But none of this changes the fact that esports teams are an important piece of the aggressive landscape. Kyle ‘Bugha’ Giersdorf gained the 2019 Fortnite World Cup’s Solo competitors and won over $three Million. He is the youngest Esport participant to ever turn out to be a millionaire from prize money and contemplating this was just his first tournament, he will go a lot further in his career.
We break down the key income channels for esports teams below. Worth noting before diving in, the valuations behind a few of these groups are closer to tech company valuations than traditional sports group valuations. Since the esports trade is ever-changing and ever-increasing, it’s worth noting that over time, investors have began to look at different elements of the esports ecosystem in terms of investing. This might be due to the fact that the vast majority of folks aren’t capable of make … Read More