NFTs: The Future of Esports?

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NFTs, or "non-fungible tokens," are a new type of digital asset that could soon become the future of esports.

NFTs allow players to buy and sell unique in-game assets directly between each other. This opens up new possibilities for player trading and monetization and could lead to more stable and secure ecosystems for gaming communities.

NFTs are unique digital assets that can be used to represent anything from virtual goods to real estate. This makes them perfect for use in Esports, where players and teams need to own and trade virtual assets to compete.

In this article, we will explore how non-fungible tokens (NFTs) are changing the landscape of Esports.

Esports 101

Esports is a term used to describe competitive video gaming. The games can be played by one person or by teams of players. The most popular esports games are played on PC and console platforms.

The first esports tournament was held in 1972 when students at Stanford University competed in a game of Spacewar. In the early years of esports, competitions were mainly limited to universities and other academic institutions.

The birth of esports tournaments can be traced back to 1972

In the 1990s, however, competitive gaming began to grow in popularity and attract more participants.

In the early 2000s, several companies began to organize tournaments and leagues for professional gamers.

These events grew in size and scale and attracted millions of viewers online. The most popular esports titles include League of Legends, DOTA 2, Counter-Strike: Global Offensive, and Overwatch.

However, no one can deny that Esports has experienced a meteoric rise in popularity over the past decade.

In 2012, there were only 26 major international tournaments with total prize pools of $2.4 million. By 2017, that number had ballooned to 577 tournaments with over a $105 million combined prize pool.

Esports 101: What You Need To Know About This Quietly Massive

In the simplest of terms, Esports is competitive gaming. The global phenomenon has been around for over a decade now, and it doesn’t show any signs of slowing down. So why has Esports become so popular? There are a few reasons.

For starters, Esports is a great way to socialize. It allows people from all over the world to come together and bond over their love of gaming. This is one of the reasons why Esports has become so popular among young people. They can interact with other gamers from around the globe and make new friends.

Another reason for Esports’ popularity is that it’s a very competitive activity. People love to watch others compete, and Esports provides that in droves.

Spectators can watch gamers battle it out in real-time, and the excitement and drama that comes with competition keep them hooked.

NFTs 101

NFTs are digital assets that are unique and cannot be interchangeable. They are often used to represent ownership of something in the digital world.

For example, you could use an NFT to represent your ownership of a virtual pet or game item.

NFTs offers a new way to represent and store value on the blockchain. Because they are unique, they can be used to create virtual scarcity, which is important for digital assets. This makes them ideal for games, collectibles, and other applications.

Non-fungible tokens are created using a special smart contract called an ERC721 token. This contract allows each token to be unique and track its ownership history.

ERC-721 Non-Fungible Token Standard | ethereum.org

The first NFT was created in November of 2017 by Cryptokitties co-founder Dieter Shirley. The game allows users to collect, breed, and trade digital cats. Each cat is represented by its ERC-721 token, ensuring that each is unique.

Since then, the use of NFTs has exploded. There are now dozens of games and applications that allow users to create and trade their digital assets.

The Very First NFT Game - CryptoKitties - NFT Gaming

This could lead to a new era of online gaming, eSports, and other platforms that use NFTs as their foundation.

What is NFT Gaming?

NFT gaming is a term that is used to describe the process of gaming with non-fungible tokens. These tokens can represent various things in the game, from in-game items to specific privileges or rights.

NFTs offers a unique way for gamers to interact with games, as they can be used to represent all sorts of different objects and concepts. This can create a more immersive and engaging experience for players.

NFT games: what is pay-to-earn gaming and is it about to explode?

NFTs can also be used to monetize games, as they can be sold or traded on secondary markets. This allows developers to create new revenue streams and gives players more opportunities to obtain rare in-game items.


NFTs have the potential to revolutionize the gaming industry by providing gamers with more ownership and control over their in-game items. They can also be used to create new types of games and experiences that wouldn't be possible with traditional game assets.

There are already a number of projects underway that are using NFTs to create new types of games and experiences. Some of these projects include Decentraland, 0xWarriors, and Gods Unchained.

NFTs are Powering The Future of Esports

In recent years, Esports has seen a meteoric rise in popularity. Games like League of Legends and Fortnite have become global phenomena, with millions of players tuning in to watch top competitors battle it for supremacy.

While traditional sports have been around for centuries, Esports is a relatively new phenomenon. And as with any new industry, there are bound to be some growing pains. One such pain point is the lack of a proper infrastructure to support Esports.

This is where non-fungible tokens (NFTs) come in. NFTs are blockchain-based assets that can be used to represent unique items or experiences. For example, they can be used for virtual power economies and reward gamers for their achievements.

NFTs are perfect for powering Esports because they provide a secure and transparent way to track ownership of digital assets.

NFTs Unique Advantages for Esports

NFTs are getting into Esports. Cryptocurrencies like Bitcoin and Ethereum have been used to bet on Esports games for a while now, but there are new players in the space.

NFTs offer unique advantages for Esports that other currencies can't match.

First, NFTs can be used to create in-game assets that hold real value. These assets can be traded on decentralized exchanges, making them perfect for betting on matches.

Second, NFTs can be used to reward players for their achievements. This gives players a real incentive to compete and improves the overall gaming experience.

Finally, NFTs can be used to create digital collectibles that fans can buy and sell. This allows teams and players to monetize their fanbase and creates a new source of revenue.

Overall, NFTs offer a lot of potential for the Esports industry.

NFTs Rewards in Esports

NFTs offer unique and valuable rewards for players in the Esports industry. These rewards can come in digital assets or tokens with specific functions or uses within a game.

For example, a player might receive an NFT for completing a difficult task or as part of a promotion.

NFTs can be used to reward fans for their loyalty and support. For example, a team could create a limited edition NFT that can only be acquired by watching many live streams.

This would give fans an incentive to follow the team closely and show their support. NFTs can also be used to generate revenue from merchandising. For example, teams could create unique virtual jerseys that can only be purchased with NFTs.

This would give fans another way to show their support for their favorite team and help generate revenue for the organization.

Own the Future: Digital Assets Empower Gamers

Non-fungible tokens (NFTs) are paving the way for a new era of gaming and esports. These digital assets empower gamers to own their future truly.

NFTs are unique in that they represent an entirely new asset class. They can mean anything from in-game items to entire game worlds.

This flexibility makes NFTs perfect for gaming and esports. In addition, because in addition, because they are digital, they can be easily transferred between gamers and games. This allows gamers to trade and sell their assets with ease.

The rise of NFTs is also paving a new era of gaming and esports. These platforms allow gamers to compete for real-world prizes, including cash and other valuable assets.

What if there was a way to make money from your gaming skills?

With the rise of Esports, there is now a real opportunity to do just that. NFTs (non-fungible tokens) offer Esports fans and players a unique advantage.

Here are some of the examples of the key benefits:

1.  Earn: You can earn money by playing games.
2. Trade: You can own and trade digital assets based on your skills and performance.
3. Build: You can build a digital asset portfolio that increases value over time.
4. Rewards: You can use NFTs to unlock new levels and rewards in games.
5. Bet: You can use NFTs to bet on Esports matches.
6. Purchase: You can use NFTs to purchase merchandise and tickets to tournaments.

NFTs can also be used to reward players for their achievements or contributions to a game or community. In addition, they can be traded and sold on secondary markets, giving players an incentive to participate and engage with games and communities that use NFTs.

This helps create a more engaging experience for players and further establishes NFTs as a valuable tool in the Esports industry.

NFTs and Esports Projects

The gaming industry is booming. In 2017, it was worth an estimated $109.8 billion and was expected to grow to $128.5 billion by 2020.

Esports is a big part of this growth, projected to reach a global audience of over 380 million people by 2021. The most popular Esports games include:

Valorant: Valorant is a recently announced first-person shooter from Riot Games, the company behind the popular League of Legends esports. Valorant is a five versus five-game where players battle to control a central point. The game is set in a modern-day world and features a variety of weapons and abilities.

League of Legends: League of Legends, often referred to as LoL, is a multiplayer online battle arena video game developed and published by Riot Games. LoL was unofficially released in October 2009. The game is a five-player map where players take control of a champion and battle with other players or computer-controlled sponsors.

DOTA 2: DOTA 2 is one of the most popular esports games globally, and its popularity is only going to continue to grow. The game is a huge draw for spectators, and its high level of competition makes it an exciting event to watch. Whether you're a fan of DOTA 2 or not, you can't deny the impact that it's had on the esports industry.

Fortnite: Fortnite is a video game released in 2017 and developed by Epic Games. It is a survival game that consists of up to 100 players being dropped onto an island, where they must scavenge for weapons and resources to survive. At the same time, the map gradually shrinks, forcing players into closer proximity. As a result, the game has seen immense popularity, with over 125 million players as of March 2019.

Due to its popularity, Fortnite has become a popular esport, with tournaments and leagues being held worldwide. Some notable events include the Fortnite World Cup, which had a $30 million prize pool, and the Fortnite Champions Series, which had a $1 million prize pool.

Call Of Duty Mobile: Call of Duty Mobile offers a new and unique way to experience the Call of Duty franchise. The game is designed for mobile devices and offers a mix of multiplayer and zombie modes.

One of the most exciting aspects of Call of Duty Mobile is that it will feature esports tournaments. These tournaments will offer a chance for players from all over the world to compete for prizes. This makes the game an attractive option for aspiring esports athletes.

Apex: Legends: Apex Legends is a game from Respawn Entertainment. The game is a free-to-play battle royale where players compete to be the last one standing. Apex Legends has already amassed over 25 million players in its first week, setting a new record for most concurrent players in a free-to-play game.

Apex Legends is the latest entry in the rapidly growing esports genre. The game has already garnered some significant prize pools, with the first major tournament offering $250,000 in prizes. In addition, several top streamers and organizations have already announced their intentions to compete in Apex Legends tournaments.

As the gaming industry grows, so does the demand for unique digital assets that can be used in Esports games and beyond.

This is where non-fungible tokens (NFTs) come in. NFTs are digital assets that are unique and cannot be interchangeable with other tokens.5

NFTs have many potential applications in the Esports industry.

NFTs Games Esports Potentials

In a world where digital assets are becoming increasingly commonplace, it’s not surprising that the gaming industry has begun to take advantage of the benefits that blockchain technology and non-fungible tokens (NFTs) can offer.

As a result, NFTs prove themselves as a valuable asset for the gaming industry, from in-game items and rewards to entire gaming platforms.


This versatility has led to an influx of new gaming projects that utilize NFTs as a means of ownership and trade.

Here are some of the trending NFTs games with the potential of Esports:

Guild of Guardians 

The Guild of Guardians is an online gaming community that prides itself on being one of the most friendly and helpful groups in Esports.

The guild was formed in 2006 by a group of friends who wanted to create a safe and supportive environment for gamers of all experience levels to come together and enjoy playing games. The Guild of Guardians has since grown into one of the world's largest and most respected gaming communities, with over 12,000 active members.

One of the things that set the Guild of Guardians apart from other gaming communities is its focus on Non-Fungible Tokens (NFTs). NFTs are unique digital assets and cannot be replicated, making them perfect for use in online games. The Guild of Guardians is one of the first gaming communities to adopt NFTs, and it has already seen some success with its implementation.

Mines of Dalarnia 

Mines of Dalarnia is a new, free-to-play game for PC and mobile that’s quickly gaining popularity in the gaming community.

The game aims to collect as many “NFTs” (non-fungible tokens) as possible while avoiding obstacles and enemies. However, some NFTs are more valuable than others, so players must be careful not to lose any of them.

Mines of Dalarnia has been compared to other popular games like Fortnite and Minecraft, but it offers a unique gaming experience that keeps players coming back for more.

Gods Unchained 

Gods Unchained is one of the latest gaming sensations on the Ethereum network. It is a competitive card game that uses NFTs (non-fungible tokens). These are unique digital assets that can be used in various ways, including God's Unchained.

The game has become popular with Esports enthusiasts as it offers opportunities to win large sums of money. For example, in February 2019, a " Neon " player won over $200,000 in a tournament.

The popularity of Gods Unchained reflects the growing interest in Ethereum-based games. There are now dozens of these games, and they continue to increase in popularity.

Axie Infinity

Axie Infinity is a new blockchain-based game that allows users to own, raise, and digital battle creatures known as Axies.

These NFTs (non-fungible tokens) can be used to represent in-game assets, such as weapons and armor, or can be traded on decentralized exchanges.

Axie Infinity has already amassed a large following in the gaming community, with over 60,000 registered users and over $1 million in transactions. The game is also gaining popularity in the Esports world, with several competitive tournaments.

illuvium

Another project is Illuvium, a blockchain-based game that allows players to collect and trade different creatures called “Illuvians.”

Illuvium is a PC and Mac game that will be released in 2022. It is an open-world exploration, NFT creature collector, and auto-battle game built on the Ethereum Blockchain. Players can explore the world, collect creatures, and battle them against other players or AI opponents. Illuvium will use non-fungible tokens (NFTs) to represent creatures and other in-game items. These NFTs will be stored on the Ethereum Blockchain, allowing players to own and trade them securely.

Final Thought

Esports is a booming industry that is only getting more popular as time goes on. Gamers around the world compete in tournaments for money and glory, but up until now, there hasn't been an excellent way to reward them for their efforts.

Enter nonfungible tokens or NFTs. These tokens are unique and can be traded or used differently depending on the game or platform. For example, they could be used to unlock new levels, characters, or other rewards.

This would give players an incentive to compete and improve their skills. Esports organizations could also use NFTs to create loyalty programs for their fans. For example, fans could earn rewards for watching games, cheering on their favorite team, or buying merchandise.

NFTs have the potential to take gamer and Esports competition to the next level by providing better rewards and incentives for players and fans alike.