Why Asuracoin is about to shake up the e-sports sector

riturajagarwal (26)in #asuracoin • 6 years ago (edited)

Today eSports and gaming is one of the fastest and largest growing markets in the world, and one the primary growth frivers in the entire entertainment industry.
In 2015, it was estimated that approximately 118.5 million people worldwide watched eSports while the global eSports market generated US$325 million of revenue in 2015 and was expected to make $493 million in 2016. The global eSports audience in 2016 grew even larger to an astounding was 226 million people. with total Global eSports revenue is estimated to reach $1.9 billion by 2018.
Naturally this means that gamers today are being offered long term sponsorships, full-time salaries and regular day to day coaching just like any other profession not to mention unbelievable tournament prize pools.( As of 10 September 2016, Dota 2 has awarded approximately US$86 million in prize money within 632 registered tournaments, with 23 players winning over $1 million)
All these are leading factors in pioneering the current and future eSports market towards a more established and recognized profession.

The Asura World Team seeing the rapid growth in e-sports intends to take advantage of the advancements in blockchain technology and integrate these to create an e-Sport platform for online gaming.
Thus they have developed Asuracoin an NEP-5 token for use on their Asura World platform, powered by NEO. The creation of this cryptocurrnecy will allow for the integration of a single universal utility token to all aspects of participation in its Asura World e-sports platform, including betting. While the NEO blockchain will allow for quick transactions and greater scalability than is currently possible with more conventional gaming platforms

Some of the best features of Asura are that they intend to provide both free-to-use and paid content as well as offer multiple privileges for members to earn tokens by performing tasks like hosting tournaments and contributing content which provides value to the community.

The Asura World platform will more specifically have 8 Key aspects that truly make it unique in the world of e-sports and gaming that will allow it to shake up the entire industry:

1)E-Sports Betting — a unique approach, allowing users to suggest their own bet types, as well as Asura setting their own bet types, which will be more game-focused and relevant than ones currently provided by most bookies. Of course this will offer gamers the flexibility of conducting their bets via various supported cryptocurrencies in friendly and easy to use ecosystem.

2)Live Steaming — users will be able to watch games live and free of charge. Twitch and Chinese portals will be used for streaming Dota 2, LoL, and CSGO, KoG with replays being available too.

3)Professional Guides — Asura world recognizing the varying needs of gamers in an increasingly competitive and challenging aims to provide indepth analysis and coaching to its users. This would be done by the recruiting of top industry gamers to provide advice and training via videos and step-by-step guides.
This will allow gamers and spectators both to develop their decision-making processes, winning strategies, item-builds, skill-builds as well adapt to gaming scenarios as they develop in real time all unique to their own play-styles and builds.

4)Community Matchmaking — platform users will be able to host their own 1v1 and 5v5 matches, with the smart contract allocating tokens to the winner on pre-agreed terms.

5)Community Tournaments — in a similar manner, users will be able to set up community tournaments and decide on key details such as the prize pool, number of participants, rounds etc.

6)Community Centre — an area where people will be able to catch up on the latest news, take part in discussions, read stories and content and generally hang out.

7)Referrals — users will also be able to earn rewards by referring their friends to the Asura platform

8)Community Rewards — those who contribute to the community by producing quality content or helping to ensure its smooth functioning will also be rewarded for their efforts

Key Advantages Of Asura Coin Over Other Blockchain Based E-sports and Gaming Platforms