Sky Mavis today announced a $2.4 million esports grant to be paid out in various tournaments and invitationals.
Sky Mavis today announced a $2.4 million esports grant to be paid out in various tournaments and invitationals.
The first official winner of a grant is Method MetaGuild.
Sky Mavis’ recent early access release of Axie Infinity: Origins, formerly named Axie Infinity: Origin, has provided an avenue to further develop and expand its esports initiatives.
The company will commit 160,000 AXS ($2.4 million) to be dispersed between Q4 2022 through Q2 2023. To date, Axie Infinity has enabled 94 tournaments through its grant program, which is designed to help the Axie competitive scene to thrive by spreading AXS across multiple regions and skill levels.
The grant model will be broken down as follows:
Major Tournaments – will have the chance to giveaway ao $200,001 – $1,000,000 prize pool.
