Fluxo Esports has announced its entry into the Brazilian League of Legends Championship (CBLOL) franchise after acquiring Rensaga Esports.
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Fluxo Esports has announced its entry into the Brazilian League of Legends Championship (CBLOL) franchise after acquiring Rensaga Esports.The official announcement came months after the deal closed. Esports Insider confirmed the acquisition in August of this year.According to Renan Philippe, CEO of Fluxo’s managing company 3C Gaming, the deal was finalized before then. If you need more information about Fluxo Officially Enters CBLOL then read carefully and share with your friends and keep supporting us.
He told, “Theoretically, we took the second step [toward the expansion] with our CS:GO team, but it was actually the third because the CBLol spot was already there before we even started talking about Counter-Strike. Could have settled the deal.”It is possible to project June 2022 as the month when Fluxo reached a deal with Rensaga for the spot. By that time, Rensaga had scrapped his League of Legends roster and promoted players from his academy team to play out the rest of the season.
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The explanation by Rengsa was a change in plans by the organization, which was scaling up its business model. The new direction taken by Rensaga’s management became apparent in October when the organization’s founders launched the game monetization platform TipSpace.Philippe did not reveal the spot takeover figures but said ‘it was good for everyone’. He indicated that the price kept below $2m (~£1.66m) was reportedly paid by Vivo Keyd Stars to Netshoes Miners, another recent spot acquisition in CBLOL, but it is yet to be revealed to sellers. was also satisfactory.
The original CBLOL spot value when the franchise was launched by Riot Games in 2020 was approximately $750,000 (~£620,000).According to Philip, Fluxo entered CBLOL to enhance the long-term sustainability of the organization. Part of this plan includes expanding the amount of eSports that can be played, which led to its entry into the CS:GO scene. Thus, the CEO believes it is important to enter on a consistent 10-year view to expand Fluxo’s brand and provide stability.
Philip’s thoughts about sustainability matter more as Free Fire, the scene where Fluxo’s co-founders rose to fame and where the organization began its operations, saw a significant drop in viewership at its latest world championship Is. Other organizations that started and grew on Free Fire, such as Los Grandes and Loud, have also taken positions in the CBLOL franchise.
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