Awareness in electronic sports has become quite extensive with it fan base reaching the upwards of 300 million people.
Awareness in electronic sports has become quite extensive with it fan base reaching the upwards of 300 million people. If you remember then a few weeks ago we did visit a topic about virtual gold rush, in which celebrities are investing into current e-Sports market and teams. As you have become familiar with their background and which teams they are vested in, then lets focus on why they are doing this in the first place. We are going to give you a little hindsight into why are celebrities taking their money and investing it alongside with their time into development of the virtual sports industry.
Avid professional basketball supporters were seeking for the answers after their beloved NBA franchise, known as Philadelphia 76rs, took an executive decision of taking stakes in two of the popular e-Sports teams. CEO spoke out that the incentive behind this move was the simple fact of how popular virtual sports are in the current entertainment sector, which results in enormous potential to generate a stream of revenue by marketing teams, even if the matches are played in the virtual environment, to the actual real world audience.
You can purchase your favorite athlete jersey and wear it in support, while railing him in the middle of playoffs game 7. Same type of mentality is spreading across the fans of virtual sports, who do not hold anything back when it comes to supporting their favorite players, turning merchandise sales into one of the most lucrative ways for revenue generation.
Humans are one progressive race, at least we think that we are and sometimes try to actually be one. We can notice how each new generation has slightly, and sometimes vastly, different views or things that interest them in general. This creates an environment in which kids who have grown up spending majority of their time behind the gaming consoles and computers, are likelier to prefer spectating these type of athletes to compete between each other, rather than the ones doing so in physical sports which might be more of a interest to the people who were brought up in the middle of that.
This statement should not be considered as every person who likes video games is not into sports but rather how they are more likely to be interested to rail virtual sports. We can notice big trend in current gaming community supporting their favorite gamers. One of the best examples is the popularity of a streaming platform, known as Twitch. Users have the options of sending donations to their favorite players and subscribing to their channels by paying a monthly fee.
Entertainment behemoths have noticed the potential of electronic sports industry and started allocating their time and resources into the development of this sector in order to reap bigger profits in the future. We here at Betcoin.ag bring you the best bitcoin sportsbook to place all of your e-Sports wagers at and you can find all of the major virtual sports events in our easy-to-use betting interface. We hope that you have enjoyed reading our article about why people are investing into the e-Sports industry. Do you have a favorite virtual sports team and do you enjoy spectating e-Sports events? Have you ever purchased any of their merchandise? We are looking forward to your comments below!Filed under: Sportsbook, eSports