Krafton to Announce India’s First BGMI Esports Tournament This Week
Krafton is all set to announce the first Battlegrounds Mobile India esports tournament this week. Sources speaking to IGN India state that we should see an announcement from the South Korean company by July 15. Furthermore, they also corroborated a recent report regarding the prize pool and dates of the event that were first revealed by Indian esports blog Gamzo. Expect the Battlegrounds Mobile India Series as it’s known to have a Rs. 1 crore prize pool with a start date of August 15 with in-game qualifiers from August 2.
Furthermore, our sources were also able to corroborate a recent Instagram post from noted insider Gemwire.gg, the Battlegrounds Mobile India Series will not be organised and run by Krafton investee Nodwin. Instead, it’s being managed by Tesseract. Those familiar with the matter tell us that while Nodwin was a frontrunner for the event, as it also handles PUBG Mobile tournaments globally, Krafton’s India publishing team which manages Battlegrounds Mobile India esports operations had the final say.
Last week, Krafton took to Instagram to tease its Battlegrounds Mobile India esports plans.
“It’s time to make history,” reads Krafton’s post. “Squad up for the biggest battle you’ve all been waiting for. Stay tuned for more.”
This should come as no surprise to IGN India readers as we reported that esports plans were in the works last month. Krafton has been talking to esports players and teams for an upcoming tournament. Noted streamers confirmed that this was indeed the case.
Prior to Krafton’s tease, several sources in the esports industry speaking to IGN India on condition of anonymity tell us that most Battlegrounds Mobile esports professional players are demanding — and getting, nearly 100 percent more than what they used to get to play.
“Last year the going rate for new pro players was about Rs. 25,000 to Rs. 30,000,” says one former PUBG pro. “Now it’s anywhere between Rs. 40,000 to 50,000 at the very least.”
Interestingly, most teams are willing to cooperate, we’re told, buoyed by the prospect of more tournaments and events to recoup costs.
”It’s a seller’s market right now,” says one esports team owner. “Yes, we probably overpaid for most of our players, but from what we have heard from Krafton, we’re hopeful.”
The hike in salaries as well as the ability of teams to meet these demands, suggests that the return of the game is anticipated to be met with great success from a financial standpoint for the Indian esports industry.
”We think Battlegrounds Mobile India can do for esports what the Premier League did for football,” says one major investor. “The game coming back is a massive boost and would allow for more capital to flow into the games business.”
We are now on Telegram. Click here to join our channel (@TechiUpdate) and stay updated with the latest Technology headlines.
For all the latest Gaming News Click Here