Web3 Startup Community Gaming Announces Layoffs Due to Decline in Esports Industry.
Web3 Startup Community Gaming, a company that specializes in creating blockchain-based gaming platforms, has announced that it will be laying off a significant portion of its workforce due to a decline in the esports industry. The layoffs come as a result of the COVID-19 pandemic, which has caused a significant decrease in the number of esports events and tournaments being held around the world.Community Gaming was founded in 2018 with the goal of creating a decentralized platform for esports tournaments and competitions. The company's platform uses blockchain technology to provide