Esports Hits Mainstream

PC Gamer: “Esports aren’t just for shooters, MOBAs, and real-time strategy games. As we’ve seen over the past several years, just about anything can be an esport, from Farming Simulator League to Geoguessr competitions to Wikipedia speedruns. If it’s a program that runs on a computer, no matter what it is, someone will find a way to make it competitive. So of course there are Microsoft Excel esports.”

“As reported by TechRadar(opens in new tab), this past weekend Excel esports got a lot of new fans when ESPN aired a replay of the Excel All-Star Battle that took place back in May. The event was organized by the Financial Modeling World Cup, “a leading financial modeling competition for everyone interested in finance,” and was shown as part of ESPN’s “The Ocho” on August 4, a 24-hour celebration of weird sports that included corgi racing, axe throwing, and stone skipping.”

“Over three rounds, the competitors were given extremely complicated tasks to accomplish on their spreadsheets with a 30-minute time limit. Half the contestants were eliminated in each round. Appropriately enough, each round is a “case study” problem involving a different game of some sort. In round one, the eight cyber athletes are challenged to create a slot-machine game with eight different symbols and a complicated point scoring system. Round two is a yacht regatta game with a complex wind-speed and directional simulation, and round three is a platformer with six different levels. Yes, these games are all being created in spreadsheets. Somehow.”

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Recent Indian Gov Bans On Games Affecting Esports Growth

Esports: “It’s been a week since the the Indian Government banned Battlegrounds Mobile in the country. The game was taken off the Apple Store and Google Playstore, with developer Krafon receiving prior notice. While this isn’t the first time a PUBG game has been banned in India, this time was a tad different.”

“The major bi-product of this situation is that the lined-up BGMI tournaments in the country were forced to be delayed to a future date. The ban did affect live streaming as many streamers needed to shift to a new game.”

“If the Indian government continues with this pattern, the worst-case situation can easily occur. India can see a major dip in investment within the domain. Gaming organizations can decide to region lock their games out of India and in turn utterly destroy grassroots esports.”

Popular Liverpool Player Virgil van Dijk Unites With Tundra Esports As Ambassador And Shareholder

Dexerto: “Liverpool football star Virgil van Dijk has been unveiled as the new ambassador and shareholder of London-based esports organization Tundra Esports.”

“Van Dijk, widely regarded as one of the best defenders in the world, has been passionate about video games from a young age. According to Tundra, he is an “avid fan and player” of games like FIFA, Fortnite and Sim Racing titles, which makes him “a natural fit” for the organization.”

“I am extremely excited to be joining Tundra Esports,” Van Dijk said in a statement. “Tundra Esports is one of the fastest-growing esports organizations in the world and they are moving in a very exciting direction.”

“Created in 2019, Tundra Esports currently field teams in FIFA, Dota 2 and Fortnite. Their Dota 2 squad, which notably won ESL One Fall 2021, pocketing $175,000, will compete at PGL Arlington Major this month.”

Reasons Behind Esports Success

Finsmes:

Ease of watching 

“Esports is like watching a movie or TV. It requires less attention and you don’t need to be engaged that much to still know what is going on. When esports is being played, anyone can instantly pick up on what the main objective is, and what the players are trying to achieve.”

Bring value and knowledge 

“You read that a lot of non-gamers come in, but of course, the majority of viewers are gamers who enjoy playing the game in question. By watching professionals battle it out on the same battlefield you are playing on, it will be natural for you to pick up tips and tricks.”

Giveaways and sponsorships

“People like free stuff – this is no secret. The esports scene likes to give away things as a way of giving back to their community.”

FaZe Clan Goes Public On Nasdaq

SI: “FaZe Clan, one of the biggest brands in esports, went public Wednesday. The company is now trading on Nasdaq under the new ticker symbols “FAZE” and “FAZEW.””

“The move comes following a special purpose acquisition company (SPAC) merger with B. Riley Principal 150 Merger Corp. After planning for a $1 billion deal in October, it is now valued at $725 million. The move marks a historic step forward for companies in the “creator economy.””

PlayStation Buys Repeat.gg, One Of The Biggest Esports Tournament Platforms

IGN: “Sony Interactive Entertainment is acquiring Repeat.gg, an esports technology platform as its amibitions in the space continue to grow.”

“Repeat.gg is one of biggest esports tournament platforms in the world and it helps users compete for cash prizes across online games. Furthermore, it organizes asynchronous esports tournaments that allow players to compete in games even if they aren’t online at the same time.”

“We will have access to more resources, game titles and technology, which will allow us to grow the team to push Repeat in directions that we had never thought would be possible,” Repeat.gg’s Jeff Shull wrote. “This will allow us to grow Repeat significantly over the next couple of years with plenty of new features, continuing our mission to become synonymous with esports by creating a home where everyone has a chance to compete and win.”

“At PlayStation, our vision for esports has always been about breaking down barriers for gamers to compete at all levels,” Steven Roberts, vice president of global competitive gaming at Sony Interactive Entertainment, said to GamesIndustry.biz. “Together with the talented Repeat.gg team, we’re excited to explore more ways for players to engage in competitive gaming and expand the breadth of our esports offerings. This is just the start of our journey and we look forward to sharing more updates with our community in the future.”

Finalists For The 2022 Esports Streamer Of The Year Award

Dot Esports: “The nominees for each award have been revealed, including contenders for Streamer of the Year. It’s the most prestigious award Twitch and YouTube streamers can win.”

Here’s all 12 streamers who have a chance at taking home the prize:

  • Alexandre “Gaules” Borb
  • Asmongold
  • David “TheGrefg” Martínez 
  • DrDisrespect
  • Ibai “Ibai” Llanos
  • Kammeto
  • Nicholas “NICKMERCS” Kolcheff
  • QTCinderella
  • Rachell “Valkyrae” Hofstetter
  • Tarik “tarik” Celik
  • Timothy “TimTheTatman” Betar
  • Tyler “loltyler1” Steinkamp

Meet Loco — India’s First NFT Platform

Venture Beat: “Picking up on a global trend, Loco has launched Loco Legends, which it bills as India’s first non-fungible token platform for esports.”

“Loco said it is dedicated to democratizing gaming entertainment in the country, and it said its platform will allow users to own and trade esports collectible assets, helping them turbocharge their fandom and experience the thrill of stepping into the shoes of esports scouts.”

“The first asset on Loco Legends will be NFT esports cards. This offering combines NFTs and free-to-play esports fantasy gaming. Users can purchase NFT trading cards allowing them to buy and sell cards amongst each other and also participate in free-to-play fantasy pools. By collecting, owning, and trading these limited edition digital collectibles, Loco is designing a unique fan experience, where users can truly get closer to their heroes, build real world connections, and enhance their watching experience.”

“The NFTs will be limited in number and unique to each owner. Loco is the first to build a large-scale consumer platform of this sort in India that is embracing NFTs and web3.”

Soccer Star Mesut Özil Looks To Go Pro In Fortnite Esports

Dexerto: “According to Mesut’s agent, Dr Erkut Sogut, the 33-year-old could ditch his football boots for a keyboard and mouse once his contract expires in a few years’ time.”

“He will go more into esports, play himself and maybe become an esports athlete,” Sogut told The Telegraph. “He’s really good, to be honest, at Fortnite and I think one day I wouldn’t be surprised if he is competing,” said Özil’s agent. “He owns a team, M10 Esports, and he has players. He has a gaming house in Germany. He has football, like Fifa, and Fortnite.”

“Özil isn’t the only footballer to get involved with esports either. In 2020, David Beckham was announced as the co-owner of British esports organization Guild Esports. Similarly, Manchester City star Kun Agüero is the founder and CEO of KRÜ Esports, an organization that competes in Valorant and FIFA.”

Esports Fantasy Startup Raises $40 Million

Techcrunch: “FanClash, a two-year-old Indian startup, is attempting to bring esports such as sleeper hit titles PUBG Mobile, COD and DOTA 2 to this fantasy sports world. Investors are predicting that this model and the FanClash team will deliver, and said on Friday they have poured $40 million of fresh funding into the startup.”

“As is popular across cricket and football-themed fantasy sports startups, on FanClash, users compete with one another across several popular titles, including Counter Strike: Go, FreeFire and League of Legends, by selecting their favorite players and spinning up made-up teams.”

“We focus only on core esports tournaments. We are not looking into casual games. Our thesis is that the world is seeing the emergence of a new kind of sport, and when there’s a new sport, there will be a data layer and a fantasy layer built on top of it,” said Richa Singh, co-founder and chief executive of FanClash. “These esports have larger following than cricket, but they lack data and fantasy layers.”