Play2Live (P2L), a blockchain-based streaming platform for gamers and e-sports fans, has successfully hosted and broadcasted an e-sport tournament with cryptocurrency as the main prize: 2,000,000 Level Up Coin tokens – LUC – worth $100,000. The P2L CryptoMasters event took place on 24-25th of February in Minsk, Belarus, on Falcon Arena to a lie audience of thousands of viewers and an online audience that approached a million. Play2Live CryptoMasters tournament was the first event broadcasted on p2l.tv platform.
Eight international teams — 7 invited and 1 from the open qualifiers, took part in the tournament. It resulted in the triumph of AGO, a Polish e-sports organization, who took the main prize worth $50,000 in 1 million LUC tokens. The second team was Space Soldiers (Turkey), which received 400,000 LUC tokens ($ 20,000), whereas the third and the fourth place, with 200,000 LUC tokens ($ 10,000) prize pools, were taken by the teams BIG (Germany) and GODSENT (Sweden).
Play2Live aims to merge blockchain technology with streaming services. Its mission is to create an ecosystem where every participant — the viewer, the streamer and the e-sports tournament organizer — is part of a system that favours interaction among viewers and the diversity of monetization schemes. P2P CDN technology, claimed in the company’s Whitepaper, was tested during the tournament as part of demonstration of the Play2Live MVP 2.0 features.
Alexey Burdyko, CEO and Founder at Play2Live, commented: “We have successfully coped with the load of the first cyber tournament. P2P CDN technology tested during P2L CryptoMasters allowed us to save up to 30% of traffic per separate stream. This gives a lot of opportunities in terms of earnings for the platform users. Beta version with this monetization channel will already be available in June”
The tournament was broadcasted in 16 languages and gained 950,000 views, driving more than 120K unique users. Due to the vast geography of the broadcast, Play2Live team could test platform accessibility for users from many countries and regions, including: China, South Korea, USA, Germany, France, Turkey, Russia, Balkans, Baltics and Eastern Europe.
The first 10,000 users to register for p2l.tv will receive 100 Silver LUC on the personal account as a bonus. During P2L CryptoMasters, more than 4,000 users registered for the platform. They were able to participate in the tournament voting due to its blockchain-architecture. LUC tokens can be converted into other crypto currencies or fiat money through a special exchange gate/API after the end of the Play2Live token-sale on the 14th of March at 17:00 UTC.
Co-founder and board member of the AGO team Mateusz Kovalchuk, stated: “I think that the crypto currency prize pool is a new hot trend. Usually people treat crypto currencies suspiciously, but for those who actually understand how it works, it’s easy to find value and benefits of it. That’s why P2L CryptoMasters organizers managed to attract profound teams to the tournament. Majority of them have received personal invitations and agreed to come to Minsk to compete for the token prize”
Ignat Bobrovich, CEO of TwoGNation, technical partner and organizer of the event, remarked: “Only a few esports event are broadcasted in so many languages. We coped directly with 16 groups of streamers. It wasn’t easy, but since it was the world’s first esports tournament with crypto prize pool, it was crucial for us to give the opportunity to see it native languages to as many people as possible, despite their location. Blockchain and Esports are the future, and we are sure that there are going to be more tournaments like soon,”