ASURA given a 4.6 out of possible 5 by ICO BENCH review team. Asura is flying high.
eSports is exactly like tommy, that one tiny kid in school that people never believed could ever get any bigger and so they always made fun of him until that time everyone came back from holiday and nobody could even recognize Tommy because he has gotten enormous. Come on we've all seen this kind of miracle unpredicted outcomes. This is exactly what happened with eSports, nobody really thought it could be a big industry, but it did! Growing into an industry worth billions of dollars. In fact, even the few people that got in on the action early, couldn't have imagined they could reap such huge benefits.
What's amazing is that eSports isn't totally where it needs to be because of issues such as gambling, data breaches etc.
First let's talk about Asura, an eSports company that wants to use decentralized technologies plus cryptocurrency to foster a transparent community-based platform to help people can transition better to eSports. Asura is divided into five major categories: contest hosting, online sports betting, group match making, professional walkthroughs (this is like peer to peer tutorials and lessons) and a community center to promote social interaction.
All these categories work hand in hand to not only build a better world for eSports but also solve some of the biggest issues preventing its widespread adoption, it’s undoubtedly no surprise that internet sports betting will have a major role to play in this. Eilers & Krejcik predicts the global internet sport betting market will reach a $12.9 billion-dollar valuation by the end of 2020 with revenues exceeding a hundreds of millions of dollars.
eSports betting on Asura.
Why it’s golden.
Asura is focused on the user and has tried to make the principles of the game as simple as possible. Asura works like other different esport betting platforms because it offers a lot of betting markets users can choose from, Counter strike: global operations, Dota 2 etc. Here's how it works: The basic rules and ordinances apply to every bet or wager. Clients basically select an event - in this situation a match or tournament - from the betting menu, choose the sum they need to stake from the listed odds and put down a wager. If the wager is won - the wager wins - and they win rewards according to their wager. Some individuals see betting as an approach to add fervor to a competition, with the desire for picking up some quick coin payments. While others, use mathematics, statistical analysis, or their unique knowledge to determine ways of surviving from betting on events, these individuals are known as the expert bettors.
eSports is the same, offering anyone with the right knowledge, expertise or skill with an opportunity to earn huge rewards and bonuses. However, Asura world does become packed a unique set of features, first off, special betting rules - which lets users create their own batch of rules to govern their plays and tournaments.
Users can also get free ASA coin (the platforms main digital currency)rewards if they can suggest and put forward their own betting ideas to the platform, to promote Asura's capabilities as well as boost engagement, to make all this work a complex type of smart contract algorithm technology is implemented - say Tommy wants to create a custom bet that by the time the Counter Strike tournament is completed - the number of confirmed leg shots for the losing side will be greater than 50. He can use Asura's rule creator to set this rule into stone. The rule creator will convert his input into a code the smart contract will understand, it will look something like this.
result = count(eq(‘players.item_#’, 48))
A. result > 50
Once the game ends all the data is aggregated by the smart contract and uploaded to the dashboard.
Coins will then be given to the victors
Asura also implements a live stream feature that's meant to make streaming widely accessible to its users anytime, anywhere at no extra cost. This feature will work in conjunction with other streaming providers like twitch to allows users to stream all gaming and contest videos directly from their portals. Once logged in, users can easily and seamlessly switch between different tabs on the UI to access and watch different plays.
One other thing, Content from live streams is always recorded on Asura’s databases so that for anybody that wants to replay the previous plays or contests can do so at their own time and convenience.
Pro gamers can also use this feature for practice, they can make easily gameplay montages and survey coordinates so as to find out when and where they messed up and how to fix it and get better for their next play errors. Likewise, for event coordinators who communicate live tournaments, video on request encourages them make limited time recordings, user advertisements as well as consolidating long form content into more bite size episodic scenes, making it simple for watchers to discover minutes in an opposition. Likewise, when there is a dispute between teams in the online tournaments, adjudicators can re-watch the games again to unbiasely determine what went wrong on the meeting, while this might not completely prevent match fixing it does prevent cheating from ever taking place hence promoting equality and transparency within the platform.
Conclusion.
ESports platforms like Asura have united the gaming community from all corners of the globe. Such that anybody with an internet connection can connect, bet and access live streams from gaming tournaments, as long as you have a device and internet connection.
Fortunately, the latest, the United States Supreme Court landmark ruling that disposed of a 26-year-old law disallowing states from supporting games betting has also gone a long way into making people more accepting of esport platforms. Today, states can build up their own games betting laws, with a bunch of different states preparing to make the same enactment. In the wake of the Supreme Court's choice, the number of sport betting firms in the US is ready to explode - eSports betting firms will definitely explode too, but with the first mover advantage and powerful technologies its stacks, Asura is poised for success.
Roadmap
During this fourth quarter period of 2018, Asura will have a lot going on: The company will implement the platforms mandatory professional guides, put in place protocol for the platform's global competition pre-alpha tests and launch a beta program of the company's betting and live streaming application. In 2019, Asura world will announce the beta version of its public user platform as well as kick off the company's first ever monthly tournament. The first ever customized bet voting feature will also be launched during this period. So, you'd want to stick around for these and everything else happening after (2019).
Details of Token Sale.
The company has in supply 1,000,000,000 ASA coins with up to 65% being offered up for sale, 25% (250,000,000) will be set aside to develop strategic partnerships with relevant companies to boost growth, some of it will also go into funding the referral program. The last 10% of ASA coins will be given to the Asura team of founders and advisors.
Asura world hopes to blow its soft cap target of $2,500,000 out of the water and push further towards its hard cap target of $12,000,000. You can get up to 5000 ASA coins from 1 NEO. Which are also the only currencies supported by the platform at the moment.
Asura will spend 60% of all the funds contributed to finance design and development of features and technologies to be used on the platform and hiring of relevant team members. 25% of the funding pool will go towards the brand's outreach and marketing efforts (sponsorships, promotions and social media ads), the last 15% will be divided between legal, Asura needs legal guidance to make sure it's always according to the law after all, 10% will go towards this. The last 5% will go into platform security. With an experience team of founders and advisors already on hand to push the company vision, all they need is your support to bring E-sporting to the masses. You can go ahead and get yourself some tokens before the end of 30th June 2018. If you're still not sold, maybe the bonuses offered during the sale for your participation will get you sold. Join the party.
Please note that ASA tokens are meant for use only within the Asura platform therefore the company does not guarantee one specific value for the coin and will therefore not responsible for any losses. This means because of unforeseeable conditions the coins value may fluctuate in terms of value. The value will go higher but rarely you will see a drop, which is totally normal as in any market.
There is so much more to write about this new betting company ASURA world but i can just write so much in my small blog.
Sometimes its good to read and understand things for your self to see things from your own perspective and guage to compare with my views expressed in this blog. I am happy to answer questions where i can based on this blog however i would like to put a friendly disclaimer at this point.
Disclaimer: I am not a qualified financial advisor and views expressed in this blog are views based on my personal understanding of the white paper and Asura World project in my own words.
Please do your own research (DYOR) is always the best way to find out what is best to invest in.
For more information please feel free to follow these links:
Asura Website
Asura WhitePaper
Asura OnePager
Asura Medium
Asura Telegram
Asura Reddit
Asura Twitter
Asura Facebook
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