This is a sponsored guide and does not represent investment advice from CryptoCompare. Please do your due diligence when dealing with any Initial Coin Offering and never invest more than what you can afford to lose.
The early 90`s saw the gaming market barely in the $100M range with just a dozen million players and Minesweeper as the most successful game. However, today’s gaming industry is already worth $100Bn with 2.3Bn players worldwide, and most importantly, 1.4Bn registered users are clustered around the top 10 most competitive titles. Eight of these are team-based games like Counter-Strike, League of Legends, Dota2 and Overwatch, all played 5x5 or 6x6. And while the esports market revenue is growing fast and has already reached a $1Bn mark most people still have to playing solo, as it becomes really difficult for players who want to build a team and start a career.
Let’s take the League of Legends as an example. Over 250 million people play it, and they are willing to create or join a team. But there are only 100 Esports clubs in this game, whereas, in football, there are 300 million players globally in 300,000 clubs.
One of the reasons for such a disparity in the ratio of players to clubs in Esports is the barrier to entry when it comes to building and managing a team. Globally there should be at least 50 million teams active now, but that’s not the reality. There are only 1 million teams. And there are underlying reasons for it. The existing tools and websites are too vague in their offering, have poor design and are generally limited in what they can provide to all Esports gamers, both amateur, and pro, and it’s virtually impossible to create a team without investing several months of time and thousands of dollars into it!
Another issue is the current media & sponsorship landscape. The regular sports media & sponsorship revenue is over $90Bn and the Esports has a meager $0.4Bn. But if you look at the audience size the divide is not as large – Sports has a 5Bn audience and Esports – 0.4Bn. This means that the ARPU in regular Sports is around $18 and in the Esports it is only $1. All of this data makes DreamTeam believe that the current Esports industry is a high-potential market with a limited growth due to the unstructured and insecure market conditions.
With the unlocking of blockchain & smart contract technologies, DreamTeam has a unique opportunity to provide an all-in-one solution and build a multi-billion dollar economy on one platform.
What is DreamTeam and who's working on it?
DreamTeam is an infrastructure project for the Esports and Gaming ecosystems. It is solving the problem of 250M gamers who want to build, grow, manage and monetize their teams. With the unlocking of blockchain and smart-contracts technologies, DreamTeam is set to build a one-of-a-kind platform and payment gateway for players, teams, tournaments, and sponsors. The beta version (https://dreamteam.gg) was launched in mid-October and has already reached 1 user/minute registration rate.
CEO & Founder of DreamTeam is Alexander “ZeroGravity” Kokhanovskyy - he’s got 17 years of experience in the Esports industry. He built Na`Vi (Natus Vincere) - one of the most popular and successful Esports teams in the world. And in 2016 he became the Co-Owner of ESForce - the 3rd biggest Esports entity funded by the USM Holdings (shareholder of Mail.ru, VK .com, Megafon) with $100M of investments in the last round.
DreamTeam Partners and Advisory Board consists of Esports industry leaders and crypto/investments professionals. The detailed list of our partners and advisors will be available in the upcoming days as DreamTeam is currently in the process of signing agreements. Be advised that DreamTeam will update this list every 2-3 days, as more advisors are joining the board. As of now DreamTeam is can share its strategic partnership with ESL & StarLadder, top organizers of esports events in the world. On a legal side, DreamTeam is working with Cooley and Latham & Watkins legal firm to ensure complete adherence to the corresponding laws.
How does DreamTeam work?
Team Creation and Development
The platform offers every gamer a fast-track to creating a team and the easiest way from novice, to amateur and, if desired, to professional gamer. The key goal of the platform is to unite competitive players, help them find and build teams. Currently, the numbers and dedication of fans striving to become amateur or pro players are outstanding indeed. Nearly half of all players are engaged in competitive activities such as ranked matches (matches with a special ranking system) or some mini/amateur tournaments and want to know more about the reality of professional gaming - players, teams, and tournaments. According to ResearchNow “Esports Gaming study,” 4 out of 5 League of Legends players and fans aspire to become professional gamers. And with DreamTeam, finding a team and starting on the path to becoming a pro can be done at the click of a mouse.
DreamTeam will also help teams develop by collecting all incoming and outgoing data from the platform and its connected sources: tournaments stats, open sources API, news websites, etc. All of this will be automatically processed to provide a high-quality output. For instance, if the users want more details on their audience, they can conduct a specifically targeted survey covering all the necessary questions and get a direct response. As for the machine learning, DreamTeam is planning to create a system that forecasts player rank based on prior users experience, and automatically match or suggest players for teams and vice versa. All of these big data services, as well as all other services, can only be paid for with DreamTeam Tokens.
Blockchain and Smart Contracts Technologies
DreamTeam is an all-in-one solution for gamers who want to build, grow, manage and monetize their team. And this is the only platform where you’ll be able to find sponsorships & media right sales, prize money, salaries and player transfers all in one place. Teams, gamers, and coaches can get paid salaries and bonuses of all types (team to player, team to coach; player to personal coach and so on) using our platform in a fast and secure way. For sponsors DreamTeam is the go-to place simply because the platform offers transparency when choosing partners and signing contracts, provides access to hard to find “grassroots” teams, and opens up access to standardized reporting and media traction. This unparalleled product will let the teams search for sponsors as well. And through smart contracts, the signing process, execution control, and payments are all done exactly as predefined.The platform provides a single solution to all these needs securely and professionally, that is easy for a person to comprehend.
The platform uses blockchain & smart contracts to ensure the protection of financial transactions and to regulate this next generation financial ecosystem. DreamTeam is aiming to provide a completely secure experience for all players. Teams can set their KPI’s for the team manager and team coach, and they, in turn, set personal KPI’s for each player. Then, after a period of time (e.g., after a month), everyone is auto-checked by smart contracts and depending on the results, all participants of the process receive their salary and bonuses. The same goes for tournament prize payout, a smart contract is signed before the tournament start, and after the tournament and every team will immediately receive a payment according to their placement results.
Taking into account the global reach of the platform, DreamTeam gets profit from a set commission taken for processing each transaction. For this very reason, there is a need for DreamTeam Tokens and blockchain technology. In 2018 DreamTeam will also gradually integrate tokens into the whole gaming and Esports ecosystem, the “virtual” segment (marketplaces, in-game items, etc.) and the “physical” (hardware, merchandise). The DreamTeam Token can be used in marketplaces for trading in-game perks (such as skins), and as blockchain develops, even game characters and any other items.
On November 13-19 Dream Team will be holding its presale. The accepted investment currencies are BTC and ETH, and each DreamTeam Token will be sold for 0.0005 ETH with a minimum investment of $50,000. The presale cap is $10,000,000 and will feature a 7% bonus for the early buyers. The crowdsale will happen on November 20-24 with a minimum investment of 0.1 ETH and will feature a 5% bonus on the first day and a 3% bonus on the second day of the ICO.
More information regarding the DreamTeam Token presale and sale can be found here.
- Why Are Gaming Companies Looking at Blockchain Technology?
- How to Participate in the Gimli Token Launch
- FLUX: Decentralized Global Gaming Ecosystem
- Gameflip: Reinventing the global gaming market
- DMarket - Make Virtual Assets Real
- How to Freelance for Ether
- How to Deposit Crypto on the Winning Poker Network
- Why Using a VPN is Important for Crypto
- Roobee IEO: A New Company Shaking Up the Investment Industry
- Bitcoin Casino Kings - Crypto Casino Review Website
- What Are Smart Contracts?
- Cryptocurrency Tokens vs Coins: What's the Difference?
- What’s the Difference Between Bitcoin (BTC) and Ethereum (ETH)?
- What Is A Blockchain?
- What Is An ICO And How Does It Work
- TREZOR Model T CryptoCompare Review
- What is ChainRift?