How RIZEX is changing competitive gaming

Giorgi Tskhovrebadze
May 5 · 2 min read

Gaming and Esports Industries are growing exponentially, with over 2 billion gamers and 450 million esports audience, Gaming is more engaging than any other digital outlet like Facebook, Instagram and Snapchat.

Esports Tournaments has an audience of over 450 million people each year, and gets better TV ratings than the Olympics.

While Esports is growing rapidly, it is limited to professional teams and pro players. There is a huge demand for participation but only a few get the chance, because of high barrier for entry. Most teams and players are unable to participate, one of the reasons being financial barrier and lack of opportunities. Esports industry is limited to select few of games, and game developers can’t get enough exposure to monetize their games.

RIZEX is reshaping how Esports work, by opening the industry to all gamers and developers, and with decentralization, offers a safe and efficient method of organizing tournaments.

RIZEX will work on TRON blockchain, which will facilitate secure, ultra fast transactions and be the foundation of the platform.

RIZEX (RZX) is the official cryptocurrency of the platform, designed specifically for gamers’ needs. RZX will be used on the platform for tournament entry fees, prizes, and for payouts to the developers.

Gamers will be able to participate in daily tournaments by paying a small entry fee, or host a tournament and take profit from the tournaments’ prize pools.

Developers will be able to publish their games on the platform, which gives them not only the option to monetize, but to acquire playerbase and introduce their games in the esports ecosystem.

Apart from regular tournaments, the platform will partner up with international brands and organize grand tournaments, which serve 2 things:

  1. Popularization of the Esports industry. The Grand Tournaments will drive brands to get involved in the fast-growing space. Media coverage will increase awareness.
  2. The Grand Tournaments will give regular gamers a chance to get recognized in the space and win prizes.

Here are some of the international brands that are already involved in esports:

RIZEX will combine casual & competitive gaming, and become the all-in-one space for gamers, with RZX token being the global currency for esports.

Visit our website:

Our Telegram:

Welcome to a place where words matter. On Medium, smart voices and original ideas take center stage - with no ads in sight. Watch
Follow all the topics you care about, and we’ll deliver the best stories for you to your homepage and inbox. Explore
Get unlimited access to the best stories on Medium — and support writers while you’re at it. Just $5/month. Upgrade