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Bimp’s new platform blends game streaming, cryptocurrency, and DeFi into one ecosystem.
Launched this July, Bimp is a cryptocurrency project which includes smart contracts, non-rugpull features, a daily BNB claim reward system and NFT money backed by real tokens
According to Newzoo, a gaming and esports market analytics firm, the esports industry now generates $1.2 billion in annual revenue. A new market has opened up with businesses that are focused on putting on esports events and tournaments for other gamers.
Participation in these events has been limited by geography and the inability to make payments and receive prizes originating from other countries. This is where blockchain technology and cryptocurrency come in, with Bimp using them to organize tournaments fully enabled by the blockchain. These events give the participants an opportunity to join and receive rewards without having to share their personal information with the organizers.
BIMP recently held two tournaments in the Philippines, with the second attracting 3.6 million followers. They gained heavy promotion from influencers such as The Mustachio AJ, who is working with Bimp to produce the upcoming Maharajas of CODM BR. The group stages are to take place on Sept. 8-9, and Sept. 15-16, with the grand finals is on Sept. 24
Future plans for BIMP include entering the talent agency and financial technology industries, providing sustainable career opportunities for game streamers and possible revenue streams for other crypto projects and esports businesses. Bimp’s fintech-gaming model seeks to assist streamers and startup brand advertisers by exposing them to ready-to-pay crypto and game advertisers. Via Bimp Finance, advertisers will have a way to tap into hundreds of informal game streamers under a single platform.
Bimp Finance will give loan grants to eligible game streamers once they meet the minimum audience views, likes and shares. Once ad placements are displayed on their stream channels, the performance on views and engagement will be measured in dollars and will be used to deduct the loan given.
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