Analysis of Equals9: Solutions and Market Prospects of the Web3 Esports Platform

Author: Equals9

What is Equals9, and what is EQ9?

Equals9 is a holding company with multiple subsidiaries and a Dapps (decentralized applications) incubation platform. Equals9 utilizes blockchain technology to provide services and is currently deploying four decentralized applications: EqualsSport, EqualsVenue, Equalsbank, and Equals9Music. EqualsSport, operated by Equals9, is an esports tournament platform where players, fans, and event organizers can create tournaments, and players from around the world can seamlessly join esports tournaments on-chain.

Equals9 is the most promising esports platform in the Web3 space in South America. The product has been fully launched, and its decentralized token EQ9 will go live on the Biture exchange on November 15 at 10:00 UTC, with its Staking pool feature launching the next day at 10:00.

EQ9 is an application token issued based on the ERC-20 standard, used for:

Payment and service methods within the Equals9 ecosystem (dapps), subsidiaries, and partners
Various league entry tickets on EqualsSport.com
A staking mechanism for fans and viewers to vote for their favorite players and win prizes on the EqualsSport.com platform
Following NFTs on Equals9Music and listening to works from your favorite artists on the OneQueue Dapp

With Equals9, you can easily and automatically participate in esports tournaments from anywhere in the world. Users can accumulate their competitive achievements and honor rewards on the platform to enhance their official rankings. Additionally, users can create their own tournaments and various events on the platform, connecting with players worldwide on the blockchain and increasing their audience through exclusive rankings.

EqualsSport offers players 12 top-tier esports games, each with three event organizers to ensure full player engagement. Anderson Vasconcelos, the CEO of Equals9, stated that the platform has also invited major event organizers, such as Redbull, to host events on their platform. There will be events organized by different organizers every day, allowing players to earn global ranking points and substantial rewards. Users can access, use, and purchase products and services developed by Equals9 and its partners using the EQ9 Token.

One of the use cases for Equals9 is that esports players can participate in and create esports tournaments on equalssport.com through a unique interface for players and fans. Fans can support their favorite players by holding EQ9 Tokens, and if the players they support win, the fans can also receive corresponding rewards.

The Equals9 platform and all its Dapps currently and in the future will use the EQ9 token as a means of entry and payment, meaning that the EQ9 token can be used for various services across the holding company and its different products and applications. Players can use EQ9 as an entry ticket for esports tournaments and as a chip for the staking mechanism between fans and viewers. The company’s articles of association stipulate the guarantee terms regarding the resources generated from the sale of EQ9 tokens, including that EQ9 tokens will never be considered or used for profit or dividend distribution among shareholders.

This clause from Equals9 addresses issues between the company ecosystem and its partners, greatly safeguarding user interests and fund security, while making product, service, and project rewards transparent, auditable, and with fewer boundary restrictions. This initiative also lays a solid foundation for the future development of the holding company.

Equals9 provides industry solutions for the esports tournament field

Video game competitions, also known as esports, involve professional players and amateur gamers competing against each other. Professional statistical agencies predict that the entire esports market will grow from a market share of $694.2 million in 2017 to $2.1748 billion in 2023.

The compound annual growth rate for the entire industry from 2018 to 2023 is 18.61%. Video games are becoming increasingly popular, awareness of esports is rising, and there are more and more events with massive prize pools, leading to more long-term investment opportunities in this field. Additionally, global market revenue for the esports industry is expected to grow to $18.7 billion by 2025. From a profitability perspective, Asia and North America are currently the largest esports markets, with China alone accounting for nearly one-fifth of the market share.

Source: Newzoo

To address issues such as the lack of borderless legal gateways in esports, the lack of a trusted prize distribution mechanism, the absence of global participation mechanisms, and player-fan interaction, Equals9 and EqualsSport support users in experiencing borderless payments. They enable users to use crypto assets to pay for entry tickets and utilize decentralized, automated, trusted prize distribution machines to implement smart contracts, allowing event organizers to reach global audiences using blockchain technology and establish unique interactions between players and fans through staking mechanisms.

Progress of other products

In addition to EqualsSport, Equals9 continues to build other Dapps, such as Equalsbank, EqualsNINEMusic, and EqualsVenue. Equalsbank aims to revolutionize how people use digital currencies. EQ9 tokens can be used as collateral for credit lines. EqualsNINEMusic supports artists in releasing their music and NFTs on the platform to earn EQ9 tokens. EqualsVenue is a payment revolution project! It allows participants to enter projects that are currently harvesting or locked.

Before long, users will find that specific venues and related partners in their cities can accept EQ9 token payments and provide their products or services.

Founders of Equals9

Equals9 was founded in 2019 by Anderson Vasconcelos, who previously served as a blockchain market analyst. He was later joined by Pedro Bufulin, a graduate of the Federal University of Uberlândia with experience in developing smart contracts across the entire EVM network.

Anderson, the founder of Equals9, has always wanted to leverage his financial background to create a company that helps the public understand blockchain technology and penetrate large markets that have not automated their services using blockchain. Subsequently, Anderson established a holding company as an incubator for decentralized blockchain applications, aiming to educate people on how to use wallets, tokens, and decentralized services. Initially, people did not understand why the holding company was established before its subsidiaries.

However, everything made sense when the founding team led by Anderson acquired HiveGames. As esports tournaments began testing, esports players were eager to try this new technology, and the advantages of Dapps for the esports community began to emerge, leading to the birth of EqualsSport.

For Anderson, EqualsSport is the first Dapp released by Equals9. With over 20 years of experience in Magic: The Gathering card competitions, he understands the changes that mastering blockchain technology can bring to the esports industry and its impact. However, he did not want to release tokens before the product was ready, so to fund the project, Anderson transformed Equals9 from a limited liability company (LLC) into a closed joint-stock company (CJC) and sold private shares to complete product development.

Importantly, shareholders were brought into the company to fund the overall project development and progress. Equals9 has over 19 shareholders and more than 30 employees, having acquired 5 subsidiaries to date and established a Shared Services Center (SSC) for the entire economic group to create jobs and opportunities.

Inspiration behind the number 9
Take a number, multiply it by 9, and add that number to the result; it will always equal 9.
For example: 3x9= 27, 2+7 = 9
The Fibonacci golden ratio is found everywhere in nature, and its similarity to the number 9 is striking. According to Tesla, "the numbers 3, 6, and 9 hold the keys to the universe."
As Paul Halmos once said, "The source of all great mathematics is special cases, specific examples."
Let’s conduct a brief demonstration:
A circle has 360 degrees.
Divide the circle in half: 180.
The digital root of 180 = 9.
Divide it in half, you get: 90.
The digital root of 90 = 9.
Divide it in half, you get: 45.
The digital root of 45 = 9.
22.5 = 2 + 2 + 5 = 9
11.25 = 1 + 1 + 2 + 5 = 9
5.625 = 5 + 6 + 2 + 5 = 18 … 1 + 8 = 9
2.8125 = 2 + 8 + 1 + 2 + 5 = 18 … 1 + 8 = 9
1.40625 = 1 + 4 + 0 + 6 + 2 + 5 = 18 … 1 + 8 = 9

Key points about EQ9

EQ9 will not only be launched as a product, but it has also received a statement from the Brazilian government agency D.CVM (Brazilian Securities Commission), classifying it as a non-securitized token. Even before the private placement began, Anderson and the Equals9 lawyers decided to initiate administrative procedures to exclude the EQ9 token from being classified as a security. A year and a half later, the legal battle with universities and federal lawyers concluded, and EQ9 was declared a non-securitized token. Equals9's proactive measures aim to protect potential investors and holders, ensuring that once the token is listed, there will be no uncertainty regarding its status as a security.

Equals9 states that it hopes to establish an ecosystem that integrates conventional business with blockchain. The Equals9 holding company will develop Dapps targeting potential markets that have yet to automate services using blockchain technology. EqualsSport is the first Dapp to bring decentralization to the esports industry, allowing players and fans to seamlessly join competitions using blockchain and automatically distribute prizes and entry tickets.

For more information, please visit the company website