E-Sports, Blockchain, And DApps

By Taygun Dogan on ALTCOIN MAGAZINE

Published in

The Capital

7 min readSep 19, 2019

Although the older generation is against it and cannot accept it, e-sport is growing with a very fast acceleration. People are still debating whether e-sports is a sport. But e-sport has already shown that it has the potential to outdo even sports.

Because now we live in a different world, in the age of technology. Even when our money was digitized, sports could not be expected to not digitize. Relationships, happiness, sadness, writing, and so on, now live in the digital world.

But e-sports has a much older story than all this. The history of the first digital game goes back 50 years. Starting with very simple games, this sector now offers many options for augmented reality games. Millions of people all over the world are playing these games. Countries, sports teams are investing in e-sports. Players work out all day long in the sports facilities created for them. Not only the players, but the chef, content producer, manager, club owner, thousands of people work in the team.

In the table below, the point where e-sports are coming and the future may look much better.

It is foreseen that in 5 years from 2015 to 2020, e-sports revenues will increase by 10 times and the number of audiences will increase by 3 times. The accuracy of these statistics seems to be true at a time when we are close to entering 2020.

In the table below, we have much more powerful data: The prize for the World Cup of Fortnite, the e-sports game, has more prize pools than most prestigious sports competitions such as Wimbledon and Tour de France. These figures show how serious e-sports are and will be much more serious in the future. These prize rates and the number of games will increase exponentially. InBesidesthe world’s leading sports teams will continue to invest in e-sport. While digital games are scorching the world, the e-sports market will expand continuously and become unstoppable.

It is an inevitable end for everyone to destroy the traditional methods behind digital money in their digital games. So today, investing in e-sports and digital money would be a very smart investment.

Blockchain And dApps

The combination of Blockchain technology and games can give interesting results. This is because the blockchain has an excellent impact on the emergence and maintenance of dApps. The ability of Blockchain to show cloud service and be used in dApps architecture makes blockchain much more special for dApps. That’s why blockchain and dApps are in a close relationship. Particularly thanks to the ability to store game data in the blockchain, the presence of smart contracts and the science of cryptography, online games are perfectly matched to the blockchain ecosystem.

That’s why more and more dApps are emerging. Here are a few statistics about dApps:

Especially in the Ethereum network, there are close to 3 thousand dApps, daily users and transactions through these dApps are constantly increasing.

These dApps can be in Finance, Wallet, Gaming, Gambling, Social Media, Security, Exchange and many more. It is easy to use, data can be stored in the blockchain, decentralized for many reasons such as people’s interest in dApps is increasing day by day.

Here is a graph of the increase in dApps since April:

Ethereum

Ethereum is unique in that it attempts to wield the blockchain as a way to correct what its designers believe is a problematic part of the internet’s design.

It’s like a “decentralized AppStore” where anyone can publish their unstoppable apps (dapps), which unlike today’s apps (think Gmail or Uber) don’t require a middleman to function or to manage a user’s information.

Dapps connect users and providers directly.

While Ethereum created the forefront of blockchain technology games through CryptoKitties, it also showed that scalability was a factor against the growth boom of decentralized applications in general, and especially video games.

Ethereum measurability issues are quite disappointing for gaming technology. As mentioned before, it is quite unsuccessful, especially for video games. Ethereum’s consensus algorithm and structure do not seem sustainable in terms of both cryptocurrency games and blockchain games.

EOS

There’s an endless war fought for the attention of blockchain developers. Projects like Ethereum and EOS all push their different visions of the tech, often with attempts to define success by how many dapps each network supports, and how big their userbases are.

Well, over the past few months, cryptocurrency gamblers have left Ethereum’s gambling dapps en masse, with data showing they’re now betting on casino dapps hosted by rival blockchains and EOS Network hack news.

In addition, serious questions have arisen regarding the security of the EOS network with the incident that took place last week.

A million-dollar EOS gambling dApp suffered a major blow, just days after declaring itself to be the safest of its kind. Hackers have taken 40,000 EOS ($200,000) from the operating wallet of EOSBet by exploiting vulnerabilities in its smart contracts.

70% of the dApps are built gambling in EOS-chain, and the fact that EOS gives a very serious deficit in this way raises the question of how much we can trust EOS?

So what is the best platform for dApps? Although there are thousands of dApps on the Ethereum network, there are serious doubts that the Ethereum network is sustainable. Especially the low TPS rates for the Ethereum network are a big question mark. The EOS network also has a good TPS rate, but not enough.

That’s why we need a new and much more powerful blockchain infrastructure.

FLETA — A New Decentralized Blockchain World For dApps

FLETA’s main mission is to create a platform that allows the development of DApps in the simplest and most optimal way. FLETA’s use of innovative advanced technology will bring the platform enhanced efficiency as well as independence for DApp developers. Additionally, FLETA is able to provide infinite scalability while increasing transaction speed and lowering development costs. DApps on the FLETA’s network are totally independent and benefit from a lot of freedom.

FLETA’s DApps will have the ability to issue their own tokens on an independent token chain, also called a sub-chain. The developers have full control over their DApps as well as the tokens created and can easily customize the mining rewards, the consensus protocol, and others without the need of a fork or any kind of update that would disrupt the network.

Scalability is certainly one of the most important features when it comes to a DApp. A lot of systems have been invented to deal with the scalability issues, FLETA uses a system where each DApp subchain operates its own chain, it’s independent of the mainchain and can scale infinitely. Each one of these independent chains has its own Formulators and Observer nodes.

In the case of FLETA, it utilizes its advanced technologies to solve the problem; Multi-chain structure, parallel sharding, block redesign, and LEVEL Tree Validation are FLETA’s technologies that can be solutions of scalability issue; they help an unlimited number of DApps operate on FLETA chain with fast speed of 20,000 TPS.

Fleta also claims to release a new Casino and Puzzle game soon. After seeing the games, we will see if they can achieve what they claim.