Online games have become popular a few decades ago. It leads more people to keep playing the game no matter how old they are. Even their hobbies in playing online video games lead to the arrival of the biggest esports organization.
Basically, esport is the kind of competition where professional gamers take part in playing video games. The video games are typically the ones allowing multiplayer to join in online. This online game competition is not just for fun but has turned into a sporting business.
The Establishment of biggest esport organization
The esport which is the shortened form of electronic sport involves professional players who can play video games as a team or individual in a competition. According to YCP solidiance research, the development of esport management goes rapidly.
The sporting game industry involving sponsors, investors, and advertisers supports the rise of esport competition. That is why professional gamers play online video games not only for fun but also for money.
Usually, the esport organization holds video games tournaments at venues. The esport league tournament enables spectators to watch the game players participating in this tournament through live streaming. No wonder if the esport event and video games gain extensive popularity.
Revenue in Esport organization
If you wonder how the esport organization holds a wide-ranging video game tournament where the winner can make money, then you need to think about parties involved in the esport industry. The more investors, advertisers and sponsors, the more revenue they can obtain.
There are several channels of revenue that keeps the esport organization growing bigger. One of them is sponsorship.
The brand sponsor becomes an essential channel of annual revenue. Advertising becomes a revenue key for online video games.
The video games tournament that you hold through live streaming and interesting content related to video games will increase advertising as well. Aside from that, the biggest esport organization can make money from selling merchandise.
Another revenue channel that esport organizations can obtain is from winning tournaments. The video game players work together as a team to win every battle in a tournament.
For live tournaments, the esport organization can earn income from ticket sales and broadcasting rights.
Categories of Esport
Esport comes into several categories in which players can show their skill in distinctive tournaments. One of the famous video games category is player versus player gaming. It is kind of a game where a player controls a character in a game and fights against another player in a different character.
The first-person shooter is a game focusing on a character’s perspective in a virtual world and it enables more players to compete with each other to be a winner. Multiplayer online battle arena or Moba requires cooperation from each team player to win the game.
Real-time strategy games normally require two players to determine strategy in order to beat the opponent and build the strongest empire as the game goal.
So, playing esport indeed brings advantages for those involved in esport organization. More events or tournaments also prompt the fast-growing pace of the video game industry. However, the professional players become the key in esport organization.