Hello esports enthusiasts. We previously covered how much do esports events cost, managing an esports event and types of insurance at an esports event. For today, I’ll be covering Risk Management. Risk management is the process of identifying, assessing and controlling threats to an organization’s potential esports event. This could mean financially, physically or externally. There are numerous ways. Why is risk management in an esports tournament important? Plan for possible outcomes BEFORE they occur Internet outage PC’s breaking on stage Production issues Avoid the “How did that happen” “How did the event go so wrong” Allows you to save
Axie Infinity is a play-to-earn game that is having an insane run in the last few months. In early July, the game reached over 100 million USD in weekly sales volume, bringing this game to a multi-billion dollar annual run rate if this trend continues. Daily active users went from 38,000 to 350,000 in just about 3 months which makes it the most used app in crypto. $AXS which is the governance token that is used behind the project is up 246% in the last two months alone. Investors that got in the game early are now rich beyond their
The esports industry has grown tremendously over the years, in terms of both revenue and viewership. The growing viewership is one of the main factors to the scene’s revenue boom – and it’s not as simple as that because those viewers are generating revenue. Brands and personalities are now investing in esports, seeing the potential of a large and engaged audience.