Esports player Cody Conrod launches access fund to subsidise gaming hardware
Professional Fortnite player Clix has established a new holding company and access fund to help aspiring esports competitors purchase increasingly expensive equipment.
FTMQ Business, written by our newsroom0 views
Competitive Fortnite player Cody Conrod, known online as Clix, launched a new holding company to formalise the Dr3amin Access Fund, Fortune reported. The 21-year-old esports player, who dropped out of school in eighth grade, aims to assist aspiring gamers with the rising expenses of entry into professional gaming. The initiative builds on his previous annual holiday giveaways that provided hundreds of thousands of dollars in gaming equipment. [1]
The price of entry for professional gamers has increased as the massive expansion of data centres drives up costs for computers, graphics processors, and memory chips, according to Fortune. Conrod, who has accumulated more than 8 million followers on the streaming platform Twitch, is seeking to offset these hardware costs for new players through his new fund. [1]
Fortnite is a global video game featuring last-one-standing matches where players compete across an ever-shrinking map. The game reached more than 650 million registered users worldwide by late 2023, generating billions of dollars in revenue through in-game microtransactions for items such as virtual skins and battle passes. [1][4]
In short
- Cody Conrod, known as Clix, launched the Dr3amin Access Fund under a new holding company.
- Data centre expansion has increased prices for computer hardware, graphics processors, and memory chips.
- Conrod has over 8 million followers on the Twitch streaming platform.
- Fortnite recorded over 650 million registered users worldwide by late 2023.
Sources
Every paragraph above points to the numbered items it rests on. Read the originals here.
- [1]After dropping out in 8th grade to pursue esports, this Fortnite player takes a page from MrBeast while helping others offset high cost of pro gamingFortune, 2h ago (the report this story comes from)
Background
- [2]Nick Eh 30 on Wikipedia
- [3]Jeff Bezos on Wikipedia
- [4]Fortnite on Grokipedia
- [5]MrBeast on Grokipedia
Our newsroom writes these reports with the help of software, from the 5 sources listed and nothing else, and checks them against those sources. Facts can still be wrong or move on; the originals are the record. Spotted a mistake? Write to daniel@monsterkong.com.
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