W3E, the Web3 esports tournament organizer plans to host a match between professional athletes, artists, and builders.
At Istanbul Blockchain Week 2022, W3E, the Web3 esports organizer, held the first live Web3 esports competition.To maintain the excitement surrounding Web3 esports, a series of three events, the W3E Creator Championships, W3E Company Clash, and W3E Premier League, were announced.
The three competitions will occur in the futuristic EV.IO first-person shooter arena on Solana. The W3E Creator Championships, which will take place on February 23, 2023, will bring together some of the most well-known content producers and Web3 personalities, including BoredElon, CryptoStache, and Cagyjan.
Eight Web3 firms, including teams from Ultra, Arcade, and XBorg, will compete in the W3E Company Clash the next day. The W3E Premier League, a 15-week competition to determine rankings in a point-based tournament format, will begin on March 9 and feature 16 esports teams.
Many Web3 developers concentrated on creating competitive games after the rise and fall of play-to-earn games in an effort to attract more ardent gamers to Web3.
With its violent and thrilling bouts, EV.IO has established itself as a leading name in Web3 esports gaming. Team leaders at W3E, Damian Bartlett, stated:
“Esports has always been about pushing the boundaries and rewarding the best gamers. Web3 is the natural progression for competitive gaming and as more titles are released, we will see a larger audience experiencing these games. The technology will allow the audience to be closer to their favourite players than ever before.”
Competitive Web2 games like League of Legends and PUBG attract millions of players worldwide, have huge prize pools to entice the best players, and have created an entirely new financial model for the gaming industry.
Web3-based games like Axie Infinity, meanwhile, heralded a new era in gaming.In 2022, Web3 gaming received investments totaling over $4 billion, according to a report by Metaverse Post.
With 530 million viewers and great sponsorships from companies like Coca-Cola, Red Bull, Audi, and T-Mobile, esports may end up being the best method to attract new Web3 users.
Even while the Web3 esports community is still relatively new, its enthusiasm is palpable. Theta Labs’ Kyle Laffey, director of partnerships, said:
“We are very excited to host the W3E tournament streams on our network. The enthusiasm and engagement for the W3E Championships event during Istanbul Blockchain Week was unprecedented and we are excited to join in and shape the future of Web3 esports,”
Competitive gaming and esports may be the best sectors to attract players to Web3 games, which are still searching for a sizable audience and a market fit.
Esports, with their well-known fast-paced action, intense competition, and distinctive monetization structures, can be the ideal approach to entice new players into this quickly expanding industry.
