Espotz

Espotz

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HQ location
New Delhi, India
Launch date
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Seed
Total Funding000k
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Espotz operates as a unified, gamified web3 platform focused on competitive gaming. The company has developed an online multiplayer esports platform primarily designed for mobile esports athletes, with the goal of providing video game players with recognition similar to that of traditional athletes and celebrities. The platform aims to bring together four key pillars of the esports industry: players, tournament operators, the audience, and brands.

Founded in 2021 and headquartered in New Delhi, India, Espotz provides a centralized hub for the esports ecosystem. Tournament operators can create and brand their own public or invitational tournaments and scrims for any game without limitations on player slots. For players, the platform offers access to what are described as legitimate tournaments, with ratings and reviews for operators. Players can also create fan pages, post gameplay videos, interact with fans, and stream live.

The business model incorporates several revenue and engagement streams. The platform utilizes blockchain technology for features like instant payouts to winners, removing delays in prize pool distribution. A key feature is community-driven prize pools and staking, where fans can vote and predict the performance of teams, adding an interactive layer beyond simple viewership. This engagement is also monetized through brands, which can run polls and surveys, offering the audience opportunities to earn money. Brands are granted access to player statistics, which helps them identify talent and potential esports influencers for sponsorship or team buy-outs. The platform supports various games, with listings for tournaments in titles like Free Fire. The company was formerly backed by an accelerator/incubator, though PitchBook now lists its status as 'Out of Business' as of November 2024.

Keywords: esports platform, competitive gaming, web3 gaming, tournament organization, mobile esports, player statistics, fan engagement, blockchain gaming, esports monetization, community prize pool, staking, brand sponsorship, esports analytics, tournament discovery, player profiles, live streaming, Free Fire tournaments, New Delhi startup, gamified platform, esports influencers

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