ESE Entertainment teams up with Bitcoin Vault on new esports gaming show

ESE Entertainment Inc (CVE:ESE) (OTCQB:ENTEF) said it has signed a major new content production deal with Electric Vault Sp zoo (Bitcoin Vault) to debut a new esports talent show in Asia and South America. The deal is reported to be worth “seven figures” according to the company. The gaming show will roll out in China, Japan, South Korea, Vietnam and Brazil – some of the largest markets in the world by game revenue. READ: ESE Entertainment says esports squad K1CK links up with Portuguese football club to launch worldwide FIFA 21 tournament Electric Vault is a blockchain development company that is currently developing the Bitcoin Vault (BTCV) cryptocurrency. The BTCV project launched in 2019 and is considered to be the only Proof of Work cryptocurrency that offers a reversible transactions feature on an immutable blockchain. ESE told investors that the production deal will strengthen its presence in the global esports and gaming markets while expanding its media rights and production capabilities. Developed as a talent show format, the program will feature amateur esports athletes showcasing their skills in popular mobile games, including PlayerUnknown’s Battlegrounds and Peacekeeper Elite. ESE will be responsible for the show’s production and infrastructure, from concept to media plan to technology implementation and overall rollout. Other partners involved in the project include VYRAL Producer of Gaming Projects, VidWe, Converters and Next Level Agency. “ESE is actively exploring new and innovative ways to incorporate cryptocurrencies and other blockchain-based payment solutions within the gaming and esports world,” Jedrzej Steszewski, ESE’s director of EU operations told shareholders in a statement. “We are thrilled to run this major gaming talent show with Bitcoin Vault in markets that are global leaders in esports and gaming.” The program allows young non-professional players to showcase their skills in the esports world, said Radek Popiel, chief communications officer at Bitcoin Vault. “Esport is a rapidly growing industry and driver for fintech based on cryptocurrencies. Those industries are already working together, and we want to contribute our part to the global cryptocurrencies adoption,” he added. ESE is a Europe-based entertainment and technology company focused on gaming, particularly on esports. Contact Angela at angela@proactiveinvestors.com Follow her on Twitter @AHarmantas