MGG Tezos Gaming Incubator

Applications have closed for 2022, thank you to everyone who submitted.

Please be on the lookout for 2023 applications.

A $10 Million incubator fund ready to take the industry’s innovators to the next level

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What’s MGG Tezos Gaming Incubator

MGG Tezos Gaming Incubator offers a path to success for innovative esports, gaming and blockchain companies. We are launching a $10M incubator and seed fund, ready to support startups looking to take their business or idea to the next level.

Who are we?

Misfits Gaming Group (MGG) is a global esports and entertainment company.

We compete in the most popular video games and are partners in the three biggest franchised esports leagues.

MGG owns Misfits Gaming in the League of Legends European Championship, Florida Mayhem in the Overwatch League and Florida Mutineers in the Call of Duty League.

We’re backed by the Miami Heat and Orlando Magic, with additional investment from VCs and icons in the business and philanthropic world.

We’re dedicated to building iconic brands and empowering our community to embrace what makes them unique.

What do we offer?

Misfits Gaming Group and Tezos will be providing support and resources needed to take a business or idea to the next level.

Access and networking – with a team in every major franchised league in the esports ecosystem and a partner in leading blockchain innovation Tezos, we have unparalleled experience and contacts. Our advisory board has over 20 years of experience within esports, gaming and blockchain and our industry-leading personnel will act as mentors and advocates.

Free optional office space as part of our MGG Tezos Gaming hub in MGG HQ alongside our blockchain, esports and gaming professionals

Why Tezos for Gaming?

The Tezos blockchain addresses the key requirements in the Gaming category, providing a secure and dependable platform where novel applications and experiences can be built on. This is one of the reasons why Tezos has been widely adopted by global brands and institutions, as well as being one of the most popular blockchains for NFTs.

As one of the world’s leading blockchains, Tezos is recognized for its energy-efficient design, self-upgradable mechanism and low transaction fees. Tezos is an open platform, and its pioneering Proof-of-Stake design means it is both highly secure and energy efficient,, which is ideal for creating novel applications and gaming experiences.

There are three key considerations when selecting a blockchain to build on

There are three key considerations when selecting a blockchain to build on

Energy-efficiency
Not all blockchains are created equal. Tezos, as a pioneering layer 1 Proof-of-Stake blockchain, is an energy-efficient alternative to more traditional Proof-of-Work blockchains. Because Tezos doesn’t consume vast amounts of energy to secure itself, it doesn’t suffer from the inflationary pressure experienced by other blockchains.

 Is the blockchain you are building on clean or does it have a large carbon footprint? Tezos is a Proof-of-Stake blockchain, which means it is energy-efficient and can operate with a fraction of the energy requirements of other blockchains.

Transaction costs
A blockchain should empower users, not gate engagement behind. Fees to send and receive transactions on Tezos are among the lowest in the industry (less than $1 USD) – making it more eco-friendly and accessible than many competitors. Tezos’ low transaction costs encourage open participation, of a kind that users expect from a global decentralized community.
Is the blockchain you are building on scalable from a transaction cost standpoint? If the cost to transact, or perform normal functions such as minting an NFT etc is high (as is the case with many blockchains), this can act as a barrier for participation from users. A blockchain should empower users, not gate engagement behind a paywall. Tezos transaction costs are low, ensuring an openness of participation you’d expect from a global decentralized community.
Longevity
On-chain governance is the key that helps unlock innovation and longevity. Without it, upgrades to the protocol would potentially be a messy process, resembling either governance by an informal oligarchy, or worse, a “proof-of-social-media” popularity contest. Tezos is different because it can upgrade itself without forking or splitting, meaning it will continue to improve, becoming faster, stronger and better well into the future. Tezos’ proven on-chain governance mechanism has allowed seven protocol upgrades to be deployed so far – more than any other blockchain in existence.
Is the blockchain you are building on designed for longevity? Most blockchains resort to upgrade-by-fork which means that the blockchain literally splits; this effectively duplicates everything on both blockchains, so if you have NFTs on the blockchain, you end up with duplicate NFTs on both chains. A blockchain like Tezos is different because it can upgrade itself without forking or splitting, meaning it can continue to become faster, stronger and better well into the future.
Energy-efficiency

 Is the blockchain you are building on clean or does it have a large carbon footprint? Tezos is a Proof-of-Stake blockchain, which means it is energy-efficient and can operate with a fraction of the energy requirements of other blockchains.

Transaction costs

Is the blockchain you are building on scalable from a transaction cost standpoint? If the cost to transact, or perform normal functions such as minting an NFT etc is high (as is the case with many blockchains), this can act as a barrier for participation from users. A blockchain should empower users, not gate engagement behind a paywall. Tezos transaction costs are low, ensuring an openness of participation you’d expect from a global decentralized community.

Longevity

Is the blockchain you are building on designed for longevity? Most blockchains resort to upgrade-by-fork which means that the blockchain literally splits; this effectively duplicates everything on both blockchains, so if you have NFTs on the blockchain, you end up with duplicate NFTs on both chains. A blockchain like Tezos is different because it can upgrade itself without forking or splitting, meaning it can continue to become faster, stronger and better well into the future.

Apply to MGG Tezos incubator, fill the form clicking on the link below

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