The best Counter-Strike players, along with two million fans, will take part in the cryptocurrency esports tournament. Fans will be able to bet on results using tokens.
Cryptocurrency esports tournament
The esports stars of the popular Counter-Strike game will take part in a tournament that will be powered by cryptocurrencies. Fans will be able to bet on results using tokens.
The tournament is sponsored by Verasity – a video, game and entertainment platform. Match results will be bet using its native token – VRA.
The tournament will be attended by Nathan Schmitt (NBK) and the best Asian player Kevin Susanto (Xccurate), who according to press reports has two million fans around the world. Verasity has signed a long-term contract with players’ agents. The platform is also in the process of obtaining the necessary gambling permits in Curaçao.
VRA competes with Basic Attention Token (BAT)
The VRA token concept is very similar to the Basic Attention Token (BAT) – Brave browser token. The company’s CEO – RJ Mark Hain said that the VRA, however, has a certain advantage over a better known competitor. VRA is environmentally agnostic and 100% of revenue goes to the content creator.
“The publisher must get to work using BAT to monetize these awards. What we do is completely different. We have nothing to do with the browser. If you work for a large publication, such as Bloomberg, Bloomberg has a video player that is powered by Brightcove. […] And Bloomberg wants a prize, be it crypto or anything else. They take our SDK, it takes them about half an hour to install it, and then control the monetization of everything that goes on inside this video player and stack of ads, for themselves. “
According to Hain, Verasity is trying to capitalize on the e-sport boom that emerged during the COVID-19 pandemic. However, in the future, the company may expand to other games, such as chess, and even to classic sports such as football or basketball.
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