Esports ( also known as electronic sports) is a form of competition using video games in various genres. In 2019 it is estimated that the total audience of Esports will grow to 454 million viewers and the revenues are projected to reach US $1 billion per year. This increase occurs due to the increasing availability of online and streaming media platforms, expressly, YouTube and Twitch have become fundamental to the growth and promotion of esports competitions.
As the esports market continues to grow and morph, there will be a need for more features and benefits for players. Arena Match Gold has answered that call by formulating an ecosystem for esports that includes an app and a cryptocurrency that is deflationary. The trustlessness and decentralization of the block chain will streamline the gaming experience for all stakeholders, especially players.
Arena Match Gold is the world’s first truly deflationary cryptocurrency that has a utility function within it’s esports app, which is currently in live beta supporting PUBG ( Player Unknowns Battleground), the first game on the AMG platform.
Cryptocurrency investors and future gamers will soon be given the opportunity to own AMG tokens via an IEO ( initial exchange offering).AMG’s first IEO will launch on Probit ( $28 million daily volume) in stage 1 as early bird special. Each stage will progressively become larger with fewer bonuses.
AMG’s tokenomics promotes price appreciation by reducing supply. AMG will serve as a deflationary esports cryptocurrency token creating a decentralized community-driven virtual economy. Each time AMG is transferred 0.5 % is burned to reduce the circulating supply automatically based on volume. Circulating supply is currently approximately 99 Million tokens; AMG stabilizes at the 16th decimal place and stops burning, ensuring that AMG will have sufficient supply although being rare.
As the esports market continues to grow exponentially, esports platforms will have to adapt to meet the growing demand by scaling their operations and offering more features. AMG is ahead of the curve and setting a new trend in the esports space.