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Santa Monica, California, January 31, 2018 - Epics.gg, a digital trading card platform for esports, announced today that it has raised a $2M seed round, led by BITKRAFT Esports Ventures with participation from GC Tracker Fund, Everblue Management, Hersh Interactive Group, Imagination Capital, Courtside Ventures and angel investors.
Created by a team that previously founded Xfire, LoLking.net, Esportsify, and the digital marketplace Skinz.gg, Epics.gg's mission is to provide the next generation of fans the rush, satisfaction, and long term value of collecting trading cards for their favorite esports teams, players, and influencers while also providing an integrated marketplace and trading system enabling users to buy, sell and build the ultimate collections. Each card includes an epic design, rich media, stats and can also include digital signatures and in-game items.
Another key feature of Epics.gg is that it gives collectors the ability to own certified digital memorabilia including in-game skins used by their favorite players in major esports events. Previously, there was no way to certify or prove that a skin was used by a specific esports star or influencer, limiting the collectible aspect of this valuable market. Now users can purchase a skin tied to a card, certified by Epics, and they even have the ability to use the skin in game.
The esports economy is flourishing, with growth expected to compound at a 30% rate through 2020, pushing the total market to $1.5 billion in annual revenue. The collectibles market is close to $400 billion worldwide, with the sports collectibles market accounting for the vast majority. Epics.gg targets the overlap in both markets with an innovative approach to the space. "We combined our favorite childhood hobby with modern technology for the ultimate user experience" commented Gavin Weeks, co-founder of Epics.gg. "We're incredibly excited to enable fans and collectors to own a piece of esports history, including skins from Counterstrike" "We've seen several successful trading card companies in traditional sports and entertainment space, and, up until now, trading cards have been completely missing from the esports market. Epics.gg is the perfect combination of games, sports, and entertainment intellectual property with a digital and mobile first approach, and we couldn't be more thrilled to invest in the team and help them bring this to market" commented Jens Hilgers, BITKRAFT Esports Ventures Founding Partner.
Epics.gg's mission is to provide the next generation of fans the rush, satisfaction, and long term value of collecting trading cards for their favorite esports teams, players, and influencers while also providing an integrated marketplace and trading system enabling users to buy, sell and build the ultimate collections.
About BITKRAFT Esports Ventures
BITKRAFT is an early stage investor and company builder focused entirely on the esports sector. We found, support, and scale esports startups along with the industry's most influential companies. Founded in 2015, we are active in both Berlin and Los Angeles, the epicenters of the western esports world.
BITKRAFT is home to a diverse range of entrepreneurs, operators, and investors who are building businesses, creating and expanding opportunities, and developing new technologies that benefit esports players, fans, and stakeholders around the globe.