<p>Exciting news in the blockchain gaming ecosystem! Season 2 (S2) of Era7 World Cup tournament is currently ongoing. Notably, this announcement closely follows the recent merger and acquisition (M&amp;A) between the top Era7 and Web3 e-sports management platform, ESFI. The M&amp;A resulted in Era7 acquiring 35% of ESFI, which was valued at $30 million.</p><p>As part of the M&amp;A deal, Adam Zhao, founder of ESFI, will take up the role of Co-CEO of &nbsp;Era7. As Co-CEO, he will focus on facilitating growth and development in Era 7, especially with regard to Web3 online sports, NFT gaming, NFT marketplace as well as Era 7 community governance.&nbsp;</p><p>This is great news for the entire Era7 ecosystem, as Adam Zhao has over 10 years of experience in Web 3, media, entertainment, telecom, and entrepreneurship.</p><div class="raw-html-embed"><blockquote class="twitter-tweet"><p dir="ltr" lang="en">– Entering A New Era of Era7 –<br><br>After the M&amp;A between <a href="https://twitter.com/hashtag/Era7?src=hash&amp;ref_src=twsrc%5Etfw">#Era7</a> and <a href="https://twitter.com/hashtag/ESFI?src=hash&amp;ref_src=twsrc%5Etfw">#ESFI</a>, <a href="https://twitter.com/AdamZiyuan?ref_src=twsrc%5Etfw">@AdamZiyuan</a> will focus on <br>✅<a href="https://twitter.com/hashtag/DAO?src=hash&amp;ref_src=twsrc%5Etfw">#DAO</a> governance, sustainable community &amp; expanding partnerships<br>✅Era7 game, <a href="https://twitter.com/hashtag/EsportsFi?src=hash&amp;ref_src=twsrc%5Etfw">#EsportsFi</a> platform &amp; flexible <a href="https://twitter.com/hashtag/NFT?src=hash&amp;ref_src=twsrc%5Etfw">#NFT</a> MKP<br>✅Open Ecosystem<br><br>Detail:👉🏻<a href="https://t.co/4W2DUoTjbx">https://t.co/4W2DUoTjbx</a><br>Cheers🥂</p>— Era7: Game of Truth (@Era7_official) <a href="https://twitter.com/Era7_official/status/1588550802377179137?ref_src=twsrc%5Etfw">November 4, 2022</a></blockquote> <script async="" src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div><h2><strong>More About The Era7 Tournament</strong></h2><p>Also, the tournament is <a href="https://medium.com/@era7/an-m-a-between-era7-and-esfi-has-been-completed-the-s2-era7-world-cup-tournament-is-coming-dd67167fe628">scheduled </a>to take place from November 6 to November 27, 2022. Interestingly, season 1 of Era7 World Cup Tournament (WCT) recorded resounding success with thousands of participants from over 30 countries worldwide. At the end of the tournament, there were approximately 1,290 finalists alongside a $130,000 prize pool. Also, real-time game viewers were about 2,000 with an estimated 500,000 recorded views of the tournament.</p><p>We expect season 2 of Era7 World Cup Tournament to be even more successful. In preparation for the second season of the WCT, Era7 has partnered with top players in the crypto space. Some of its partners include; Binance Chain (BNB), Tech Flow, BitKeep, Footprint Analytics, DEGAME, Beosin, iZUMi, Quest3, etc. These platforms will provide much-need support for Era7 during the tournament. Furthermore, helping to promote top-notch management, long-term operation, global awareness, and participation in the tournament. This in turn will help boost awareness for and, therefore, more userbase for the Era7 platform.</p><p>Not much has changed with regard to the tournament rules. Simply put, the second season of Era7 WCT will retain the same rules as Season 1. Also, players will be assigned to four (4) different regions. Participants will be able to submit their decks and participate in the different stages of the tournaments. The stages include:</p><ul><li>The Play-in,</li><li>Group-in,</li><li>Knock out, and</li><li>Final stages.</li></ul><p>Players have to pass through each stage during the tournament. Successfully passing each stage will result in higher prize rewards. The WCT also has a spectator feature, therefore, making it possible for all players to watch the tournament gameplay online.</p><h2><strong>Advantages of The Merger and Acquisition (M&amp;A)</strong></h2><p>The M&amp;A between Era7 and ESFI is a major achievement for both platforms. Thanks to the M&amp;A, Era7 will enjoy better brand positioning, especially in the Web3 e-sport ecosystem. ESFI acquisition will also help upgrade Era7’s DAO governance system. Furthermore, helping to facilitate the growth of its community and ensuring it remains sustainable. The M&amp;A will also facilitate the introduction of flexible NFT trading models especially with regard to eSports products.</p><p>In conclusion, both Era7 and ESFI will together help to shape the Era7 WCT. Furthermore, ensuring it remains a professional and sustainable community and tournament platform. Both platforms currently stand at a crossroads between traditional eSports games and blockchain games. Together, Era7 and ESFI will help facilitate the integration of both spheres, bringing to life unlimited possibilities in Web3 gaming.</p>

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