Watch out for February 25th; one lucky Counter-Strike team will ‘swim’ in cryptocurrency.
Scrooge McDuck wouldn’t be interested, but the rest of the world wouldn’t mind a $ 100,000 first place reward paid in cryptocurrency. Play2Live aint cheap when it comes to showing financial respect to CS: GO teams that put their money where their mouth is. They’re offering up a $100,000 first place reward, distributed through their own monetization model, LUC (Level Up Coin).
Eight Counter-Strike teams get a shot in playing the tournament that will be held live in the Falcon Club in Minsk, Belarus. The tournament is a great way to promote LUC, which can be easily converted into other cryptocurrencies. In addition, viewers on stream have their own chance to earn tokens by watching ads or sharing their bandwidth and participating in challenges assigned by the very streamers they watch. It’s all in the philosophy of Play2Live, a live-streaming company that looks to interact with viewers and advertisers alike.
“We encourage all gamers and esport fans to become P2L early adopters to test the new ecosystem and high Internet speed delivered by peer-to-peer CDN technology,” these are the words of Alexey Burdyko, CEO and founder off P2L in a press conference. “We are even more excited to host the world’s first ever esport tournament with crypto prize: an event, that will become a milestone in further integration of the blockchain technology into gaming industry.
Cash out or take a chance?
eSports matches are now a rather passive experience for the viewers on stream. P2L is looking to change that. They come up with the cool feature to place live bets with Level Up Coins during an esports match. This includes prop bets (which team is going to take the first tower etc), which opens up a wide variety of betting possibilities.
It will be interesting to find out what the winning team does with their new crypto-fortune. Do they cash out for dollars? Or will they see the LUC as a valuable investment, which might turn out to be worth alot more than the $100,000 it is today? What would you do? We are all about to find out at the end of the month!