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.
The rise of esports have introduced different tournament formats in the competitive scene. Every esports tournament can be held by distinct sets of rules and formats. It is usually the tournament organizers that determine the rules and the format of the tournament, and there is no standard set of rules and formats of holding a competition in esports as it exists in traditional sports.
Esports is a rapidly growing industry that offers endless opportunities, not just for professional gamers, but for all kinds of career paths. A common misconception is that video games are not sustainable and is not something that can provide for a living. But esports actually presents genuine opportunities with potential career growth and has a market that is highly sought after by entrepreneurs.