Saturday, November 2, 2019

Diagon

Diagon is an upcoming decentralized eSports ecosystem that will enable people from all around the globe to test their expertise and contest in 1v1 and group versus group matches for prominent online-based games, such as Destiny 2, League of Legends, Apex Legend, Dota 2, Counter-Strike Global Offensive and Fortnite.

Payouts will be rewarded to the winner based on player reports and Witness checks. This significantly reduces the risk of fraudulent reporting that is rampant on similar platforms.

Diagon is building an ecosystem on the Ethereum blockchain that will run through Africa, Asia, American, Europe and Australia, thus creating an enabling environment for eSports to be embraced and Diagon’s innovations will allow skill-based competition to take place independent of middlemen, such as financial institutions or casinos.

Market

The eSports industry has seen tremendous growth over the years, both in terms of viewership and revenue. The increasing viewership is what mainly contributed to the revenue growth – and it’s not just because those viewers are generating revenue. Brands, seeing the potential of reaching a large and engaged audience, are investing in eSports marketing both directly and indirectly. That’s what has mainly contributed to the rapid revenue growth in the industry.

Opportunity for All

The global eSports market is growing prodigiously, by 2019 ending, the eSports market is expected to generate $1.1B in global revenue up 27 percent of 2018 ballooning revenues from advertising, sponsorship and media rights to competitive video gaming and the total audience – comprised of both enthusiasts and occasional viewers – is expected to grow 15 percent to 454 million. Based on these figures, a market capture of merely 0.5% would produce an estimated $55,000,000 in platform volume for Diagon by 2020 just from competitive matchmaking.

Vision

Diagon would raise the bar and push open boundaries as each of her milestones are achieved, bringing in more innovation, opening up jurisdictions and enabling frictionless transactions. Diagon aims to be the preferred global platform for skill-based eSports
competitors, viewers and to play an essential part in shaping the future of blockchain-based projects.

Playing Matches and Strategy

Match Result Verification

A match result can be either contested or uncontested. A match is contested if the opponents disagree about the result of the game. A match is uncontested if the opponents agree about the result of the match. Whether a match is contested or uncontested, it needs to be confirmed by four Witnesses.

Decentralized Witnesses

A Decentralized Witness is a special role in the match verification system. They are a different independent Witness from different location who is a holder of Diagon Coin, selected Witness must run automated Witness node software. Witness nodes are the curators of matches. They serve as the final gateway before matches and rewards are processed.

Juries

All matches will be overseen by two Juries, one as the head jury and the other as the assistant Jury. In the event, a match is contested or not accepted, four decentralize Witness will be required. Jury members will be selected by the same weighted random selection processes used for the decentralize witnesses.

Referral Rewards

Another way to acquire Diagon is by inviting friends to become active users on Diagon’s platform. Once the friend has played his or her first competitive match on the platform, the referrer will earn a referral reward.

Diagon App

Diagon is developing a unique application interface that propagates its branding and provides an easy to navigate user experience (UX). The typical UX begins with registering a new account via the account creation process, followed by a guided tutorial of the platform, shown after the account is verified through email.

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