed to surprise and delight fans. Currently, the legendary teams Karmine Corp and T1 are the first confirmed participants, with additional teams to be announced soon. True to its name, Red Bull League of Its Own will introduce unexpected matchups and innovative rule twists, ensuring no two games are alike and the outcome remains unpredictable and ultimately surprising until the very end.

Red Bull League of Its Own will be broadcast live from the Accor Arena live on Twitch and YouTube and via soon-to-be-revealed co-streamers.

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The post Red Bull League of Its Own returns with T1 and Karmine Corp confirmed for one-of-a-kind League of Legends tournament appeared first on European Gaming Industry News.

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China Media Group, Esports World Cup and VSPO Sign Strategic Cooperation Agreement on National Institute for Esports Development

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China Media Group, Esports World Cup Foundation and VSPO have signed a strategic cooperation agreement on Friday as the new China Media Group National Institute for Esports Development kicked off in Beijing.

China Media Group (CMG), which operates state television networks including CCTV, formally unveiled the new CMG National Institute for Esports Development on Friday. The Institute then signed a strategic cooperation agreement with the Esports World Cup Federation and VSPO during the establishment ceremony, vowing to jointly organise and participate in future esports events.

The establishment ceremony was attended by Shen Haixiong, vice minister of the Publicity Department of the Communist Party of China (CPC) Central Committee and president of CMG, Sun Shuo, CPC Secretary of Xicheng District and Xue Jijun, head of the institute, among other government officials.

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The three organisations have been long-time advocates for the healthy development of the esports industry. VSPO already works with the Esports World Cup Foundation in organising the inaugural Esports World Cup, an eight-week mega event currently underway in Riyadh with a record-breaking prize pool of more than $60 million.

“It’s a huge honor to be a strategic partner with the Chinese Media Group and the Esports World Cup Foundation with the establishment of the CMG National Institute for Esports Development, which marks another key sign of Beijing’s support for esports development,” Chairman of VSPO, Asia’s biggest esports operator, Dino Ying said.

The post China Media Group, Esports World Cup and VSPO Sign Strategic Cooperation Agreement on National Institute for Esports Development appeared first on European Gaming Industry News.

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eSports

Oddin.gg fuels Dafabet with its esports odds feed and a variety of fast betting content including eCricket

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Oddin.gg is proud to announce its new partnership with Dafabet, a globally recognized platform and online betting powerhouse with global reach. Oddin.gg’s awarded odds feed has further improved the offer of one of the world’s biggest online bookmakers.

Dafabet stands out as one of the premier online betting platforms, boasting a vast, worldwide user base and a top-quality selection of offerings. With the integration of Oddin.gg’s comprehensive suite of esports products, Dafabet will enhance its esports betting experience for bettors by providing creative, esports-only markets and superior betting odds.

Leveraging Oddin.gg’s cutting-edge odds feed, known for its reliability, industry-leading uptime, and profitability, Dafabet will offer an enriched betting experience. The Dafa Sports betting site will also feature Oddin.gg’s fast betting content, including eFootball, eBasketball, and a unique eCricket.

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Additionally, it will introduce a globally unique Counter Strike 2, 1 on 1 format and both male and female versions of a fast-paced table tennis betting product.

By incorporating Oddin.gg’s advanced technology, Dafabet will expand its esports markets, offering a broader range of options to its users regardless of their preferred platform: desktop, Android, iOS. This integration not only enriches Dafabet’s esports portfolio but also sets a new industry standard, combining Dafabet’s robust betting infrastructure with Oddin.gg’s expertise in esports betting.

James Barnfather, Head of Sports at Dafabet, comments: “With the esports industry skyrocketing, a trend we’ve already observed in our sportsbook, we recognized the need to supercharge our offerings to match market demand. Choosing Oddin.gg was an easy choice due to their unparalleled expertise and ideal product suite for our needs. This new alliance with Oddin.gg empowers us to intensify our commitment to esports betting globally. We have been eagerly anticipating the launch of these enhanced features for our players. On top of it, we see great potential in a 24/7 eCricket solution in line with growing appetite for cricket betting, yet lacking enough content such as football. The product is a perfect solution to fill the gaps. On the integration side, we have collaborated with various partners, and the feedback on Oddin’s integration has been overwhelmingly positive. Our team rates it as one of the best experiences, noting the prompt and precise responses.

Marek Suchar, Managing Director and Co-founder at Oddin.gg, explained why he is enthusiastic about the partnership: “We are really excited about this partnership with such a strong and well-known traditional brand. We admire the top expertise of Dafabet’s team combined with the massive community impact they have with their sponsorships. We feel honored to bring the most engaging esports betting experience to all Dafabet’s clients globally. Dafabet is also renowned for their commitment to responsible gaming and integrity which is in line with our long-term vision for the esports industry.”

 

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The post Oddin.gg fuels Dafabet with its esports odds feed and a variety of fast betting content including eCricket appeared first on European Gaming Industry News.

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