SkillzVault Gaming Talent Show: a bridge between pros and amateurs
Esports gives many people what they desire: money and entertainment. But for those taking their first steps in this business, breaking out as professionals may be challenging. So, the industry sets up competitive spaces that bring together pros and amateurs. Now, get ready for SkillzVault — a talent show created by Bitcoin Vault in partnership with ESE Entertainment.
Let’s start with a story. It’s about a boy named Brian and his passion for soccer.
His mom enrolls him in the local sports club. Over time, he joins a class with a sports profile. He trains a lot and develops his skills.
If he is talented, he will get the chance to compete with professional players.
Will he be as successful as Messi or Neymar? It is difficult to say because not everything depends on him. But he has a clear path that he can follow if he wants to become a pro.
This is how it looks in traditional sports. In esports, the story is more complicated.
Highly competitive sector
There are amateur leagues or special programs at schools and universities for those who want to enter the professional world of sports. But the transition from an amateur to a pro is not like going on a slide. It’s more like squeezing oneself through a bottleneck.
There are no drafts in esports. Here, what matters the most is getting a high rank and gaining a reputation in the community. There is so much competition that some people are likely to be discouraged and give up.
Others fight as hard as they can because they know how much they can gain.
Why go into professional esports?
Esports is on the rise. There is no question about that. You can tell it on the grounds of viewership. According to Newzoo, a source of market research for games and esports, there were 220.5 million occasional viewers and 215.4 million devoted esports fans in 2020. This group constantly grows.
As in other disciplines, when something attracts attention, there are immediate partners, brands, and companies that want to put the money out on the table. And the result is a staggering amount of revenue. In 2020, it was around USD 947 million.
Newzoo’s predictions for 2021 are even more promising. If the winds are favorable, global entities involved in esports will earn USD 1.084 billion.
Revenues in esports can make your head spin.
But here’s the kicker: players can also earn for participating in tournaments.
What can players get?
In 2019, 28,336 active players took part in 5,591 events. The total prize money was USD 236 million.
The average earnings per player were USD 9,000, and the median level was USD 700.
In 2020, due to the COVID pandemic, organizers reduced the number of tournaments to 4,478. The prize money dropped to USD 119.5 million.
There were 24,231 active players, so each player’s average earnings were around USD 5,000. Additionally, their median earnings were USD 582 per player.
Humble beginnings of esports
Esports is an immense industry. But it wasn’t always like that. Before esports became a global entertainment, it had to find a way to exit the dungeon of obscurity and anonymity.
The first video game was created in 1947. More than a decade later, in 1958, the first competitive gameplay took place.
The 1960s saw the introduction of themed games. The first ideas about setting up tournaments emerged. But it took ten more years before gameplays went global.
The 1980s were a time when game modes were introduced, and players started to gain recognition.
The 1990s were a milestone. It was then that the internet began to flourish. Players were torn between PC games (Doom, Quake, Unreal Tournament) and consoles (Super Mario Bros, Tetris, Sonic) provided by companies like Nintendo and SEGA.
At the dawn of the new millennium, a technological boom took esports to a new level. The first tournaments at that time had prize pools above USD 1 million!
The 2010s were the golden age of streaming. Twitch platform appeared, where esports fans could watch games featuring their favorite teams. Esports entered the mainstream. The number of streamers exceeded tens of millions. Big brands started to be interested in what was happening in that industry.
Next step: a level playing field
Today, the evolution of esports is gaining momentum. It has become entertainment that can be compared to television.
But the industry also has to face challenges. And one of them is fair access for skilled people who want to play a part in the professional field of esports.
SkillzVault aims to connect the amateurs and the experts. It’s a gaming talent show created in partnership between Bitcoin Vault (BTCV) and ESE Entertainment.
Early in May 2021, both parties announced content production for a gaming and esports talent show. We now know more details. The event will run from July 28 to November 21 in five countries: Brazil, China, Japan, South Korea, and Vietnam.
Gamers will take part in one of the two fastest-growing games in the industry: Peacekeeper Elite and PlayerUnknown’s Battlegrounds. Viewers will be able to experience the excitement through live streaming on the SkillzVault Twitch profile.
The aim here is to build a bridge between skilled gaming enthusiasts and the most influential and accomplished players in esports. Influencers will play a significant role as coaches for amateur participants.
Another strong point of the SkillzVault talent show is the contribution of Bitcoin Vault. BTCV is about to provide NFTs at airnfts.com, which is a marketplace built on Binance Smart Chain.
For clarity, NFTs are tokens that are so valuable that they can’t be exchanged for other goods. An NFT is like a valuable painting that only exists in a single copy.
Key takeaways
Esports has huge potential. Some people come here as casual observers, while others wish to anchor as professional players.
How many of them will succeed? No fortune-teller can answer that.
But events like SkillzVault provide an opportunity to bridge the gap between the worlds of amateurs and professionals.
For more information about Bitcoin Vault, please visit our website:
and follow BTCV social media:
Telegram: https://t.me/Bitcoin_Vault
Twitter: https://twitter.com/vaultbitcoin
Facebook: https://www.facebook.com/bitcoinvaultofficial
