Internet City, Dubai, January 17, 2022 – ElBank Exchange, a global digital asset trading platform, will list the Battle Esports Coin (BES) on January 20, 2022. For all users of ElBank exchange, the BES/USDT trading pair will be officially available for trading on January 20, 2022 at 16:00 (UTC+8).
The current eSports market is largely dominated by corporate sponsorships. It is not easy and efficient for players to realize monetization through the current B to C structure. To solve this problem, the Battle Esports Coin (BES) token and libs make C-to-C transactions possible. It can boost players’ economic activity, provide new entertainment for users, and revolutionize the eSports market with pioneering blockchain technology. BES will be listed on the ElBank Exchange to further expand its global reach and help achieve its vision.
Bes X Libs: Liberty via eSports
Libs is a platform built to create new economies in the eSports market and expand the economics and value of eSports. Within the Libs eSports platform, users can place bets on tournament matches, make social tips directly to players, and purchase players’ native NFTs and service NFTs. Players will be able to earn revenue from these facilities, which will allow them to perform in a completely different way from their previous economic activities.
As the governance token of Libes, BES is created for use on the Libes eSports platform and serves as voting rights for the platform. By decentralizing authority, Libs aims to become a self-sustaining decentralized organization (DAO) composed of players and users.
The value of the eSports betting industry alone is projected to grow to US$13.05 billion by 2025. BES and Libs plan to offer a steady rollout of betting services on sports and other events to provide new revolutionary forms of entertainment that will differentiate them. Platform and suite of services of traditional bookmakers.
Target markets for eSports gambling around the world, BES and Libs will capture the most targeted players and interest from the strongest markets in Asia starting with China, Korea and Japan followed by the United States and Europe. With the expansion of online gambling and the growing popularity of eSports, they aim to offer a very interesting entertainment proposition to their target markets.
About Battle Esports Coin (BES)
The BES token serves multiple purposes within the eSports gambling ecosystem. It serves as the in-game currency and exchange value inside the Libs eSports betting platform. Players can purchase BES tokens and place bets on eSports games as well as gain additional benefits from staking, tournament attendance and engagement with influencers who define the eSports scene. Implementing a DAO and reward mechanism, BES tokens can be earned by users for engagement and contribution within the ecosystem including the creation of NFTs, purchase of goods, gambling on tournaments.
BES is an ERC-20 token with a fixed initial issuance amount. Therefore, the quantity to be distributed is limited, and the design is such that the price can be easily increased by creating demand. The total supply of BES is 100 billion (ie 100,000,000,000) tokens. 40% of this is provided for the ecosystem, 17% is allocated for marketing, 15% is used for pre-sales/IEOs, another 15% is provided for leadership, 6% initial For the liquidity offering, 5% is for the sponsor, and the remaining 2% is allocated to the strategic advisor. BES is also ready to place bets on multiple DeFi platforms and can be rewarded.
The BES token will be listed on the ElBank exchange on January 20, 2022 at 16:00 (UTC+8), until then investors interested in investing in Libs can easily buy and sell BES on the ElBank exchange. The listing of BES on the ElBank exchange will undoubtedly help it to further expand its business and attract more attention in the market.
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About ElBank Exchange
ElBank Exchange, established in 2015, is an innovative global trading platform for various crypto assets. ElBank Exchange offers its users secure crypto trading, exclusive financial derivatives and professional asset management services. It has become one of the most popular and trusted crypto trading platforms with over 6.4 million users from over 210 regions around the world.
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