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Bullboard - Stock Discussion Forum ESE Entertainment Inc V.ESE

Alternate Symbol(s):  ENTEF

ESE Entertainment Inc. is a Canada-based global technology company focused on gaming and esports. The Company provides a range of services to video game developers, publishers, and brands by providing technology, infrastructure, and fan engagement services internationally. It also operates its own e-commerce channels, esports teams, and gaming leagues. It operates through the digital media and... see more

TSXV:ESE - Post Discussion

ESE Entertainment Inc > ESE provides updates on SkillzVault eSports talent show
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Post by StockHawk1 on Jul 28, 2021 4:42pm

ESE provides updates on SkillzVault eSports talent show

 According to the Live Streaming Market Report, the eSports market could grow 14% this year to reach $1.084B


The esports audience reached nearly 500 million in 2020, and may grow to 650M by 2023 according to Entrepreneur. 


ESE Entertainment Inc. ( $ESE.V , $ENTEF ) taps directly into this growing eSports market.


The company just provided an update on their esports talent show, SkillzVault, which is being developed by ESE in partnership with Bitcoin Vault.


ESE is responsible for the production and infrastructure of the show.


This includes the development of the media plan, technology implementation, and marketing.


At SkillzVault participants from 5 countries (China, Japan, South Korea, Vietnam and Brazil) will compete in the mobile games, PlayerUnknown's Battlegrounds (PUBG), and Peacekeeper Elite. 


Players that win respective qualifiers will team up with star influencers who will train and mentor the finalists and will also compete alongside them in duo games (see full article below for more info on their influencers) 


SkillzVault will launch on August 2 in South Korea, and the Japan edition will follow on August 23. Finally, There will then be finals in Brazil on November 21.


Full article here: 

https://www.marketwatch.com/press-release/game-on-top-ways-to-trade-the-explosive-esports-boom-2021-07-28-9197436


Overall, this seems like really exciting news for them and it is great to see them getting lots of good press 


$ESE was also featured in "Stocks in Play" via Yahoo Finance, which you can check out here: 

https://ca.finance.yahoo.com/news/stocks-play-ese-entertainment-inc-132800840.html

 
Comment by foundalpha on Jul 28, 2021 11:28pm
The only substance to this 'update' is that ESE is blowing another USD$150,000 in a desperate attempt to support their dwindling stock price. Buried at the end of the press release: The Company has agreed to pay WM $150,000 USD in consideration for the Services to be provided for a 6-month term. The agency will handle specific functions of digital distribution of public information ...more  
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