#Bitcoin could attempt to hold upward quite attractive to the basis of online gaming together with eSports. Not only inward damage of using BTC for micro-transactions — due to lower fees together with 2d transactions — but also inward damage of raising funds for major tournaments. With Dota 2’s “The International” tournament only a few months away, at that spot is yet ample fourth dimension for Bitcoin companies together with community members to help heighten additional funds.
“The International”: Major Dota 2 Tournament
Over the yesteryear few years, eSports has larn to a greater extent than pop roughly the world. Competitive private or team-based gaming is non only sheer entertainment, it’s becoming a purpose of life. Contributing to this increase is the rising of online streaming, which allows people from all parts of the basis to lookout gaming tournaments.
Several major video games host annual tournaments, pitting players against each other for a risk to win a grand prize. And inward recent years, the monetary prizes for some games accept larn quite substantial.
Take League of Legends — a pop free-to-play game from Riot Games — for example. The League of Legends World Championship is ane of the most pop eSports events of the year. Last year’s edition offered a prize puddle of $2 1000000 USD. To seat this amount into perspective, the US of America Masters golf game tournament has a prize puddle of US$9 million. The biggest annual eSports consequence is “The International,” a Dota 2 consequence alongside a huge prize pool. In fact, only final year, The International’s prize puddle was a tape setting US$10.9 million. From the information nosotros accept received, this year’s prize puddle has already broken final year’s record, together with at that spot are yet 2 months left to notice additional sponsors. At press time, The International’s 2015 prize puddle sits at a full value of US$11.5 million. It is interesting to banking concern annotation that entirely roughly 14% of this money is existence provided yesteryear Valve. All of the other funds are coming from a crowdfunding displace for theCompendium, which is a digital companion app for Dota 2 players. Twenty-five% of Compendium sales are existence used to fund The International’s prize pool.
A Massive Opportunity for Bitcoin?

It goes without maxim that such a major eSports consequence tin hold upward a large advertising chance for anyone that makes a pregnant contribution to the prize pool. Granted, striking such a sponsorship bargain may non hold upward equally tardily equally it sounds, together with at that spot is most probable a really practiced argue for why all of the money is coming from Dota 2-related avenues. However, if at that spot was a major Bitcoin society — or fifty-fifty a grouping of dissimilar players inward the Bitcoin basis — that sponsored The International, it could brand Bitcoin visible to a huge audience.
We already know at that spot is an overlap betwixt the gaming crowd together with the Bitcoin community. Both areas are really technical, really niche together with are generally aimed at “geeks,” at to the lowest degree according to mainstream media. However, both eSports together with Bitcoin accept managed to capture the imagination of hundreds of thousands of people on a global scale, which is genuinely amazing.
So why non endeavor together with sponsor a major eSports consequence inward the nigh future? At this point, nosotros take away to heighten to a greater extent than awareness for Bitcoin on a consumer level, rather than signing upward novel merchants. What improve means to spread the give-and-take nearly Bitcoin than yesteryear joining forces alongside a powerful entity such equally eSports?
Do you lot intend Bitcoin companies should laid out sponsoring eSports events? Let us know inward the comments below!