Richard Bengtson, aka FaZe Banks, recently responded to the backlash he's received over getting FaZe Clan involved in cryptocurrency. In a video for his crypto-media platform CTV, the CEO of the esports organization gave his take on getting the relatively new technology into the gaming space.
Bengtson's vision for getting into the cryptocurrency market ruffled a lot of feathers, with many people calling it a scam. Directly addressing such criticism in the video, he claimed that "all the best tech" start as scams:
Since becoming the CEO of FaZe Clan, FaZe Banks has been making a lot of changes to the organization, including layoffs. For those unaware, a few weeks ago, several streamers and content creators affiliated with the company were let go, with the likes of FaZe Rain leaving of their own accord.
Regardless, FaZe Banks and others in top positions have been calling for a reboot of their brand identity for months. Numerous new signings have been made to fill up the roster, including Twitch streamers, such as Plaqueboymax, Jasontheween, and Silky.
On top of roster changes, FaZe Banks has also been talking about integrating cryptocurrency into the esports organization with crypto-games and more. Only a few days ago, he had a public clash with YouTuber YourFellowArab about the credibility of crypto.
In the latest CTV video, the FaZe Clan CEO compared cryptocurrency with the internet, claiming that there were internet deniers in the past:
He then claimed that he and his fellow supporters were laying the foundation for what they think will be a successful cryptocurrency project in the future and that naysayers are to be expected:
FaZe Banks' recent decisions concerning how to run the esports organization have been met with mixed
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