ESL to sell NFTs after announcing partnership with Immutable X

ESL Gaming recently announced a partnership with Immutable X in a press release on 28th October. The esports behemoth said that it would introduce a new platform for fans to buy, sell, and trade non-fungible tokens (NFTs) of the "most memorable moments" from the Counter-Strike: Global Offensive (CS:GO) ESL Pro League.

The NFTs are reportedly built on the Ethereum blockchain, and esports fans worldwide will be able to mint and exchange NFTs in a "secure, carbon-neutral and gas-free way." If you're unfamiliar with crypto-talk, "gas" refers to the smallest unit of work processed on the Ethereum network and is fundamentally the cost associated with the minting process.

ESL to introduce NFT platform in partnership with Immutable X

ESL hasn't revealed which "moments" will be minted, but it appears to be based on the ESL Pro Tour. The tournament organizer also hasn't announced when the platform will go live. However, ESL's platform will enable die-hard fans to buy, sell, and trade NFT assets within the ESL Pro Tour.

The world’s leading esports company @ESL Gaming is partnering with @Immutable X to build #ESLProTour CS:GO NFTs on Ethereum

We will help esports fans worldwide to access gas-free minting & carbon neutral of Ethereum NFTs

Powered by @StarkWareLtd

LET'S GO! pic.twitter.com/WHY00nP46g

— Immutable | HIRING! 👇 (@Immutable) October 28, 2021

According to Esports Insider, the Senior VP of Global Business Development at ESL Gaming, Bernhard Mogk, said: "The Immutable team has gaming in their DNA, and we share the same vision for the future of NFTs. In combination with a deep passion for the community, this is the only way to forge meaningful innovation in the space."

Mogk added: "We could not be more excited to launch on Immutable X, the best possible community-driven and fan-centric collectable platform to buy, collect and own some of the most memorable moments in ESL Pro Tour history."

We expect ESL to release more information on their new NFT platform in the coming days and weeks. Until then, we'll have to wait and see what ESL and Immutable X have in store. One thing is sure, though; this is indeed an exciting time for NFT and crypto enthusiasts.

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Featured image courtesy of ESL Gaming.