The popularity of digital sports is increasing rapidly. ESports had 120 million regular viewers and 115 million occasional viewers worldwide in 2015. Until 2020, the digital sports audience is said to rise to 286 million regular and 303 million occasional viewers.
Even though the participation in eSports and its income are rising quickly, very few well known professional players are well paid. Most players receive little or nothing for their achievements and their commitment.
The eByte project uses its own Blockchain technology, to establish the first international payment and contract system for the eSports community.
What Is eByte?
The main aim of the eByte project is to create an internationally recognized and widely used eSports compensation system, to ensure the participating leagues, teams, and players can be adequately compensated for their commitment and achievements, while the decentralized character of digital sports is being maintained.
They are creating an online marketplace through a variety of platforms and portals, including a system of smart contracts, where service providers can exchange their services for eBytes, as well as an idea portal, where enthusiastic developers receive support from the eSports community, to run the project onto the eByte blockchain.
Additionally, they also plan on developing game platforms, including leaderboard systems, mini-game sites, and a variety of mobile apps and games. Players, teams, and enthusiasts don't have to use our portals for eByte trading. eByte trading will be available on many popular crypto exchanges once our coin is released.
eByte Decentralized eSports Blockchain Cryptocurrency Features
The eByte crypto coin is an innovative compensation system for the eSports community which is modern, efficient and easy to use. Some of its key features are:
- Quick transactions: The eByte cryptocoin, working based on its own blockchain, has a quicker confirmation time than Bitcoin, Ethereum, and many other coins. This enables transactions to be confirmed in under a minute.
- Cross-Border Payments: Users can transfer eBytes anytime and from anywhere.
- Security: Their expert encryption and blockchain technology guarantee secure coin transactions.
- GPU efficiency: The eByte mining process has been developed to protect and ease the hardware in contrast to many other mining activities.
- Decentralized: eByte doesn’t have a central authority and is not being controlled or managed by individual persons.
eByte Token ICO Details
The eByte Token Event is planned for the second quarter of 2018. The token sale will last for 30 days, or until the goal of TBD Ether is reached. Before that, you can buy tokens with a limited 30% bonus in the public pre-sale.
A total of 4.7 million tokens will be issued with a targeted hard cap of 30,539 ETH and a soft cap of 2,240 ETH. 40% of the funds raised will go to Marketing and PR, 30% for technical research and development, 15% for Business Development, 10% for partnerships and 5% for legal services and advisors.
As the popularity of digital sports grows among players and viewers—with matches filling stadiums, streaming live and airing on cable television—eSports is attracting serious attention and support from major brands, real sports organizations, and other investors. Today, eSports is not only a worldwide recreational phenomenon, it is also well on its way to becoming a multibillion-dollar industry.
Through its native currency, eByte will attempt to capitalize on this market while solving issues like trust and ease of use. More information about the company and their token is available on ebyte.sale/en/