Esports Players League (ESPL), an integrated esports tournament platform, announced that its utility token $ARENA has been listed on ProBit Global. The listing is in line with ESPL’s goal of providing a holistic esports to a global audience, offering a renewed economic model for aspiring esports athletes.ProBit Global is the first major CEX to list the $ARENA token, providing users with a wide range of crypto trading options backed by deep liquidity. Deposits for $ARENA on the platform will be enabled on February 13, 2023 at 10:00am (UTC+8), with trading commencing at 1:00pm (UTC+8) on the same day.
ESPL’s pioneering true Host-to-Earn tournament model is a first-of-its-kind for esports gaming, paving the way for frictionless hosting of tournaments for grassroots gaming communities. The $ARENA utility feature will incorporate cutting-edge blockchain capabilities within its ecosystem, allowing for timely disbursement of prize winnings to participants anywhere in the world.
The $ARENA ecosystem enables esports organizations to adopt Web3 technologies that are secure and transparent for u sers. Tournament organizers can utilize $ARENA’s vast array of hosting tools powered by blockchain technology.Esmond Hwee, the Head of Strategic Partnership at ProBit Global, stated, “ProBit Global is excited to include ESPL’s native token in our growing list of crypto offerings. We look forward to $ARENA’s success in a booming esports market constantly innovating with emerging technologies.”
“Our focus at ESPL has always been to make esports tournaments accessible for millions of global users looking to get a leg up in competitive gaming. We are proud that Probit Global has chosen $ARENA as its latest token listing, as we serve our thriving gaming community and tournament partners,” says Ivy Fung, General Manager at Esports Players League.
ESPL first launched $ARENA on PancakeSwap, a popular decentralized exchange, through a successful IFO on Jan 16, 2023. The total amount raised reached the $1.4 million target, with a combined $3.6 million worth of $CAKE committed during the IFO period.