Instant Payments
Sending large amounts of player payments across the globe is extremely tedious.
Challenges Include:
- Late payments. This is especially prevalent across the esports industry.
- Withdrawal fees and accounting logistics are problematic, especially for unbanked/underbanked players in emerging markets.
- Because of high minimum fees, payment distribution is often concentrated, leaving most participants without rewards.
CG Solution:
CG’s efficient UX abstracts away blockchain complexities and elevates the competitive gaming experience for tournament organizers and players alike. This practical use case of blockchain tech simplifies onboarding and solves a real problem for gamers; getting paid on time.
Our automated solution uses smart contracts, allowing instant payment distribution to up to thousands of players in a single event. Smart contracts are agreements written in code that run on a blockchain. These coded payment agreements are automatically executed when predetermined conditions are met, such as a confirmed tournament outcome.
CG is a chain-agnostic platform, integrated with popular blockchains to support web3 gaming across various ecosystems. Supported networks include:
- Ethereum
- Base
- Ronin
- Solana
- BNB Chain
- Polygon
- Mantle