The Esports Bubble Has BURST

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  • เผยแพร่เมื่อ 26 ก.พ. 2024
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    Esports (a market once blessed with meteoric growth) is now experiencing a well deserved correction as the bubble of bad habits, irresponsible spending and teenage delusion finally wear off.
    While the industry certainly has some sort of future, the mindless over-spending and hype driven losses have finally taken their toll on an industry that grew too big, too fast, and rightly deserved to fall.
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ความคิดเห็น • 739

  • @UpperEchelon
    @UpperEchelon  2 หลายเดือนก่อน +29

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    • @MikeBaia
      @MikeBaia 2 หลายเดือนก่อน

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    • @R_Rottluff
      @R_Rottluff 2 หลายเดือนก่อน +1

      So you going to look like an ass? VPN is a joke, doesn't protect you. Delete this comment again, Ill be block you

    • @R_Rottluff
      @R_Rottluff 2 หลายเดือนก่อน +5

      shill

    • @lmads8023
      @lmads8023 2 หลายเดือนก่อน +2

      Your video was poorly researched. Traditional sports dont follow a franchise model. American corporatism sports are franchises

    • @R_Rottluff
      @R_Rottluff 2 หลายเดือนก่อน

      @@lmads8023Original comment was deleted. VPN is a hustle. They don't do crap. Lets you visit other versions of sites. It doesn't protect you identity

  • @dante5526
    @dante5526 2 หลายเดือนก่อน +1286

    the real problem of esports is that game companies are trying to force it rather than leaving games to naturally rise up

    • @urphakeandgey6308
      @urphakeandgey6308 2 หลายเดือนก่อน +172

      THIS. As someone who mostly just played games to hang out with friends, I HATED the shift towards every multiplayer game trying to be the next "hardcore gamer eSports title" instead of just making a fun multiplayer experience. MW2 is the perfect example. That game was unbalanced and broken as all hell, but my lord was it fun. I'm so tired of meticulously balanced games that are just cheap cash-grabs for eSports money. Fuck eSports.

    • @attilamarics3374
      @attilamarics3374 2 หลายเดือนก่อน +62

      @@urphakeandgey6308 Today they advertise these games more for streamers, etc, and not for actual players. When I was younger, the competetive parts of the games were getting othe rguy to form a clan and then finding opponents. Nowdays its more like traditional sports. It designed so normal people just watch it.

    • @elLooto
      @elLooto 2 หลายเดือนก่อน +36

      They dont have time to wait. The lifecycle of a computer game is essentially zero.
      The lifecycle of an esports team is essentially zero.
      Theres no time to grow organically; no time for someone to become invested to the point where they buy a shirt.
      There are lifetime sports team followers they own team shirts going back decades, played 25 years ago as a kid, perhaps still play socially (ie in person) every tuesday night. Sports leagues have histories going back a century or more, and will almost certianly continue on for another century.
      Once you understand this will never happen around a computer game you understand that esports is a dumb idea at its core.

    • @fix0the0spade
      @fix0the0spade 2 หลายเดือนก่อน +37

      Of course, Starcraft, Quake III and Counter Strike's E-Sports scenes basically made nothing for their creators despite starting off entire industries. All the publishers are terrified of seeing that kind of massive popularity happening out of their control, so they've kept everything nailed down ever since and killed the E-Sports scene for just about every title since. The irony that it can only really happen by players playing the games and getting organised outside of the publisher's control seems to be lost on them.

    • @grzegorzbrzeczyszczykiewic8746
      @grzegorzbrzeczyszczykiewic8746 2 หลายเดือนก่อน +12

      Smash bros esports is the exact opposite and not having company's support creates its own share of problems.

  • @takeachance7557
    @takeachance7557 2 หลายเดือนก่อน +216

    I “worked” for a company that was starting esports leagues and after running events for them for about 3 months, they never paid anyone and subsequently fell apart.

    • @backlogbuddies
      @backlogbuddies 2 หลายเดือนก่อน +24

      My old hometown tore down our convention center to make an esports center. The only people who used it were the local FGC people until the city started to charge more. Then everyone went back to running tournaments at a random person's house. It was closed down and converted back into a convention center

    • @connoisseurofcookies2047
      @connoisseurofcookies2047 2 หลายเดือนก่อน +18

      I'd bet that most esports companies are fronts for gambling and money laundering operations, since it's obviously true for the major, highly visible players it must be doubly true for the minor, lesser known entities.

    • @carlito19934
      @carlito19934 2 หลายเดือนก่อน

      @@connoisseurofcookies2047 they would have to make profits to be able to launder money my guy can't be laundering when you make loss after loss after loss each year money laundering works by inputting dirty cash and then when the company makes profits that money is no longer dirty as it was made with the company if it takes 5 mil dirty operatingcosts for a company and that company then makes 4 million leaving you with a net loss of 1 mil you didn't launder anything you just lost a million dollars in order to launder money you'd have to make a profit

    • @evaone4286
      @evaone4286 2 หลายเดือนก่อน +1

      ​@@connoisseurofcookies2047without a doubt

    • @AtreidesT660
      @AtreidesT660 2 หลายเดือนก่อน +4

      ​@@backlogbuddies😂 The best possible outcome.

  • @DenethorDurrandir
    @DenethorDurrandir 2 หลายเดือนก่อน +248

    I miss when eSports was regular people making teams/clans and competing against eachother in a community of competitive players. When nations had one team that would represent them to fight other nation's teams, decided by competition not by hiring. As with everything, marketing and corporate assholes ruined it for the actual fans.

    • @evaone4286
      @evaone4286 2 หลายเดือนก่อน +6

      They gotta capitalize on everything nice

  • @urphakeandgey6308
    @urphakeandgey6308 2 หลายเดือนก่อน +414

    I think the worst part about eSports is the fact that devs try to design an "eSports title" because they think eSports games are easy lifelong money sinks. Instead of designing a fun multiplayer experience that organically creates a competitive scene, devs want to artificially create a competitive scene and capitalize off of it.
    Nah, take notes from Smash Melee. Outdated, broken, and busted AF, but still played religiously.

    • @Violent_Wolfen
      @Violent_Wolfen 2 หลายเดือนก่อน

      And the community is ass and has constantly been it's own worst enemy.

    • @Xazamas
      @Xazamas 2 หลายเดือนก่อน +10

      Dawn of War 3 and Evolve are examples of games that were at least partially ruined by this exact "cart before the horse" -mentality. Heroes of the Storm was much better compared to the previous two but also suffered due to Blizzard focusing too much on the e-sport aspect. That they had to suddenly drop years later, talents were in the middle of training regime when news hit that the entire season has been cancelled because it wasn't profitable. This specific controversy happened after the big Blizzard ones had already hit so it has kind of drowned out on the public consciousness.

    • @Wozza365
      @Wozza365 2 หลายเดือนก่อน +8

      I agree, something like CS built a scene organically, and because of that it's going to stick around for many years to come. But forcing esports into games like Overwatch was just a cringe and awful attempt to copy an NFL franchise structure. I can't see esports dying, it can be great fun to watch. But it will eventually retreat to a handful of games rather than so many attempting to get into esports and failing.

    • @ali32bit42
      @ali32bit42 2 หลายเดือนก่อน +8

      you can easily tell based on how the games are designed, No physics props. Boring Static lighting, no weather effects, no day/night cycle. usually no vehicles , no destruction. tight or restricted hallways or environments. No animated platforms or decorations that you can interact with. nothing interactive in general like doors or elevators. maps make no logical sense, no story telling or cut scenes.

    • @seebarry4068
      @seebarry4068 2 หลายเดือนก่อน

      How’d you mean, the pay to pray economy?

  • @Richard-Ikerd
    @Richard-Ikerd 2 หลายเดือนก่อน +658

    I don’t see the appeal of Esports since it’s ruined most competitive games

    • @AchedSphinx
      @AchedSphinx 2 หลายเดือนก่อน +94

      yeah, even quick play lobbies are ultra competitive. makes me miss the golden age of overwatch and 6 hanzos hoping for the best when they exited spawn. at some point with all the competitiveness you lose the fun.

    • @SergioLeonardoCornejo
      @SergioLeonardoCornejo 2 หลายเดือนก่อน +68

      Indeed. PVP games were better before they became sports. The eSports scene ruined fighting games in an unbelievable way.

    • @noah1535
      @noah1535 2 หลายเดือนก่อน +42

      ​@@AchedSphinx I will always hold the opinion that Overwatch was at its best and most fun state was basically when the game first launched, before the competitive mode ever existed

    • @jajasking9652
      @jajasking9652 2 หลายเดือนก่อน +6

      ​@@AchedSphinxsome fortnite lobies can be insane too, not maybe every player, but there's always 5-20 players that just don't miss a single bullet while being really good at building and editing

    • @Killahurtz260
      @Killahurtz260 2 หลายเดือนก่อน +4

      @LeonardoCornejo How exactly did it ruin fighting games?
      Lemme guess, the "fighting game" game you play is Super Smash Bros?

  • @Boomslayer19
    @Boomslayer19 2 หลายเดือนก่อน +582

    kind of hard to afford esports and streamers when i can barely pay for my food
    the way the economy is going this is not going to be the only bubble bursting

    • @evilisfun9935
      @evilisfun9935 2 หลายเดือนก่อน +96

      Totally agree. I have already switched to my library of old games and movies and dropped streaming services. It also didn't hurt that almost everything is boring at best or woke at worst.

    • @michaelheckman4468
      @michaelheckman4468 2 หลายเดือนก่อน +43

      Vote for Trump, gas was $2 under him and food was cheap

    • @planescaped
      @planescaped 2 หลายเดือนก่อน +52

      @@michaelheckman4468 That's a real 2+2=raspberries argument. >__>

    • @graham5990
      @graham5990 2 หลายเดือนก่อน +46

      @@planescaped IMO every politician plays for the same team.

    • @blowmeb4jacuzzi
      @blowmeb4jacuzzi 2 หลายเดือนก่อน +30

      ​@planescaped not really. Considering 2016-2020, we were self-sufficient in our own oil production and then 2020- current, we went back to relying on OPEC and the Saudis. Them some pretty distinct raspberries.

  • @JCRascal14
    @JCRascal14 2 หลายเดือนก่อน +413

    I hate e sports. Whenever a ton of money gets involved, it seems to corrupt whatever industry it is.

    • @KGBSpyGeorgeCostanza
      @KGBSpyGeorgeCostanza 2 หลายเดือนก่อน +32

      Capitalism baby 😎

    • @GayFurryFromSS
      @GayFurryFromSS 2 หลายเดือนก่อน +25

      Big amount of money corrupts everything. I'd even dare to say that any amount of money corrupt. It's an evil concept if you think about it

    • @eddief9254
      @eddief9254 2 หลายเดือนก่อน +25

      Yup just like pro sports, look how much gambling is involved now. No way pro sprots is 100% legit

    • @KGBSpyGeorgeCostanza
      @KGBSpyGeorgeCostanza 2 หลายเดือนก่อน +4

      @@GayFurryFromSS it is not surprising

    • @SirLoafin
      @SirLoafin 2 หลายเดือนก่อน +25

      Because greed isn’t punished. If you had physical and/or materialistic repercussions to greed everyone would think differently, but we don’t so it goes unchecked and corrupts everything you can put greed too.
      (Edit was adding /or as I felt my wording was a bit board and to me did seem slightly unfair to suggest both automatically as opposed to one or both depending on xyz.)

  • @Qwertyuiopasdfghjklzxcvbnm913
    @Qwertyuiopasdfghjklzxcvbnm913 2 หลายเดือนก่อน +135

    The hidden “trash” in the thumbnail😂

    • @eldavisfire
      @eldavisfire 2 หลายเดือนก่อน +5

      where is the letter "H"?

    • @Qwertyuiopasdfghjklzxcvbnm913
      @Qwertyuiopasdfghjklzxcvbnm913 2 หลายเดือนก่อน +6

      @@eldavisfire Its suppose to be the arrow i guess

    • @volvo09
      @volvo09 2 หลายเดือนก่อน +3

      Good eye, haha

    • @paragonca9736
      @paragonca9736 2 หลายเดือนก่อน +2

      I was wondering why the random red letters! Good eye

    • @dsagent
      @dsagent 2 หลายเดือนก่อน +1

      Good Find.

  • @fredhurst2528
    @fredhurst2528 2 หลายเดือนก่อน +64

    Activision/Blizzard's attempt to "create" a global sensation around Overwatch E-sports is the prime example of what went wrong. Anything in fan ship that you have to buy will be ephemeral.

    • @MrAerohank
      @MrAerohank 2 หลายเดือนก่อน

      It didn't help that overwatch just wasn't fun to watch from a team PoV. Watching 1st person streams was fine, but there is just too much going on when trying to watch 2 whole teams duking it out.

  • @roborob347
    @roborob347 2 หลายเดือนก่อน +58

    eSports was better off as passion projects by true fans of the games. It's now become a lifeless corporate shell

  • @themeanmachine84
    @themeanmachine84 2 หลายเดือนก่อน +153

    This is actually great news. Maybe people will stop sweating and cheating so much and the games will be fun again. I could not care less about "esports".

    • @noscopesallowed8128
      @noscopesallowed8128 2 หลายเดือนก่อน +18

      I doubt that'll ever happen unfortunately. Competitiveness is a mental trait, not a byproduct of game design. Yeah, you can design games to favor casual or competitive, but there will always be people who take casual games way too seriously.
      Your real hope is in PVE games like Helldivers or Deep Rock Galactic. In my opinion...

    • @alyasVictorio
      @alyasVictorio 2 หลายเดือนก่อน

      ​@@noscopesallowed8128and also The Finals too. 3 live service games done right.

    • @qu1253
      @qu1253 2 หลายเดือนก่อน +5

      ​@@noscopesallowed8128Sadly, people will kick you in Helldivers for not running 'meta' loadouts.

    • @noscopesallowed8128
      @noscopesallowed8128 2 หลายเดือนก่อน +4

      @@qu1253 I just heard about this. Oh well. Host your own lobbies or play with friends I guess.

    • @cholamais-cj1wh
      @cholamais-cj1wh 2 หลายเดือนก่อน +3

      @@noscopesallowed8128 Dumb argument. taking away SBMM alone would do wonders. Games used to be fun even with the try hards on some matches.

  • @lurkingreplyguy
    @lurkingreplyguy 2 หลายเดือนก่อน +20

    It went south when they started to call it an "industry"

    • @realistic_delinquent
      @realistic_delinquent 2 หลายเดือนก่อน +1

      It went south when it failed to convince 85% of its core audience that it had merit as a spectator experience.

  • @SirNilooo
    @SirNilooo 2 หลายเดือนก่อน +93

    It’s been a long time coming to be honest. Whats left are the gamers who are making money their own way through their platforms.

  • @shadowbanned4606
    @shadowbanned4606 2 หลายเดือนก่อน +48

    4:03 incogni "Give us your data and pay us so we can "protect you."

  • @Jumbleman5
    @Jumbleman5 2 หลายเดือนก่อน +62

    I've attended pro CS and Overwatch tournaments at Barclay's Center in New York. The experience of watching Esports live is bad. You're just watching the same screen that is being seen streaming online, just on a big monitor that you're really far away from. It would be great if you could watch over the shoulder of all of the players to actually see them performing, but that is totally impractical. Esports will never be as fun to watch live as athletic sports if you can't see the players playing.

    • @urphakeandgey6308
      @urphakeandgey6308 2 หลายเดือนก่อน +22

      This is a big thing that I never understood about eSports, especially the live viewing of it. One possible way they could improve the experience is by letting paid members enter "theatre mode" for the game. These players can then spectate the game as they please and freely roam around. A much more interactive experience to spectating the game.
      Problem is, they probably won't do this due to how easy it would be to cheat.

    • @Jumbleman5
      @Jumbleman5 2 หลายเดือนก่อน +10

      @@urphakeandgey6308 That's a good thing to mention. I know that CS and Dota 2 both had ways to spectate pro matches through the game client. It lets you spectate exactly where and what you wanted while also integrating color commentary from the streams at the same time. Being in the room live actually gave people LESS ability to see the game.

    • @elLooto
      @elLooto 2 หลายเดือนก่อน +6

      @@urphakeandgey6308 This. watching 8 or 10 guys sitting down is exceedingly dull.

    • @AchedSphinx
      @AchedSphinx 2 หลายเดือนก่อน

      @@urphakeandgey6308 interestingly enough, this would be a strong selling point that's unique to gaming. but i really don't know how you'd get the interactivity to work super well.

    • @DuskSkullin
      @DuskSkullin 2 หลายเดือนก่อน

      Idk I disagree with this after the siege tournament personally. Got me wanting to play siege again.

  • @b.w.s3165
    @b.w.s3165 2 หลายเดือนก่อน +118

    This surprises absolutely nobody who'se hobbies include videogames.
    ESPECIALLY esports fans or people who used to play competitive pvp sweatfests like CSGO a lot before quitting them for good because they're just a waste of time, stress and mental health.
    Source: Am one of 'em. Quit CSGO for good over half a decade ago and never looked back, shortly followed by any other PvP games because I just realized I'm not having fun even when winning and the community is slowly dragging anyone down to their level of toxicity (except in rare cases where people actually have very thick skin OR the game is designed in such a way that losing/getting killed still allows for fun in some way)
    My sanity only improved since lol.

    • @dankmemes8254
      @dankmemes8254 2 หลายเดือนก่อน +5

      League of legends was genuinely the only game that gave me a cute headache and i am not even high elo that game i peaked gold which considered average my tip for games especially PVP ones is if it not fun why bother

    • @jacpas2012
      @jacpas2012 2 หลายเดือนก่อน +6

      Also the 3rd party software that other “pros” will use to stay competitive. At that point just host a cheating only match.

    • @soundrogue4472
      @soundrogue4472 2 หลายเดือนก่อน +5

      @@jacpas2012That happens in every scene though; human players can only get so good so better equipment gets involved; hell in the Olympics as an example; some clothing brands just because the way they're designed give such a huge advantage (3 to 5%, a lot for a pro but not for your average) that said clothes had to be banned. For Smash Bros Melee custom 300 dollar USD controllers had been used to keep competitive.

    • @forkpuncher
      @forkpuncher 2 หลายเดือนก่อน +3

      you hould pick up pickleball for PvP. I only play single player video games now.

    • @soundrogue4472
      @soundrogue4472 2 หลายเดือนก่อน +1

      @@forkpuncher Oh yes Pickleball the sport for old men.

  • @spazma_
    @spazma_ 2 หลายเดือนก่อน +22

    I am not surprised by this. Richard Lewis, Esports veteran, saw the cracks in the bubble forming years ago before anybody else in the Esports scene.

  • @JoseHerrera-pd6vv
    @JoseHerrera-pd6vv 2 หลายเดือนก่อน +43

    Grass roots always makes a more robust scene, its why the FGC has and will continue to endure. Even when all those investors and "partners" pull out, it's the real soldiers who truly love what they play that will keep things going and the FGC alive.

    • @Violent_Wolfen
      @Violent_Wolfen 2 หลายเดือนก่อน +4

      Maybe, but the FGC is also a house of cards.

    • @Phurzt
      @Phurzt 2 หลายเดือนก่อน +6

      ​@@Violent_Wolfensome organizations, yes, others in the fgc, no. Like the original comment says, even if all the money was pulled out of the FGC overnight, tournaments, streams, local meet ups, and countless online matches will still happen because many are run by players themselves who allready accept there is no real profit in it.

    • @backlogbuddies
      @backlogbuddies 2 หลายเดือนก่อน +6

      I have gone to a dude's house I've never met before to compete in a street fighter tournament where the pot was $20+ a case of beer. There were like 30 of us in that dude's house.
      I've never heard of anyone inviting complete strangers over to play in a local tourney for any other genre

    • @thiccactus
      @thiccactus 2 หลายเดือนก่อน +2

      Yep, thats also why Starcraft and Counterstrike still have pro scenes while games like Overwatch fizzled out even with companies throwing millions of dollars at them.

  • @roufdrapht
    @roufdrapht 2 หลายเดือนก่อน +111

    Esports should be like 20 people in an empty classroom fighting for bragging rights

    • @longrobosa-kfpawacs9051
      @longrobosa-kfpawacs9051 2 หลายเดือนก่อน +7

      This version of esport exist but only in middle school and highschool

    • @notfred9098
      @notfred9098 2 หลายเดือนก่อน +1

      If there's 20 people in a classroom, is it empty?

    • @revivedkyoumahououin1585
      @revivedkyoumahououin1585 2 หลายเดือนก่อน +2

      ​@@notfred9098he probably meant empty in regards to the audience.

  • @Asmodeius
    @Asmodeius 2 หลายเดือนก่อน +28

    i'm glad it's collapsing. gaming was always about having fun after hard day at work. but due to e-sports, elitism sprouted, developers stopped focusing on fun in game and instead make everything super skill dependent and etc.

    • @revivedkyoumahououin1585
      @revivedkyoumahououin1585 2 หลายเดือนก่อน +2

      Seems like you have a skill issue there buddy

    • @Asmodeius
      @Asmodeius 2 หลายเดือนก่อน

      yeah like you have no life issue. @@revivedkyoumahououin1585

    • @luiso2166
      @luiso2166 2 หลายเดือนก่อน

      ​@@revivedkyoumahououin1585seems like you're a hard sweat who barely has fun and wants to get noticed.

    • @propheinx2250
      @propheinx2250 2 หลายเดือนก่อน

      ​​@revivedkyoumahououin1585 seems like you have control issues there, buddy.

  • @dustypirate28
    @dustypirate28 2 หลายเดือนก่อน +46

    The DotA TI bubble burst a few years ago when Valve realized the battle pass, loot crate, crowd funding system had its days numbered due to waning interest and increasing legislation against micro transactions . It’s for the better since Valve is to greatly blame for the explosion of all other companies utilizing those forms of micro transactions after their success in DotA and CSGO, and the industry moving away from producing worthwhile content.

    • @soundrogue4472
      @soundrogue4472 2 หลายเดือนก่อน +7

      Valve still has these microtransaction systems done THE BEST though. You can earn free items in games, getting crates for free, free items for TF2 with even some cosmetic items you could earn and having the enticing strange effect occur if you take a spin at the slot machine. The rest of the industry did a pale imitation even with the fact you can actually TRADE items with friends!

    • @knightdtd
      @knightdtd 2 หลายเดือนก่อน

      @@soundrogue4472 Valve did the best when they started but got progressively worse and worse over time. Back then you could even earn real money by playing in game events to get items and sell through marketplace. Now pretty much everything you get is untradable, unmarketable, an event is basically paying them more money than usual for more worthless trash. They milk players dry with their battle passes for years then pretend to be on the moral highground when they stopped, but really it's just because the sales were already dropping hard.

    • @tonypeperoni5818
      @tonypeperoni5818 2 หลายเดือนก่อน +1

      valve isnt greatly to blame its microsoft blizzard and activision who can easily be blamed valves expoits were very tame in comparison

  • @davidgreen5994
    @davidgreen5994 2 หลายเดือนก่อน +32

    It failed, because the suits entered the 'discord'. The suits who know nothing about games, or care about gaming, and just want to make a lot of money, smelled the potential and instead of letting it grow organically, they tried to force it to grow in the Super Bowl for nerds in a couple of years, and dreamed to make billions. And due to ridiculous costs, nobody made anything. Is just dumb... Esports will continue to be a thing, but unless is left alone to grow at it's own pace, it won't become Super Bowl.

  • @TooSweetMeBro
    @TooSweetMeBro 2 หลายเดือนก่อน +14

    E-Sports was never something we needed the only reason why it exist is for the video game industry to monetize it nothing more nothing less.

  • @pvalpha
    @pvalpha 2 หลายเดือนก่อน +13

    Every time someone says: "This is the next BIG thing!" I chuckle and walk away. Usually if the promise is so overinflated then the fall will be epic. Nothing that easy is worth much.

  • @vvitch-mist20
    @vvitch-mist20 2 หลายเดือนก่อน +39

    Money and gaming don't mix. Like any form of art, or expression money will kill it.
    edit: People wanna act like poor people are bad with money, but if my company was worth over a billion dollars, there is no way I would fuck that up only a short time later. Like that drop is insane.

    • @A.Froster
      @A.Froster 2 หลายเดือนก่อน +8

      Not trying to be mean but billion dollars established Companies losing a lot of value over a short time isn't that rare , mostly because "experts" in the sector make the dumbest and greediest decisions ever. The eSports market instead was doomed from the start

    • @vvitch-mist20
      @vvitch-mist20 2 หลายเดือนก่อน +2

      @@A.Froster
      I never said it was rare. I said that couldn't be me lol.

    • @superking___
      @superking___ 2 หลายเดือนก่อน +2

      They aren't "losing" a billion dollars as in misplacing it or wasting it. Investors are willing to pay collectively a billion dollars for shares of the company and then when economic factors change and hype dies down they are no longer willing to pay that much. It's more of a miraculous thing that something that is ultimately not worth very much could be valued at a billion dollars.

    • @Katt1n
      @Katt1n 2 หลายเดือนก่อน

      You are completely clueless and you definitely would fuck that up in a short time later. Thanks for further proving the correlation between intelligence and wealth.

  • @tetryl1
    @tetryl1 2 หลายเดือนก่อน +17

    I've been kinda waiting for this from about 2017 on when I realized that e-sports is never going to actually make money. Got no idea how and why certain institutions have been so willing to burn money for so long.

  • @TraTranc
    @TraTranc 2 หลายเดือนก่อน +25

    And about sweet fucking time it did.

  • @Pulmonox
    @Pulmonox 2 หลายเดือนก่อน +7

    And I couldn't be happier.
    I DETEST what eSports has done to the hobby on every front. From game development MO to the way players treat competition to unnecessary leaderboards and achievement challenges.... It's all so tiresome.
    Let it burn. I'm fine with grass-roots events and tournaments, but when companies tried to PUSH this crap and deliberately develop a game specifically to buy into the eSports market it just ruined so much.
    I still remember how fun Overwatch used to be. I haven't played it since 2019.

  • @timstone2813
    @timstone2813 2 หลายเดือนก่อน +62

    Good, what a waste of money.

  • @Hoenir
    @Hoenir 2 หลายเดือนก่อน +9

    Thank god this whole NFL, FIFA wannabe Esports bubble is gone.

  • @sush7117
    @sush7117 2 หลายเดือนก่อน +7

    btw Russia suddenly decided to become e-sports hub as well. Just a few days ago Putin personally attended big international e-esports event in Kazan. It's been only few month since some goverment official blamed games for teenage crimes and now we have that. It's like fever dream

    • @SacredCASHcow
      @SacredCASHcow 2 หลายเดือนก่อน

      oh so the corrupt, shithole country managed to do one thing that well and I'm supposed to clap?

    • @HopelesslyCritical
      @HopelesslyCritical 2 หลายเดือนก่อน +3

      Politics.
      As for event, I heard that they had specific categories, like Strategy, Tactics etc, and combined gaming with other activities?

    • @julianojosoa2145
      @julianojosoa2145 2 หลายเดือนก่อน

      Well Russia won it all the past years ! With Team Spirit winning The International 2021 (DOTA2), they highest prize money in eSports history and then wining it again two years later. Plus, they are doing well in CSGO, it's eSports has become a true carreer path for young Russians. And this video is wrong at one point. It's only the NA scene that's collapsing not the Western eSports scene. And he's talking more about LoL and Overwatch because those are the ones that do Franchising. Meanwhile CS and DOTA seems to be do the same or a bit better with ESL, PGL, and other TO

  • @joshuaDstarks
    @joshuaDstarks 2 หลายเดือนก่อน +10

    You sure this didn’t already happen a while ago?
    I haven’t heard anything about esports in forever…outside of NFT controversy.

  • @steffenbryde7957
    @steffenbryde7957 2 หลายเดือนก่อน +11

    Complete annihilation!
    Just like my personal economy.

  • @whizzdom6923
    @whizzdom6923 2 หลายเดือนก่อน +4

    It's riddled with cheats it's never going to be taken seriously until they clean it up.

  • @asmkalrizion7078
    @asmkalrizion7078 2 หลายเดือนก่อน +10

    One of the main issues with Esports is its shortlived life cycles, its not like we're coming out with a new Football every 3 years,
    And because you can get an identical, if not *better* experience by just watching a streamer.
    And with the Esports audience being both split up between so many different games *and* constantly flowing from one game to another, its hard to actually establish an Esport without a big financial backer picking and choosing winners by popularity rather than functionality

    • @kenn1116
      @kenn1116 2 หลายเดือนก่อน +4

      Agreed I like watching Star craft 2 my brother likes watching Street Fighter. The 2 don’t intersect. . My brother works for an esports company as well and from time to time I bring up the elephant in the room to him, how does it make money?

  • @Bvic3
    @Bvic3 2 หลายเดือนก่อน +5

    In France, Zerator (former SC2 player and commentator) is organising massive shows with 20k people paying 100-200€ for entry to spectat a Trackmania funny joke tournament.
    His esports events company is profitable. Viewers are willing to pay for high rock star shows in person.

  • @crashtestdummy7223
    @crashtestdummy7223 หลายเดือนก่อน +1

    The giraffe marching across the yard always keeps me here until the very end of the video. I love it, and I find its usage to be very clever. I hate it when some creators beg for comments or falsely claim to care about what people have to say in the comments. Yes I know engagement is critical to revenue but 90% of creators lack any subtlety, any art to it. Your giraffe keeps people here to the end without having to ask for it, and I love that. Well done.

  • @lasskinn474
    @lasskinn474 2 หลายเดือนก่อน +11

    the esports value is in selling the game. on the flipside participating in what counts as esports is incredibly accessible and cheap, compared to anything like hockey or such hobbies that have a high buy in price(equipment, team fees in junior level, transport) and are only accessible if your parents have plenty of $$$(said parents may think they have plenty of money but reality is that little Truong from vietnam and bimmy from compton effectively can both enjoy fortnite or quake or whatever it is they choose to play.

  • @mtoffo2275
    @mtoffo2275 2 หลายเดือนก่อน +4

    People like you are giving traditional journalism a run for their money. Great job

  • @ORMONDROPON
    @ORMONDROPON 2 หลายเดือนก่อน +4

    I am a HUGE gamer, played competitive and ranked extremely high in several games, and I have always said there is ZERO potential in E-sports.

  • @davidc1878
    @davidc1878 2 หลายเดือนก่อน +3

    Can't say I am surprised. Esports essentially grew up in the bubble era (late 1990s to the present) and what we are seeing over the last decade is that those bubble are bursting or have burst. The last two decades have been fuelled by massive debt creation and artifically low interest rates. Many tech industries (smartphones, social media, crypto) all were born in the bubble years. Now, the global economy imploding and I fear there are going to be a lot of negative effects across the tech industry, with esports just being one of the many casualties. Thanks for the video!

  • @kaleiohulee6693
    @kaleiohulee6693 2 หลายเดือนก่อน +7

    I seriously question the wisdom of esports investors and I always suspected they were being scammed by game companies like Blizzard. They were being sold a complete fantasy of founding the next NFL or something but with no control over the game it was being based on. The leaked contracts sounded ridiculous, pushing profits for investors out a decade and almost all of the money going to the game companies first.

  • @Tory-JJ
    @Tory-JJ 2 หลายเดือนก่อน +13

    whats with the porn bots lmfao

    • @volvo09
      @volvo09 2 หลายเดือนก่อน +5

      TH-cam loves them...

    • @Freddie7191
      @Freddie7191 2 หลายเดือนก่อน +7

      TH-cam's too busy making sure their service doesn't work for adblock users.

  • @LukeForPuns
    @LukeForPuns 2 หลายเดือนก่อน +3

    Too bad most corporate promotion was artificial from the get-go. Saw a bunch of large companies with hyper-inflated PR and advertising budgets try to wave a magic wand and hope for the next CS-GO or Melee, but for normies who don’t really care about games. I wonder if they got that idea from the Wii era…

  • @danielclark-hughes692
    @danielclark-hughes692 2 หลายเดือนก่อน +14

    Oh no!
    Anyway...

  • @karansainiscmhrd
    @karansainiscmhrd 2 หลายเดือนก่อน +2

    Sadly what comes after the fire will not be different coz most organizations don't learn from their mistakes.

  • @SaiyanInTraining
    @SaiyanInTraining 2 หลายเดือนก่อน +4

    I feel like an aspect that doesnt get brought up much is the fact that its incredibly easy to play games. Its hard to get a group together to play football or baseball. A esports customer has to actively not be playing the game they enjoy to watch others play instead.

    • @davidrenton
      @davidrenton 2 หลายเดือนก่อน +2

      i think you have a point, and most gamers could'nt give a rats backside about E-Sports, generally seems quite tedious, and as you say i would rather play CS than watch it

    • @propheinx2250
      @propheinx2250 2 หลายเดือนก่อน

      That's how I feel about let's plays. Why tf would I watch some twat play a game when I could just play it myself and enjoy the spent time more?

    • @Saltience
      @Saltience หลายเดือนก่อน

      Ehh I don't think this is the issue. eSports and Sports as a whole trade on spectacle: watching absolute masters take something you love to its limits. Problems arise when you stifle those masters into say bad tournament structures and other things that hamper their ability to excel.

    • @davidrenton
      @davidrenton หลายเดือนก่อน

      @@Saltience i think the problem is if you say play , like football you are gonna watch the World cup and pretty much any significant sporting competition, i don't think that applies to gamers, most games have zero interest in E Sports, don't follow it.
      If E sports has the problem with attracting people who actually enjoy video games, its got zero chance to do so who don't.
      The idea E Sports would be in the Olympics for instance is ludacrious , E Sports appeal is niche and that's where it's problems lie

    • @Saltience
      @Saltience หลายเดือนก่อน

      @@davidrenton I would argue that the problem isn't that eSports is too niche, but that the major eSports games aren't fun enough to watch.
      Valorant and Overwatch put me to sleep.

  • @hippieash2799
    @hippieash2799 2 หลายเดือนก่อน +2

    I say this often: you can make a fun game be competitive, you can’t make a competitive game fun

  • @tmacnavyseal4789
    @tmacnavyseal4789 2 หลายเดือนก่อน +8

    the money ran out that's why its dead

  • @TBoneTony
    @TBoneTony 2 หลายเดือนก่อน +3

    This is the reason why E-Sports needs to be fan made and fan run by people who are passionate about their enjoyment.
    I don't like it when large companies try to fund E-Sports and infiltrate rules that go against the fandoms.

  • @ChazDragoon
    @ChazDragoon 2 หลายเดือนก่อน +28

    I hated E-sports from day 1...probably one of the few times I would agree with Sports Radio's sentiments about it at the time. (I worked at a radio station w/ multiple sports stations).
    And my opinion only got vindicated as I saw the same sort of controversies and drama present in the NFL show up in e-sports.
    It's yet another example, to me, why anything gaming related should be in the hands of people who love and play video games. Not these out of touch suits looking to profit off OUR hobby and communities.

  • @cramsa
    @cramsa หลายเดือนก่อน +2

    I grew up playing quake 2,3, counter strike etc and I was NEVER interested in seeing other people playing games on streaming etc and the idea of a “professional” gamer is straight up laughable.
    When you take the fun out of it and try to monetize everything about it, it becomes LAME.

  • @dsfs17987
    @dsfs17987 2 หลายเดือนก่อน +1

    so they essentially traded false advertising for fake money backed by nothing but greed

  • @TZanatta
    @TZanatta 2 หลายเดือนก่อน +4

    You know it's gonna be a banger when he begins with "Alright..."

  • @codaman127
    @codaman127 2 หลายเดือนก่อน +1

    This is what happens when companies try to capitalize on people's love for the sport found in good games, by missing the point in making sports for games.

  • @krislynn5965
    @krislynn5965 2 หลายเดือนก่อน +2

    I never got in to the FOMO mindset. Thank god. I think esports has done just as much damage as its done good. I'd rather it go away completely than it continuing in its current state.

  • @misterkefir
    @misterkefir 2 หลายเดือนก่อน +1

    Peak e-sports was and still to this day remains the 1999-2015 era Brood War/LoL circuit under OGN and MBC. We are never getting to this level again. No way.

  • @jakkuhl6223
    @jakkuhl6223 2 หลายเดือนก่อน +1

    A few years ago I was in a Beedubs and they had a Dota 2 tourney on one kf the TVs. It was at that moment that the absurd cringe of it all hit me like a surprise baseball bat to the face.

  • @battlion507
    @battlion507 2 หลายเดือนก่อน +1

    I recall a time when a hometown basically outsourced their e sports team to compete.

  • @planescaped
    @planescaped 2 หลายเดือนก่อน +3

    I watched LoL E-sports for a few years despite having never played the game and having no intention ever to, but stopped watching about 4-5 years ago.
    Once I saw the bottom rank Korean team go to win the entire world championship just because of a patch, it really took away the wonder of it all. If a patch can so drastically and fundamentally change everything to the degree that last place becomes first, and the dominant team becomes middle of the road, then wtf is the baseline? How much does skill actually matter and how much of it is dictated by arbitrary balance tweaks?
    Once I realized the level of randomness and inconsistency in E-sports I kinda lost interest.

    • @williamdrum9899
      @williamdrum9899 2 หลายเดือนก่อน

      LoL, aka Korean Football

  • @PhillKaggitz
    @PhillKaggitz 2 หลายเดือนก่อน +2

    Glad to see that gaming is healing. We just need to get rid of the tourists and we should be okay.

  • @dsagent
    @dsagent 2 หลายเดือนก่อน +1

    Whenever goty awards so up they have all these Esports categories and most people recognize no one.

  • @tianx9275
    @tianx9275 2 หลายเดือนก่อน +2

    They are there to grab money and because of that, there is a lack of complete thought process to capture the fan base for long term but then again, that's pretty much everything nowadays, ain't it? Just quick in and out and when everything fails, pull out.

  • @praisejeebus7544
    @praisejeebus7544 2 หลายเดือนก่อน +4

    I wont lie, im wicked happy about this. Now i might be able to play titanfall or mortal kombat without some random no-lifer coming in and spawnkilling me on loop or juggling me like pins at the state fair.

  • @ttpechon2535
    @ttpechon2535 2 หลายเดือนก่อน +1

    I can't believe how marketing has woven its way into absolutely everything. You can't do or look at anything without marketing being a huge part of it.

  • @GeorgeCowsert
    @GeorgeCowsert 2 หลายเดือนก่อน +1

    All a company has to do is say to the community: "Find a way to make a competitive interpretation of our game profitable. Those that qualify will get a brief funding injection and then observed for changes in stability. The best format will be officially endorsed and adopted."
    There! A relatively low-risk way for a company to invest in Esports. It's so simple.

  • @EcardEcardian
    @EcardEcardian 2 หลายเดือนก่อน +1

    I didn't even know esports had a bubble in the first place.

  • @Jitterzz
    @Jitterzz หลายเดือนก่อน

    @1:49 “corrupt partnerships” is a great way to explain it. There’s a lot of business deals that favor major teams or regions, and then there’s scenes like Smash where it’s all nepotism and favoritism.

  • @CommanderBohn
    @CommanderBohn 2 หลายเดือนก่อน +2

    Good. Maybe now gaming will heal as well we'll get ACTUAL multiplayer tournaments that are organic.

  • @the1player636
    @the1player636 2 หลายเดือนก่อน

    “for the sake of time, i have to keep it trimmed” that was a full minute of an advertisement that uve talked about before.

  • @VerdadTruth
    @VerdadTruth 2 หลายเดือนก่อน +1

    Who remembers when the first Assasins Creed came out? Or the first Jak and Daxter? The first Destiny? The first Halo? What happened to our games? WE DEMAND MORE!

  • @mawnkey
    @mawnkey 2 หลายเดือนก่อน +1

    Having helped out the CPL a bunch in its early days and seen how it *never* had any hope of becoming a viable place to work, I'm entirely unsurprised the whole scene is now failing.

  • @acetechnical6574
    @acetechnical6574 2 หลายเดือนก่อน +3

    Good stuff, this is why I sometimes like UE!
    Next up, a fact-free paranoid warning about the dangers of hydroxylic acid, which our kids are ingesting on a daily basis!!!

  • @bootyjenkins1265
    @bootyjenkins1265 2 หลายเดือนก่อน +3

    Im not interested in watching a bunch of guys who don’t bathe play videogames on a stage.

  • @Alexandragon1
    @Alexandragon1 หลายเดือนก่อน

    Thx for the video!

  • @thismissivemisfit
    @thismissivemisfit 2 หลายเดือนก่อน

    The early 2010's there was A LOT of hype about e-sports in my country. Sure, there were local teams who competed internationally and made a name for themselves, but nobody, including government agencies, saw potential in them beyond that. Imagine how much strategic thinking talent and teamwork these people have, they could have levelled up industries to boost the local economy.

  • @its_notta_cedar
    @its_notta_cedar 2 หลายเดือนก่อน

    I knew this was a bubble when I met a guy in 2019 going to college to manage esports.

  • @watsonwrote
    @watsonwrote 2 หลายเดือนก่อน

    My last year of college, my tiny public university wanted to create an eSports team and was seeking feedback from the students. I wrote a passionate letter about how the industry was exploitative, irresponsible, and didn't have a stable future. Wasting our university's limited resources was a bad move, and would waste students' precious time and energy only to put them in a toxic, unhealthy industry. They promptly ignored criticism and made the eSports team anyway. It's been a few years but the industry has only gotten worse. I know I was right and it was not a good idea to make the team.
    It's not even like "oh video games bad!" fearmongering. Esports as it currently exists is not worth it.

  • @uncertaintyunravelled8273
    @uncertaintyunravelled8273 หลายเดือนก่อน

    This is less eSports and more the massive hype and excitement that filled up the investment markets

  • @davefawcett4894
    @davefawcett4894 2 หลายเดือนก่อน +1

    Well done as usual

  • @df71091
    @df71091 2 หลายเดือนก่อน +7

    SBMM kills the fun , just wanted to point that out

    • @funkymunky7935
      @funkymunky7935 2 หลายเดือนก่อน +1

      You might have a point if I knew what SBMM is

    • @HopelesslyCritical
      @HopelesslyCritical 2 หลายเดือนก่อน +1

      ​@@funkymunky7935 Skill based matchmaking

    • @ttpechon2535
      @ttpechon2535 2 หลายเดือนก่อน

      Sort of. Atleast in my experience, games tend to be less fun without it. I'm not good at any competitive games, so when I try to play one without SBMM, I get utterly destroyed and quickly loose interest in the game. I can see wanting to get better being a driving force to keep playing, but I really don't care enough to spend hundreds of hours on a specific game. Idk, just my pov.

  • @defundhollywood3259
    @defundhollywood3259 2 หลายเดือนก่อน

    I miss carting my whole PC over to someone else's house for a LAN party. 😭 And I'm not even any good at video games!!

  • @Yezpahr
    @Yezpahr 2 หลายเดือนก่อน +1

    My favorite fact/sanity checking channel, I internally call this channel the Factspitting Hour.

  • @sulphurous2656
    @sulphurous2656 2 หลายเดือนก่อน +1

    And it's about time. E-'Sports' has been a massive blight on the world of video games. They've been trying to turn it from a hobby/art/fun experience into a faux full-time job/career.

  • @lamplight9871
    @lamplight9871 หลายเดือนก่อน

    A ton of companies are in trouble because they are whatever glut they made and either dumped their chances by trying to sell garbage or devoured the surplus cash they made out of pure greed.
    This crap is happening everywhere.

  • @N00ffense
    @N00ffense 2 หลายเดือนก่อน

    I love how the ancient Age of Empires 2 actually has it's tournaments in full bloom because the community pours all their hard work and love into it, while all these "AAA" games with their top to bottom approach all end up as stranded whales.
    Power to the people.

  • @Asrtyulg
    @Asrtyulg 2 หลายเดือนก่อน +1

    Age of empires 2 is at its peak! We just had a tournament with 50k base prizes and another 20k in community sponsored prize donations. For 16 players. Oh and the qualifiers had a $9,999 prize pool where everyone got at least something.

    • @Asrtyulg
      @Asrtyulg 2 หลายเดือนก่อน

      And honestly, the tournament itself was so fun to watch and the gameplay was fantastic. 'Hidden Cup 5' if you want to check it out

  • @SinnerChrono
    @SinnerChrono 2 หลายเดือนก่อน +1

    I never watch pro teams. I find it boring to watch competitive gaming. Why watch what i can play?

  • @stevenglowacki8576
    @stevenglowacki8576 2 หลายเดือนก่อน +1

    I'm surprised there's no mention of match fixing. I was really surprised recently when I heard about some match fixing scandals in e-sports, and apparently they've been happening for quite a long time. When the players aren't paid all that much compared to the money that can be thrown around by gambling syndicates, it's going to happen.

  • @FallicIdol
    @FallicIdol หลายเดือนก่อน

    Nothing of value will be lost

  • @flavourfulz8147
    @flavourfulz8147 2 หลายเดือนก่อน +3

    Esports died long time ago, in fact only time competitive gaming was even good was when it was niche , back in Counter strike source days, and Lan parties was a real thing 2001 to 2009, the audience for esports is not big, its overinflated numbers, and most people just don't care who are involved in gaming, you can ask average gamer about favorite esports team and 90% of them don't have one and mostly comes down to not knowing any, and now companys like blizzard with OW crap wanna push it ect in a market that no one cared for and yeah let it die, whole thing was cringe af to begin with, it should be niche and small.

  • @nicolinrucker5181
    @nicolinrucker5181 2 หลายเดือนก่อน

    The thing to understand about Esports is that Riot, the company, has only ever lost money comparing the money spent on Esports to the money generated for Riot by Esports.
    For Riot, Esports is marketing, not profit. League of Legends Pro Teams often ARE profitable, but a decent chunk of that is Riot subsidizing them directly.

  • @kwahn106
    @kwahn106 2 หลายเดือนก่อน

    Speedrunning is how you build a community - by letting people who care group up to make something awesome

  • @augustwolf9250
    @augustwolf9250 2 หลายเดือนก่อน +1

    Can’t believe I’m 21 watching trash esports come to an end, I always thought it would last longer

  • @Kat1kat2024
    @Kat1kat2024 2 หลายเดือนก่อน +5

    While EVO is still going strong and better

    • @Violent_Wolfen
      @Violent_Wolfen 2 หลายเดือนก่อน

      After 2020 almost killed it.

  • @kaw8473
    @kaw8473 2 หลายเดือนก่อน

    It's tragic to see such a nobel industry go down in the flames of get rich quick schemes and corporate penny pinching.

  • @ValenceFlux
    @ValenceFlux 2 หลายเดือนก่อน

    I remember maybe 2001 I was invited to some pro Quake 3 matches and the first thing I asked was how does everyone prove who they are anyway. I really didn't believe any of it was going anywhere but it was very interesting to experience that early online competitive gaming scene. I actually scrimmed with a popular player that had his face printed on a motherboard package I was laughing so hard when I heard he made it. I think this was all pushed way too fast too soon. People want games and entertainment to be the world but the world has other things going on. Everything has a bell curve I guess.
    I am still surprised CS overtook Quake but that whole skins for free vs for sale thing lmao wtf

  • @CanadaFlo
    @CanadaFlo 2 หลายเดือนก่อน +1

    eSports anywhere but asia, is the definition of copium

  • @onyxbasilisk9046
    @onyxbasilisk9046 2 หลายเดือนก่อน +1

    It would have been fun to bring up the “gamer compounds”, that trend was hilarious.