World’s first play-to-earn mobile esports tournament organization and streaming platform with payouts in crypto and NFTs. Yield Guild Games (YGG) and Ascensive Assets co-led a seed funding round for mobile play-to-earn tournament infrastructure provider Ignite Tournaments, also attracting investment from Arca, Mechanism Capital, SkyVision Capital, Eden Holdings, D1 Ventures, Morningstar Ventures, Genblock Capital, Moonboots Capital, and Ghaf Capital.
Prominent angel investors such as Kieran Warwick (Co-Founder of Illuvium), Danish Chaudhry (CEO of Bitcoin.com exchange), and Richard Ma (CEO of Quantstamp) also participated in the round.