Firstly; We would like to apologize to all our fans, players, influencers, content creators, management and community for not being able to deliver merchandise on time or wrongfully, and for the inconvenience it might have caused. We will set this right going forward!
Secondly; We would like to apologize to all our partners, sponsors and tournament organizers for not being able to deliver planned marketing material etc. for the past 3-4 months as we’ve been missing our products to be able to execute on marketing plans.
Today Team Singularity is officially parting ways with DashThreads as our merchandise supplier, and we will be distancing completely from anything related to DashThreads. A professional organization cannot be run without having a reliable merchandise supplier.
The decision comes after months of trying to get the partnership on track, but with the unprofessionalism shown by DashThreads and its CEO and owner Devin Fry we can simply not pursue fixing this anymore. The last few months have been filled with lies and excuses instead of DashThreads curing previous problems and missing orders.
We are currently missing more than 300 prepaid units from internal orders to players, influencers, content creators, management and community, where the majority of these were placed as an order in July and as bulk.
Our legal team will be taking action against DashThreads as it has been a very one-sided partnership. We will not be going into further details about the mistreatment of the partnership from DashThreads side, but we advise anyone dealing with DashThreads to be very cautious.
“I believe in second chances and I know how tough a startup journey can be, and when DashThreads offered a good deal in the start of the year I made an executive decision to switch merchandise supplier, a decision I’ve regretted ever since. I did my due diligence on the company prior to enter the agreement, and it seemed to have had a very shady past, but the owner ensured me that they had learnt from previous experience and that the company was starting on a fresh in 2020.
Atle Stehouwer, Founder & CEO, Team Singularity
If it sounds too good to be true, then it probably is. A simple phrase and often very true. In this case with DashThreads I believe it’s the best way I can describe my experience dealing with Devin Fry. I am still unsure to this day whether he actually has any employees, and the last 7 months feels like Singularity and I have taken part in an unwilling experiment run by DashThreads.
I do not even know where to start in regards to describing the feeling of disappointment I have and the past three months have caused so many frustrations and negative vibes that have resonated internally, that we simply have had to cutoff the source of these frustrations by parting ways with DashThreads.
I’m very sad that my worst fears prior to entering this partnership earlier this year came true and I take full responsibility for a deal that should never been made in the first place. I will not beat myself up about giving people and startups a second chance, I am just sad that DashThreads and Devin Fry decided not to rise above previous accusations and prove that it was a legit startup. Actions speak louder than words”.
About Team Singularity:
Team Singularity, recently acquired by Rightbridge Ventures, launched in 2016 as a grassroots operation and has grown into a premier esports organization with professional teams competing in Fortnite, Counter-Strike: Global Offensive, Rocket League, League of Legends, FIFA22, Apex Legends and more.
The company is focused on talent development and is the leading player talent incubator in esports. Team Singularity has the largest path2pro esports academy in the world with over 10,000 active amateur players making their way to become the next pro player in esports.
Team Singularity is home to more than 100 players and staff members from more than 30 different countries.
About GamerTech™:
GamerTech (GT) brings disruptive products, technology-based gamer wearables, and advanced apparel solutions to market, focused explicitly on gamers and esports athletes to boost performance, amplify experience, and enhance their overall wellness. GT is a startup within MAS Innovation, a subsidiary of MAS Holdings - the most prominent apparel tech manufacturer in South Asia, with over 118,000 employees across 17 countries and a turnover of USD 2 billion, strongly focusing on apparel-based innovations. MAS Innovation ranked 18th among the world's best workplaces for innovators, conducted by Fast Company in 2022, and placed in Clarivate's highly prestigious Asian innovators list in 2021 and 2022.
