Weekly Esports Wrap Up | Jun 21
by Community Gaming in Web3 · 2024-06-24
Weekly Esports Wrap Up | Jun 21

IOC proposes creation of the Olympic Esports Games

The International Olympic Committee (IOC) Executive Board has proposed the establishment of the Olympic Esports Games, with a final decision to be made at an upcoming IOC session in July 2024 during the Paris 2024 Olympics. This initiative follows years of engagement with the esports community, beginning with the Esports Forum in 2018 and continuing through events like the Olympic Virtual Series in 2021 and the Olympic Esports Week in 2023. The move is part of the IOC's broader strategy to adapt to the digital revolution and attract a younger audience, as esports is particularly popular among people under 34. Don’t expect games with potentially harmful or violent themes on the future lineup – this may rule out popular titles like Counter-Strike and League of Legends.

In the words of IOC President Thomas Bach: “With the creation of Olympic Esports Games, the IOC is taking a major step forward and is keeping up with the pace of the digital revolution. We are very excited how enthusiastically the esports community represented in our Esports Commission has engaged with this initiative. This is further proof of the attractivity of the Olympic brand and the values it stands for. Read the official Olympics statement here.

Sky Mavis announces launch of Ronin zkEVM

Sky Mavis, the company behind Axie Infinity, is scaling its gaming blockchain, Ronin, by introducing Ronin zkEVM. This dedicated zero-knowledge Ethereum Virtual Machine (EVM) layer-2 chain aims to enhance scalability and accommodate a larger user base, facilitating the growth of Sky Mavis's game studio partners. 

Sky Mavis co-founder Jeff Zerlin highlighted that the Ronin network, currently the largest gaming blockchain with 1.5 million daily active users, is preparing to handle up to four billion transactions per day. The network has already attracted significant games like Web3 game Pixels, which gained over 4.4 million users since migrating to Ronin. The new zkEVM chain promises a seamless cross-chain experience, potentially higher staking rewards, and opportunities for third-party builders to launch their own layer-2 blockchains, driving further innovation and user engagement in the Web3 gaming space. For more, read the official Ronin announcement on X.

Amouranth acquires stake in Wildcard Gaming

Prominent content creator Kaitlyn ‘Amouranth’ Siragusa announced that she has become a co-owner of North American esports organization Wildcard Gaming, acquiring a significant ownership stake. Known for her massive online following, Siragusa will help expand the organization, which recently rebranded and plans to build a performance center in Houston. This investment marks her first foray into esports, complementing her diverse portfolio of ventures. Siragusa will also participate in Rainbow Six watch parties and enhance Wildcard’s social media presence, shaping its growth like other creator-led esports brands have (here’s looking at you, DisguisedToast and MoistCrit1kal). Check out the official news from Wildcard Gaming here