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MakerDAO Partners with FirstBlood Technologies Competitive Gaming Platform
Today, FirstBlood Technologies, the online competitive gaming platform and maker of Gaming Blockchain Dawn Protocol that lets esports players challenge the field and win real rewards for excelling at their favorite games, is integrating with MakerDAO to bring decentralized stablecoin integration to the FirstBlood Platform. MakerDAO, the protocol behind the popular DeFi stablecoin Dai, will enhance accessibility for enthusiasts and professional gamers alike by offering rewards in DAI to competitive gamers playing on FirstBlood. This signals an immense victory for gamers, and allows for permissionless cross-border payments to be made in what is arguably the most popular DeFi crypto-token available today. While the FirstBlood Platform supports it's own native token $Dawn the addition of an algorithmic stablecoin sweetens the prize pot for gamers all around the world.
Joe Zhou, the Co-Founder and CEO of FirstBlood, says "we aim to leverage the massive DAI community and facilitate blockchain adoption into the world of competitive gaming. With players competing from every continent, payments in cryptocurrencies will simplify barriers to entry for users, and provide a stable and secure environment for players to earn rewards for rising to the challenge." Of the partnership, Rune Christensen, CEO of the Maker Foundation and co-founder of MakerDAO, had this to say, "the borderless, decentralized nature of Dai makes it the perfect stablecoin to use as in-game rewards for FirstBlood players. The stability, transparency and ease of use of Dai will let players spend more time focused on competing and less time sorting out how to manage their rewards."
To celebrate the partnership, MakerDAO is offering 10,000 DAI in prizes to sign up and compete on FirstBlood. All prizes will be paid in Dai. The details are as follows:
Founded in 2016, FirstBlood is the world's first blockchain-powered Esports and competitive gaming platform. FirstBlood's app empowers gamers by providing an innovative new way to earn rewards for playing their favorite video games. With over 120,000 monthly active users, FirstBlood has amassed a loyal following of enthusiastic gamers and professionals seeking to further their careers and earn generous rewards for their skills. Available from every country, they seek to propel blockchain adoption into a rapidly growing industry of over 1.2 billion gamers worldwide.
About Dawn Protocol
The Dawn token started as a FirstBlood 1ST token. FirstBlood tokens were created back in 2016, being the third notable token sale on Ethereum. In 2020, a token swap began to convert legacy FirstBlood 1ST to new Dawn token. Today, the Dawn token can be used on FirstBlood Esports platform for paid competitive video gaming.
MakerDAO is a decentralized organization dedicated to bringing stability to the crypto economy. MakerDAO issues Dai, the world's first decentralized stablecoin on the Ethereum blockchain. Dai eliminates volatility through an autonomous system of smart contracts, specifically designed to respond to market dynamics. Launched in 2017, Dai has successfully maintained a soft peg to the US dollar. With a presence on numerous cryptocurrency exchanges, multiple partnerships with global supply chain companies, and agreements with organizations serving non-government agencies, MakerDAO is unlocking the power of the blockchain to deliver on the promise of economic empowerment today.