November 29, 2022

As the standard Chinese language New 12 months party involves an finish, we’re formally welcoming within the 12 months of the Ox. This week, the Chinese language esports business witnessed a number of partnerships and key trends in leagues and tournaments.

A few of the most sensible tales: Jian “Uzi” Zihao introduced he’ll sign up for Elephant Goose Meida, which is without doubt one of the fastest-growing reside sport broadcasting MCN companies in China, and enjoys the make stronger of Tencent as its biggest shareholder; Tencent introduced $260K USD Teamfight Ways festival it calls the Funiu Cup Problem; the Overwatch League formally kicked off its 2021 season with a complete prize pool of $4.25M USD.

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Jian ‘Uzi’ Zihao Joins Chinese language Multi-Channel Community Elephant Goose Media

Jian “Uzi” Zihao has formally introduced the termination of his business contract and brokerage settlement with Chinese language esports group Royal By no means Give-Up (RNG), and has joined the Chinese language multi-channel community (MCN) Elephant Goose Media, one of the vital biggest reside sport broadcasting MCN companies within the nation.

Uzi, the Chinese language mythical esports participant of League of Legends, introduced his departure from RNG in June of 2020, and started streaming on Chinese language reside video platform DouYu. As one of the vital iconic esports avid gamers in China, it’s been broadly mentioned as as to whether Zihao would come again as a certified participant, because of the 2021 League of Legends International Championship being hosted in China once more.

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There are in most cases two contracts between skilled esports avid gamers and their group, specifically a participant settlement and a brokerage settlement. The previous determines which group the participant competes for, and the latter comprises all business actions out of doors the sport corresponding to streaming and business endorsement. Since Zihao’s brokerage settlement has been transferred to Elephant Goose Media, even though Zihao is returning once more as a certified participant, his participant price and business price will likely be cut up. 

As well as, along his aggressive gaming as a participant, Zihao has huge business price in China. He were interviewed by means of China Central Tv (CCTV) a couple of instances and has featured in Nike’s unique esports advertisements. In December of 2020, Zihao additionally signed a non-endemic endorsement handle Raclen, a shampoo logo controlled by means of Chinese language commodity corporate LaFane.

Tencent Publicizes $260K Teamfight Ways Festival Known as the Funiu Cup Problem

Tencent Video games introduced the corporate will host a Teamfight Ways festival, dubbed the Funiu Cup Problem, to happen between March 25-28 and that includes 16 avid gamers and a ¥1.66M RMB ($260K) general prize pool. The winner will take house ¥1M RMB ($154K). As the primary legit Chinese language Teamfight Ways event in S4, the Funiu Cup Problem will ultimate for 2 months, with the highest 5 avid gamers qualifying for an international festival referred to as the Rebellion Video games’ Fates Championship.

The Teamfight Ways: Fates Championship will happen on-line from April 7-9 with regional qualifiers already underway the world over. It’s going to characteristic 24 avid gamers and a complete prize pool of $250K.

“Teamfight Ways is still one among our fastest-growing titles because of its accessibility and intensity,” stated Rebellion Video games senior director of esports Whalen Rozelle. “To satisfy the large call for for arranged festival, for the Fates Championship we higher each the prize pool and the selection of avid gamers who can qualify for the development. We additionally will discover new techniques to additional have a good time the esport globally.”

Taking a look again to 2012, throughout The Global hosted by means of Valve when dota2 owned the best possible prize pool of $1M cut up by means of a 5 individual group, it’s transparent how briskly the esports business has been rising.

Different Esports Industry Information: 

  • The Overwatch League formally kicked off its 2021 season on April 16, that includes a $4.25M USD general prize pool, with the Grand Ultimate winner incomes $1.5M. Every group will play 16 regular-season qualification fits with further contests unfold throughout 4 tournaments.
  • Hangzhou Asian Video games Committee introduced that the Hangzhou Downtown Venue would be the legit festival position for occasions within the 2022 Hangzhou Asian Video games. The 2022 Asian Video games are scheduled to run from Sep 10-25, 2022.