Free MakerDao and Community Gaming eSports Tournaments To Introduce Latin American Players to Cryptocurrency

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Are you a Latin American gamer looking to give crypto a chance?
Introducing MakerDAO and Community Gaming’s first-ever Latin American esports tournaments for Crypto.

eSports and cryptocurrencies come together in a series of nine tournaments for Latin America hosted by MakerDAO and Community Gaming

Community Gaming and MakerDAO join forces to launch the Crypto Maker Series. The series consists of nine tournaments in three popular titles in Latin America to drive DAI adoption through esports.

In the fourth quarter of 2021, Community Gaming and MakerDAO, the developers of the DAI stablecoin, will add nine flash events for CS:GO, Free Fire, and Dota2 to the Crypto Maker Series.

The series is one of many tournament series Community Gaming has planned that are geared towards educating and strengthening the relationship between esports and blockchain technologies.

Powered by the web3 movement, the series aims to serve as a catalyst for esports events in Latin America as blockchain technology continues to grow.

According to Bryan Mier, Community Gaming’s Regional Manager and Vice President of Business Development for Latin America, “the growing global popularity of crypto is clearly signaling an acceptance of DeFi.”.

Besides, he explained that educating and exposing talent in Latin America to these trends ensured that they had the knowledge and resources necessary to compete in the digital era.

The initiative is intended to educate and guide the region’s gamer population on cryptocurrency use cases and their versatility, utilizing DAI as a central point of operation.

Because DAI has many virtual wallets and networks that support it, it is a good entry point into the blockchain ecosystem, allowing you to not only trade for local currency through exchanges, but to also avoid the volatility of other cryptocurrencies.

DAI stablecoin is a collateral-backed cryptocurrency that is unbiased, decentralized, and anchored to a US dollar valuation. It can be stored in cryptocurrency wallets or wallets of other platforms.

Like Bitcoin and Ethereum, cryptocurrencies determine their value based on supply and demand.

By using overcollateralization of crypto assets, primarily ETH, DAI can maintain its value, and it maintains a link to the value of USD. This ensures there is always more crypto assets supporting the value of DAI on the market.

It is imperative in these digital times to make it easier for people to connect and interact no matter where they are,” explained Luis Lozada, MakerDAO Business Developer for Latin America.

DAI allows for as much freedom to the world of financial transactions as it does to exchange money between peers, pay salaries, and in this case give prizes in video game tournaments.

Taking place in November and December 2021, the Series is open to players from Southern Latin America. As a result of the series, various communities in Latin America will be introduced to cryptocurrencies through esports.

There will be no entry fee, and all tournaments will be broadcast on the official channels of Community Gaming Latin America.

Via this site.

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