Esports has historically been built upon the backs of PC, console and mobile platforms.These three platforms converge at a single focal point: skill-based gameplay. Games like Fortnite command the skills of professional esports players, streamers, and casual esports fans. Tagged to the popularity of such games are complementary economies such as that of paraphernalia, fan merchandise, paid and premium streaming content. The same is forecasted to happen for up and coming new gaming platforms, driving the growth of an active, committed esports community.

 

The turning point

While the three platforms have established themselves, a pair of ultimately inseparable innovations in gaming technology are set to compete with older platforms for the heart and soul of esports: Virtual Reality & Augmented Reality (VR & AR).

The hurdles: Protection and reach

However, this new era is not without challenges. In general, less than 1% of the 150 million competitive gamers worldwide make it through the unstructured world of esports. Then, the gaming experience is made even more difficult with fraudulent competitions, smurfing, scamming, and pending prize money. This diminishes the unprotected gamers’ trust in the industry, preventing further and deeper interaction with it.

The primary obstacle in VR & AR esports’ path to reaching its full potential is low consumer awareness of available technologies, followed by little to no awareness of VR gaming titles other than the most popular ones. This, in turn, leads to fewer chances for gamers and developers to be discovered, resulting in a loss of opportunities to monetize. Additionally, facing stiff competition, game studios with limited finances need to up their game in terms of spectator service resources, or risk missing out on this new wave.

 

Market plus points: VR & Hardware

Advances in VR, complemented by gradually decreasing hardware prices, are setting the stage for an expansion in immersive gaming. Expenditures on hardware is projected to fall and affordability is key to widespread adoption of new gaming styles. But is VR as good as PC?

HTC Vive is the most precise tracking system on the market and precision is essential to gaming. With 6 degrees of freedom and micrometer controller fidelity, these specifications are easily on par with current precision standards achievable by touch or mouse input. The result? A VR gaming experience that easily surpasses the richness of PC and mobile gaming.

Growth of VR & AR is hence expected to continue to drive the development of more immersive and engaging game content.  Fully capitalizing on this new trend requires a competitive gaming platform that is trustworthy, scalable, economical and inherently built to enable esports fans to monetize their gaming skills.

Enter Glitch

Glitch is a revolutionary gaming platform where gamers compete to earn in a world of Augmented and Virtual Reality tournaments. It is the only VR & AR gaming platform where esports fans can play, watch, and earn online — poised to ignite the next generation of esports heroes.

It redefines the online competitive gaming and spectatorship experience by leveraging blockchain and augmented reality technologies. It does so as follows:

  • Using blockchain technologies to ensure absolute ownership and security of your online gaming profile and winnings.

  • VR/AR integration immerses players and viewers in the heat of the action, creating richer gaming experiences.

  • The Glitch SDK and platform APIs encourage partner game studios to create and publish tournaments, driving game growth, fan engagement and player monetization.

 

What does Glitch bring to the table?

Discovery. Competition. A stadium.

Gaming fans using Glitch are spoilt for choice with a plethora of both live and recorded esports events and tournaments, engaging with games and players in exciting and novel ways. The platform connects gamers directly to game studios, esports stars and other esports fans. Users with a competitive streak can go head-to-head with others in all events listed in the events discovery channel and/or issue challenges to friends.

The platform is particularly sensitive to its spectators’ needs and brings an enviable VR-powered stadium experience to the table. In the physical world, when 90% of spectators view games on mobile – far-removed from the action – the rousing cheers, the camaraderie, the sense of watching sports history in the making are lost. Fans spectating on the Glitch platform can see the makeup of the audience, including who’s ‘seated’ next to them, providing a true “stadium-style” spectating experience. Additionally, spectators become directors of their own experiences, with options for adjusting streaming views and commentary.

 

Beyond VR

While the Glitch platform focuses on VR and AR titles, it also supports mobile and PC games, ensuring something for everyone. This is intentionally done in order to leverage these existing communities and draw their attention to VR and AR titles. Leveraging a strong market base of 200 million AR-compatible devices, Glitch crafts immersive spectator experiences that enable the discovery, viewing and support of not just VR titles, but any game with 3D content.

Besides becoming a focal point for developer interest and gamer growth, Glitch aims to pique audience interest in VR/AR experiences and bring together all game studios, developers, players, and fans on a platform where they interact and build organic communities, fully empowered by trustless blockchain technology. Using blockchain technology in lieu of legacy systems enables a more scalable, trustworthy, reliable, and fair tournament system. How does it do that?

Benefits of the blockchain-based Glitch platform

Smart contracts for events and tournaments:

  • Any holder of a Glitch token can create, launch and earn from online game events and tournaments without high upfront capital costs or ongoing expenditure to support prize pool distribution and tournament logistics.

  • As blockchain is inherently trustless and transparent, competitors do not have to worry about tournaments closing before any prizes are awarded, withholding of prizes, or incorrectly distributed winnings.

  • Automation of event and service transactions removes human error in the process of settling contracts.

Goods ownership and liquidity:

  • Tokenization and minting of virtual goods allows gamers to liquidate game assets that you’ve earned and convert them into currency..

  • Virtual assets created with Glitch smart contracts remain in possession of the goods holder. This allows clean on-platform and off-platform trading with lower settlement risk.

  • Additionally, offering a transaction fee-split to game developers encourages developer adoption of minting assets, which also allows for clean on-platform and off-platform trading with lower settlement risk.

 

Transaction efficiency

  • Greatly minimizes credit card transaction fees by eliminating middlemen and thus, bringing down costs for the game studio.

  • Settlement of credit card transactions is done within seconds.

  • When used for spectator wagering and prize-pool contributions, blockchain technology allows for a cleaner, more transparent view of the handling and disbursement of spectator funds . Competitive gamers run less risk of being defrauded, and spectators who wager are guaranteed their payouts – if they win, of course.

 

Content creators and advertisers

The benefits are not just limited to gamers though. Content creators and advertisers get a good portion of the pie too. Content creators benefit from online tournaments as a new revenue stream and means of user engagement & retention. Prize pools are encouraged to offer limited edition virtual goods or assets, including appealing token prize pools, as incentives to encourage gamer participation. This promotes desirability and appeals to the natural competitive spirit of gamers. Advertisers and sponsors, in turn, get to build brand awareness using a powerful new medium.

The variety of monetization options ensures that game developers and indie studios get to focus on what they do best – create games that gamers love and enjoy.

A quick recap, a hopeful future

Glitch, with the aid of blockchain technology, hopes to redefine the esports space by adding a secure structure, making it easier for aspiring professionals to enter the competitive esports market and giving studios a massive, easily accessible platform to showcase their games. After all, the more secure game studios feel, the more time and bandwidth they have to create the games everyone loves. Glitch is also a strong advocate for stadium-style viewing and envisions a world where we can truly be part of the stadium experience, from the comfort of our homes.

Get ready to discover, create, compete, and spectate.