Esports Mogul (ASX: ESH), in conjunction with gaming hardware manufacturer Razer Inc, are gearing up to bring a new eSports tournament series to audiences in 2019 with $275,000 in prize money up for grabs.
The Asia-focused tournament series, coined Silver Slam, is set to take place throughout February.
Silver Slam will host a range of daily casual competitive matches and weekly professional tournaments throughout the month, in both current Mogul-integrated titles and several additional eSports games.
It’s expected the inaugural tournament will significantly drive user acquisition and platform activity across all Mogul service offerings as it sports a range of new game titles, tournament types and competitive prizes.
Esports Mogul said Silver Slam had been designed in line with its strategic partner, Razer Inc, which recently announced their reward currency rebrand to Razer Silver.
Joining forces for the tournament comes after Razer chief executive officer Min-Liang Tan recently singled out Esports Mogul as a “key way” to win the Razer Silver reward credits.
Silver Slam will be promoted by Razer, which will significantly expand the reach of the competition’s audience thanks to Razer’s large user database of more than 50 million.
Esports Mogul is confident Silver Slam will aggressively drive user acquisition and significantly increase platform activity across all Mogul service offerings due to the provision of tournaments in a range of new eSports titles and ultimately being rewarded with Razer Silver credits.
Esports Mogul managing director Gernot Abl said the company was thrilled to be able to offer such a vast tournament series in 2019, supporting the integration of new titles and a large prize pool.
“Silver Slam will be a great way for Mogul and Razer to work together to drive user acquisition across all Mogul service offerings and increase brand awareness,” he said.
As the first eSports business to list on the ASX, Esports Mogul’s flagship eSports platform, Mogul, is a tournament and matchmaking platform with “full automation” for major eSports titles such as Counterstrike and Vain Glory.
Silver Slam isn’t the first competition that partners Esports Mogul and Razer have teamed up in.
Last month, renowned martial arts organisation ONE Championship announced it intended to invest up to US$50 million (A$69 million) into a separate entity called ONE eSports to create Asia’s largest global eSports Championship Series.
The newly formed ONE eSports will be supported by a host of companies including Esports Mogul, Razer, Dentsu and Singtel.