Ikonic: Taking Esport To A Different Level

Telvetio
5 min readMay 3, 2022

iKONIC will allow fans to own and share the best moments in eSports history, while providing a multi-million dollar eSports opportunity and growing the business as quickly as possible. new to connect with their audience. Video clips of the craziest and most epic game shows can be easily printed with just a few clicks on NFT. And with one or two more clicks, they will be registered and ready to trade on the iKONIC marketplace.

Creators can design these NFTs to pay for lifetime royalties, or even create an entirely new revenue stream by selling sub-licensing rights. And this is just the beginning! iKONIC will not be just another NFT marketplace. It will be a community — a movement. The iKONIC community’s passion for the game is a huge motivator and we’ll help them use it to do great things.

Together, we will:
Lay the foundation for a whole new business model — this one
will encourage and support new, exciting and innovative titles: games as a service.
The creation of a new launch platform will bring the next generation of blockchain games into the metaverse and create wealth for everyday gamers.
Create an open market for all of the project’s game assets, complementing the ecosystem that will sustain their creations and help them grow.
We all know this is a time of big game changes. iKONIC and its community will lead! It’s time we had a moment.

iKONIC’s vision captures two big trends
Rise of e-sports
Earthquake blockchain game
Each of these represents a great economic opportunity in its own right. But both are part of a larger game metaphor. It offers us a wonderful opportunity.

At the same time, we were able to build a unique business around both of these trends and exploit the rich synergistic potential that exists between them. Before we share the details of IKONIC’s vision, let’s quickly summarize the current state of these two trends.

Blockchain Gaming Opportunity
The game is the beginning of another paradigm shift.

A large virtual game economy with an annual GDP of millions of dollars has been with us for some time. Notable examples include EVE Online, World of Warcraft and Second Life. However, until recently, the economic value of playing time in these games and the transactions that take place in their internal markets has remained largely limited to their unique universe.

Blockchain game breaks this barrier. Users can freely own in-game currency and game assets that are represented as blockchain tokens. And users are free to move tokens and exchange them at will. This incredible development means that this precious asset can now also be converted into financial value beyond the original game.

Then, if you add the fact that blockchain businesses have lower total costs and do not pay dividends to shareholders, it means more value. Consequently, more value can be given to more players on a daily basis, and it can also focus on some spectacular prizes. Players can now play for money. The new opportunities created by the blockchain-based market also provide a whole new revenue model to support innovative new game and game developers. Imaginative creators can also reap the benefits of this blockchain-facilitated exchange that no longer requires an army of middlemen. This trend has just started, so we do not have too many examples to show. However, the precedent set by Axie Infinity is striking.

In 2021, we see stories of low-income individuals in the Philippines using these video games to generate income and feed their families after the economic downturn of COVID-19. One lucky individual even managed to buy two houses with his winnings. We have not even begun to understand the economic potential that awaits. But iKONIC will be there to help create more amazing stories like these and help their communities thrive through this extraordinary economic transformation.

The IKONIC token
The IKONIC token is used to reward participants and unlock features on the platform.

Token name: IKONIC
Total supply: 2,500,000,000
Hard cap: $6,000,000
Seed sale: $2,000,000
Strategic sale: $2,000,000
Public sale: $2,000,000
Initial market cap: $3,200,000
Initial circulating supply: 157,916,667
Total diluted market cap: $50,000,000
Estimated listing date: Q2 2022

Esports is huge
Currently, eSports is a $ 950 million market that is expected to grow 9% annually until 2023. If you have not looked, eSports has a price. million dollars is becoming something of a big deal. Some are now paying bigger prizes than the world’s first golf tournament, The Masters. But when we look at this emerging market, something is clearly wrong.

In the heritage sports business there is a large secondary market
built by reliving great sporting moments of the past. It covers a large market for sports souvenirs and collectibles, with annual sales of $ 140 billion a year. This traditional sector is undergoing its own blockchain modernization. NBA Top Shot reported more than $ 230 million in earnings within a few months. They helped value this single company at more than $ 2 billion.

But so far there has been no such thing for the e-sports industry.

Maybe it’s all very new and things are moving and changing too fast. Maybe we lost the right legal infrastructure. Major sports brands use sublicensing to mine and monetize their IPs without losing or diluting their claims on the underlying content. We did not have a blockchain copy of this type of structure — until recently. Technology already exists. And IKONIC is the first to master it!

There’s no reason why we can not stop NBA Top Shot’s success in the e-sports market. We will help the highest profile competitions use the power of blockchain technology to multiply their revenue and reach new audiences.

Official contact information
Website: https://www.ikonic.gg/
Whitepaper: https://global-uploads.webflow.com/615f264a1577bed3445ca158/623dbd2495e2c49f8aef3444_LitePaperIkonic.pdf
Twitter: https://twitter.com/official_ikonic
Telegram: https://t.me/ikonic_moment
Discord: https://discord.gg/FPckz79SUy
Medium: https://medium.com/ikonic-hq
Youtube: https://www.youtube.com/channel/UCgq5Ws23RjNuUNc-Sth_gCQ

Author

Bitcointalk username: Helvetia
Bitcointalk Profile url: https://bitcointalk.org/index.php?action=profile;u=2837157
Address: 0x9003babdeb6d55767f7385f009c942da924aed28

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Telvetio

wow writing crypto article on the best project