logo-ar
  • Home
  • Companies
  • Investors
  • Opportunities
    • Home
    • smLoan.SME_LOANS
  • finTechHub
  • News
LoginRegister
  • english iconenglish
  • english iconarabic
  1. Mubasher News
  2. Esports World Cup to feature prize pool of over $60mn

Esports World Cup to feature prize pool of over $60mn

NOHA.GAD
Apr 16, 2024
Esports World Cup to feature prize pool of over $60 million

Riyadh - Sharikat Mubasher: The inaugural Esports World Cup (EWC) is set to feature an unprecedented total prize pool of more than $60 million, according to the Esports World Cup Foundation (EWCF).

In a statement, the EWCF revealed that the EWC historic prize pool surpasses the previous record of $45 million set by Gamers8: The Land of Heroes in 2023.

This reward represents a significant step forward in the EWCF’s effort to grow the global esports industry while providing more sustainable career options for athletes and multidisciplinary esports clubs.

Ralf Reichert, CEO of EWCF, said: “More than $60 million is a testament to our investment in the future of global esports, a commitment to esports fans who deserve exceptional events, and an extension of our mission to create meaningful competitive opportunities with life-changing prize pools for esports athletes everywhere.”

The Club Championship, an innovative cross-game competitive format unique to the EWC, will award a total of $20 million to the top 16 clubs based on their overall performance, while the remaining prize pool will be divided into three additional distribution categories: Game Championships, MVP Awards, and Qualifiers.

The upcoming EWC is expected to transform Riyadh into a hub for esports fandom and gaming culture with an immersive festival featuring gaming activations, community tournaments, pop culture celebrations, and international experiences.

Tags

Share

Attract clients with your ad

Start Now

Trending

"viAct" تحصد 7.3 مليون دولار لتعزيز وجودها في السعودية
MUBASHER.SA
"فيلنتس" تتعاون مع "بيورتي تكنولوجيز" لتطوير مشاريع للذكاء الاصطناعي بالسعودية
MUBASHER.SA
"الزامل للصناعة" تستثمر 150 مليون ريال في السعودية ومصر وفيتنام العام الجاري
MUBASHER
26 شركة ناشئة إماراتية تنضمّ لمسرعة "جوجل" للذكاء الاصطناعي
MUBASHER.SA
"هيوماين" و"أمازون ويب" تستثمران 5 مليارات دولار في الذكاء الاصطناعي
MUBASHER.SA

Related News

Private Equities News
Calendar Icon
May 15, 2025
Zamil Industrial invests SAR 150 mn to enhance operations
Read More
Private Equities News
Calendar Icon
May 15, 2025
26 Hub71 startups join Google for Startups accelerator program
Read More
Private Equities News
Calendar Icon
May 15, 2025
Velents AI teams up with Purity Tech to develop innovative AI products
Read More
Private Equities News
Calendar Icon
May 15, 2025
Aramco’s Prosperity7 fund invests in $100mn Series A funding for TensorWave
Read More
Private Equities News
Calendar Icon
May 15, 2025
HUMAIN, AWS invest over $5bn to build AI Zone in Saudi Arabia
Read More
Private Equities News
Calendar Icon
May 15, 2025
SDAIA pacts with US tech giants to reshape AI future in Kingodm
Read More
Private Equities News
Calendar Icon
May 15, 2025
PIF, Neuberger Berman launch $6bn investment program
Read More

newsLetter.widgetTitle

newsLetter.description

validationMsg.emailRequired
validationMsg.validEmail
logo-ar

footerDesc

  • Home
  • Companies
  • Investors
  • finTechHub
  • Opportunities
  • News
  • ContactUs
  • Sitemap
copyRight