According to ChainCatcher, the Web3 esports platform MTT Sports will launch a Bitcoin tournament in October, where participants have the opportunity to win 1 Bit and participation is completely free. Starting from October 1, the weekly prizes will include 1 Bit and at least 100,000 MTT tokens. The project plans to allocate 100 Bits as promotional prizes.
MTT Sports is an application dedicated to multi-table tournaments (MTTs), and does not support traditional table games. The team's mission is to popularize the MTT tournament model globally, encouraging more people to participate in this fair and competitive form of competition. MTT Sports has developed the EVM-compatible MTT Network using the Cosmos SDK, where the card dealing process will be verified on the Block to ensure transparency and openness.
It is reported that MTT Sports has raised 10 million USD from an anonymous investor, with most of the team members being experienced developers.