BitOasis and EGA MENA launch ‘BitOasis Rainbow Six Siege Invitationals’
The Esports & Gaming Agency (EGA) and BitOasis, the region's largest and most trusted cryptocurrency exchange, have launched integrating cryptocurrency with gaming through its first ever tournament, the ‘BitOasis Rainbow 6 Siege Invitationals.’
BitOasis Rainbow Six Siege Invitationals had the biggest and most elite R6S teams battling it out for bragging rights as well as a prize pool of $5,000. The teams that participated in the tournament were as follows
With the world quickly adopting cryptocurrency as a norm in the ever-changing face of finance, BitOasis intends to approach gamers in the Middle East through EGA. Collaborating with the region’s biggest gaming influencers, BitOasis aims to provide a trustworthy and secure platform for gamers to begin their crypto journey with. Under the campaign, BitOasis will also spearhead crypto education initiatives for gamers to simplify their journey into crypto trading.
Commenting on the partnership, Ola Doudin, BitOasis’s CEO & co-founder said: “We are excited to partner with EGA and usher in a new era where gaming, blockchain technology and virtual assets coincide in the digital ecosystem. Esports and gaming are expected to become crucial drivers of crypto adoption among Gen Z and Millennials. We hope to see the convergence of our two industries building more awareness and engagement around virtual assets within the MENA region.”
UAE based BitOasis has come a long way in its journey to become the region’s leading virtual asset exchange by trading volumes. It has raised $30 million in a Series B round co-led by Wamda and US-Based VC Jump Capital. The Middle East has a massive appetite for cryptocurrency which has led to major players in the cryptocurrency space to build their presence in.
Karim Mousa, Director, EGA added “This partnership is a good sign of the increasing interest of brands to invest into the regional esports scene as a tool to connect to wider audiences. We’re very excited to have worked with BitOasis on this esports tournament and influencer campaign”
The invitationals took place during the second weekend of the holy month of Ramadan (14th, 15th & 16th of April) and was live streamed on EGA MENA’s Twitch channel. Osh-Tekk Warriors didn’t only manage to claim the bragging rights and win the $5,000 prize pool but they are considered the first team to win the region first R6S invitationals!
BitOasis is the Middle East & North Africa’s (MENA) leading online crypto asset trading platform. Established in the UAE in 2015, BitOasis serves retail and professional traders and investors from the Gulf Cooperation Council (GCC) region and the wider Middle East market. The company completed a $30m Series B financing in Q4 2021 raising funds from local and global investors including Jump Capital, Wamda, Alameda Research, Pantera Capital, Digital Currency Group, and Global Founders Capital.
In 2021 BitOasis received its Financial Services Permission to operate a Multilateral Trading Facility in/from the Abu Dhabi Global Market and is registered as a Virtual Asset Service Provider with the Financial Intelligence Unit of the Central Bank of the United Arab Emirates. BitOasis received provisional approval from Dubai’s Virtual Assets Regulatory Authority (VARA) in March 2022, and its license application is underway. To date, the company has transactedover USD $4bn in virtual asset transactions on its platform, with approximately USD $1.7bn being transacted in 2021. All services offered, marketed or promoted by BitOasis to users are through www.bitoasis.net.