ASURA COIN: DRIVING ESPORTS VALUE THROUGH BLOCKCHAIN

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·@neferpitou·
0.000 HBD
ASURA COIN: DRIVING ESPORTS VALUE THROUGH BLOCKCHAIN
![](https://cdn.steemitimages.com/DQmVnYNEawKBhm6oL5gtuNwPm5TXysUekErC7X2nuK2osS5/image.png)
Image courtesy of After Movie : GESC Indonesia Dota 2 Pro Circuit Minor - Official Trailer


One of the most popular recent media craze is the game Fortnite. Fortnite is the latest iteration of popular eSports to take the world by storm. What are eSports? And what is the craze behind them? Are they a passing fad or an emerging sports? eSports are professional video gaming competitions that have exploded in popularity with the growth of online gaming streaming platforms like Twitch. 

Competitive video gamers play others around the world for prize pools that can go into the millions of dollars. Much like conventional sports, there are professional eSports teams, that compete with each other in professional competitions. eSports can be watched online or live. And there are outstanding eSports superstars who earn competitively large amounts of money and endorsements due to their popularity. The popularity of eSports has soared from humble Asian origins to the west. For instance, right now NBA teams have their own particular eSports extensions who compete. Some of the biggest names in American sports have come out strongly in favor of eSports including Dallas Mavericks owner, billionaire Mark Cuban and Boston Celtics’ Gordon Hayward. Live eSports can be held both in indoor arenas or even outdoor setups. It might be difficult to explain the concept of eSports, why would people pay to watch other people play video games? I guess this is a new paradigm that would be embraced in time. 

### Recent developments that are proof of eSports' newly found status include: 
✅eSports have also gained corporate interest with Amazon buying Twitch, the online leader of gaming broadcasts in 2014, and YouTube creating the niche YouTube Gaming for eSports enthusiasts.
✅ The total revenue that has been collected in esports has been steadily rising since $194 million in 2014 to $463 million in 2016. It is projected that the value of eSports will surpass the $1 billion mark in 2019. 
✅In April this year the organizing committee of the Paris 2024 Olympics were in serious talks with the International Olympic Committee, proposing the inclusion of eSports at the worldwide event as a demonstration. 
✅The 2022 Asian Games are more progressive having included competitive video gaming as one of the participating sports. 

## eSports and Blockchain

![](https://cdn.steemitimages.com/DQmZETH2xQzL7M8uwudJoEmKBdgm87519EwZemXHZP2HJHG/image.png)
                  
Cryptocurrency and gaming share an uncanny similarity. The success of a gaming project much like a cryptocurrency project is influenced heavily by the community rallying behind it. Gaming communities coalesce around a common goal not only for personal entertainment but also as active supporters and promoters. They play an important role in the growth of the game. 
From a cryptoeconomic view, gaming particularly eSports and cryptocurrency form a synergistic relationship with each other. One of the earliest working exhibitions of virtual worlds can be found in gaming no wonder the massive development in the space. It is no coincidence then why cryptocurrency has really taken off in Korea, which is the cradle of eSports culture and has the world’s largest eSports fan base. The idea of tokens working within an ecosystem is not an entirely new concept for them. Trade in virtual goods and skins for gaming is a multi-billion dollar business.         
Despite the opportunity in eSports and gaming, currently there are no eSports projects in the top 100 tokens by marketcap. Asura coin is a NEP-5 project that seeks to improve the value relationship in the eSports ecosystem. I believe if they do it right, Asura coin stand a very good chance to be one of the leading projects in this space. Asura coin seeks to improve on blockchain solutions for gaming in a number of ways.                                                           

## What does Asura coin seek to solve?
The value proposition of Asura coin for the eSports landscape is improving the eSports landscape by giving value back to the community. The community is involved in the functioning and governance of the Asura World Platform improving on the traditional organization of eSports. The community is incentivized to practice best sportsmanship practices and healthy competition. In addition, new unique betting rules adapted to eSports are developed which the community will contribute. Community-voted winning proposals are rewarded with Asura coins and implemented on the betting platform. Unlike traditional betting rules which are rigid and uncreative, a more flexible community involving rule development process like what Asura is proposing will vastly improve the entertainment that both participants and spectators derive from the experience. Asura World will have a complete streaming solution for any gaming enthusiast, all accessible at zero cost. No longer can upcoming gamers have to consult third party content creators like Youtube to learn how to maneuver and grow in their eSports careers. This can be conveniently done on the Asura World platform. Professional guides will be available in-video that the gamers can update for the audience to follow easily. 
To support the monthly Asura tournaments’ prize pools, a percentage of winning bets will be set aside from the winning bets. The monthly tournament’s game is selected from the winner of the community vote. The community can contribute in the development of 1V1 or 5V5 matches that are more fair, and all rules are clearly outlined beforehand. Credibility of gamer profiles can be easily verified because of blockchain-based authentification. An AI bot will be the oversight on the quality of fairness of the matchups adding yet another layer of honesty and transparency. This will greatly avoid the situation of match-fixing. The platform will also include inbuilt template for hosting tournaments reducing the cost and time required and making it more convenient to organize while users can also be able to easily follow their participation without having to be glued to the screen. All the tournaments hosted on Asura World will be streamed live there and on Twitch TV.  
The games that will be supported upon the launch of the platform are Counterstrike Global Operations, Dota 2, Kings of Glory and League of Legends. The community will be involved in the inclusion of new games through election. 

## Tokensale
Running between Jun 2-1 Aug will be the Asura tokensale. The token metrics are: 
Ticker: ASA 
Token type: NEO Blockchain 
ICO Token Price: 1 ASA = 0.0200 USD 
Fundraising Goal: 12,000,000 USD 
Total Tokens: 1,000,000,000 
Available for Token Sale: 65% 


For more important links:
Website: https://asuracoin.io/
Telegram: https://t.me/asuracoin
Whitepaper: https://asuracoin.io/whitepaper.pdf
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