Earning money as a casual gamer just got easier…maybe
Let me level with you, i’ve been out of the loop a while. Drake’s still cool right?
I know there were some questions about his behaviour raised last year, but everyone seems to have forgotten about that now so I guess something bigger came along, Fortnite or whatever the kids are up to right now. Anyway, we’re not here to talk about Drake’s alledged activities, as I could never afford the requisite legal fees. What he has done that can be talked about, is invest in esports startup Players’ Lounge.
Players’ Lounge is based in New York, and allows players to compete against each other online in games of their choice, on consoles (and controllers) of their choice, for cash. Or, in their own words:
Players’ Lounge is a platform where gamers can play their favorite video games against others for prizes. Today, players earn millions of dollars in prizes every month.
You essentially bet on yourself to win, and are matched with an opponent of similar competence, or join a tournament. It’s proving immensely popular, with $3 million raised in a recent seed funding round from investors such as Strauss Zelnick, Comcast, Canaan and Macro Ventures. The goal is to foster a platform where casual players can earn money, raise their status and take part in a community built around friendly competition.
Professionally, betting on yourself has always been somewhat of a gray area. Whether the company will put measures in place to prevent pro players sweeping the boards remains to be seen. It’s an intriguing idea, and the user base is growing, with over 80,000 Apex Legends matches in the past month alone.
In terms of broader sports, nothing like this has never been attempted before. It’s simple, bold and seems to be running smoothly thus far. The potential for growing community and functionality is definitely there, and further celebrity engagement would only bolster the popularity of the site.
Personally, It’s only ever been my dignity and self-worth that evaporate when coming 90th in PUBG, having my bank balance diminish simultaneously sounds incredibly humiliating. Sign me up.