Getting ahead of their time makes people smart, and investing in next-generation entertainment makes money smart. What is the latest profitable opportunity we cannot afford to miss? Esports!
Today, you can invest in Arena eSports Hotel, which is tokenized utilizing blockchain technology. LABS Group has recently announced a strategic partnership with Arena eSports Hotel and the upcoming project is confirmed to be located at Bugis, Singapore. With the local government being the biggest pusher in esports, massive opportunities are expected and here’s why.
- Market potential in the Global Esports industry
Esports revenues will hit around US$1.1 billion worldwide by the end of 2021, growing +14.5% year-on-year from US$947.1 million in 2020, and is expected to exceed US$1.6 billion by 2024. The number of esports audiences is also expected to reach 474 million in 2021 and further increase to 577.2 million in 2024.
The esports industry has seen a rapid boom as people rely more on leisure and entertainment.
2. Esports — A Hit on the World Stage
Although gaming has been widely popular among our future generations since long ago, it was not a blip on the radar until recently. This year the International Olympic Committee (IOC) lended its support to the first-ever “Olympic Virtual Series,” a group of esports events in the run-up to the Tokyo games. It may be too early to be included in the arena today, but the door is open for 2028, according to the IOC, which is worth looking forward to. It’s now or never!
3. Growing Esports market in Singapore
Today, esports is the top engagement digital platform globally. With active users engaging for 51 minutes daily, video gaming is now more attractive than any social media outlet, including Instagram.
In Singapore there are about 190 games development and publishing companies, many of whom are local players, for example, SEA Group, and also some multinationals such as Ubisoft. These world-class companies produce incredible products and not only Singaporeans but also Southeast Asians are drawn into the market.
4. Support from Singaporean Government
Not only do business investors try to grasp the opportunity of esports but also governments cannot risk to miss it. Singapore is an emerging force in the esports industry and its ambitions are being boosted by the hosting of events and building of esports-related infrastructures.
For instance, Singapore hosted the Free Fire World Series, which garnered a peak viewership of 5.4 million — the highest ever for any esports match outside of Chinese platforms, according to Esports Charts.
Also, it opened its first esports experience centre at Kallang Wave Mall on 8th July 2021, providing top-ranked live streaming and professional esports facilities.
5. Enhanced infrastructure in Singapore
To develop esports, hardware and software infrastructures are crucial to success. With fast network speed and unfailing servers, for example, live streaming can be much more smooth and efficient.
Quoted from a statement from the Singapore Tourism Board and Enterprise Singapore to Bloomberg: “Our world-class events and digital infrastructure have also made Singapore an attractive location for the industry to hold gaming and esports events here.”
And the future is guaranteed as they said, “The government will continue to support companies as they push boundaries through experimenting with new and immersive content formats and business models, as well as level up the quality of our local talent to become leading creators of world class content.”
6. The largest esports hotel in SEA
Arena Esports hotel, the largest esports hotel in South East Asia, is setting its foot as a 25,000 square feet Esports hotel with the concept of Esports gaming, co-living, and co-working come with more than 100 rooms for gamers to gather together as the next generation for living.
To locally support the capability needs of the esports industry, the Singaporean government established DigiPen (Singapore) in 2017 as a specialized game school to teach students about digital animation and video game design.
At the same time, Infocomm Media Development Authority (IMDA) is partnering with companies to train for job roles to support the games industry and create new career opportunities for Singaporeans. Hence, an upcoming demand and supply can be expected.
7. Powered by Blockchain technology
As it looks like, esports is on the cutting edge of technology. An advanced choice of investment is available and investors can make their first investment with eSports hotel plus blockchain technology by injecting their capital to LABS Crowdfunding platform with 100 USDT (Tether). The advantage of such investment is secure, transparent and safe, which is the nature of blockchain and smart contracts. By investing with LABS, you can diversify your crypto investment portfolio with eSports hotel backed assets.
8. Prime location for development
Investing in the right location is as vital as investing in the right timing. Arena Esports Hotel is located in Bugis Village, the heart of Singapore’s Central Business District area, which is close to Orchard Road. The area will be integrated and revamped into a creative tourist hub by CapitaLand, one of Asia largest diversified real estate groups.
9. GameFi and Metaverse
GameFi is one of the hottest new trends to invest in today, combining decentralized finance (DeFi) and non-fungible tokens (NFTs) with blockchain-based online games.
Unlike many traditional online games, which operate on a “pay-to-win” model and allow players to purchase upgrades in order to gain an advantage over others, GameFi introduces a “play-to-earn” model. This concept involves giving players financial incentives to play and progress through games.
This gives huge opportunities to the development of Arena Esports Hotel and by investing in our asset-backed tokens, you have earned the opportunity to get in this Metaverse!
10. Great investment with 2x rewards Superbooster
As a limited time offer, a superbooster is available for project investors. Investors may double up their rewards while staking LABS’ project tokens — What’s the reason to wait?
Now, if you’re convinced, create an account with your personal information and security authentication. After you have created your account, it’s 4 easy steps: Connect Wallet. Choose a Project. Invest. Stake. We will be launching LABS Crowdfunding platform next Monday — make sure you stay tuned for our updates to be the first one to know when the platform is LIVE!
Click here to diversify your crypto portfolio now! https://cf.labsgroup.io/
About LABS Group
LABS Group is a digital investment platform that provides access to fractionalized property ownership and enables the continuous trading of real estate assets-backed tokenized shares on a regulated security exchange. LABS Group’s platform uses blockchain technology and smart contracts to ensure complete transparency over a borderless ecosystem where property developers and investors can interact seamlessly and with unprecedented efficiency.
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