Asura World is going to be entering the eSport betting industry and once they do they have plans to revolutionize it forever. Not only is Asura World going to bring the eSport industry blockchain technology, cryptocurrency and smart contracts, they are also bringing with them an extremely feasible idea to utilize all the blockchain technology, cryptocurrency and smart contracts. Asura World will be combining the two most popular aspects of eSports; gaming tournaments and eSport gambling under one platform.
Traditional eSport Tournaments
eSports gaming tournaments are extremely popular for people wanting to gamble in the gaming industry at the moment. Popular gaming tournaments receive lots of viewing and many of these viewers do end up placing a few bets on the games.
Traditional eSport gambling platforms allow users to make bets on the outcomes of popular gaming tournaments like the LCS or Premier tournaments. Asura World will also allow users to make bets on those popular gaming tournaments. But there is a lot more that can be done within this industry. At the moment people can only make bets on the tournaments of other because they do not have much choice. The team at Asura World noticed this problem in the current eSports gambling environment and they have thought out a way to rectify it immediately.
Asura eSport Tournaments
On the Asura platform users can compete against other users in the game of their choosing whilst also being able to make some friendly wagers at the same time. Asura World will allow users to make tournaments of their own. Users can either make these tournaments 1 vs 1 or two teams competing against each other. The players in these tournaments bet against each other, and once the match or game is over the winner or winning team get their funds transferred over to their wallet. The transfers are made possible by using smart contracts. The transactions are secured by the NEO blockchain. The user who creates a custom tournament for himself and other users will have to pay a small hosting fee, the hosting fee will have to be in the form of ASA, Asura World’s cryptocurrency.
Apart from the traditional gaming tournaments and the custom gaming tournaments users can make for themselves and their teammates. Asura World will also be creating its own large-scale gaming tournaments. The Asura World company itself will fund the grand pool for these large-scale gaming tournaments. Users on the Asura World platform can participate in these gaming tournaments and the winning team will have the grand prize transferred to their wallets.
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