Core Insights - The article emphasizes that the value of esports has transcended mere competition outcomes, extending into broader socio-economic realms, highlighting three key value spillover paths: as a new foundation for cutting-edge technology applications, as a new engine for consumer activation, and as a new link for cultural exchange [3][4] Group 1: Esports Economic Impact - The rapid sale of tickets within 12 seconds and the fact that over 85% of attendees were from outside the local area or even overseas illustrate the strong economic impact of esports events [2] - The 2025 King of Glory World Championship set a Guinness World Record with 62,196 live spectators, showcasing the massive audience engagement and its ripple effects on local economies, including full hotels and extended shopping hours [2][3] Group 2: Historical Development of Esports - The evolution of esports is rooted in technological breakthroughs, such as the invention of the transistor in the 1950s, which made computing more accessible and led to the creation of early competitive games like "Spacewar!" [5] - The establishment of the first professional esports league in 1997 and the World Cyber Games in 2000 marked significant milestones in the commercialization and internationalization of esports [7][8] Group 3: Event as a Platform - Esports events have transformed from individual competitions into core platforms that structure user engagement, creating predictable and repeatable participation paths [10] - The long-term operation of games has allowed esports events to accumulate a substantial user base, evolving into a distinct industry that integrates cultural, sports, and technological elements [10][11] Group 4: User Participation and Community Building - The esports industry has developed a user co-creation ecosystem, where fans transition from mere spectators to active participants, enhancing their emotional connection to the events [14] - Initiatives like the King of Glory's talent program allow users to transition from online creators to offline roles, fostering deeper engagement and community involvement [15] Group 5: Value Recognition and Cultural Significance - The core values and spirit of esports resonate with the younger generation, providing a sense of self-actualization, social belonging, and cultural exchange [17][18] - The emotional connection to esports is reflected in the community's recognition of personal and collective achievements, transforming temporary enthusiasm into lasting emotional ties [18]