Sky Mavis, the developer behind Axie Infinity, has introduced the creation of a brand new $2.4 million esports grant. As a part of the grant, funding will likely be paid out for numerous tournaments a and invitationals with Methodology MetaGuild because the funds first recipient.
Sky Mavis will decide to 160,000 AXS (or $2.4 million) which will likely be dispersed from This fall 2022 and into Q2 2023. For the time being, Axie Infinity has offered assist to over 94 tournaments, which can assist Axie Infinity to increase its attain into the aggressive world.
In accordance with the workforce, the grant is damaged down as follows:
Main Tournaments: which boast a $201,000 – $1,000,000 prize pool
These competitions might want to have agency standards for prizing, on-line qualifiers and a robust bodily presence in the course of the closing.
Minor Tournamennts – $50,001 – $200,000
Smaller-scale contests with some qualifiers and smaller-scale LAN finals
On-line Invitational contests & League video games – $10,000 – $50,000
Pertains to wholly on-line contests with no bodily presence required.
Native Tournaments – $1,000 – $9,999
These can be native, smaller-scale organizers, contests and beginner occasions.
Methodology MetaGuild has additionally expanded into the world of Axie Infinity eSports. As the primary ever recipient of the grant, Methodology will likely be internet hosting each on-line and LAN competitions with a $160,000 grand prize.