A Vancouver-based micro cap just announced in partnership with Bitcoin Vault, it has launched the first set of non-fungible tokens (NFTs) promoting the previously announced esports talent show, ‘Skillz Vault by Bitcoin Vault.’ Shares of ESE Entertainment Inc. (OTCQB:ENTEF) rallied on the news as NFTs have grown vastly in popularity since the start of this year.
ESE Entertainment Inc. is a Europe-based entertainment and technology company focused on gaming, particularly on esports. ESE consists of multiple assets and operators in the gaming and esports industries. Its capabilities include but are not limited to, physical infrastructure, broadcasting, global distribution for gaming and esports-related content, advertising, sponsorship support, and a growing esport team franchise. The company is focused on bridging Europe, Asia, and North America.
Traders were optimistic on the news as shares hit an early session high of $0.8526/share (+15.00%) following the announcement. This move is the first sign of life in the last few months as the stock has been riding a slight intermediate downtrend since March.
