Crypto-Follow logo Crypto-Follow logo
TipRanks 2022-03-09 20:17:21

Ignite Tournaments Raises $10M to Introduce P2E eSports

While most people relate online gaming to teenagers sitting behind desktop monitors, eSports has ranked among the fastest-growing industries over the last few years. The global eSports market is valued at more than a billion dollars, and is expected to cross $1.62 billion by 2024. That said, the traditional eSports industry has a few drawbacks. For instance, most eSports tournaments aren’t mobile-optimized -- a major problem considering the growing user base of mobile gamers. Moreover, these tournaments are highly centralized, leading to setbacks like a lack of transparency and delayed payments.

#
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer