Nouns Esports has emerged as a unique player in the esports arena, particularly noted for integrating NFT and blockchain concepts into its operations. Their approach, blending traditional esports with the decentralized ethos of blockchain, has grabbed significant attention.
The organization’s fate for 2024 is currently in the hands of its community, following a proposal submitted to the Nouns DAO (Decentralized Autonomous Organization) on December 19.
Voting: The Heart of Nouns Esports
At the core of Nouns Esports’ philosophy is community-driven decision-making. Similar to their previous initiatives like the CS:GO team signing, Nouns DAO’s current voting process is crucial for determining their continued investment in various projects. Their esports endeavors have seen them assemble formidable teams across multiple games:
- Brawl Stars: Featuring Pekka, Firecrow, Mohtep, Rol, Quinaia
- CS:GO/CS2: Comprising Cynic, nosraC, MarKE, SEMPHIS, cJ, Bwills
- Dota 2: With Lelis, Gunnar, Fly, Stormstormer, Yuma, Astini
- SSBM: Showcasing Aklo
- Pokémon Unite: Including Adesu, Megumini, Yutao, Toonslim, Bruv, xBlaine
💡 Ever wonder what it costs to run a tier-one esports team?
Nouns Esports is back with our 2024 proposal, breaking down the numbers on how we fund our Dota, CS, Smash, and UNITE teams.
👇 Dive into our transparent model to see how we’re innovating in esports. pic.twitter.com/4R0fNEiRgL
— Nouns Esports ⌐◨-◨ (@nounsesports) December 19, 2023
Transparency and Financial Insights
Nouns Esports has broken new ground by openly sharing financial details – a rare occurrence in esports. The 2024 budget stands at a colossal 2,098,600 USDC, equating to over $2 million. The breakdown of this budget is as follows:
- Player & Coach Salaries: 1,118,000 USDC
- Support Staff: 471,600 USDC
- Operational Expenses: 419,000 USDC
- Prop House: 90,000 USDC
Voting Dynamics and Expansion Goals
The voting is not just a formality but a vital component of Nouns Esports’ expansion strategy. The project aims to remain player-centric, taking no cut from prize money and generating revenue through in-game purchases, merchandise, and brand collaborations like the Adidas partnership.
You might have noticed our players are wearing something different at The International
Thanks for the gear @adidas ⌐◨-◨ #TI12 #dota2 pic.twitter.com/H7oRZjLbRc
— Nouns Esports ⌐◨-◨ (@nounsesports) October 13, 2023
Can You Influence Nouns Esports’ Future?
Voting rights are exclusive to Nouns DAO contributors, requiring ownership of a Nouns NFT. The voting process, ending on December 23, shows a current trend favoring the proposed plans, with 35 votes for and only 8 against.
Conclusion: An Evolving Esports Landscape
Nouns Esports stands at a pivotal moment, as its community decides the path forward. Their innovative approach to financial transparency and community involvement in decision-making could set new standards in the esports industry.
The outcome of this vote will be a testament to the potential and sustainability of such a unique model in the competitive world of esports.