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CSP DAO Invests in Bitspawn Protocol As Part of The Blockchain Technology Company’s Ongoing Private Token Sales

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CSP DAO Invests in Bitspawn Protocol As Part of The Blockchain Technology Company’s Ongoing Private Token Sales

May 06
18:48 2021
CSP DAO Invests in Bitspawn Protocol As Part of The Blockchain Technology Company's Ongoing Private Token Sales
Bitspawn is on a mission to redefine esports gaming for all parties involved. For this reason, the Cayman Islands-based blockchain company has organized a private token sale that CSP DAO has invested in as a financial partner. CSP DAO is a venture capital company that has proven its worth in selecting viable blockchain technology startup companies to support their mission of achieving desired goals.

Cayman Islands – CSP DAO, a venture capital company focused on blockchain investments, has recently invested in the private token sale that Bitspawn Foundation has been holding. CSP DAO takes pride in combining the best elements of decentralized finance with fundraising to offer a unique blockchain system designed to address fair investment rights.

Utilizing a decentralized approach to fundraising with dedicated marketing, development, and research analysis, the company describes itself as “community-driven.” In their own words, “CSP DAO offers fair contribution rights to all investors. Our model gives equally shared allocation to NEBO token holders. We’ve tackled the gas war issue and it is now easy to invest in top projects with a capped allocation based on the number of NEBO tokens held. The reach of the CSP network goes way above anything the financial world has seen before. We support the projects we invest in by providing assistance with marketing, community growth, advisory along with access to our vast industry network and resources.”

Bringing all of these resources on board, Bitspawn Foundation is confident in its upward trajectory as it aims to provide a solution to one of the biggest issues affecting esports. Founded by Eric Godwin, a video game player of over 20 years, Bitspawn seeks to address the problem of payout and compensation to winning players, especially those in the amateur and semi-professional leagues.

The CEO of the company, describing the problem as multi-faceted in an interview, said, “The majority of the money and revenues flowing into esports are going to the professional scene, and only 3% of players are receiving any meaningful compensation from competing in esports. Amateur players and rising talent are an afterthought in the current ecosystem. Players have to stream and broadcast themselves across social media platforms just to get any exposure.”

Bitspawn aims to address this problem by using blockchain technology in addition to its in-house proprietary backend that creates smart contracts for tournaments and ensures that winnings are distributed to players at the end of the competition. With this technology, payouts will be autonomous and trustless. Players will receive their winnings in their wallets within minutes of completing the competition, and they will be able to exchange these winnings for cash.

Bitspawn Foundation is based at 64 Earth Cl, West Bay, Cayman Islands and can be reached via phone at 1 833-772-9644 or email at [email protected] Visit their website for more information.

Media Contact
Company Name: Bitspawn Foundation
Contact Person: Eric Godwin
Email: Send Email
Phone: 1 833-772-9644
Address:64 Earth Cl
City: West Bay
Country: Cayman Islands
Website: http://bitspawn.io/