Era7 unveils first champion of World Cup Tournament S1
SantosBrat from Russia has earned $15,000 and digital airdrop prizes after prevailing over fellow Web3 esports players RocketMoneyH and SemestaNami in the first season of Era7's World Cup Tournament. The tournament saw thousands of players from around the world enter, but only 1,296 qualified for the playoffs. That 1,296 was later cut down to 128 for the knockout and final rounds, which received over one million views from streaming services and the like as viewers saw the players compete over the $130,000 prize pool. As one of the first competitive TCG events in the Web3 sphere, viewers got to experience the players develop and execute new strategies on the fly like speed pushing, counter-kills and risky baits. This event is just an extension of Era7's design principles, combining Esportsfi and NFT features to create an accessible, competitive experience while maintaining speedy gameplay. The developers claim that Era7's matches only take three minutes to complete, optimizing the experience for mobile players. Era7, which launched six months ago, has been ranked as one of the top BNB Chain projects for its long-term sustainability using esports and strategic gameplay. Using its position as one of blockchain gaming's most popular esports games, Era7 is planning to "promote the ecological construction of Esportsfi," continue to innovate within the Web3 esports field and build a long-term competitive format for its game. Era7's esports developments and ecosystem Era7 has also been implementing improvements to competitive tournaments. While many esports tournaments, such as Dota 2's The International, utilize a crowdfunding model to form the prize pool, Era7 determines the prize pool by digital asset placement. The main benefit this has over crowdfunding is ensuring adding revenue sources for all players and increasing the stability of the prize pool. Players can know precisely how much they will earn for placing at an event and will be more motivated, wrote Era7 in a press release. Players can generate value and have opportunities to optimize and innovate their decks by just playing the game as well as learning from others by viewing the decks of top players. Era7 also has a working in-game marketplace and uses a play-to-earn mechanic, allowing competitive players can easily trade for specific cards and earn cash rewards over time. This system enables any player, regardless of financial means, to compete and learn over time. "Era7 establishes an immersive gaming experience with a complete, closed-loop economic ecosystem on which players can earn real money and cash out as and when they choose. Because of this, we have millions of esports users around the world, ready, waiting and excited for the launch of the game," wrote Era7 in its whitepaper. The game has also dedicated itself to growing larger every year through partnerships and ecosystem development. Partnering with NFT marketplace Element, Era7 will host six to eight seasons of the World Cup Tournament every year. The company expects the competitive prize pool to reach $5 million by 2023, giving competitive players great incentives to compete and develop the game's strategies to find an edge over their opponents.
The World of Gaming online
Take a closer look at online gaming with our guide to this global phenomenon
Gaming online has seen a massive increase in popularity over the last few years, largely down to the way that mobile phone technology has developed. The numbers of people who play online games has risen massively. Almost everyone you know, including people over the age of 40 who are not necessarily the first people who spring to mind when you mention online computer games, will have played some form of online game in the last few weeks.
This has been partly due to social media, of course, which provides accessible platforms where almost anyone can find games to play that suit their lifestyle and interests. Sports games have become very popular, while we have all heard about games like Candy Crush.
Other types of online computer games remain very popular with younger people who like to play online games. Massive multi-player online games, often referred to as ‘MMOs’, remain hugely popular. World of Warcraft, for example, has become a cultural phenomenon that extends far beyond people’s computer screens or gaming mobile phones and has spawned books, a movie and other cultural products.
Here, we will take a closer look at the world of gaming online and at some of the gaming trends associated with it.
What is gaming online and how do you get started?
Even if you have no interest at all in the digital world or technology, the chances are pretty high that you will have heard of online gaming. It is, of course the act of playing games on the internet. There is tremendous variety in the number and types of games that you can play online nowadays, though. From retro arcade games, to intellectual puzzles, to role playing games, to traditional board games like Scrabble, you really can play almost anything you want online these days.
According to Juniper Research’s published white paper, the numbers of people who now play online games regularly is huge. The Newzoo 2018 Global Games Market Forecast stated that mobile gaming and mobile games has been raising online casino revenue. The proportion rose from 18% in 2012 to 51% by 2018. The Newzoo report also predicted that this trend will continue, and it expected gaming online to contribute up to 59% by 2021.
There are also significant geographical trends in the world of online gaming. In November 2018, China made up almost 28% of global mobile gaming revenue, according to tech website iWeb. Japan is another country which makes a massive contribution to the wealth generated by gaming online. A big role in this is played by the way that gamers in Asia have moved away from their computer screens in recent years and started to use gaming mobile phones.
Online gaming and esports betting
It is possible now to pick up skins during online gaming which can be used to bet on esports. Skins are items that improve the cosmetic appearance of your character in some online games. They do not usually have any effect on the actual gaming performance of the character. They are a particular feature of games like Counter Strike: Global Offensive and Defense of the Ancients 2.
Gamers soon found another use for these skins as competitive esports grew in popularity over the last decade. As esports became more popular, increasing numbers of people wanted to bet on the matches and events for games like CS:GO, Dota2 and the International tournament.
While the betting companies were lagging behind demand, many gamers started betting using the skins that they had collected from their own gaming activities. This allowed gamers to use their skins as a kind of cryptocurrency for betting.
It is also possible to sell skins for real money, something that means successful esports skins bettors can actually make some genuine profit from their betting. It will be interesting to see how the concept of skin betting develops in the online computer games world in the years to come.
While we have not been able to cover the entire vast breadth of the topic of gaming online in this article, you now have a snapshot picture of this vast phenomenon. As 5G technology develops and becomes more widespread, we are sure to see more new and exciting developments in the world of online gaming. More powerful, faster gaming mobile phones are sure to arrive on the market too.
As the number of games to play increases new gaming trends are sure to emerge in the years to come, especially with the advent of 5G. Concepts such as virtual reality are sure to have an impact too, especially on the world of esports and esports betting. It is an interesting time to be alive for all fans of online gaming across the world!
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