World Video | Defence | Foreign Affairs | Natural Events | Trade | NZ in World News | NZ National News Video | NZ Regional News | Search


Honor Of Kings World Champion Cup Prize Pool To Rise By 56% In 2021 To $7.7 Million

eSports prize pools in 2021 will be characterized by major changes, as was the case in 2020. However, this time around, the changes will be highly anticipated as major publishers have announced considerable prize pot increments.

According to the research data analyzed and published by Safe Betting Sites, Tencent’s TiMi Studios announced a 1 billion RMB ($154M) investment in the 2021 Honor of Kings ecosystem. Its top global competition, the Honor of Kings World Champion Cup (KCC) will receive a 56% prize pool boost. From 32 million RMB ($4.9M) in 2020, the 2021 prize pool will total 50 million RMB ($7.7M).

Honor of Kings was the second most profitable game globally in 2020. A report from Sensor Tower states that it generated $2.5 billion in revenue, second to PUBG Mobile’s $2.6 billion.

Fortnite Prize Pool Increased to $20 Million from $17 Million in 2020

Fortnite developer Epic Games also announced an increase in its 2021 prize pot, from $17 million in 2020 to $20 million this year.

The Fortnite Champion Series, set to start on February 4, 2021, will be the largest source of prize money. It will have four seasons, each attracting a $3 million prize pool. At the Intel Extreme Masters (IEM) Katowice 2021, 24 CS:GO teams will battle it out for a $1 million prize pool, up from $500,000 in 2020.

In 2020, the global eSports ecosystem saw a 15.7% jump in profits, from $950.6 million to $1.1 billion according to Newzoo. It is projected to grow to $1.6 billion by 2023. Around 75% of the 2020 revenue, which was $822.4 million, came from media rights and sponsorships. The global eSports audience grew by 11.7% year-over-year (YoY) to reach 495 million.

The full story, statistics and information can be found here:

© Scoop Media

World Headlines


OECD: Final Quarter Of 2020 Shows Continued Recovery In G20 International Merchandise Trade

G20 international merchandise trade continued to rebound in the fourth quarter of 2020 ( exports up 7.2% and imports up 6.8%), following the sharp falls seen in the first half of 2020, as lockdown measures affected trade globally. Although growth ... More>>

UN Report: Civilian Casualties Surged After Peace Talks Began In Afghanistan

Monitoring by the UN Assistance Mission in Afghanistan, UNAMA, and the UN Human Rights Office has revealed that despite a drop in civilians killed and injured overall in 2020 there was a rise in civilian casualties following the start of peace negotiations ... More>>

Climate: UN Chief Lauds ‘day Of Hope’ As US Officially Rejoins Paris Climate Accord

The official return of the United States to the Paris Agreement on Climate Change represents good news for the country and the world, UN Secretary-General António Guterres said on Friday during a virtual event to mark the occasion. The US, under ... More>>

Focus On: UN SDGs

2021: Critical Year To ‘reset Our Relationship With Nature’ – UN Chief

During this time of “crisis and fragility”, the UN chief told the United Nations Environment Assembly on Monday that human well-being and prosperity can be vastly improved by prioritizing nature-based solutions. Painting a picture of the turmoil ... More>>

Paris Agreement: UN Secretary-General António Guterres To Mark U.S. Reentry With Envoy For Climate John Kerry

Watch live at UN Secretary-General António Guterres will join U.S. Special Presidential Envoy for Climate John F. Kerry at an event marking the United States’ reentry into the Paris Agreement this Friday. The discussion with the Secretary-General ... More>>

WeBeliev: Scoop In Conversation With Abhishek Sinha, Founder Of WeBeliev, An NZ Crowdfunding Platform

WeBeliev supports 17 SDGs, launching sector specific campaigns every month Q. What is WeBeliev and why did you start it? A. WeBeliev is a Singapore-registered crowdfunding platform aimed at fundraising for all the 17 Sustainable Development Goals (SDGs) ... More>>