Founded in 2019, T.E.A.M DAO (TEAM - Tokenized Esports Asset Management) is a next-gen eSports and web3 gaming platform, addressing the inherent issues in eSports participation. The platform allows gaming fans to directly participate in the growth and success of their favorite professional players and eSports teams. Through TEAM DAO, players and their fanbases can now own the upside in the growth in popularity and upside of their eSports teams, creating a sense of ownership and community involvement. Additionally, TEAM DAO grows and manages the community on behalf of participating eSports teams, driving engagement, interest, and growth in the fanbase. Players can generate asymmetric upside income through competitive participation in their eSports teams while maintaining stable income through TEAM's web3 gaming arm.
In April 2022, the company secured a $5.00M Series A investment. The investors backing this round include NGC Ventures, Animoca Brands, Algorand, Anti Fund VC, Great South Gate, Ex Capital, CoinHako, Octava, Libra Ventures, and Nexo Capital Partners.
With an emphasis on ownership, community, and income, T.E.A.M DAO presents an innovative approach to the esports industry, poised to attract both fans and investors seeking to capitalize on the growing popularity of eSports.
