Ignite Tournaments builds a mobile esports tournament organization and streaming app that enables play-to-earn competitions, rewarding users with cryptocurrency and non-fungible tokens. The company provides tournament infrastructure to mobile games that lack built-in tournament functionality and can directly integrate with other play-to-earn games. Ignite also offers a patent-pending tournament layer that can transform pre-existing mobile games into play-to-earn experiences. Its platform token, $TENKA, can be earned via tournament participation and staked for DeFi-style rewards. Built on Moonbeam in the Polkadot ecosystem, the product includes staking and other DeFi incentives to support ecosystem participants. The company is developing its mobile app and broader esports ecosystem using proceeds from its seed raise.

Total raised

$3M

Funding rounds

1

Latest round

Seed

Latest activity

Dec 2021