Published on: 14/04/2022
Sedania’s ESPL to enter metaverse, NFT gaming business
Sedania Innovator Bhd’s Singapore headquartered gaming arm Esports Players League (ESPL) has made its foray into cryptocurrency, NFT gaming business, and the metaverse through a recent partnership with Yield Guild Games Southeast Asia (YGG SEA). Reportedly, the partnership aimed to generate a whopping number of up to 300,000 gamers for both ESPL and Sedania Innovator.
Sedania has provided details about the partnership in a company press release. It said both parties were keen to develop a sustainable ecosystem through digital assets initiatives, in line with the company’s Environmental, Social, and Governance (ESG) goals.
“The partnership will allow ESPL to focus on enabling the 3Gs (Game Publishers, Gamers, and Guilds) to build a sustainable ecosystem by launching exciting NFTs and projects surrounding cryptocurrency other than gaming tournaments,” Sedania in the press release.
According to the release, the future prospects of ESPL are very much aligned with that of Sedania’s, especially in the field of technology. Sedania founder and managing director Datuk Azrin Mohd Noor expressed the belief that the metaverse will enhance the company’s vision of ESPL as a players-centric platform. Additionally, a direct partnership with YGG SEA will lead the vision to fruition, which is creating a sustainable platform through the metaverse.
“It is important for the group to discover the viability of cutting-edge technologies critical to the Metaverse as it believe it enhances its vision of ESPL as a compelling platform that provides a more exciting gaming experience for players,” Noor explained.
“We’ve been working closely with ESPL to drive sustainable Esports development. Through our partnership with YGG SEA, we can channel our growth by building the foundations of a sustainable Metaverse with ESPL being at the helm of the community.”
The company is experienced in esports gaming and digital banking. Notably, Sedania’s first-ever foray into the esports scene was in 2019. The company also founded ESPL by investing in Esports Pte Ltd.
ESPL’s development, future prospects
ESPL said they were optimistic about the partnership, saying that the global esports tournament and platform sought to expand its user base. With huge esports influence in 16 countries across Asia, Europe, and America, ESPL said they wanted to organize more globalized metaverse and NFT games tournaments.
“ESPL has organised tournaments for the world’s top game publishers including Riot Games, Supercell, Tencent, Sky Mavis, and many others. Coming from its roots as a community-driven esports platform, ESPL is working towards its goal of becoming the preferred platform for competitive gaming across all genres in the Metaverse,” the press release read.
ESPL CEO Daryl Teo said ESPL was excited about the coming of Web 3.0. Teo added that ESPL was looking to develop gaming tournaments in the metaverse.
“Moving forward in 2022, ESPL will organise a series of tournaments involving a globalised Metaverse and NFT games such as Axie Infinity by Sky Mavis. We are optimistic that the success of our current tournaments will be a signal from gamers to continue our pursuit of expanding our user base,” Teo explained.