Technology News

Blockchain and gaming start-up Haste will be exhibiting the Haste Arcade at CES 2022. The recently funded startup will be part of the Bitcoin SV booth at the world's leading technology conference and will be displaying its revolutionary Instant Leaderboard Payout (ILP) technology.

Says co-founder Keith LaForce , "We were extremely excited when Coingeek and the Bitcoin Association invited us to be a part of the BSV booth. CES is the best tech conference in the world, and we can't wait to introduce Instant Leaderboard Payouts to the mainstream."

Haste uses blockchain technology to give gamers the ability to earn micropayments by placing on leaderboards for games within the Haste Arcade, the company's first product. For example, a gamer can spend $0.01 in Bitcoin SV (BSV) to play a game, and if they make the game's leaderboard, the gamer then earns a percentage of every subsequent gameplay until they are no longer on the leaderboard. Gamers can choose game levels that range from a fraction of a cent to hundreds of dollars per play depending on their spending appetite.

The Haste Arcade's ILPs offer a new form of "Play to Earn", in the sense that all games within the arcade are skill-based and allow gamers to get better with practice. The arcade also includes a Software Developer Kit (SDK) that allows third-party game developers to implement ILPs into their games. The benefit for the developers is that they get an output from each gameplay, thus introducing a new revenue stream.

Adds LaForce, "Our team has built several of the games in the arcade, but our long-term goal is to have experienced game developers and studios using our SDK within their games. From what we've seen so far, ILPs are an incredible engagement tool, and they generate a lot of extra revenue for the game developers."

Haste launched the Haste Arcade in October. The company is backed by gaming industry experts Thomas Vu , the co-head of franchise development at Riot Games, as well as Anthony Borquez , a director of the clinical entrepreneurship program at USC as well as the founder of several gaming companies. Other prominent investors include San Diego -based startup accelerator LogicBoost Labs , and blockchain experts Jack Liu and Unbounded Capital . The company will be part of the Bitcoin SV booth (booth #8941) located in the North Hall of the Las Vegas convention center and will be exhibiting alongside renowned esports organization Built By Gamers . Gamers and blockchain enthusiasts can stop by the booth to play games and win potential prizes from the Haste Arcade.

About Haste

Haste is the parent company of the Haste Arcade, a platform that utilizes blockchain technology to enable people to earn from activities they are already doing. The company is focused on developing additional blockchain-related products with a key focus on utility as opposed to speculative trading.

Media Contact:
Joe DePinto
818-429-9477
326835@email4pr.com

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SOURCE Haste

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FaZe Clan Logo (PRNewsfoto/FaZe Clan)

Event: FaZe Holdings Inc. Second Quarter Business Update
Date: Monday, August 15, 2022
Time: 2:00 p.m. Pacific Time ( 5:00 p.m. Eastern Time )
Webcast: https://events.q4inc.com/attendee/243466355
Toll Free Dial-In: 1 (888) 440-6928
Toll Dial-In: 1 (646) 960-0328
Dial-In Conference ID: 1341513

Management will also respond to pre-submitted investor questions on the webcast. To submit a question, please email ir@fazeclan.com .

An archived webcast of the conference call will also be accessible on FaZe Holdings Inc.'s Investor Relations page, https://investor.fazeclan.com .

ABOUT FAZE CLAN

FaZe Holdings Inc. (Nasdaq: FAZE) is a digital-native lifestyle and media platform rooted in gaming and youth culture, reimagining traditional entertainment for the next generation. Founded in 2010 by a group of kids on the internet, FaZe Clan was created for and by Gen Z and Millennials, and today operates across multiple verticals with transformative content, tier-one brand partnerships, a collective of notable talent, and fashion and consumer products. Reaching over 500 million followers across social platforms globally, FaZe Clan delivers a wide variety of entertainment spanning video blogs, lifestyle and branded content, gaming highlights and live streams of highly competitive gaming tournaments. FaZe Clan's roster of more than 85 influential personalities consists of engaging content creators, esports professionals, world-class gamers and a mix of talent who go beyond the world of gaming, including NFL star Kyler "FaZe K1" Murray, Lebron "FaZe Bronny" James Jr., Lil Yachty aka "FaZe Boat," Offset aka "FaZe Offset," and Snoop Dogg aka "FaZe Snoop." Its gaming division includes 11 competitive esports teams who have won 35 world championships. For more information, visit www.fazeclan.com , investor.fazeclan.com and follow FaZe Clan on Twitter, Instagram, YouTube, TikTok, and Twitch. The content of any website referenced or hyperlinked in this communication is neither incorporated into, nor part of, this communication.

CONTACTS
Investors:
ir@fazeclan.com
Media:
chelsey.northern@fazeclan.com

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SOURCE FaZe Clan

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