Yet another NA organization leaves the Dota 2 scene
- North America continues to bleed their Dota 2 talent.
- Lack of sponsors was the main reason behind the decision.
- Decent placements were not enough to gather positive income.
It’s a tough day for Dota 2 fans in North America as Nouns is leaving the competitive scene, marking the loss of one of the region’s top Esports organizations. Nouns Esports shared the news that they will be stepping away from Dota 2, bringing their tenured journey with the esport to a close. Check out this article for the latest information and esports tips around Dota 2!
How it all started
— Nouns Esports ⌐◨-◨ (@nounsesports) November 1, 2024
Back in May 2022, the owners of Nouns decided to step in the Dota 2 competitive scene. The Nouns operates as a blockchain voting platform, allowing Nouns token holders to suggest and vote on ideas and investments that they believe are valuable. After reaching a consensus, a certain amount of Ethereum tokens from the Nouns Treasury was set aside for this initiative.
As with any esports organization, their main objective is not always to win titles but to make a profit, at the end of the day it is a business. For the Dota 2 roster, the goal of the proposal was to raise awareness of Nouns among esports fans. Considering the huge number of viewers for Dota 2 players, events, and especially the International Championship, many members of the board agreed with the proposal. It allocated 35 ETH, which was around $88,000 in 2022, to recruit an unsponsored North American team known as 4 Zoomers.
Reflecting on the squad’s performance during their time, it seems fair to say that this proposal turned out to be quite successful. Nouns Esports managed to earn half a million USD in prize money, which on paper is pretty good, especially since recent TI events have had much smaller prize pools compared to earlier ones.
The reasoning behind closing up shop
The #DreamLeague run is over
GG to all of our opponents & thank you to the incredible fans who showed their support ⌐◨-◨ pic.twitter.com/hYSM971CDV
— Nouns Esports ⌐◨-◨ (@nounsesports) October 30, 2024
Even though the Dota 2 team seemed like a great idea that boosted Nouns’ reputation in the esports scene and DAO communities, it did have its flaws. Nouns Esports introduced a distinctive approach to how prize money was shared, deciding that the organization wouldn’t take any cut from the players’ earnings. In the end, Nouns Esports is still an esports squad, which is a business model that has often struggled with financial management and staying on the green. Typically, funding for these organizations relies heavily on sponsorships and prize money, along with any initial investments from outside sources like the DAO in this case.
Nouns DAO is struggling, not getting enough returns compared to the expenses they have to do in order to keep going. In their announcement, they mentioned that they are interested in teaming up with sponsors to hopefully come back to Dota 2 Esports down the line.
Dota 2’s competitive scene is full of excitement and esports odds for you to take a look at! Don’t forget to check our content for more information and bet on esports at BetUS Sportsbook & Casino.
