The Growing Industry of Esports

esports

For people who do not know what esports is, it is a video game competition that is played for money or prestige. These competitions are televised and often distributed for free. While some people consider esports to be an illegitimate, unimportant sport, there are actually many benefits to participating. It requires conceptual thinking, real-time strategy, and hand-eye coordination to succeed. Esports players always compete as a team. Thus, cooperation, sportsmanship, and teamwork are key to success.

esports is a video game played for money and prestige

In today’s increasingly digital world, competitive gaming is a lucrative source of income for prestigious players. Known as esports, competitive video games are played at a professional level, and can be anything from single player and multiplayer games to card and sports games and strategy and fighting games. Many popular esports include tournaments and league play. Most top-level competitions involve professional players, and players compete to earn money and prestige in tournaments and leagues around the world.

It is a global industry

Despite the fact that the esports industry is not a multibillion dollar business, the growth of competitive video games continues to gain attention from brand owners, media outlets, and global investors. In fact, according to the Milken Institute, the professional esports industry generated $660 million in revenue in 2017 and is expected to reach $1 billion by 2019. In addition, 17 colleges now offer athletic scholarships to competitive gamers.

It is televised

It is televised esport of the computer game Counter-Strike, originally a mod for Half-Life (1998). CS is one of the most influential FPS games in history, and has spawned several spin-offs. CS:GO is the most popular esports game, and currently ranks #2 in the total prize pool in 2020. It is currently played by over 14,000 players in more than 5,800 tournaments.

It is distributed on free platforms

Despite being a relatively new concept, esports have already cultivated a strong presence on streaming platforms. The esports industry has been embracing this trend, offering free streaming services and engaging content that draws in younger audiences. Moreover, esports offer advertisers a unique opportunity to sell products directly to active gaming communities. A number of luxury brands have also recognised the commercial value of esports.

It causes cyberbullying

While the majority of cyberbullying in video games occurs offline, it can also take place on the internet. Unfortunately, it is often difficult to identify victims, and many perpetrators go unpunished. In addition to harassment in video games, cyberbullying can also take the form of “griefing,” in which an anonymous player harasses another player to obtain personal information. Parents often do not know what applications their children use, so it is essential to educate them about the different options available to them.