Thank you all for your replies and suggestions, I’m apologize for not being clear, this is a practice tournament only, The actual tournament is going to have entry fee and the prize is determined by the number of participants. I’m hosting the tournament locally, I was just trying to find players to help with the practice so I can make sure I know what I’m doing when it’s time for the real tournament. I’m the real tournament all my players will be in discord, we will vote on the game to be played. Then every will be assigned a position by random number. Then everyone will pay their entry fee, then the tournament will begin. Once finished winning player gets their winnings and the next one can start. I would like to allow spectators during the tournament but that can interfere with the fairness, but that’s what the practice is for.
Might be better to drop a discord link for anyone who wants to participate? Just so that you can have a solid list of players who want to actually join. Honestly ask for the fee way before the tourney begins, it's honestly a pain to wait for other players to pay when you could've done it way earlier. Just make a list of sorts and set a schedule so that you can see who's available or not. And yes, don't allow spectators, that'd be pretty damn stupid imo.
One thing that has been extremely disappointing to me about the crypto market is how long it's taking to get things like NFTs into games and allow betting with cryptocurrencies. It's such an obvious next level partnership that will change the world, yet instead of Call of Duty allowing for betting with Bitcoin, the best we have is clunky metaverses with roblox style gaming. I'm happy to see any progress, but the big boys of development really need to step in and take the reigns. The best developers in the world still think Bitcoin and cryptocurrencies are a fad, but I do feel like that is starting to change this cycle.
True, most games right now are still focused on solely developing well, game stuff, and not stuff that they can integrate into the real world while playing the game. I'm honestly waiting which big game (or company) would adopt it first since I'm really hyped as to how it's going to change the scene and probably the economy of the game itself (if it has one).