FYX announces blockchain-based competitive eSports platform

RALEIGH, North Carolina – February 4, 2021 – FYX, a Raleigh-based eSports infrastructure and technology provider specialising in the development of blockchain-based solutions, today announces the upcoming launch of its flagship competitive eSports platform at fyxgaming.com.

FYX is a re-branded continuation of the blockchain-based eSports platform initially developed under the Kronoverse name and is presently in its final development phases ahead of a scheduled public launch later in 2021. The FYX platform leverages the unique characteristics of blockchain technology to power a competitive eSports experience like no other, with native cash matches and tournaments, verifiable game integrity, integrated betting and wagering functionalities, as well as new methods of monetisation for game developers.

The FYX platform has been built to be game engine-agnostic, with a range of integration options through an SDK and API available to developers of all sizes – from AAA studios right through to small indie developers – with no up-front implementation costs. Once integrated, developers are eligible to earn a share of all fees from paid competitions involving their game, as well as gain access to a suite of data and analytics information from gameplay.

Underpinning the FYX platform is the Bitcoin SV blockchain, which provides a massively scaled network capable of handling huge volumes of payment and data transaction throughput at a predictably low cost required by enterprise-grade blockchain applications. The Bitcoin SV blockchain will be used to verify player identity and facilitate instant tokenised fiat payments for FYX, with its public data ledger permanently storing individual match data in real-time – offering auditable game integrity and unlocking a host of unique new features, including on-demand replay and advanced data analytics.