The deal signed by Félix Lengyel, known as xQc, matches traditional athletes’ contracts, and is another sign of Twitch’s tense relationship with its top streamers.
It’s a new platform so they must be burning investor money to promote the platform by doing this. It’s working. They just need to have a plan to earn it back.
The rival platform is “Kick” in case anyone wants to not open the article but still wants to know which it is.
Ah, i personally don’t use Twitch much so I didn’t even know what the rival was either.
Surprised Kick has that kind of walking around money.
Kick is run by gambling companies and online casinos. the initial reason for Kick even existing was that Twitch banned gambling streams
It’s a new platform so they must be burning investor money to promote the platform by doing this. It’s working. They just need to have a plan to earn it back.
They also earn a lot from Stake, their gambling platform. $100 million probably isn’t that much for them.
I mean it’s probably easy when you get your money by fleecing your fan base with a crypto gambling scheme.