An Ethereum-Based Decentralized eSports
FirstBlood is an Ethereum-Based decentralized eSports platforms that allow users to compete in online games, such as Dota 2, Counter-Strike: Global Offensive, and League of Legends.
Players are given reward based on their skills in the games, tracked on smart contracts and blockchain oracles. The FirstBlood was founded by the team of developer Zack Coburn, Marco Cuesta Anik Dang, Joe Zhou.
FirstBlood plans to make the eSports industry more limpid and systematic while bringing in a new demographic into the crypto community, thus making cryptocurrencies one step closer to mainstream adoption.
How does it Work?
FirstBlood works as a decentralized app that allows users or players compete through a decentralized and autonomous platform. Hence, it is based on the Ethereum Virtual Machine (EVM) and is powered by 1ST tokens.
However, this platform allows for competitive matches to be observes worldwide. Hence, that is just one facet of the app.
First, FirstBlood allows players to spend their 1ST to begin competitive matches. Hence, wagering on themselves to win the match. Second, the 1ST can also use to host tournaments. Accordingly, at the cost of some tokens, the eSports fans go with their own tournaments.
Ultimately, 1ST can be used by the player to vote on the winner of a match. Therefore, they are fixed as judges to determine who will win a game depending on their criteria.