Ludwig flexes streamer money, buys NA Challengers Valorant team for half a million dollars

Streamers are the future of esports.

Ludwig “Ludwig” Ahgren announced that Moist Esports has officially entered the Valorant esports scene.

The streamer and content creator had been exploring signing his own Valorant team after joining Moist Esports as a co-owner last month. He partnered with Charles “MoistCr1TiKal” White, the founder of Moist Esports.

Ludwig at Ludwig x Tarik Valorant Invitational

Ludwig revealed in a tweet that hisesports organization spent US$500,000 to sign Breakthru, a Valorant team competing in theValorant Challengers NA Split 1.

The former Breakthru players will play under the new Moist Moguls banner when the North American Challengers league returns on February 27.

Ludwig at Ludwig x Tarik Valorant Invitational

Ludwig signs Breakthru to Moist Mogul’s Valorant roster

Moist Mogul is Ludwig’s first venture in the competitive Valorant scene. He has funded multiple gaming events in the past including Super Smash Bros. Melee tournaments and a Valorant LAN Invitational.

Moist Esports currently fields teams in Apex Legends, Super Smash Bros. Ultimate, and Rocket League.

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Coincidentally, Ludwig spent the same amount of money asJeremy “Disguised Toast” Wangwhen the latter signed Team DSG, another Valorant team solely funded and run by a content creator.

Moist MogulsandTeam DSGare both competing in the Valorant Challengers NA Split 1, the first leg of the Challengers league competition that features Tier 2 Valorant squads.Ludwig challenged Disguised Toastto a showmatch between their Valorant rosters, and the losing owner would have to shave their head.

In a previousYouTube video, Ludwig discussed his motivation forentering the esports scene. He went as far as to say esports was not a good business, describing the industry as propped up by cryptocurrencies and venture capitalist groups.

Despite the problems plaguing esports organizations, the 27-year-old said that hesimply loves esportseven though it will burn a lot of money.

Moist Moguls will face Turtle Troop on February 27, 4:00 p.m. | 12:00 a.m. GMT | February 28, 8:00 a.m. GMT+8 on the third week ofValorant Challengers NA Split 1.

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