TSM

HubertBrooks

I know nothing about marketing which makes me proud. Buying your selve into the market is a strategy, not mine. "FTX Is Spending Big on Marketing Because 'We're Behind on Name Recognition. The exchange, founded in 2019, has made big sports plays, spending $210 million to buy the naming rights to esports team TSM, $135 million to put its name on the arena of the NBA’s Miami Heat and $17.5 million for the naming rights to Cal Memorial Stadium, home of the Cal Berkeley football team. It also became the official crypto exchange of Major League Baseball (a deal that includes an FTX patch on every umpire’s uniform) and has been flooding broadcast airwaves with new ads featuring Tom Brady or its “moon man” mascot. "

20Log

Aurory on Solana, partnered with TSM. Tactical game that’s PVP, ‘unique’ IP, great visually and play style wise and a team that’s constantly building. Just need to have a popular streamer play it for a week on twitch and it would do well. Outside of that id say Derbystars on Polygon is the only other game that actually is of studio quality. Would throw treeverse on Eth in there but need to see more development happen

Buttoshi

Thanks. I can't believe he put TSM in his name smh

SirPesoOtaku

I’m invest in TSM, Exxon Mobile and SLV

itsMeeji

Tbh he prolly invested most while using the remainder to cover a luxury lifestyle in “modest” fashion • 40m spent on his penthouse in the Bahamas • 100m spent on a luxury property for his parents • 50m spent on offices in the Bahamas and USA I also vaguely remember that when FTX sponsored the esports franchise TSM, it was SBF who gave them cash incentives and that was like a $200m deal. **Overall total: $390m** (This isn’t including the costs from his savour complex, general expenses from hosting yacht parties and even sponsoring events etc)

MikeLitoris5

TSM shirt? Bearish on TSM…

Classic_Beautiful973

If they moon hard it'll be because the whole market has as well. I have my hand in enough pies between crypto and stocks that I wouldn't be too bothered. There's always boats I'm going to miss out on, but there's also always new opportunities. Just last month I was going to pick up some TSM immediately after the announcement about Buffet buying was made. Decided I already had a lot of exposure with stocks and opted not to, and the stock promptly rallied another 20% from where I was looking at. Oh well. In the end, my life is perfectly fine and I make regular gains, so I have to let various losses and lost opportunities go so I can actually enjoy what I've built

Astral_Diarrhea

Some things to note is that TSM is one of the biggest e-sports organizations in the world, probably has the most fans out of any NALCS team in League, and Sam himself is/was a league player and a massive, unironical TSM fan. He's also a bronze shitter so it checks out!

TWITCH_MIA

Yeah, I've been wondering when esports org "TSM FTX" is going to drop it.. they were paid $210mil or so a few years back to rename.

MikeLitoris5

Poor TSM. Not enough being bad at League and now this…

Morning_Star_Ritual

There’s a reason I’ve had my flair this way for a year. I believe gaming NFTs will make the PFP NFT seem like child’s play. It may be 2024 or 2030–it doesn’t matter. When it hits the OG crypto community won’t know what the fuck is happening and Maxis will scream for months. —-> think about the vibe in our space. The world is burning. I hang out (lots of free time) in gaming streams. Not a peep. Just memes and inside jokes. To some of the communities the only reason they know FTX is because of the gaming org TSM. If you want to find a large community that is decoupled from every economic sector…observe a gaming community. —> Most of our crypto buys are speculative bets. We are tribal. We marry a chain or project and think of our cost basis. Most free to play games make billions a year selling cosmetic skins. Pretty pixels. The second you buy that WZ2 bundle your money is burned. Your heirloom collection in Apex is gone the second you uninstall the game. Yes, you can sell your entire account and break TOS but often your game items are kept as nostalgic keepsakes. I have a ton of premium tanks on World of Tanks. My account is almost 10 years old. I play one a year at this point. I’d sell all my tanks except a few if they were digital collectibles. Whenever I’ve posted something like this some people explain why it’s pointless or would ruin the game. CSGO has been around for a very long time. Go look at the Twitch viewers right now…..their skin market is sort of what I imagine most blockchain games will end up being. No need for all to be pay to earn…just skiNFTs. The 780k spent for two skins is insane. There’s been a crazy market for a long time……did it ruin the game? Did it make it about money and not the game? No. We have a very large streamer developing a blockchain game right now. He streams to 20-30k a day. Who knows what will happen….but he moves with violence speed and momentum…..and the 2 Time has his eye on the prize.

deeman010

Same here. I saw FTX behind TSM’s dota 2 team but I never heard of FTX or knew what they were. Then suddenly, within the span of a week, they were all over my feed.

ebilrex

no wonder he plays LoL, i knew he was the kinda guy to be a TSM fan

HylissickOP

TSM is a joke at this point. At least in league of legends.

Czech-Made-Man

Congrats to TSM for clearing your name! 🎆

Superb-Welder3774

It is not an investment Billionaire Charlie Munger calls crypto combination of fraud and delusion Nov. 15, 2022 9:58 AM ETBerkshire Hathaway Inc. (BRK.B), BRK.ABTC-USDBy: Joshua Fineman, SA News Editor67 Comments Berkshire Hathaway Company Holds 2003 Annual Shareholders Meeting Eric Francis 98-year old billionaire Charlie Munger, a long time critic of crypto, called digital currencies a combination of delusion and fraud in the wake of the blowup of exchange FTX. “You are seeing a lot of delusion," Munger, vice chairman of Berkshire Hathaway (NYSE:BRK.B), said in a CNBC interview. "Partly fraud and partly delusion. That’s a bad combination." Bahamas-headquartered FTX filed for Chapter 11 bankruptcy on November 11 after traders rushed to withdraw billions of dollars from the platform in the wake of its multi-billion dollar shortfall. “This is a very, very bad thing," Munger said. "The country did not need a currency that was good for kidnappers. There are people who think they’ve got to be on every deal that’s hot. I think that’s totally crazy. They don’t care whether it’s child prostitution or bitcoin.” The once multibillion dollar exchange is under investigation by the U.S. Securities and Exchange Commission, Commodity Futures Trading Commission, and the Justice Department. “Good ideas, carried to wretched excess, become bad ideas,” Munger told CNBC. “Nobody’s gonna say I got some s*** that I want to sell you. They say – it’s blockchain!” Earlier, Cathie Wood purchased shares of the tumbling Grayscale Bitcoin Trust. Also see last December Munger bashed crypto and from Monday Buffett's Berkshire Hathaway takes new stakes in TSM, LPX and Jefferies.

Superb-Welder3774

Billionaire Charlie Munger calls crypto combination of fraud and delusion Nov. 15, 2022 9:58 AM ETBerkshire Hathaway Inc. (BRK.B), BRK.ABTC-USDBy: Joshua Fineman, SA News Editor67 Comments Berkshire Hathaway Company Holds 2003 Annual Shareholders Meeting Eric Francis 98-year old billionaire Charlie Munger, a long time critic of crypto, called digital currencies a combination of delusion and fraud in the wake of the blowup of exchange FTX. “You are seeing a lot of delusion," Munger, vice chairman of Berkshire Hathaway (NYSE:BRK.B), said in a CNBC interview. "Partly fraud and partly delusion. That’s a bad combination." Bahamas-headquartered FTX filed for Chapter 11 bankruptcy on November 11 after traders rushed to withdraw billions of dollars from the platform in the wake of its multi-billion dollar shortfall. “This is a very, very bad thing," Munger said. "The country did not need a currency that was good for kidnappers. There are people who think they’ve got to be on every deal that’s hot. I think that’s totally crazy. They don’t care whether it’s child prostitution or bitcoin.” The once multibillion dollar exchange is under investigation by the U.S. Securities and Exchange Commission, Commodity Futures Trading Commission, and the Justice Department. “Good ideas, carried to wretched excess, become bad ideas,” Munger told CNBC. “Nobody’s gonna say I got some s*** that I want to sell you. They say – it’s blockchain!” Earlier, Cathie Wood purchased shares of the tumbling Grayscale Bitcoin Trust. Also see last December Munger bashed crypto and from Monday Buffett's Berkshire Hathaway takes new stakes in TSM, LPX and Jefferies.

Cattaphract

Esports org TSM's main sponsor. FTX and TSM are just as shady

bopperstopper

Not sure what this means for TSM then, as they signed a $210 million 10-year naming rights sponsor deal

AllMineOfficial

Wonder what this means for TSM FTX sponsorship.. Do sponsorships carry over in such an aquisition?

financefocused

Nah this is different. FTX is in trouble, we don't know how much. If it's manageable, Binance will take over and things might return back to normal. If it's worse than we think, then who the fuck knows what's going to happen. FTX was one of the largest exchanges in the world. It's also a psychological testing moment for the industry. Bankman (CEO of FTX) was heralded as the second coming of JP Morgan (no pun intended) because he was going around and buying a bunch of exchanges for pennies on the dollar during the LUNA debacle. He was always fairly reckless (look at the fucking TSM sponsorship for $200M or some shit, I criticized it then and look what happened now) but it's still scary to any potential crypto investors because of how quickly the music can stop for crypto. The tech world has been spending like fucking crazy from a decade now and the music finally slowed down now. Crypto went from 70M NFTs and BTC at 65k to this in less than a year. Doesn't seem like the industry has maturity yet

Morning_Star_Ritual

What’s weird is CZ is a hero. Except anyone……Binance chain? Token network flywheel? Everyone cool with more power consolidating into one person? Who may have sent word….SBF I’ll make an offer and LOI, then announce on Twitter. Then I can turn retail into exit liquidity, nuke my nemesis and gain easy entry into a us compliant exchange. Oh…I can also make TSM change to BinanceTSM. And CZ Palace in Miami.

ender23

Ten mill a year to TSM, that tsm basically set on fire. Didn't dude also buy a ton of Robinhood when rh went to shit?

ender23

now the question is... did FTX ruin TSM or did TSM ruin FTX

skyvina

rip TSM FTX

Morning_Star_Ritual

Well. I’ve decided to make a bet on the opposite take. I hold a Founder’s Pass for Dr Disrespect’s blockchain game…Deadrop. It could flop, or it could be a long grind but I do think someone streaming to 20k people will have an impact. The other day his buddy, TSM Viss streamed the game. If his other friends decide to support the game it could help with adoption. The key to the project is allowing players to opt out at first. Play the game and buy skins the old way. Later they can change their mind

pcmasterrace4201

Yeah like TSM changed it name to TSMTFX.

wickedspork

Lol cuz that went over so well with TSM. I guess we'll see how that goes.

coinfeeds-bot

tldr; TSM's main YouTube channel has been terminated after a hacker live streamed a UFC event and shared crypto scams on the account. TSM's Head of Global Social, Duncan Cox, said that an email associated with the YouTube channel was hacked. Cox added that the organization has reached out to its contacts at YouTube to resolve the issue. "We've emailed our contacts to get it sorted. But if anyone has another contact that you *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

Smiling_Jack_

I'm curious what the Daily has for their equities holding. My top 10 in descending order are: 1. GOOG 2. AMZN 3. MSFT 4. NVDA 5. AMD 6. TSM 7. NET 8. DG 9. COST 10. F

Specialist_Olive_863

I only like FTX for 2 reasons. FTX app and TSM FTX.

HH0115

Nice job explaining it. He clearly doesn’t get it yet. With Intel and TSM building chip fabs all over the globe for the super powers it looks like our leaders are going to be pushing agendas leading to countries being isolationist in policy and trade. It was always going to be a layered solution.

Phynaes

It's called financial repression, and it's happened before (post WW2). The same operation is being done, interest rates are slowly raised (and lowered) over a long period of time while always staying below the inflation rate in order to allow the debt to be burned off. Bond holders get crushed in exchange for financing the government. Take a look at 1945-1981 on the Simba spreadsheets from [bogleheads.org](https://bogleheads.org), and put in TBM vs TSM - it's ugly.

YuwainEverdeen

10M seems kinda low compared to the deal FTX has signed with TSM (League of Legends) earlier this year.

GoldClassGaming

Yeah not to mention that they just got the name rights to tbe Staples Center, They heavily sponsor F1 and multiple F1 teams (they're also the official sponsor of F1's overtake trophy) and they sponsor PSG. They're doing a fuck ton of advertising. The only other exchange I've seen that does anywhere near the same amount is FTX who sponsors 2 F1 teams, The esports team TSM, the NA LCS, and has the name rights to the Miami Heat home arena among other things. Those 2 exchanges are doing an insane amount of advertising and I don't think anyone else comes close.

redratus

Yeah I hold crypto and I do not believe it is a safe investment. Neither is FB, Amazon, TSM, or even AAPL! Only invest what you can afford to lose and don’t put all your eggs in one basket.

dreslan

TSM has their hands full, I don't think the shortage is likely to end any time soon. We will see.

Rekkles210

FTX 10 year investment with TSM, American Airlines Arena (Miami Heat) Crypto.com 10 year investment with UFC, Staples Center, Formula 1

OkAd9373

You know FTX has the naming rights to the Miami stadium and TSM Gaming right? They did this months ago CRO just copied them.

TShirt_

TSM (one of the largest NA esports teams) going to TSM FTX And now with Staples Center in LA(!!!) going to crypto dot com arena.. this is huge for crypto!

Gatherun

Lol TSM with FTX was also a big deal but over several years

deadsho7

Yeah but they have made many deals, they made a $150 million deal with TSM for the name change as well.

ETisME

\>If you print a trillion dollar coin, a trillion dollars worth of houses don't collapse somewhere. The amount of wealth in the world is exactly the same before, its just that the person with the trillion dollar coin now can buy a greater share at the expense of other people with dollars That's why I said it hurts those who hold USD in form of bond and cash and all investment returning less than inflation rate. Of cause housing doesn't hurt, properties are also an inflation hedge. \>If bitcoin becomes worth twice as many dollars simply because dollars have become worth half as much then bitcoin isn't worth any more than it was originally. I'm obviously talking about inflation adjusted value Yes, obviously. I have explained we have to out run the inflation. I think there's a misconception that bitcoin needs to do 40%+ per year to be a good inflation hedge. ​ \>Do you think 2% inflation is somehow less sustainable than a payment network that either needs to double in value or double its fee revenue every 4 years? ​Actually extrapolate out those costs for 40 years and see what kind of numbers you get. Well if we were to look at it in the most extremely cases in 40 years, the biggest issue is the world wide QE isn't it? China and the US are both extremely high on debt/gdp level and the bond market is pretty much dead. What if evergrande finally collapses tomorrow? Can the world afford to have more QE again so soon? Japanese pension fund bought a ton of Evergrande bonds. Chinese property market is around 30% of its GDP, what happens when it collapses and all the middleclass suddenly lost majority of their wealth? That's not including Xi's hoping to raise the status of Mao and be equaled, meaning more socialism and nationalism and can attack Taiwan any time. Even if the war stops just right there, TSM gone means the world lost the most valuable chip maker. And yes, I do think bitcoin mining will only be evolved. Sweden power plant already raised the point about how mining helps them. Mining corps with that much bitcoin can do more than just mining bitcoin, they can make use of the bitcoin they mined to generate additional income. If mass adoption of bitcoin is here, then there's really no reason why gov won't even step in to ensure mining stays in their nation.

RaingerRick

FTX has made a massive push these past months with all sorts of advertisements and even partnering with TSM for esports as well as getting intro traditional sports. Very smart and welcomes adoption from many untapped sources.

Schattenfisch

Aurory has more to show than all of it's competitors , they have super strong connections with FTX / TSM and big investors to begin with , what are you talking about?

zapatero_rodriguez

FTX 'also recently signed a $210 million deal to sponsor eSports team TSM, changing the team’s name to TSM FTX for the next 10 years'. I didn't realize esports sponsorship was so lucrative...

SoySauceOnWhiteRice

I only know teams from Siege but this is now NIP and TSM, any others that have partnered or entered?

naji102

FTX has been paying shitload of money for their advertisements. They literally paid $200M just for the naming rights of TSM E-Sports org

Koreanjesus4545

They didn't buy TSM, it's a sponsorship.

ismashugood

They spent $210 million to buy an esports team called TSM just so they could tack ftx to the end of the team name lol.

travis-

Can't see why you wouldn't trust FTX at this point. Partners with the Miami Heat, MLB, Tom Brady, Steph Curry, TSM, too many big American brands.

Cecilia_Wren

I would buy FNBE, TSM, VTI and VOO. Probably allocate it 40% 10% %30 %20

coinfeeds-bot

tldr; TSM FTX has launched its first-ever non-fungible token (NFT) collection in partnership with the Solana blockchain-based NFT game Aurory. TSM FTX dropped four individual NFTs dubbed “Aurorians” and each one is wearing TSM merchandise. Fans can enter to win one of the exclusive NFT avatars. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

ILikeBlockchains

First FTX, now NFTs on SOL? TSM tryna make bank.

JustDownInTheMines

crypto.com and FTX have been advertising like crazy. Huge sports and esports teams like PSG, UFC and TSM and some huge spokespeople.

dmatter_

Did TSM wonnered?

PojAnom

Look at ASML stock, TSM is next, crypto is a driver.

StingRayFins

I bought more ADA and BTC. Stocks: AMD and TSM

Ravix_0f_Fourhorn

TSM is also partnered with FTX

hehechibby

[LCS \(and TSM\) have already partnered with FTX](https://www.google.com/search?q=lcs+ftx&oq=lcs+ftx&aqs=chrome..69i57.1793j0j4&sourceid=chrome&ie=UTF-8)

nDreCoelho

At least TSM partnered with FTX. Gaming organisations are a huge, if not gigantic door to a younger, more susceptible population. Orgs need to do a more thorough due diligence before shaking hands with any project

cuevash

I knew when I saw the TSM and FTX partnership, crypto.com was going to be next. Good teams to pick too.

naji102

FTX is an exchange which collaborated with an esports team TSM

ILikeBlockchains

Don't forget Tom Brady signing on for FTX, as well as TSM (though eSports)

Fibocrypto

White line was initially created 5 years ago by looking at the Nasdaq 100 index and the stocks inside it as well as look at the Sox index . Those stocks most everyone knows : AAPL Nvda lrcx asml amzn goog googl qcom avgo TSM fb amd txn MSFT cmcsa pep mu csco INTC You would be surprised how little of each of those you needed had you bought them back at the zero line ( the zero line is your cost basis )

wJFq6aE7-zv44wa__gHq

You're delusional if you think gold isn't effected by the utility of it. I'm not saying 100% of the price is based off of its utility. But 20-40% seems reasonable. Companies like TSM buy gold in massive quantities when it's cheap and even short it when it's expensive to get the price back down. Diamonds.... There's a reason the diamond jewelry market is valued at $80bn. The utility works as a price mover.

deadsho7

More like curry as they must have paid him a fuck ton. They paid TSM 200m just to collaborate on the name.

travis-

they own the naming rights to the miami heat stadium for like 18 years. they also have naming rights to California Memorial Stadium. tom brady, trevor lawrence, steph curry, kevin o leary, etc all as company ambassadors the umpires in all the MLB games wear uniforms with the FTX branding. they have naming rights on the esports org TSM so its TSM FTX im sure im missing a few but they're onboarding people through blockfolio which they own.

HylissickOP

One of the biggest names in league of legends is TSM which partnered with FTX and the team is now called TSM FTX. FTX is really smart approaching the eSports scene because of its all young viewers.

HylissickOP

TSM FTX anyone ?

Kevin_1722

They also signed a huge deal with esports org TSM

JustDownInTheMines

TSM, Steph Curry, Tom Brady. FTX putting in the money!

Anime-Boomer

this is the 20th time this has been posted here today also Curry is an investor in TSM who a few months ago signed a 200 Million partnership with FTX so this was no surprise

Anime-Boomer

Steph is an investor in TSM who just recently signed a 200 million dollar partnership with FTX so this is no surprise

JustDownInTheMines

This is huge wow. FTX is pulling out all the stops these past weeks. More advertising and signing the major esports team TSM, attempting to move into new markets internationally and also adding derivatives trading? Let's go!

fuenfsiebenneun

should‘ve bought some FTX when TSM announced their partnership. oh well

lagav16

Well, it’s official. Crypto has ruined the stock market for me. I resisted for over a year but I’ve just sold my entire stock portfolio and will move it into crypto. Goodbye XOM, APPL, REMX, DIS, PLTR, TSM, etc you just don’t perform like my LINK, DOT, VET, RSR, OCEAN, GRT, ETH, BTC etc.

deadsho7

The TSM deal was expensive as hell too.

WillingFact

FTX have a lot of advertising money, which they hope to get their name out there. They recently funded the League of Legends team TSM and the NALCS, which are an extremely popular team and tournament in America. I wouldn't be surprised if they are going to purchase a Superbowl ad in the future to get their name out even more.

inntw-inutw

And they payed 200 million for naming rights for TSM

Trenchcoat_Economics

Really? That’s an incredibly expensive sponsorship then. Wonder what TSM’s enterprise value is lol

Trenchcoat_Economics

FTX bought TSM. ​ I am a huge Team Solo Mid fan. They were one of the big pioneers in bringing eSports mainstream. Quite fitting.

StreetsAhead123

I don’t know what or if you follow esports but FTX recently partnered with TSM and now this? Bullish for sure

TsmPolizia

Glad to see more adoption in mainstream media and sports. Formula one has crypto.com adverts and TSM Got is sponsored by FTX.

Confident_Elephant_4

Given that Biden has shown he is too cowardly to protect US allies, I think money will rotate from stocks like TSM (in Taiwan threatened by China) and some US companies with exposure to China to Bitcoin so Bitcoin should go up. A friend put a sell order in for his TSM stock this morning and plans to move half of it to Bitcoin.

isStreetZ

Damn didn't know, thanks for letting me know. Maybe they change their mind now that LCS is sponsored by the FTX gold diff and TSM.FTX can get some exposure on worlds potentally vs chinese teams (if they make it to worlds first tho)

IAmNocturneAMA

No... I am telling you they have strict rules that TSM cant have their name on broadcast as TSM FTX due to the nature of FTX's business (being crypto). As far as I am aware both FTX and TSM wanted the name changed on broadcast. So yes Riot did actually prevent it from happening due to a rule they implemented. QuantumPay is allowed, once again due to the nature of the business.

IAmNocturneAMA

LCS had strict rules previous to this which limited how a team could change their name based on the nature of the sponsorships business. It was nothing against TSM, just a rule that already existed, that being said it wouldn't surprise me if we see that change.

isStreetZ

Is it confirmed tho? I thought TSM name change was on all of their games teams excluding their lol squad, might be wrong tho

Motherfu69erJones

So first they wouldnt let TSM put FTX in their name or jerseys and now they strike a sponsorship deal eith FTX themselves. Damn riot sure makes quick U turns.

isStreetZ

FTX already signed a 210 million contract with TSM (esports team) to change its name to TSM.FTX, cool to see that now FTX appears on every match of the North American LCS

F1014

Around when TSM and FTX announced their partnership. Also, can you let me know the name of their website so I don't accidentally click a phishing link?

TsmPolizia

It's that TSM sponsorship!!

iiiiiiiiiiiiiliiiii

Yeah, they're becoming one of the top exchanges. They payed a lot to TSM e-sports team to put FTX on their name.

cuprumcaius

FTX going hard into esports, first TSM and now LCS Somehow it makes me feel safe using them as my exchange, maybe just because they are associating with things I'm familiar with

YuwainEverdeen

Arent they already the main sponsor of TSM (biggest NA franchise in terms of fanbase) since a few months ?

Roskoh

FTX are pushing into e-sports lately... They also signed 210m deal with TSM(team solo mid)

coinfeeds-bot

tldr; Cryptocurrency exchange FTX has announced a seven-year sponsorship deal with the League of Legends Championship Series (LCS). FTX plans to sponsor broadcast segments related to the in-game gold currency, like the current amount of gold that each player and team has accumulated by far in each match. FTX previously entered a ten-year $210 million deal with Team SoloMid (TSM). *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

naji102

League champion series: We won’t call TSM FTX it’s against our rules FTX: *Hold my beer* FTX signed a 7-year partnership making them their official cryptocurrency exchange

trigggered

FTX has already partnered with TSM so this is another step in the right direction