Asura Coin ICO Review

in #steemit6 years ago

 The world of eSports has grown hugely in recent years and is now estimated to be worth over $100bn per annum in revenue.So it is no surprise to see that with the concurrent growth in the world of cryptocurrency, the two have come together in a new ICO called Asura Coin.It is aiming to be a fully self-sustaining eSports platform with everything from community-led events to tournament hosting, live streaming and betting all in one place.Below we will take a look at what Asura is all about, how it will work and the details of the ICO.

What Asura Coin is All About

The domain of eSports is now massive, with an estimated 300 million viewers worldwide. It is only anticipated to grow further aswell, with an anticipated 500 million viewers by 2020. This has led to big players like Nvidia, Microsoft, Facebook and YouTube wanting to get in on the action and take a slice of the pie.However, many of the current platforms have flaws and issues that a blockchain-based solution could solve and that is exactly what Asura is aiming to do. In essence its main features will be:-

  • eSports 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.
  • Live Steaming — users will be able to watch games live and free of charge. Twitch and Chinese portals will be used and replays will be available too.
  • Professional Guides — top gamers will be recruited to provide advice and training via videos and step-by-step guides, so that users can learn the successful strategies and skills of the professionals.
  • 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.
  • 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.
  • 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.

So as you can see, it will be a very comprehensive platform covering a wide variety of facets for e-Sports fans, all executed transparently and accountably on the blockchain.Initially there will be four games on the platform: Counter Strike: Global Operations; Dota 2; King of Glory and League of Legends, with the addition of new games to be voted on by the community.

Rewards on the Asura Platform

There will be a variety of ways that users can earn rewards (i.e. tokens) on the Asura platform. These include:

  • Referrals — users can earn rewards by referring their friends to the Asura platform and both will tokens from the new sign-up.
  • Betting — users will be able to earn tokens by successfully predicting the outcome of matches or particular aspects of matches, which as stated above will include bespoke bets users can create themselves.
  • Hosting Tournaments — by hosting tournaments on the platform users can also earn tokens.
  • Community Rewards — those will contribute to the community by producing quality content or helping to ensure its smooth functioning will be rewarded with tokens.
  • Professional guides — professional players can also earn tokens by producing special step-by-step guides for users of all levels to use.
  • Winning Tournaments — finally, players can of course earn tokens by winning tournaments hosted on the platform.

With all these ways to potentially earn tokens, this should ensure a continuing engagement in the platform from users and contribute to its growth. 

  Live streaming and viewers of competitive & non-competitive with Esports Gambling have developed significantly in recent times. There has been a progress in how we see content and specially, the content we see in the field of online and offline gaming. There has been a wide development in the viewership of this Esports games. 

 One of the primarily Esports events took place at Harvard UNI on Oct, 1972. At that time, the viewership was only below 1000 people. In comparison, in viewership for the DOTA 2 in Aug, 2011 was more than 1.4 million people. It was the very first live streamed tournament in the history of Esprots. 

  The development of the internet viewership has increased the fame of internet streaming sites. For example, Twitch TeleVision has fifteen million viewer ships. It's estimated that every person on the website spends at least 90-100 Min of content. A study report, which as described by NEWZOO showed that the Esports games managed to get over 325 million viewership in 2016! Of this number, 165 million consider themselves Esports enthusiasts and the other half is causal audiences.
 

 One more report NEWZOO showed that in 2017, there were more than two billion live gamers worldwide. The sector managed to make 101 billion USD. Thus wide development in income has led great sponsorship deals from entire areas of the line. It includes hardware developers, such as NVIDIA and AMD and software developers such as MICROSOFT. Even media kings like YouTube and Facebook offer sponsorship deals. 

 ASURA COIN Platform Overview

The ASURA world platform is making ASA coin, an NEP 5 token apply on ASURA world network, powered by NEO. By leveraging the applying of NEO block-chain tech, the safety of the ASURA platform is enhanced considerably over the usual centralized structure. Modern NEO Block-chain tech will enable for faster deals and remarkable scalability than presently possible with same block-chains. 

 The ASURA platform initially on the gambling of 4 major Esports games:• DOTA 2
• CS: GO (Counter Strike Global Operations)
• LOL (League of Legends)
• Kings of Glory 

ASURA platform will comprise of 4 main sections:

Esports Gambling 

 • Community gambling: plans under community center, as an incentive for digits to think artistically and contribute often, ASURA platform will prize the winning consumer submission with ASURA coins. Voters themselves might also pleased with community ranks, easily by contributing regularly. Underneath, is an instance of the community voted wager: this particular wager is on which team will be the initial 2 buying in a game product, brown boots. The consumers who pick the ideal team win the wager. 

 • Unique gambling rules: these will relate to new kind of bet that more Game style-focused, Esports focused and random than usual platforms. 

 • Every commission made via the wining is circulated back to the contributors or community to the monthly even prize pool 

 Community Player Matchmaking and Event Hosting

ASURA world platform consumers can take the platform and host their own 1v1 or 5v5 competition. To keep fairness both sides will agree on prearranged competition terms (match conditions, game and amount staked) 

 Community competitions: 

 • ASURA platform will eliminate the pressure and obstacles for little contest organizers, with an inherent community competition platform. 

 • Capability to host round robin and group rounds for both 1v1 and 5v5 competitions. 

 • Organizers only log in to ASURA platform, tap on Community Matchmaking button, and pick Community Tournament. 

 • The planner will then get to decide their competition style, number of teams participates in the event, winning distribution, total prize pool, commencement times, and some other little details, to make sure an easily operating tournament 

 • Members will pay ASA coin (fee) to run competitions on the ASURA platform 

 World Tournaments:

• every month, the community will be given the option to vote for their much-loved game. ASURA World platform will host an internal event at the end of each month for the game with the top votes, with participating teams paying tiny entry charges in ASA Coins 

 Discussion Forums:  made for users to share ideas, socialize, and have an excellent time.• General
• Gameplay Discussions
• Humorous
• Match Discussions
• Tips and Tricks 

 How does joiner get ASA Coins?

In an all in one system like ASURA platform, you can earn revenue ASA coin from lot of activities which might already be a part of your regular gaming life. Sides of your income are not taken for profit, and entire income stays within the system in order to more development of the system. 

 ASURA platform provides the chance to earn via a number of ways: 

 • Hosting tournaments
• Forum contributions
• Creating tutorials and guides
• ASURA tournaments
• Betting
• Take part in computing resources towards hosting competitions
• Community Matchmaking
• ASURA World platform referral program 

 As a user, you're not bound to single spot to earn ASA tokens. You can mix and match methods to gain that suit you, to suit your gaming way of life. Whether it is via helping others directly, or hosting events, you're rewarded for offering value to the system. ASURA platform Coin holders can gamble, reward, stake, pay, and earn within the system. ASURA World goals to unite the worldwide Esports community by incentivizing consumers to just be kind and helpful towards any others! 

 ASURA World platform will drive viewers to the system by providing Live Streaming via their joint venture with Twitch TV and very soon contribution with chushou.tv in China to live stream KOG (King Of Glory). 

 ROAD MAP

 Asura Coin ICO

• Token: ASA
• Price: 1 ASA = 0.02 USD
• Bonus: Available
• Hard cap: 12,000,000 USD
• Whitelist/KYC: KYC & Whitelist
• Bounty: Available
• Minimum investment: 1 NEO
• Accepting: NEO
• Platform: NEO
• Restricted areas: USA, China
• Country: New Zealand 

 Conclusion

Asura Coin is a well thought-out project and the Whitepaper is refreshingly clear about how the platform will work and what their goals are.eSports is a fast growing space and now has a huge following, which is only expected to grow over the coming years. Gaining just a small share of that huge market would make Asura a big success.The concept is good and we can see that if they are able to attract enough players to the platform, they should be able to achieve their goal of it becoming self-sustaining and achieving a lot of organic growth. 

 For further info related to Asura Coin visit the below links:

• Website: https://asuracoin.io
• Whitepaper: https://asuracoin.io/whitepaper.pdf
• Twitter: https://twitter.com/asuracoin
• Facebook: https://facebook.com/asuracoin
• Reddit: https://www.reddit.com/r/AsuraCoin
• Telegram: https://t.me/asuracoin 

Author : $crypto$
ETH : 0xC6F915eDAf2656742D8E692FB45E88734B3dbbbb 

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