Not everyone understands what esports is all about so I will begin with a brief summary.
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Esports or otherwise known as electronic sports is an organized competition done via video games among which genres are strategy, multiplayer, battle arena. They are usually played between professional players with larger viewers making bets and stakes. In the last few years, the growth of the esports industry has grown rapidly and in 2017 recorded a revenue of $693M.
The first tournament goes as far back as the 1980s, competitive games has been in existence just as video games, it all started from a group of friends challenging themselves and from then little tournaments began to spring up. Atari, an arcade gaming company held the first video games competition called space invaders in 1980 that was seen by over ten thousand people but it grew and more people picked interest so much that in the 1990s PC gaming was introduced and the tournament migrated from just shooting, sports and arcade gaming to StarCraft and blood wars etc.
Today we have the World Cyber games and Esports World Cup which has been launched as international tournaments.
Why Asura and how does it relate to Esports?
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Asura is an Esports platform that is independent with a focus on the community ecosystem. Asura platform is broken down into;
- Esports betting and tournament live streaming
- Professional guide
- Community matchmaking
- Tournament hosting
- Community center
Esports betting and tournament live streaming
Currently, the amount seen in the esports market has been said to reach the sum of $649 million in 2016 but in the unregulated market, it could have been more than that, making the system to be biased and not transparent. This is why Asura World is creating a betting system that will be done using digital currency, it will create an environment where users will be able to participate in the esport events and make bets on any team they so desire.
How is Asura World esports different from the traditional esports betting?
- Unique betting rules; involving more focus on esports, gamestyle and completely irregular.
- Community-voted bets; participants can make their own betting suggestions unlike the traditional esports betting platform. Rewards will be paid with ASA coins.
In live streaming, Asura will make provision for tournaments to be viewed live for free by simply clicking on a preferred game title and when there is no available game tournament, previous ones can be replayed.
Professional Guide
There will be a provision for an experienced guide to work players, both casual and professionals through the processes, skill building, winning methods and so on instead of downloading outdated video training contents.
Community Matchmaking
Asura World has created an opportunity for platform users to stage their own matches instead of just viewing and betting as it is also everyone's nature to compete and win among themselves. These matches will be preorganized and fee settled with an Asura World Escrow representative to maintain fairness and transparency. The results will be validated and processed by smart contracts.
Tournament Hosting
An opportunity for the community to chose their favourite game will be given and the game with the highest vote will be used in Asura World Esport hosted internally and entry fees will be paid using ASA coins, free to view and strategy will be determined by Asura World.
Community Center
Asura World has a hub where users can interact and share ideas. It has been divided into; general news, match and gameplay discussions, funny stories, arcade mechanism, etc. User can freely socialize using any of these sections.
The Asura coin is a NEP-5 token powered by NEO blockchain technology that would be used on the Asura World Platform for betting, staking, fees payment, rewards and incentives and many more.
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With NEO blockchain backing Asura World transactions will be faster than in most blockchains, there will a steady growth in the value of ASA coin, the platform will be user friendly making more people to be interested in Asura World.
Token details
Total supply :- 1,000,000,000
Available for ico sales :- 65%
Soft cap :- USD2,5,000,000
Hard cap :- USD12,000,000
Ico price :- 1 neo = 5000 ASA
Token distribution
Token sale :- 65%
Betting reserve :- 25%
Team and special advisors :- 10%
The Team
Advisers
Useful links
Website: https://asuracoin.io/
Whitepaper: https://asuracoin.io/whitepaper.pdf
Twitter: https://twitter.com/asuracoin
Telegram: https://t.me/asuracoin
Bounty link: https://bitcointalk.org/index.php?topic=3019383.0
Author: FumBerry
BTT link: https://bitcointalk.org/index.php?action=profile;u=1820253
I love watching online games. And if i can watch them cheap with asura..am game!
Very insightful
Awesome write up
Would there be any form of rewards or incentives such as periodic dividends for token holders?
As an ASA holder, you can get incentives or rewards from staking or betting
Asura has a very potential development market. because 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.