Game Streaming Platforms: The Pros and Cons for Gamers
The game streaming network is a multi-million dollar business, and it is no surprise that the platforms have been able to generate such numbers. As of 2023, the industry was worth $9.5 billion, with projections to surpass this in the coming years. Fast forward to 2024, the industry is projected to reach $13.65 billion before the year ends. One thing that we can easily conclude from these numbers is that this sector is doing something right. If not, it surely has a lot of hold on the everyday gamer. With constant developments, game streaming offers several solutions to gamers, increasing their experiences to the spectacle we have now in 2024. However, they say all that glitter isn’t gold. These platforms have also presented challenges that could be detrimental to gamers if left unchecked. Let’s explore the good and bad of game streaming platforms for players.
The Positives
Video game streaming is a systematic process that delivers video game content through live streams. Players go online to play and broadcast themselves doing so. With the network, individuals have found easier ways to broadcast their skills to a larger audience, compete with others, and enjoy the fun of these games with a community. However, that’s not all they can benefit from the system. Here are some of the biggest advantages of live game streams.
Generating Revenue
Gambling and sports betting are not the only forms of entertainment that come with financial benefits. Just like online casino gamblers on SpinCity earn real money playing slots and table games, streamers can also make profits by doing what they’re great at. One of the major platforms players make money from is Twitch. The average Twitch streamer can earn between $50-$1500 monthly, depending on the number of viewers. 5-10 average viewers can yield $50-$200 monthly, and 20 average viewers can get $200-$400 monthly. YouTube content creators are also not left; they can get as much as $18 for every 1,000 Ad views.
Advertising is one of the main ways streamers get money from these platforms. The providers allow them to earn money by displaying Ads in their videos. At the same time, viewers can subscribe to specific fees, and the creators also get some of these as part of their earnings. Affiliate marketing is another way these streamers can make money. They get to leverage marketing products and services through their platforms and get a commission for every sale.
Cash Prizes From Tournaments
Streamers can also make money through tournaments and winning huge cash prizes. There are tons of esports events that they can partake in with promises of substantial rewards from first to 3rd place winners. These events also attract sponsors, brands, and businesses in the industry that could be willing to extend collaborations to participants. Some popular tournaments they can participate in are:
- League of Legends Championships;
- ESL ONE (DOTA 2);
- IEM Cologne (CS: GO);
- The International.
The League of Legends championship offers a lot of cash prizes, with the opportunity to make as much as $450,000. Even players who get 16th position sometimes go home with as much as $56,000. Other games also offer equal opportunities. With the right skills in place, these winnings could set streamers up for life.
Building a Community
The positives of this system extend beyond the opportunities to generate revenue. It is also an avenue to build a community, interact with others, and escape the confines of being a lone player. Playing games alone and spending excessive time behind the computer screen without interaction is one of the proven causes of depression. Interactions through comments, conversations with others, and views can foster a sense of belonging. At the same time, generating revenues starts with building a community since most of the rewards players get come from loyal viewers.
The Negatives
Unlike traditional gaming, these platforms are only usable without high-speed active network connections. While they offer a lot of new features, they do come with cetain drawbacks like we’ve earlier established. Let’s talk about them in detail below.
Addiction
Addiction has always been one of the leading vices of online gaming. Up to 4% of gamers are addicted to playing video games, and sadly, this does not exclude streamers. The mental health challenges that come with the activity can be draining. There is also the pressure to entertain and constantly give value to their viewers. The majority of their earnings are heavily dependent on the numbers, and the struggle to keep up sometimes takes its toll.
Competition and Over-Saturation
Sometimes, players may face difficulty negotiating fair deals with platforms due to intense competition. It could also be a problem to get viewers since millions of other streamers are also contesting for the audience demography. Big streamers have dominated the market, and it’s much more difficult for first-time players to make their mark.
Latency and Performance Challenges
Games streamed over the cloud can experience delays between a player’s input and the action on-screen, particularly noticeable in fast-paced games like shooters or racing titles. At the same time, Gamers in rural or underserved areas with limited broadband options may struggle to use these services effectively. While issues like these persist, players can also experience factors like network congestion or degraded visual quality that ultimately ruin their experiences. Considering the fact that their experiences are interwoven with thousands of others watching, there is definitely a lot more at stake.
Balancing the Pros and Cons of Game Streaming
Game streaming platforms have excelled over the years in offering the best solutions players clamor for. That is, providing exciting new ways for them to experience gaming. Now that the opportunities are theou to get the best experiences, it’s up to you to maximize the positives rather than rely on the cons.