is raising $11 million toward local tournaments

By on August 4, 2017 at 6:00 pm
smashgglogo has risen as a premier platform for hosting tournaments — from the smallest locals to huge tournaments like Combo Breaker and the Evolution Championship Series — and it’s not stopping.

VentureBeat reports that raised $11 million “to help local esports fans create their own tournaments.” The idea is to help out scenes on a grassroots levels — rather than giving more money to major events, to try to inspire local events to pop up more often. Several investors are pouring money into the platform — which, in addition to fighting games, gets occasionally used by sporting events, trading card game tournaments, and Rocket League. Over 2,000 events per month crop up on the service.

Currently, is running Burst League and Curleh Circuit, which are ongoing until their finals in September. The VentureBeat article doesn’t state exactly how the funding will work.

Now, if $11 million enters the picture, could we expect some kind of monetary support to those scenes who opt to participate in Burst League/Curleh Circuit? Stay tuned until we find out more — possibly in the second seasons.

Source: VentureBeat

Luke "Woocash" Siuty is a Chicago-based writer who specializes in ArcSys titles. A Guilty Gear veteran, he plays Baiken and commits atrocities by playing Sin when he's not busy pondering the ArcSys Cycle. He's always down to talk on Twitter, so send him tips. He's good at OS-ing in real life, not so much in video games, though.