MSE Announces 2020-21 Programming for Esports Sub-Brand Caps Gaming

Monumental Sports & Entertainment today announced its 2020-21 season programming for Caps Gaming – an esports-focused sub-brand that aims to help foster the growth of the NHL competitive gaming community and create visibility for hockey’s esports scene. As the focal point of its programming this season, Caps Gaming will bring back the Caps Gaming Showcase presented by Leidos again for 2020-21.

The Caps Gaming Showcase is an EA Sports NHL21 competition featuring the best 6’s teams in the NHL gaming community. In 2019-20, 82 teams participated in the Caps Gaming Showcase. This year’s competition will be an eight-week, Swiss-format event beginning in early December 2020. At the conclusion of the eight weeks, the top 32 teams will qualify for a single-elimination tournament that will run from early February through early March. The total prize pool for the Caps Gaming Showcase in this season is $20,000. Signups for the Caps Gaming Showcase will begin in mid-November. Leidos returns as the presenting partner for the Caps Gaming Showcase for the second year in a row and will have brand integration on Caps Gaming Showcase livestreams on the Capitals’ Twitch channel, social graphics, and on Caps Gaming jerseys worn by all four semifinalist teams in the Showcase. 

“When we first introduced Caps Gaming to the ‘Chel’ community, we were blown away by the response,” said Zach Leonsis, SVP, Strategic Initiatives at Monumental Sports & Entertainment. “We couldn’t be more excited to expand upon last year’s inaugural season of Caps Gaming and continue to engage with this quickly growing esports community. Esports is a key growth initiative for Monumental Sports & Entertainment, and Caps Gaming is certainly an important part of our strategy.”

In addition to the Caps Gaming Showcase, Caps Gaming is pleased to announce a new competition for this season, the Caps

Japanese Esports Team Can Start Receiving Its Pay In Cryptocurrency

KEY POINTS

  • SBI e-Sports players in Japan could opt to receive their salaries in XRP
  • This decision is part of the deal with SBI VC Trade, a venture firm who also sponsors the e-Sports team
  • XRP currently has a market cap of $10.9 billion

Japan-based SBI e-Sports recently announced that players on the team could receive their salaries in the cryptocurrency XRP as part of a deal with SBI VC Trade, a venture firm established by Japanese financial conglomerate SBI group, and who also sponsors the e-Sports team.

First announced in a press release on Sept. 30, the sponsorship entails SBI VC Trade’s logo on the official website, with plans to put this logo on the players’ uniforms as well. The players have the option to receive their salaries in XRP moving forward.

Through the support of VC Trade, SBI e-Sports aims to continue building a strong team that will encourage the global fans to further appreciate e-games, the Japanese press release said.

XRP, the cryptocurrency of financial firm Ripple, currently has a market cap of $10.9 billion, making it the fourth largest cryptocurrency by market cap. Cointelegraph notes that Ripple has been a partner of SBI e-Sports and had, in 2019, established a $100 million fund to support game developers.

The Roppongi-based SBI VC Trade is engaged in cryptocurrency related services, such as exchange, translation services, and information offering. Its mission is to establish and nurture a digital asset and cryptocurrency market based on its customer-centric principles. The company has been registered as a Virtual Currency Exchange Service Provider since 2017.

In June 2019, SBI Holdings announced the establishment of SBI e-Sports, signalling the conglomerates entry into the eSports business. Citing the remarkable rate of development of the eSports industry, SBI said eSports has already been adopted as part