Blockchain Finance News

EA Licensed Esports Platform Realm Launches in Apex Legends

EA Licensed Esports Platform Realm Launches in Apex Legends

Realm delivers a new type of experience for competitors of all skill levels, with verifiability powered by the Hedera Consensus Service

A new competition has arrived in Apex Legends. Today, Realm, a new automated esports platform from Eric Faust (Co-Founder of Realm) and, Laura Wilson (Co-Founder of Realm), John Chase (Ex-Amazon, Abe Books) Carter Smith (Former Circus, acquired by Realm) and Ken McGaffey (Former owner of Third Impact Esports, Ex DARPA and Meta) is launching in Apex Legends, with over $150,000 in prize money offered in its first season. Realm will kick off its inaugural season in the EMEA region this month, expanding to North America in Season 2, which kicks off in February 2023. Realm is one of the first platforms where pro and semi-pro players alike can engage in a competitive experience.

“Right now, esports is essentially focused on the top .01% of players. Players of lower skill levels don’t get a chance to experience competitive tournaments or places where they can compete to improve their skill. We want to change that,” says Eric Faust, CEO. The biggest prizes will still be awarded at the pro level, but there will be multiple other tiers for players of different skill levels to compete in. Aspiring players will also get the chance to continually level up to get to those upper echelons through Realms rating system. Imagine a ranked service where instead of earning badges, you’re competing for cash”

Latest Fintech News: Chqbook Partners With NSDL Payments Bank to Launch a Zero-Balance Digital Current Account For Small Business Owners

Realm empowers aspiring professional players to get discovered. Professional gamers are able to showcase their skills in hopes of getting signed to a professional esport team. Realm is built on the Hedera public distributed ledger, and leverages the Hedera Consensus Service (HCS) to keep immutable records of events. For professional esports players, this provides a verifiable profile full of deep data insights from every match they play in, enabling prospective teams and coaches to get a full picture of the players skill set. Realm makes this data queryable so teams, coaches, and fans can use it to create statistical models. Players have the option to make their esports data shown publicly on their profile, or hide it so it’s not publicly accessible.

Realm isn’t a tournament, but rather a platform where players can queue up at any time (outside of when ALGS is live) in private competitive matches. Modeled after similar systems in Counter Strike like ESEA. Players get a rating based on the matches they compete in. That rating is used for players to compete against players of similar skill level. At the end of each season, players are then seeded into a ranked division based on their rating where they compete in a tournament setting to earn prizing.

“Hedera makes it possible, for the first time, for players to demonstrate, verify, and share at their choosing their gaming accomplishments,” said Shayne Higdon, CEO of the HBAR Foundation, helping to drive the Hedera ecosystem. “Realm’s new offering for EA’s Apex Legends is the beginning of a transformation. Running on the Hedera public ledger will enable gamers to showcase, verify, and capitalize on their skills as never before.”

Latest Fintech News: Cryptex Offers An Alternative Method Of Payment To Businesses And Consumers

[To share your insights with us, please write to sghosh@martechseries.com]

Related posts

Polaris Bank Nigeria launches VULTe; a new Digital Bank

Fintech News Desk

Ushur Closes $25M Series B Funding on Soaring Demand For Intelligent Automation

Fintech News Desk

Cybercriminals Target Linux-based Systems With Ransomware and Cryptojacking Attacks

Fintech News Desk
1