Honor Of Kings World Champ Cup Reward Swimming Pool To Rise By 56% In 2021 To $7.7 Mill …
eSports reward swimming pools in 2021 will be defined by major modifications, as was the case in 2020. However, this time around, the modifications will be highly prepared for as significant publishers have actually revealed considerable prize pot increments.
According to the research data examined and published by Safe Betting Sites, Tencent’s TiMi Studios announced a 1 billion RMB ($154M) financial investment in the 2021 Honor of Kings environment. Its leading worldwide competition, the Honor of Kings World Champion Cup (KCC) will get a 56% reward swimming pool increase. From 32 million RMB ($4.9 M) in 2020, the 2021 reward swimming pool will amount to 50 million RMB ($7.7 M).
Honor of Kings was the second most rewarding video game internationally in 2020. A report from Sensor Tower specifies that it created $2.5 billion in revenue, 2nd to PUBG Mobile’s $2.6 billion.
Fortnite developer Impressive Games likewise announced a boost in its 2021 reward pot, from $17 million in 2020 to $20 million this year.
The Fortnite Champ Series, set to begin on February 4, 2021, will be the largest source of cash prize. It will have 4 seasons, each drawing in a $3 million reward swimming pool. At the Intel Extreme Masters (IEM) Katowice 2021, 24 CS: GO groups will fight it out for a $1 million prize pool, up from $500,000 in 2020.
In 2020, the global eSports community saw a 15.7% jump in profits, from $950.6 million to $1.1 billion according to Newzoo. It is predicted to grow to $1.6 billion by 2023. Around 75% of the 2020 profits, which was $822.4 million, came from media rights and sponsorships. The international eSports audience grew by 11.7% year-over-year (YoY) to reach 495 million.