THELOGICALINDIAN - Last anniversary EloPlay appear affairs to accommodate blockchain technology into its accepted eSports platform
eSports is a anatomy of aggressive gaming. It is a almost new phenomenon, but one that has absolutely bent blaze and managed to spawn a booming industry. It has become so popular, in fact, that it has already been added to the 2022 Asian Games and there is alike allocution about it actuality included in the 2024 Olympics.
In agreement of revenue, eSports is growing by leaps and bounds. In 2017 alone, eSports will accept generated an estimated $696 actor – an access of over 41% from the antecedent year. Furthermore, with the cardinal of online gaming platforms steadily increasing, the all-embracing revenues of the industry is predicted to ability $1.5 billion by 2020.
eSports’ admirers is accretion as well, with about 400 actor bodies affability into contest in 2017 alone, of which 191 actor accede themselves to be adherent enthusiasts. This is decidedly absorbing back you accede that baseball, basketball, and football (American), three of the world’s Top 10 sports, accept audiences of 500, 400, and 390 actor people, respectively.
As for players themselves? The Global eSports Market Report has estimated their cardinal to ability 58.4 actor by the end of 2024.
While above online gaming platforms like Steam are quick to jump on the eSports bandwagon, best accept called to avoid the affiance that blockchain technology brings. Fortunately, their abate competitors are audition the call, and there are now several online gaming platforms that accept already accepted blockchain-powered solutions or at atomic accept bidding their absorbed to do so in the abreast future.
One such archetype is FirstBlood, which has been operating for added than a year. The belvedere offers its users an befalling to play, compete, abode bets, and acquire rewards. Currently, the belvedere hosts alone Dota 2, however, it has appear that it will additionally add Counter Strike: Global Offensive, FIFA 18, Hearthstone, League of Legends, and Call of Duty.
Another notable archetype is Gilgam.es, which has afresh captivated an ICO. With the activity appointed to access beta in backward 2017, the belvedere will action alone acute affairs for anniversary match, as able-bodied as action functionality. The belvedere will use bogus intelligence which, while it does not actuate the winner, confirms that a assertive amateur or a aggregation has won, and over time, will ascertain and ban cheaters. The belvedere will action a set of amateur agnate to that of FirstBlood.
Last, but absolutely not least, there is EloPlay. Already on the bazaar for about two years, EloPlay fabricated the contempo accommodation to acquaint blockchain to its ecosystem. The project’s aggregation came up with what they alarm ‘smart tournaments’ that are about approved tournaments with decentralized award-winning pools aggregate by the players themselves, or by sponsors of a clash which, in this case, is chargeless to participate.
Other blockchain-enabled options of the EloPlay belvedere accommodate betting, gamer stats, and advertising. However, those are yet to be deployed. Amateur accessible at EloPlay accommodate Counter Strike: Global Offensive, Hearthstone, Dota 2 and added accepted games.
The EloPlay aggregation explained their accommodation to embrace blockchain tech:
EloPlay has appear that it will authority an ICO to accession funds for the added development and affiliation of added blockchain-based features. The ICO will activate on October 16, 2017. For added information, amuse appointment the official ICO website.
These are not the alone projects that anon accommodate blockchain solutions in their platforms. There are others which action a specialized badge to buy banknote beyond the internet, while others focus on the bank ancillary of the industry alms avant-garde action experiences.
With added and added projects advancing online and amalgam blockchain-powered elements in their platforms, it seems like it will alone be a amount of time afore the eSports industry becomes the best tokenized and acute arrangement apprenticed of them all.
And, at its accepted pace, it’s acceptable that it won’t booty actual long.
Are you an eSports player? How do you anticipate blockchain tech will change the eSports industry? Let us apperceive in the comments below.
Images address of Wikimedia Commons, Shutterstock
