FACEIT partners with crypto fintech platform Cake DeFi in multi million dollar deal that will allow players to earn cryptocurrency

Author: Live Casino Direct
 
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Cake DeFi has signed a multi-million dollar deal with FACEIT to offer its players the chance to earn cryptocurrency. Research suggests 55% of the Millennials gamers own crypto. This is compared to 5% for all Millennials. The FACEit platform is home to the largest community of competitive gamers. It is the first time Cake Defi has entered the gaming and esports space. They will offer their players a chance for more than half a million dollars in prizes, paid in crypto, and access to decentralised finance applications.

Cake DeFi and FACEIT have partnered to offer players the chance to earn cryptocurrency. The company is the leading crypto fintech platform. Last year it paid out $230 million in rewards to customers and is looking to increase this to $400 million this year. It manages over $1 billion in customer assets. Its services generate regular returns for its users. The FACEit users are 4x more likely than the general population to use Cryptocurrency for online purchases.

66% agree that cryptocurrencies are the future of online transactions. 80% have heard of Crypto and 36% invest in it. 46% are very likely or likely to use it in the next 12 months.