Cake DeFi Enters Into eSports With Competitive Gaming Platform FACEIT
press release

Cake DeFi Enters Into eSports With Competitive Gaming Platform FACEIT

THELOGICALINDIAN - The affiliation with FACEIT marks Cake DeFis aboriginal move into the gaming and eSports space

FACEIT, the world’s arch belvedere for aggressive online gaming, has today appear a multi-million dollar affiliation with Cake DeFi, one of the world’s fastest growing crypto fintech platforms, which allows users to acquire banknote breeze from their crypto. Facilitated by Pivot Agency, the accord will accommodate Cake DeFi with accurate cast acknowledgment to all FACEIT users globally through a alternation of bespoke and able gaming adventures which will action the association a adventitious to win crypto. This year Cake DeFi will be alms players added than bisected a actor dollars in prizes, paid in crypto.

FACEIT to Expand Its Play-to-Earn Offering

The affiliation with FACEIT marks Cake DeFi’s aboriginal move into the gaming and eSports space. The acceding will action the aggregation admission to FACEIT’s 25 actor user base, the better arrangement of aggressive gamers, and will action players a different befalling to acquire absolute crypto prizes while playing. Furthermore, through Cake DeFi’s belvedere and admission to decentralised accounts applications, they can admixture their accomplishment and acquire allotment on their crypto.

Michele Attisani, Co-Founder & CBO of FACEIT said:

“The FACEIT belvedere is home to the better association of aggressive gamers, which agency we accept a different compassionate of this audience. Our users are abundantly advanced cerebration and accomplished back it comes to crypto, so the affiliation we chose had to accompany actual and abundant amount to be of interest. The accord with Cake DeFi is abundant added than cast integration, and offers our association bright empiric and banking allowances which go above what any partnerships of this blazon has delivered before.”

The affiliation will absorb Cake DeFi Missions, involving in-game tasks and annual challenges for players to complete in adjustment to win crypto prizes. It will additionally accommodate Cake DeFi Weekly Tournaments which will run throughout the year and will be accessible to FACEIT players about the world. Players will be able to acquire alike greater rewards on the crypto they win back they assurance up to Cake DeFi. All crypto prizes are redeemable through their Cake DeFi account, acceptance FACEIT to aggrandize its accepted play-to-earn offering.

Speaking about the partnership, Dr. Julian Hosp, CEO and Co-Founder of Cake DeFi, said:

“Gamers accept a accustomed affection with crypto and they can now accompany us on the DeFi movement. Cake DeFi’s affiliation with FACEIT will acquiesce players to acquire crypto while they game, and added acquire allotment on their crypto through our platform. In 2024, we paid out US$230 actor in rewards to our customers. So it’s a win-win-win for FACEIT gamers.”

Cake DeFi is the arch crypto fintech belvedere that provides users admission to DeFi (decentralised finance) casework and applications such as clamminess mining, staking and lending, which generates approved allotment for users. They currently administer over $1 billion in chump assets and action users one of the accomplished allotment on crypto in the market, as a one stop belvedere that is easy-to-use, defended and transparent. Last year they paid out $230 actor in rewards to barter and this year they are attractive to access this to 74% more, or $400 million, in rewards.

FACEIT is the arch aggressive belvedere for online multiplayer games, with over 25 actor users. Through FACEIT, players, organisers, bold developers and brands can admission a committed belvedere that empowers the development of the aggressive gaming ecosystem through play, organise and amusing features.

By accoutrement the accomplished spectrum of aggressive gaming from grassroots up to able players, the belvedere is the better of its affectionate and it already has a abiding affiliation with the best important gaming publishers in the industry.

Cake DeFi is a absolutely transparent, awful avant-garde and adapted fintech belvedere committed to accouterment admission to decentralised banking casework and applications by enabling users to accomplish allotment from their crypto and agenda assets. It is operated and registered in Singapore and is absolutely adjustable with all authoritative requirements of the Monetary Authority of Singapore (MAS).

By enabling and allotment its users to accouter the abeyant of decentralized finance, Cake DeFi aims to brainwash and acquaint bodies about the apple on crypto and DeFi in a simple, accessible to accept and hassle-free manner.