I really find it great that the gaming industry is now showing attention to blockchain and also starting to adopt it in the industry, as well as cryptocurrency. Online gaming is becoming more popular in the current generation and with this opportunity, I think it will give blockchain and crypto a little bit of spotlight for mass adoption.
That is also my initial thought when I read the news, some spotlight again and then the effects will be felt later.
I don't want to sound bad but it sounds too ambitious, I doubt the value is going to increase when all of the losses are given back through airdrops. There's way too many incentives and it could bring the price down very fast since altcoins usually don't have a lot of trading volume. Then the announcement of a new platform at the end for the game developers, it's going to take a lot of time before they could get the attention of most game developers since there's already enough platforms to choose from (steam, epic, etc)
They are already a big company to begin with, so taking big risk and being ambitious is already ingrain with their business principles. And I think that's one of their goals, to compete with steam and epic and make it more competitive.
Probably ESPN will come up with their new lauch soon, and further it'll make them have their own native tokens for gaming purpose. This is a good start for the blockchain technology getting widened on the media platform associated with sports and gaming. Already we've got P2P and so many other gaming access online. Here the winning rewards for membership will play a big role.
That is one possibility, so we will have to see. If they become successful, this could be a good option in the horizon for them.
Nice, good job for ESPN. It's a known sports company that's mainly focusing in sports. The recognition for esports is already a big thing for the esports community. And with the integration of it through blockchain, they even made it better.
Sponsors are coming for sure just like the traditional sports setup but for us esports fans, they just made it better and a dream come true for gamers.
Maybe because e-sports is really taking a lot of notice in the last two years. Now it's just a niche, but ESPN entering the picture will give it more boost, win-win situation for us and for ESPN.