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eSports

The World’s First Ethereum-based eSports Platform Launched

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World’s First Ethereum-based eSports Platform Launched
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The eSports industry has posted a 41% year-on-year market growth, according to the 2017 Newzoo annual report, making it hard to ignore. Similarly, you would be hard-pressed to find a major industry that Blockchain technology isn’t disrupting.  In that light, World of Battles represents the ideal merger between the emerging industries of Blockchain and eSports.

Traditional eSports streaming platforms are rampant with bugs and errors. They come with many shortcomings ranging from streaming interruptions to long waiting periods for processing the betting transactions. Taking advantage of Blockchain technology, World of Battles (WOB)presents innovative solutions that not only provide for enhanced streaming and gaming, but also mitigate the operational risks associated with placing bets. WOB also presents bullet-proof mechanisms for eliminating fraudulent behavior as well as cheating and abuse of its system.

The rundown on WOB

WOB is a decentralized, autonomous Ethereum-based eSports platform that provides an enhanced gaming experience. Utilizing smart contracts, the platform functions independently of third party financial institutions, thus eliminating one major burden. One of its biggest advantages is being publicly verifiable, resulting in increased security through features that significantly reduce the probability of fraud, hacking and embezzlement. Among other things, the platform enables users to place bets and create tournaments.

With more than 450,000 players already registered and projections forecasting the potential for multi-billion dollars in annual earnings, World of Battles’s ambitious development team aims to take hold of 50% market share by September of 2019.

 

Established partnership

The highly experienced development team has already worked on projects like GNOME, OpenVZ and FreeBSD. WOB is also partnered with Civic and one of the biggest livestreaming gaming platforms Twitch. They offer paid opportunities for partner platforms and payments for additional solutions. Any interaction with their partners is by open API. They also have direct direct and personal contact with managers from partner companies.The following is a summary of how they may be able to achieve that.

Giving gamers what they want

In addition to being able to participate in tournaments, online players want to be able to place bets. According to a recent market research report by Eilers on eSports, gambling is set to surpass $23 blln by 2020. Undeniably, demand for betting on online gaming is through the roof.  While the risks associated with placing bets are numerous, they are minimized by integrating Blockchain technology. WOB is built to cater to users’ wagering needs and provides facilitated, fast and secure channels for betting.

WOB has a tournament creation feature which allows users to initiate tournaments between either individuals or teams. The platform hosts large prepared matches complete with standings, the possibility for free-to-play and potential to make tournaments into charitable events. Relying on the Ethereum-Blockchain, the platform will provide uninterrupted and smooth streaming. WOB will also and will eliminate errors that currently exist on traditional platforms which have a high risk of breaking down and disrupting streams.

Security

WOB draws on the characteristics of the Blockchain to ensure safe and verifiable transactions to process bets and distribute rewards. Distributed Ledger Technology (DLT) is well known for countering centralized financial service providers by allowing secure and fast value transfer. Additionally, WOB mitigates fraudulent behavior and prevents any one user from opening multiple accounts — which could be abused to monopolize WOB tokens or to receive more than one jury membership — by requiring ID and contact information as well as enacting a two-factor identification method.  

Match outcome determination

eSports betting is a high-stakes endeavor that is becoming increasingly popular. This makes it ripe for manipulation and fraud. WOB stands out among its peers because it utilizes its decentralized infrastructure to verify match results, ensuring transparency and impartiality. At the core of the platform is an automated decentralized proxy server, called the MULTIWOB, which processes matches and rewards. In addition to curating contests and acting as an interface to process contests and rewards, this software powers the platform’s match outcome verification mechanism.

In a nutshell, this mechanism allows any player to contest the results of their match if they do not agree with it. It involves randomly selected witnesses and jurors weighing in on the result and potentially changing it. Any WOB token holder can register to be a witness or juror so long as they run the MULTIWOB software and they meet certain criteria. To be a witness or a juror, one must be a WOB token holder and register by making a transaction using a smart contract. Two witnesses are randomly selected and their input is registered on the Blockchain, checked by the MULTIWOB software and made publicly available. After this process, the platform honors the result by giving the rightful winner their reward. Witnesses and jurors are also rewarded for their participation.

The weight of a juror’s input is directly proportional to the amount of WOB tokes they own. However, to curb abuse of this role and ensure fairness, the maximum weight on a result is 1%. In this way, members are not discouraged from owning more WOB tokens but are prohibited from swaying results.

The platform utilizes a dynamic compensation mechanism to ensure scalability. The platform mimics the surge pricing mechanism used by ride-sharing applications, by increasing compensation to jurors based on the number of matches and its ratio to the number of witnesses and jury members.

User reputation and global ranking systems

Another measure to mitigate risk of abuse and increase protection is the proposed User Reputation System. Players build their reputation through positive activity on the site, whether in playing or betting. Their ranking on this system determines their privileges, which range from subscriptions to participating in professional tournaments. The MMR-based platform mapping mechanism prioritizes players with a higher reputation rating. The platform sets minimum reputation thresholds and players with higher ranking reputations can play at higher levels and place larger bets.

The global ranking system helps to entice players, heighten competition and reward skill. Higher ranking veterans can even give lessons or mentor rookie players.

ICO and investments  

A large initial investment by the project’s founder was made in 2016 and alpha testing was closed earlier this year. WOB seems like a solid project with real potential. The ICO opens tomorrow October 17th and lasts through mid-November for a total of four weeks. One ETH will buy 1900 WOB tokens in the first week and 1000 WOB tokens by the fourth. During the first hour of ICO the bonus is set at 100% and the team has plans to finish ICO within one hour.

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eSports

WEC24: PUBG MOBILE Tournament Concludes with Outstanding Success

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The PUBG MOBILE tournament at WEC24 has officially wrapped up, delivering three days of competition that exceeded all expectations. With 10 out of 16 teams securing Chicken Dinners throughout the tournament, every map brought its own excitement, with the final rounds determining the champions and medal placements. We saw impressive viewership numbers with 776,454 unique viewers achieving 89,675 hours watched throughout the three days of competition.

On the competitive front, the Indonesian team set a WEC24 record by securing a Chicken Dinner with an astonishing 18 eliminations, packing a remarkable 28-point round. 

Turkey stepped up to claim the title of WEC24 PUBG MOBILE Champions, delivering a fierce, precise performance and seizing the trophy in the final maps, a true champions’ style victory.

Congratulations are also due to Ukraine, who came very close to securing the gold. Consistent and determined to win, they kept fans and their nation on edge until the final rounds, ultimately securing the silver medal. Brazil took home the bronze, showcasing exceptional talent and positioning themselves as strong contenders for future titles.

Igor Nedeski, Esports Manager at IESF, praised the athletes, the tournament’s success, and the ongoing collaboration with Tencent: “The PUBG MOBILE tournaments have been one of the highlights of WEC for years now, and our ongoing collaboration and support from Tencent has played a huge role in its success. Congratulations to the medalists and to all athletes participating for their remarkable WEC24 performance.”

Micah Li, Senior Esports Manager at Tencent,  “Congratulations to Turkey on becoming the WEC24 PUBG MOBILE Champions. We greatly value our partnership with IESF and the success we have achieved together over the years. We look forward to continuing this collaboration and delivering many more exceptional PUBG MOBILE tournaments in the future.”

With the PUBG MOBILE tournament concluded, IESF looks forward to further PUBG MOBILE competitions, as national teams from around the world improve year by year.

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eSports

Mortal cements his name as face of Indian gaming, wins ‘Content Creator of the Year’ at global Esports Awards 2024

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Naman Mathur, popularly known as Mortal, has added another feather to his illustrious cap by winning the coveted ‘Content Creator of the Year’ award at the Global Esports Awards 2024 Part 2 in Los Angeles on Friday. The grand ceremony saw Mortal triumph over globally renowned gamers like Tarik Celik, Ibai Llanos Garatea, and Marc ‘Caedrel’ Lamont, solidifying his stature as India’s biggest gamer.

Mortal’s groundbreaking victory marks a significant milestone not only in his personal journey but also for the Indian gaming community at large. The 27-year-old’s illustrious gaming career boasts numerous accolades, including championship titles in BMPS Season 1 (2022) and the PUBG Mobile Club Open (2019) as an esports athlete. He has amassed over 7 million subscribers on YouTube and more than 5.3 million followers on Instagram through his distinctive and impactful content, making him one of India’s most influential gaming personalities.

Speaking on this remarkable achievement, Naman Mathur aka Mortal, Co-founder, S8UL Esports, stated, “Winning this award is an incredible moment of pride, not just for me but for the entire Indian gaming and esports community. My journey began with a simple passion for gaming, and seeing that passion resonate with millions of people is truly humbling. I hope this achievement inspires more young gamers to chase their dreams and believe that they too can earn global recognition through dedication and hard work. I am deeply grateful to S8UL for being the backbone of my journey. This success is not mine alone- it belongs to every fan, every teammate, and every supporter who believed in me and in the potential of Indian esports.”

This was Mortal’s sixth consecutive nomination at the prestigious awards, a feat achieved by no other Indian gamer. Having been nominated for various categories over the years such as ‘Esports Mobile Player of the Year’, ‘Streamer of the Year’ and ‘Esports Personality of the Year’, Mortal’s victory in this edition is a testament to his immense contribution to growing the esports and gaming content ecosystem in India.

“This award holds a deeply personal meaning for me. Watching Mortal achieve this recognition feels like a shared victory- one that takes me back to where it all began. From the late nights to the sacrifices, every moment has led us here. Together, we’re not just creating history; we’re shaping the future of gaming and esports globally. A victory for him, a milestone for Indian esports!” said Animesh Agarwal aka 8Bit Thug, Co-founder, S8UL Esports.

The Esports Awards is the most prestigious night in esports, dedicated to showcasing top-tier performance and innovation from players, teams, media, hardware providers, games, events, and personalities within the scene.

“When we first started this journey, we had no idea how far it would take us, but we always knew we were in this together. Mortal has always been like a brother to me, and seeing him win this award feels like a personal achievement. For him to be honoured with this accolade today is a reflection of the countless hours, effort and heart we’ve poured into building who we are and what we stand for,” commented Lokesh ‘Goldy’ Jain, Co-founder, S8UL Esports.

Mortal’s achievement reaffirms India’s rise as a formidable force in the global esports and gaming content landscape.

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eSports

The World Esports Summit 2024 Is Here!

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The IESF World Esports Summit returns this December to Busan, South Korea. Hosted at the Busan Esports Arena (BRENA) from December 5-6, the Summit will bring together prominent figures from Esports, global brands, government officials, and sports executives for a deep dive into the current Esports trends, its rapid transformations, and future challenges.

This year’s theme, “Building Bridges, Not Barriers, Through the Power of Esports,” will highlight the role of Esports in uniting cultures, ideas, and industries. Under the slogan “We Empower Success,” the

Summit provides a great platform for Esports experts to engage in meaningful discussions and sessions, sharing their insights on trends and presenting forward-looking ideas for our industry.

The event, strategically timed at the close of the competitive season, presents a perfect environment for reflection on the year’s biggest events, industry shifts, and the next steps for Esports. Attendees can follow the expert’s perspectives on topics like:

  • (R)Evolution in Esports
  • East Meets West
  • Esports Integrity: The Role of Referees
  • The Rise of International Esports Competitions
  • (In Korean) Korea’s Secret Sauce etc.

Also, featured at this year’s event are the IESF World Esports Training Camp and the World Esports Referee Academy.

These are very important IESF programs that are aimed at advancing the skills and professional standards of the next generation of Esports leaders.

Join us in Busan for two days designed to inspire, connect, and empower the international Esports community.

Registration for the World Esports Summit is free and open to all interested attendees.

To register, please complete our online registration form: iesf.formstack.com/forms/wes2024_participation_registration

See you in Busan!

 

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