Asura Coin ICO: Blockchain eSports Betting, Games & Community?
Live streaming and the audiences of competitive and non-competitive eSports have grown significantly in recent years. There has been an evolution in how we view content and specifically, the content we view in the field of offline and online gaming. There has been a major growth in the viewership of this eSPorts games.
One of the first eSports tournaments took place at Harvard University on October 19, 1972. At the time, the viewership was just under 1000 people. In comparison, the viewership for the Dota 2 game in August 2011 was more than 1.5 million people. It was the first live-streamed event in the history of eSPorts.
The growth of online viewership has boosted the popularity of online streaming sites. For instance, Twitch TV has over 15 million daily viewers. It is estimated that each person on the site spends at least 100 minutes of content. A research report, which was released by Newzoo showed that eSports managed to get over 323 million viewers in 2016. Of this number, 162 million consider themselves eSPorts enthusiasts. The other half is causal viewers.
Another report by Newzoo showed that in 2017 there were more than 2 billion active gamers globally. The industry managed to generate USD 101.1 billion. This huge growth in revenue has led to major sponsorship deals from all the areas of the industry. It includes hardware manufacturers such as AMD, NVIDIA, and software developers such as Microsoft. Even media giants like Facebook and YouTube offer sponsorship deals.
How Asura Coin eSports Betting & Games Works
The Asura Coin is going to power the Asura World platform, which will focus on the community ecosystem in general. This platform will focus on the four major areas of eSPorts betting, professional guides, community matchmaking and tournament hosting, and the discussion forum.
The Asura Coin or ASA coin is an NEP-5 token that provides a range of functions and utility on the platform. The coin is going to be used as the main mode of payment, stakes, and bets, and as an incentive to share quality content, forum contributions, and professional guides. On the Asura World platform, people will be able to access both paid and free content.
On this platform, there will be numerous avenues via which to earn tokens. For instance, there will be tournament hosted and the ability to contribute content. The initial focus will be on the four games of Dota 2, Counterstrike: Global Operations, King of Glory, and the League of Legends. More games will be added in future.
Asura Coin Conclusion
As the popularity of eSPorts continues to grow, so does the market for online betting. Through the years, there has been a major surge in this sector. It is estimated that there were about $649 million worth of bets placed on eSPorts alone in 2016. These are only official figures, and they do not account for the unregulated market. It is estimated that there could be as much as $5.5 billion in bets made on the sector. By the year 2024, it is estimated that this sector will be worth as much as $12.9 billion.