Libes global
3 min readDec 23, 2021

BETTING,GIFTING,NFT, Welcome to Libes

In the past few months, a number of NFT games and metaverse projects have been coming to the market.

With the rise of Axie infinity, the concept of “Play to Earn” has become popular.

“Play to Earn” has recently become a buzzword, especially in English-speaking countries.

Undeniably, it is a new way of thinking and in the post-pandemic world, it is changing the way we view work.

However, despite the fact that gaming is a huge industry with annual revenues of about $200 billion, only a few players have been able to monetize it.

This situation indicates that the potential of e-sports has not been fully realized.

Overview

It has always been clear to the Libes team that an innovative e-sports platform is what the market has been waiting for.

It solves a major problem that we see with e-sports market participants.

The current esports market is mostly capitalized by corporate sponsors, and esports players can only engage in limited economic activities, such as winning prize money in company-sponsored tournaments and serving as corporate sponsors as billboards.

Some players use personal distribution platforms to receive social tipping, but they feel that the hurdle to monetization is high due to the high fees charged for social tipping.

Libes esports’ solution to these problems is as follows.

With the Libes esports platform, players will be able to take part in a completely different way from traditional economic activities, as they will be able to receive revenue from the following three functions.

1.Betting
Users can bet on the winner of a match.

80% of the betting money will be returned to the user, 15% will go to the winning player, and 5% will go to operating expenses.

2.Gifting
Users can give directly to players.

The fee for the player to receive the gift is 0%. The commission is cheaper than other distribution platforms, so we expect players to send their customers to Libes.

3.NFT
Selectors may exhibit their own NFT products.

If purchased, the amount will be split 70% for the player and 30% for the Lions.Merchandise can include trading cards of the players, the right to play games with the players, and many other items.

We believe that the Libes esports platform will revolutionize the esports market and take the gaming market to new heights by enabling P2P transactions between players and users with cutting-edge blockchain technology!

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