SINGAPORE: Singapore will host Dota 2's The International 11 on October 11, where e-sport players from around the world will play it out for the Aegis of Champions trophy and a yet-to- be announced cash prize.
Teams will compete at Suntec Arena and the Singapore Indoor Stadium.
The days are gone when gaming is seen as a hobby for teenagers. It is a huge industry with startling revenue numbers.
While e-sports viewership continues to rival that of traditional sports events, its meteoric rise in the last decade may signal a shift in audience appetite.
Ahead of the major competition here in Singapore, here are five things about e-sports that will make you go wow! It is true last year s prize money was 25 times more than the US $1.6 million awarded in 2011. The championship broke the record for e-sports prize money for 10 consecutive years and this year may be no exception.
The money isn't all from the game publisher. Game publisher Valve put in about $1.6 million for the last Dota 2 The International competition, while the rest came from fans.
Fans can contribute to the prize pool via an annual battle pass to the tournament, which is priced between US $9.99 and US $44.99. Players can create communities, unlock rewards and make predictions with the pass.
The tournament Dota 2 offers an eyewatering amount of cash as a prize.
The competitive shooting game Counter-Strike: Global Offensive offers a prize of around US $21 million, while the 2019 Fortnite World Cup finals had a pool of $30 million.
Some famous names have also been known to invest in e-sports, including rapper Drake, actor Will Smith and basketball players Michael Jordan, Steph Curry and Shaquille O Neal.
Football superstar David Beckham owns one: Guild E-Sports, which was launched in 2020.
It was the first e-sports firm to be publicly traded in the United Kingdom and has competitive teams in Apex Legends, FIFA of course!