Explore Courses
Top University
Komal
16 December, 2024
Table of Contents
Are you also a pro gamer? Or do you just play online games as your hobby? Then, have you ever thought of turning your hobby into something productive? Well, this is what is happening widely these days. You might have heard the famous Rummy Circle’s motto, “Raho Ek Kadam Aagey”. If you have a knack for online gaming, this could be your chance to stay ahead of others.
You might not know that according to The Economic Times (2023), more than 45% of online gamers earn over six lakhs annually in India. With this blog, you will learn about effective ways of earning through online gaming platforms. This blog would help you discover how online gaming could help you become an entrepreneur from a hobbyist gamer. So, let’s dive into the blog to uncover some exciting details.
Online gaming simply refers to video games that are played online. These games allow you to interact with other players while playing. Most online games allow you to form virtual groups to play in teams, such as Dream 11 and My11Circle. With this methodology, you could have fun and develop many skills, including teamwork and attention to detail. However, online gaming is a subject of risk, even if it doesn’t help you earn. Here are some facts about online gaming that you must know:
Most online games allow you to play and interact with anyone worldwide. Sometimes, it might lead you to learn offensive language and bullying.
People often hide their original identity in online gaming. Trusting anyone for other factors than gaming could lead you to fraud.
You must not share your personal information with anybody in online gaming.
Other players might use emotional blackmail to win against you.
Most online games come with age restrictions. If you don’t fit the specific criteria, you must not play the game.
Online games with earning potential are risky. You must not involve yourself too much in those games.
You must learn about all the essentials before starting a new game.
Sometimes, failure in games might lead you to frustration. So, you must ensure not to involve yourself emotionally in the game.
Also Read: Top 10 Most Searched Indian Entrepreneurs: Icons of Indian Business
The gaming culture in India is the talk of nearly two decades. In the early 2000s, there were only PC games. People who could afford PCs preferred to play video games on them. However, in the middle of 2000, social media games became popular. For instance, Facebook introduced online games such as Mafia Wars to the global audience. Furthermore, the major rise occurred when smartphones became popular in India, which is in the last decade.
According to Adgully (2024), 94% of Indians prefer playing games on their smartphones online. The introduction of smartphones in India has significantly increased the popularity of online gaming. Moving on, when the pandemic hit the world during 2019-2021, people got more involved in online gaming. Most of them started broadcasting their games on YouTube gaming platforms.
Besides, another reason that turned gaming platforms into earning platforms in India is cricket. There is a huge fanbase in India for cricket. Many people like to play it online by building their teams. So, platforms like Dream11 and My11Circle introduced earning while playing. You might have remembered the campaign title of My11Circle, “My11Circle pe ek crore to bas shuruwaat hai, socho… kitni badi baat hai”. From here, the gaming platforms became more of earning platforms in India. Some of the popular online money-paying gaming platforms in India include:
Rummy Circle
Dream 11
My11Circle
MPL
PokerBaazi
Zupee
WinZO
Nowadays, online gaming is trending across the globe. However, games and gaming platforms might vary based on different countries. Furthermore, you could follow several effective ways to make money from your passion for online gaming. Here are the five most effective ways to earn through online gaming platforms. You could follow more than one way to increase your earnings.
These days, streaming platforms are the most common way to earn money. Most platforms like YouTube Gaming and Twitch allow you to broadcast your game online. Many people watch live game broadcasting to learn about different moves. It provides you with a higher number of views on these platforms.
The more views you would have, the higher your earnings would be. Moreover, you could turn your views into subscriptions, which provides you with more money. Besides, more views and subscriptions could bring you ads or sponsorships from different brands. Therefore, streaming platforms are one of the most effective ways to earn through online gaming.
Gaming developers need your consistent feedback. It helps them enhance the games’ interface and regulations for the better. Most game developers pay for your authentic and serious reviews. Becoming a game tester allows you to test the games that are not yet released on the market. Likewise, you could write authentic gaming blogs that might open your doors to impressive partnerships.
Moving on, you could create gaming content for Twitch and YouTube gaming platforms. This might bring you significant views and subscriptions on these platforms. You could try funny commentary, developing gaming tutorials, or some unique ways to promote your gaming skills. Furthermore, using social media to promote your streaming channel could also be beneficial.
The world has become a competitive realm, whether in technology or gaming. The popularity of online gaming is increasing swiftly. Most platforms organise e-sports tournaments on state and national levels. You could participate in various e-sports tournaments such as Fortnite, DreamHack India, and DOTA 2. These tournaments offer you a range of exciting prizes, including thousands to millions of dollars or rupees in India. It’s an ideal way to make money from online gaming professionally.
Have you ever seen K-Pop fans? They often wear merchandise of their favourite idols, including BTS, Blackpink, or GOT7. If you think closely, you would discover it’s simply a way of making money. Similarly, you could also sell gaming merchandise globally. However, it’s an absolute business that needs investments. But, once you get settled into this business, you could earn plenty of money annually.
Also Read: Does Getting an MBA Make You a Better Entrepreneur?
No success comes overnight. You would need to follow a journey to become a successful entrepreneur. Here are the 8 effective steps to becoming a successful entrepreneur through online gaming. Let’s explore them in detail:
Choose Your Gaming Niche: Choosing a niche or specific game is crucial. It allows you to focus on just one niche and grow rapidly in the same. You must choose a game and genre based on your expert skills. Based on your genre, you could pick your desired games, including StarCraft II, DOTA 2, and Fortnite.
Nourish Your Gaming Skills: Practicing is the key to success. People would follow you for your expert skills, which come with practice. Furthermore, practicing helps you enhance your gaming skills and strategies. This way, you could provide excellent tips in your gaming tutorials.
Be a Part of the Gaming Community: Being good at your games and skills is just the first half of your journey. To become a gaming entrepreneur, you must be noticed among the gaming crowd. To do this, you could join a gaming community, whether online or offline. It allows you to connect with other gamers and learn from them.
Gather Essential Gaming Equipment: To start your journey, you need to make some investments. The most worthy investments in your online gaming would be the latest and most effective equipment. However, buying everything at the same time isn’t necessary. You must start with the mandatory essentials and then you could gradually collect more. Here are some of the essential gaming equipment to run your business:
A gaming laptop or PC
Cosy gaming chair
LED Monitor
A gaming mouse
Headset and mechanical keyboard
Sound speakers
High-tech microphone and a webcam
Participate in Local Gaming Events and Build a Gaming Team: Participating in nearby gaming events allows you to explore the gaming communities. It provides you with the confidence and experience to play and win local gaming tournaments. Furthermore, it helps you connect with more gaming people and build a potential team. Having a professional team is important to participate in group tournaments.
Participate in Gaming Tournaments: As a next step, you must take part in multiple state- and national-level tournaments. Various e-sports tournaments take place in and outside of India. These tournaments offer you the prizes of thousands and millions of rupees. Here are some of the popular e-sports tournaments:
League of Legends
DOTA 2
Battlegrounds Mobile India Pro Series (BMPS)
DreamHack India
Counter-Strike
Receive Sponsorships: Once you or your team become famous, many big brands globally provide you with sponsorships. Being sponsored is a symbol of true successful professionals. Most professional players establish their businesses through sponsorships. The more you would be noticed and become popular, the more sponsorships you would get.
Here’s More: Like a business, you must be consistent on streaming platforms, tournaments, and in your specific niche. In this fast-paced world, new entrepreneurs rise and vanish every day. You need to be very determined to become a successful gaming entrepreneur. Furthermore, once you become established, you get more views, ads, sponsorships, and subscriptions. All of it contributes to earning through online gaming platforms.
Of course, everything is easier said than done. However, everything has a fresh start or an initial point. Most people start their journey through different online gaming platforms. Here are some popular gaming platforms in India. You could use them as your starting point to become an entrepreneur:
My11Circle
MPL
Winzo
Rummy Circle
Dream 11
MX Player
Paytm First Games
8 Ball Pool
Ludo Supreme
PokerBaazi
Also Read: Top 10 Highest Paying Companies in India in 2024
The online gaming technology is growing rapidly across the globe. Online gaming has become more popular due to the earning potential it offers. Turning your gaming skills into money-making ideas might be one of your best decisions. However, it entirely depends on your preferences whether you want to become a gaming entrepreneur. Because entrepreneurship is not gameplay, even when it’s in gaming. To become a gaming entrepreneur, you would need to invest your money and time. You would need to plan plenty of things and follow a certain path. However, with sheer dedication and a step-by-step approach, you could become a victorious gaming entrepreneur.
