Even before Epic Games announced that it would be putting up $100 million for prize pools in the 2018–2019 esports season for Fortnite competitions, esports has been experiencing massive growth across the board. This big investment by Epic back in May only reinforced the notion that esports is becoming a lucrative opportunity that is generating wide interest from advertisers, media companies, and all manner of marketers eager to access a growing global market of esports enthusiasts.
Esports Market Overview
Revenue for esports in 2017 has been reported at $660 million with conservative growth estimates predicting growth to $1.5 billion by the year 2020. China represents the largest and fastest-growing market with over $32 million in revenues and 183 million gamers utilizing mobile devices.
While Epic’s $100 million infusion of prize money raises the stakes and opportunities for players to cash in, new investment of capital from outside traditional gaming/esports signals that the industry is poised to go mainstream and compete with traditional sports powerhouses the likes of FIFA, NBA, and NFL.
With 191 million mobile gamers in the United States and market revenues of $25 million, many advertisers and brands are eager to put themselves in a position to access a growing, global audience. Many technologies and media companies view esports as a golden opportunity to leverage the convergence of entertainment, gaming, and media streaming.
With a global audience now approaching 400 million, the challenge is to improve the monetization per fan. Presently this represents a huge opportunity in the esports market as spending per fan was a paltry $0.33 USD. Worldwide, basketball generates $15 per fan and all sports together generate $54 per fan. Esports has nowhere to go but up as interested parties figure out the proper way generate and capture more spending by fans.
DreamTeam Esports Platform
Historically, esports has had a fairly fractured landscape with players navigating a multitude of websites to keep up with the latest developments around the games they were interested in. There have been numerous attempts to create gamer ecosystems for people to find and join teams. But the vast majority of them have been an amateur effort and even the top sites managed to offer only a limited experience where users were unable to have all their needs met: to manage their teams, recruit players, find coaches and more. Among them are TeamFind, OG.GG, Seekteam that have been around for a few years.
In the absence of a truly comprehensive platform, such platforms were able to do a relatively decent job of attracting and retaining players for games like CS:GO and League of Legends. But with the hundreds of millions of potential users in the mix and increased growth, there is a renewed interested in building a bigger and better ecosystem and creating an all-in-one platform for the esports community.
DreamTeam is that kind of an all-in-one platform. In just six months, DreamTeam has built the most liquid recruitment marketplace on the planet, bigger than all other esports recruitment platforms combined, having reached 800k users and continuing to grow fast.
DreamTeam has partnered with and sponsored professional teams like NaVi and Fnatic as well as esports organizations ESL and SK Gaming. These activities along with being involved in popular tournament series such as StarLadder and StarSeries i-League Season 4 and 5 and recent sponsorship of FACEIT London Major have propelled DreamTeam into a dominant position in the industry and has helped us to triple our user base in a matter of months.
Esports and Blockchain
With plans to add new games, advanced team-management tools as well as unique coaching and analytics modules, we are well positioned to take advantage of the new-found enthusiasm and continued growth of the esports industry. And with the introduction of the DreamTeam Token our platform is leveraging blockchain technology to bring together a global audience that transcends traditional borders and currencies.
At the end of June, we’ve announced our first paid feature on the platform — Boosters that help to find the best esports teammates easier and faster. In July we’ve also introduced Team vs Team practice game capabilities for CS:GO and LoL teams that have been met with strong enthusiasm with 1500 practice games initiated on the platform in the first weeks. With an aggressive roadmap of additional advanced features planned, DreamTeam has assembled a strong technical team and is well positioned to solidify their leadership position in the esports industry.
The 2018 box office hit directed by Steven Spielberg, Ready Player One depicted a futuristic world based on a society immersed in a virtual gaming environment. Perhaps we are witnessing a significant step in that direction in our current society as esports begins to go mainstream and the lines between reality and gaming continue to be blurred by advanced technology.
DreamTeam — infrastructure platform and payment gateway for esports and gaming.
DreamTeam is the ultimate teambuilding and skill-growing platform that solves problems for hundreds of millions of gamers who want to find teammates, improve skills, manage teams, and earn money. And with the unlocking of blockchain and smart contract technologies, DreamTeam gives esports enthusiasts an opportunity to earn money by building a one-of-a-kind payment gateway for players, teams, tournaments, and sponsors.