EloPlay, the eSports platform that allows players to organize and participate in tournaments with decentralized prize pools, has announced its upcoming token sale to raise funds for the integration of additional blockchain-based features.
Why eSports Needs EloPlay
Competitive video gaming, better known as eSports, is an industry that is increasing in popularity at an astronomical rate. This year alone, the breakout sport has amassed a worldwide audience of over 400 million and estimated earnings of over $695 million. In fact, eSports have become so popular that they have already been added to the 2022 Asian Games and are even being considered for inclusion in the 2024 Olympics.
With all of its popularity, it can be easy to overlook eSports’ biggest shortcoming. Global brands and game developers conduct major tournaments with million dollar prize pools yet only a handful of professional players can compete for those prizes. It creates an equality gap that leaves millions of amateur players out in the cold with no chance to compete for major prizes.
EloPlay is an eSports platform that aims to bridge that gap by introducing what they call “Smart Tournaments”. Powered by the blockchain, the Smart Tournaments feature allows players to organize and participate …
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