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Gfinity selected as partner for esports world cup
Gfinity selected as partner for esports world cup.
About this update from Gfinity Plc
[{"type":"text","content":"\n \nRNS Number : 8671X Gfinity PLC 02 May 2019 \n\nThe information contained within this announcement was deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 (\"MAR\") and with the publication of this announcement, this information is now considered to be in the public domain.\n 2 May 2019\nGfinity plc\n(\"Gfinity\" or the \"Company\")\n \nGfinity selected as strategic partner for inaugural esports world cup \n \nGfinity plc (AIM: GFIN), a world-leading esports solutions provider, is pleased to announce that it has entered into a partnership with TRUXTUN Capital, to be the primary consulting and programme management partner for the inaugural Esports Wega World Cup. The esports world cup will include a number of popular games and will culminate alongside the 2022 FIFA World Cup finals. \n \nGfinity's selection for this event further endorses its evolved strategy and status as a global partner of choice to provide multi-faceted, integrated end-to-end esports solutions.\n \nThe tournament will be presented by Wega, the official Acoustic Contactless Secured Payment Card of Manchester City FC and New York City FC, and a leading global SCA (Strong Customer Authentication biometric base) payment solution provider. Wega was developed by TRUXTUN Capital, a Swiss financial technology provider.\n \nUnder the terms of the contract, Gfinity will be responsible for the planning and design of both the online and offline formats, utilising its proprietary technology platform, managing the commercial and media rights, advising on the marketing and content strategy and engaging any necessary third parties. \n \nGfinity's initial mandate is to design and develop a global online and offline tournament format which is targeted to kick off in early 2020. In addition, Gfinity will plan and deliver a launch event to be held before the end of this year, alongside planning an annual esports festival. \n \nGfinity will be engaging with leading publishers across a wide range of game genres over the coming months with the goal of finding exclusive partners to build out this exciting new global programme. At this stage, no specific games have been selected for the inaugural Esports Wega World Cup.\n \nGarry Cook, Executive Cha...