Stattrak, a fantasy esports company that utilises bitcoin, has expanded its product to launch a web platform, as well as add more titles, tournaments and a new game mode.
The expansion is due to a continued partnership between Stattrak and FinTech payment processor ZEBEDEE.
Originally, Stattrak started out as a mobile app in 2022 that allowed users to create fantasy teams in professional League of Legends and CS:GO esports tournaments. The users would earn Bitcoin rewards based on the team’s performance.
The new web platform will be powered by ZEBEDEE, which will enable Bitcoin transfers to users globally. According to the release, the partnership will give Stattrak the ability to send amounts as small as $0.0002 automatically.
ZEBEDEE is a FinTech payment company focused on the gaming industry. The company is backed by notable Venture Capital firms and gaming studios such as The Raine Group and Square Enix.
On the new platform, users will be able to create fantasy teams within games such as CS:GO, League of Legends, VALORANT, Rainbow Six Siege and Dota 2. Alongside its fantasy offering, Stattrak is also introducing a ‘Prediction’ mode, which allows users to predict results of tournament matches.
Fantasy esports has started to grow in significance over the last couple of years. Notably, NFL player JuJu Smith-Schuster invested in technology company World Champion Fantasy — becoming a spokesperson for fantasy esports platform PlayerX — in 2022. Moreover, Indian esports fantasy platform FanClash secured $40m (~£32m) in investment last year.
Ben Cousens, Chief Strategy Officer at ZEBEDEE, commented on the partnership: “Stattrak’s fantasy esports platform is a great complement to the ZEBEDEE ecosystem.
“People who love gaming love interacting with it in multiple ways, and actually playing is just one part of it. Stattrak is a great example of how we can go beyond pure gameplay to offer a holistic rewarded experience within the gaming sphere.”