Guild Esports’ Fortnite pro roster qualifies for FNCS All-Star Showdown
(GILD ), the esports organisation co-owned by David Beckham, has announced that all five of its Fortnite pro-players have qualified for the Fortnite Championship Series (FNCS) All-Star Showdown, where they will compete for a share of the $3m prize pool.
The Showdown, which will take place from June 11th to June 26th, will culminate with the All-Star Solo Championship which is broadcast live to a substantial audience of 16.8 million followers on social media channels across Twitch and Youtube in multiple languages. The UK-based organisation said the athletes will be competing for over $1m in prize money.
Addressing shareholders, the company said the number of placements from the roster showcases it as ‘the No. 1-ranked Fortnite roster in the world’, with the group having had a firm grip at the top of the European Fortnite Power rankings for the last five months.
The Company said its 2021 FNCS champions Henrik Mclean and Jannis Matwin will be joined by two-times major champion Tai Starčič, Nikolaj Andreas Frøslev, and Anas El-Abd.
Additionally, the company highlighted that the All-Star Showdown appearances are also coupled with ‘continued audience growth across owned channels, recently surpassing 700,000, and cementing Guild as the fastest-growing Esports organisation in Europe.’
Shares in Guild Esports have increased by nearly 40% in value since the beginning of April 2021. The stock was trading 1.22% lower during late Friday morning trading at 7.7p
Commenting on the the Showdown, Carleton Curtis, Executive Chairman of Guild Esports, said: "We are delighted that our complete roster has qualified for the FNCS All-Star Showdown, showing the world that our performance-based approach to training and team-building means we not only have the best roster in Europe but arguably in the world.”
Guild Esport’s investors include London-listed Blue Star Capital. To date, the investment company, which is focused on investing in new technologies, has invested around £0.706 million in Guild Esports, and holds around a 5.95% of the issued share capital of Guild.
Guild was admitted to the Official List and started trading on the standard segment of the London Stock Exchange in October 2020 to take advantage of the growing esports markets.
Blue Star says the esports market is experiencing significant growth. In 2020 it was estimated at c.495m viewers and is projected to reach around 646 million viewers by 2023. This is expected to result in revenues growing over the same period from $950m to $1.60bn.
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