In a huge move into gaming, Verasity expanded its GameStore tournament model to major eSports games. Verasity added the functionality of private, public and third party tournaments for major eSports games. CS:GO tournaments can now be launched from Verasity’s Esports Fight Club and will add other major league games in Q3 & Q4 (League of Legends and others). Players will be able to invite others to play in private or public tournaments for entry fee funded Jackpots. Sponsors will be able to launch tournaments with or without pro players.
Pro Players Launch the Platform
With permission from Steam (Valve), Esports Fight Club provides CS:GO worldwide Tournaments with Jackpots funded by entry fees or sponsors. Our first round of tournaments began on June 29th with tournaments in Asia, Europe and Northern America. We had global stars: xccurate, the number one player in Asia; the mighty NBK, considered by many as the greatest player of CS:GO and the Kingmaker of the French team; and Nifty for North America. These pro players tweeted and streamed many times to their 2M fans about the Verasity launch creating brand awareness.
Bitmart Exchange sponsored the launch events together with Verasity which brought substantial awareness to Bitmart & Verasity. Instead of a simple airdrop, Bitmart got the benefit of millions of Esports fans that are also Crypto fans. Verasity will be rolling this out with other Exchanges interested in expanding their brand awareness to the over 550 million Esports fans that also have an interest in Crypto. Exchanges will be able to sponsor huge Esports events with Pros and amateurs on the Esports Fight Club Tournament platform to get their message across to a much larger audience then the current crypto audience but with an audience that is susceptible or already in the crypto space. Over time, consistent Exchange Esports Tournament sponsorships will educate non crypto Esport fans into crypto enthusiasts, thereby expanding their Exchange user base significantly as well as that of Verasity’s. This is entirely unique to Verasity’s model.
Verasity is now in discussions with Exchanges eager to exploit this strategy. In particular Verasity will be hosting a large Pro CS:GO Tournament with a Tier 1 Exchange in Q3 open to all amateurs but playing world class Pros. We will build on these tournaments for mass adoption by hosting them with significant sponsors monthly.
Verasity Esports Management
Verasity has expanded its management team to include top people from the Esports field including former ESL managers and marketing personnel. As the Esports Fight Club site is upgraded (see below) to accommodate mass adoption, our team is now in a position ramp up usage.
Esports Fight Club is in discussions with large agencies that represent the best Esports Pros and teams in all the major games to play on the Esports Fight Club platform against amateurs. Partnerships will be announced soon.
Compatibility with Riot, Blizzard, Steam
The large game developers now have strict guidelines with respect to API game licenses that Esports Fight Club is following. We are expanding on the Steam license and these features are included in the features roadmap below.
Adding Esports Games to the Platform
Over the next two quarters Esports Fight Club will add major Esports games as well as games that are regional specific. The goal is to provide the majors but with local games that are up and coming and large in specific regions.
Esports Fight Club site features
After the beta launch and with feedback from the Pros and our new Esports management team, Esports Fight Club is being updated to include important features that will make it the go-to Tournaments site in the industry and available for adoption by crypto and non crypto audiences:
- Fiat subscription and entry fees as well as crypto via VeraWallet
- Bonus and Loyalty points
- Double Elimination with Loser Bracket
- Round Robin Tournaments for any game
- Automation of game server usage
- Custom headers, game logos
- Tournament Sponsors
- VOD recordings
- SMS notifications
- Ability for single players to find same level matches/tournaments
- Marketplace for gamers on the platform
- Referrals and affiliates
- Streaming features with the Verasity adstack
- Proof of View support for the Verasity adstack
These features will be further updated by our new Esports Management Team who are intent on creating the best platform worldwide for any game player.
We will roll this out across Q3 & Q4. With credit card functionality built into the Esports Fight Club site as well as VeraWallet for on-ramp and off-ramp, non crypto users will be able to seamlessly participate in USD valued Verasity tokens (VRA) without the need to understand crypto. We are opening this up to the whole world. This will contribute to the organic demand from Verasity tokens worldwide.
The Rise of Esports
As most of you know physical sports venues are closed and unlikely to be reopened globally until there is a vaccine for Covid. In the meantime Esports have massively exploded as the only alternative. The numbers below are now considered conservative.
In 2018 there were 380 million viewers of esports, and this figure is set to rocket to 557 million viewers by 2021!
CS:GO is one of the “big 3” leading games in competitive global esports. It’s fast-paced, strategic and has 9 years of popularity, which reached a crazy peak of over 1.3 million concurrent players in April.
REWARDS BASED PLATFORM FOR ESPORTS, GAMING AND VIDEO ENTERTAINMENT
Verasity is a leading company providing proprietary technology, uniquely rewarding gamers, viewers and publishers.
- The first platform to provide user-generated esports and casual gaming jackpot tournaments supported by both Fiat & Digital Tokens.
- Video gaming content monetized by Verasity Ad Stack and Proof of View (PoV)
- Enables tokenized rewards (VRA) as well as loyalty schemes within the video player VeraWallet
- Supports over 2 million video publishers with our SDK products (overlay on video players) to increase engagement and revenues by 35%. See example publishers and videos here.
Verasity revenue streams include:
Game subscriptions, jackpot revenue rake, betting revenue rake and video ad revenues. Read about the tokenomics, forecast, buy back and burn here.
📈 Find where VRA (ticker) is trading on CoinMarketCap
VRA can be staked for 36.5% annual interest at https://verawallet.tv.
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