May 10, 2022 – Singapore, Singapore
FACEIT, the world’s leading platform for competitive online games, today announced a multi-million dollar partnership with Cake DeFi, one of the world’s fastest growing crypto fintech platforms. Did. This allows users to get cash flow from crypto.
Facilitated by a pivot agency, this collaboration provides Cake DeFi with genuine brand exposure to all FACE IT users around the world through a series of bespoke, multi-faceted gaming experiences, giving the community the opportunity to win crypto. To do. This year, Cake DeFi will offer players over $ 500,000 in cryptocurrency prizes.
According to a survey, 55% of millennial gamers own cryptocurrencies, while only 5% of all millennial generations show a natural connection between games and the cryptocurrency industry.
The partnership with FACEIT marks the first entry of CakeDeFi into the gaming and esports arena. The deal gives the company access to FACEIT’s 25 million user base, the largest network of competitive gamers, giving players a unique opportunity to win real crypto awards while playing. I can.
In addition, through access to the Cake DeFi platform and decentralized finance applications, they can increase their winnings and profit from cryptocurrencies.
Michele Attisani, co-founder and CBO of FACEIT, said:
“The FACEIT platform has the largest community of competitive gamers, which means we have a unique understanding of this audience. Our users are incredibly positive and educated about cryptography. The partnership we chose needed to bring concrete and real value to be interesting. Collaboration with Cake DeFi is more than brand integration and clear empirical and clear to the community. Provides financial benefits [that] Go beyond what this type of partnership has ever offered. “
FACEIT users are core gamers who spend an average of two and a half hours a day on the platform. A recent survey of FACEIT users found that many are already interested in and investing in crypto, showing a natural synergistic effect between both the brand and the industry.
- They are innovative thinkers, and 66% agree that cryptocurrencies are the future of online trading.
- 80 percent have heard about crypto
- 36 percent invest in crypto
- 46% are very likely or likely to use crypto in the next 12 months More likely to use cryptocurrencies for online purchases than the average person
The partnership incorporates CakeDeFi missions, including in-game tasks and monthly challenges for players to complete to win cryptocurrency prizes. It also includes the Cake DeFi Weekly Tournament. This tournament is held year-round and is open to FACE IT players from around the world.
Players can sign up for Cake DeFi to earn even more rewards with the cryptocurrencies they earn. All cryptocurrency prizes are available through your Cake DeFi account, allowing FACEIT to extend its current play-to-earning service.
Talking about the partnership, CakeDeFi CEO and co-founder Dr. Julian Hosp said:
“Gamers have a natural affinity for cryptocurrencies and are now able to participate in the DeFi movement. The partnership between Cake DeFi and FACEIT allows players to earn cryptocurrencies during the game and earn cryptocurrencies through our platform. In 2021, we paid our customers $ 230 million, which means it’s Win-Win-Win for FACEIT gamers. “
Cake DeFi is the leading crypto fintech platform that provides users with access to DeFi (Distributed Finance) services and applications such as liquidity mining, staking and lending, and brings regular benefits to users. ..
They currently manage over $ 1 billion in client assets, providing users with one of the highest cryptocurrency revenues on the market as an easy-to-use, secure and transparent one-stop platform.Last year, they paid their customers $ 230 million. And this year, they aim to increase this to more than 74% or $ 400 million in rewards.
About FACE IT
FACEIT is the leading competitive platform for online multiplayer games with over 25 million users. Through FACEIT, players, organizers, game developers, and brands have access to a dedicated platform that enhances the development of a competitive gaming ecosystem through play, organization, and social features.
By covering the full range of competitive games, from grassroots to professional players, the platform is the largest of its kind and already has a long-standing partnership with the industry’s most important game publishers.
For more information, please visit our website.
About CakeDeFi
Cake DeFi is a fully transparent, innovative and regulated fintech platform that enables users to generate profits from crypto and digital assets to access decentralized financial services and applications. Is dedicated to providing. It operates and is registered in Singapore and is fully compliant with all regulatory requirements of the Monetary Authority of Singapore (MAS).
Cake DeFi educates and informs people around the world about cryptocurrencies and DeFi in a simple, easy-to-understand and hassle-free way by enabling users to harness the potential of decentralized finance. I am aiming for.
For more information, please visit our website.
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Leticia Chua, Cake DeFi
This content is sponsored and should be considered promotional material. The opinions and statements contained in this document are those of the author and do not reflect the opinions of The Daily Hodl. Daily Hodl is not a subsidiary or owner of an ICO, blockchain startup, or company advertising on our platform. Investors need to do due diligence before making risky investments in ICOs, blockchain startups, or cryptocurrencies. Please note that your investment is your own responsibility and any loss you may incur is your responsibility.
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