In Brief:
- Aurory is teaming up with the most valuable esports organization in the U.S., TSM FTX.
- Four TSM-branded Aurory NFTs will be minted, one will be auctioned for charity and another will be given away
- Two of the remaining TSM FTX will be used to generate revenue for Aurory’s upcoming play-to-earn game
The esports company, now known as TSM FTX, announced a collaboration with Aurory, an NFT gaming startup from Solana. This will be TSM FTX’s first-ever collection of NFTs.
The crypto and esports industries share a great deal in common when it comes to convergence,” said Walter Wang, TSM FTX Head of Operations. “Both are cutting edge, digital native, emphasize new technologies, and have overlapping audiences. Stronger collaboration between the gaming and eSports industries and the crypto industry makes a lot of sense.
Certainly, cryptocurrency and esports make sense-and gaming and NFTs produce a lot of dollars. NFT, blockchain-based tokens have become a multi-billion dollar industry that proves ownership of digital items like art, music, and in-game assets. Last year, total sales for all NFTs clocked in at a mere $200 million.
Owners of the NFT Aurory, also known as Aurorians, will be able to control playable characters in the upcoming game. In addition, the NFT provides early access to advanced game modes and other advantages.
It is expected that the game’s open beta will be released in November, when Aurory plans to launch the AURY token. AURY tokens will be earned through both player-versus-environment and player-versus-player battle modes.
Right now Aurory uses Solana, a blockchain rival to Ethereum, and it will be a free game. Technical glitches and a phishing scam revolving around its Discord server didn’t deter those NFTs from selling out in just three seconds.
In addition to primary sales, secondary sales of Aurory NFTs on Solanart, an NFT marketplace on Solana, have already generated over $64 million.
