This month will see Play2Live (P2L) host a CS:GO tournament with a substantial cryptocurrency prize up for grabs.

8 teams will be battling it out for the prize worth $100,000 on 25th February, with the tournament marking the first time that CS:GO teams compete for non-cash winnings.

The innovative tournament will take place in Minsk, Belarus at the Falcon Arena and is due to be broadcasted on their site in 7 different languages: English, Korean, Spanish, Portuguese, German, Chinese and Russian.

7 out of the 8 participating teams have been invited, whilst the remaining team will earn a spot through a pre-tournament qualifier which is set to take place very soon.
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Streaming platform P2L will be paying the cash prize in their own cryptocurrency, Level Up Coin (LUC), the same token based system which they already pay their streamers and viewers with.

This is a smart move by P2L who are clearly looking to develop themselves as the dominant streaming platform when it comes to eSports.

The news of the tournament comes soon after Facebook’s recent attempts to step up their game as streaming rivals to YouTube and Twitch.

If the tournament is a success, which is looking highly likely, it could play a massive role increasing P2L’s popularity, especially as people learn about their attractive LUC system.
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P2L make it possible for both streamers and viewers to earn revenue, all of which is paid out in their LUC token system.

Streamers earn the cryptocurrency through typical fashion, whilst viewers are offered the chance to make money through watching advertisements, sharing bandwidth and taking part in various different tasks set by the gaming streamers.

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The streamers and viewers can then freely choose to convert the LUC into other cryptocurrencies, which can very easily be done, or alternatively, use the tokens to bet on live games as they happen.
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All in all, the service offered by P2L is very user friendly, innovative and interactive, and helps to integrate fans and gamers very well.

The eSports community will be eagerly watching come February 25th to see how their CS:GO tournament runs.

If all goes to plan, we could have a big new player on our hands when it comes to eSports streaming platforms.

List page image © Andrew Bell