- Joined
- Jul 1, 2015
I don't know if this video game related, since it's E-Sports related. Yesterday Faze clan died, stocks nosedived to pennies.
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Faze holding were a billion dollar and it died overnight.
E-Sports are more about shilling for corporate trash than video games.
And it looks like another E-Sports team, TSM, is also falling apart too, as rumors are going out that they may cease their efforts in certain games, namely their League of Legends team. The FTX deal flopping (as well as FTX itself), looks to be the nail in the coffin for the organization.
And there's even more bad news for Faze Clan, as they reported a $53 million loss, despite increased revenue.