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Despite some early stumbles when it came to finding a name and fending off bigger organizations that “snipe” its players, the Disguised Toast esports team started strong with the VALORANT roster undefeated in the Open Qualifiers of the NA VALORANT Challengers League.
As with all organizations, however, the challenge over time will be sustainability. But the streaming star and OfflineTV member isn’t actively looking to take money from a source that so many organizations have: cryptocurrency.
“I will do my best to avoid [crypto]”, Toast said in an episode of “The Wisemen,” featuring 100T streamer Hiko, esports insider Slasher, former 100T coach Sean Gares, and the game’s leader steel in disguise.” as an esports organization you can’t accept crypto money and then pass it on to all your fans and then once it drops… wipe your hands and pretend like you’re not just selling [crypto] to your young base and get them to invest.
Toast added that crypto “isn’t just a regular sponsor” as fans invest in a “volatile currency” rather than just buying a normal consumer product like headphones, an energy drink, or “pizza pops.” .
“I would hate to do that to anyone,” Toast added of people who bought crypto just to crash, “especially people who joined because they believed in you and your Mark”.
Related: Disguised Toast Reignites the Classic Profit Margin Debate, and Industry Big Names Give Answers and Memes
Had Toast’s new esports organization been formed two years ago at the start of the COVID-19 pandemic during the initial period of the crypto ‘boom’, perhaps his thoughts on it might have been different. But crypto in esports has taken a number of hits recently, due to events such as the LCS and TSM sponsor FTX bankruptcy, the iShowSpeed crypto “scam” controversy, and within VALORANT in particular. , a scourge of gamers ruining pro and streamer rated games by throwing matches after placing bets on crypto sites.
Toast’s VALORANT team will make their NA Challengers debut on February 1. We will then see what sponsors he potentially brought in at that time.
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