The investment came from Savvy Games Group, a wholly-owned subsidiary of Saudi Arabia’s Public Investment Fund.
The platform is used by players to form teams, practice against each other, track match data, and find competitions.
While the company stated it will not organize any tournaments outside the Asia region, third parties are welcome to do so.
The W3E Championships will have the most competitive EV.io teams at Istanbul Blockchain Week and have them compete for the $15,000 prize pool.
The planned events and tournaments will reward AXS coins, Axie Infinity's currency.