Gaming is what every traditional sports league is desperate to become: young, global, digital and increasingly diverse; but e-sports lead the pack. E-sports is a booming global industry where skilled video gamers play competitively. In the same way that traditional sports have competitions in baseball, basketball and football, e-sports encompass competitions across a variety of video games. The online games market has grown drastically with million and million of people watching e-sports worldwide online and more people playing.
Here are some of the ways to make money from online games.
Outside of tournaments, content creation is where it is at as well as influencer gigs. One can make a career out of it through content creation on Twitch and YouTube, influencer campaigns with big corporations and companies.
2. Prize money
Prize money is the most obvious cash cow in the eSports industry’s various tournaments. Participating in various tournaments you can grab some prize rewards.
As an avid player, one could get signed by an e-sport team, thereby engaging in competitions and earning a salary as an employee.
Like any other sport, a big chunk of money comes from sponsorship deals with major brands immersing themselves in the game.
5. Digital streaming
Also, digital streaming and e-sports go hand in hand. As such, major events are normally streamed on platforms like YouTube, Facebook Gaming, Twitch and others. Individual e-sport athletes can have their own streams as well. While you are creating content for the platform you get paid for the ads viewed by your fans. E-sport leagues are taking advantage of YouTube gaming to reach fans around the globe. By creating your own channel and amassing a huge following you get a chance to multiply your income streams.