Millions of dollars are spent on esports businesses, teams and players. Esports tournaments can be worth many millions. Esports could eventually surpass traditional sports like boxing and football in terms of their potential worth. The nascent esports industry is growing rapidly and it’s worth is set to be valued in billions. This industry covers a wide range of areas such as streaming, gaming and associated deal deals. Each year however, some decent market-wide net worth estimates for esports are published. The one by Newzoo shows that the global market for esports is expanding rapidly. NewZoo estimates that in 2019, the total revenue for the esports sector will exceed $1.1 million. NewZoo added: “Following this, the market saw immense growth going into 2020 with a 15% rise on the previous year. The market is expected to grow by 14.5% annually in 2021, according to their estimates. Newzoo believes that the valuation of esports is coming from many different sources. The revenue will come from global media rights, sponsorships, and $833.6 million. Even with some in-person events being uncertain at the moment, the projection of growth for the esports market reflects a growing interest in the topic in every sphere.” Active companies in the markets today include: Esports Technologies (NASDAQ: EBET), Electronic Arts (NASDAQ: NASDAQ:), Take-Two (NASDAQ:) Interactive Software, Inc. (NASDAQ: TTWO), Activision Blizzard, Inc. (NASDAQ: NASDAQ:), Roblox Corporation (NYSE: RBLX).

Newzoo’s Global Esports Market Report 2019, published in February last year, estimated the revenue value of the esports market would reach $1.1 billion in 2019, up over 26% year-on-year. And, that the number of esports viewers will reach over 450 million, consisting of over 200 million esports “enthusiasts” and over 250 million “occasional” watchers. Newzoo predicted that the esports industry will bring in $1.8 billion annually by 2022 at present growth rates. This latest report confirms the rapid growth of mobile esports, particularly in countries like Brazil, India and Southeast Asia. It has certainly contributed to the increase in net worth and valuation of esports. This is especially important because it links to another significant area for growth, the mobile competition gaming market. According to current estimates, this market could reach $1.5 billion in 2025.

Esports Technologies (NASDAQ: EBET) – BREAKING NEWS – Esports Technologies to be Exclusive Data Provider for Turnt Gaming’s NFT Fighting Simulator, Built on Polygon Blockchain – The Skill-Based Fighting Game Will Include Legendary Boxing Icons Floyd Mayweather and Deontay Wilder as NFT’s – Esports Technologies, a leading global provider of award-winning advanced esports wagering products and technologies, announced today that it signed a non-binding letter of intent with Turnt Gaming to be the exclusive esports data provider for Taunt Battleworld. The skill-based fighting game simulator built on Polygon’s blockchain solution will feature NFT’s of boxing icons Floyd Mayweather and Deontay Wilder. This highly-anticipated game will be released in the first quarter of 2022.

Esports Technologies will provide game balance, outcomes math, and logic models for Taunt Battleworld. The unique predictive modeling provides live data from the game and will allow players to have second-screen experiences and new products.

Bart Barden, COO, Esports Technologies, said,

Turnt Gaming’s exclusive wagering partner and in-game data provider, we look forward “we” to working with Taunt Battleworld. We’re focused on providing new, engaging ways for gamers to engage with live content. We are excited to harness the power of quantitative analytics, modeling and AI products and platforms to create a new gaming experience on the blockchain.
Deontay wilder and Floyd Mayweather represent two of the many real-world boxers and MMA fighters who will be appearing in Taunt Battleworld. The ability to own real fighters as NFT’s and using their attributes to compete against the unique characters and races in Taunt Battleworld will add an unprecedented level of excitement to NFT gaming.

Floyd Mayweather was the former champion of the world and is undefeated.

I am honored to have been chosen to represent combat sports in Taunt Battleworld. It is a great honor and I can’t wait for the game to come to life. Stardam Images, Taunt Battleworld, and Stardam Images have reimagined the future of gaming. “I’m proud to have been a part.

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