Income Inequality is the state where a section of the population is living with financial challenges and another exists in pure opulence. There is also the middle class, which is every industry’s backbone – they provide expertise labour but have crazy spending habits and insufficient money planning.

Social inequality manifests in all areas of our lives. From the type of food, a person eats to the fabric of their pillow. Without a doubt, gender, ethnicity, geographical location, historical income and occupation affect the rate of income disparities.

In simple terms it is because of social inequality that eating pizza every day is a luxury to some and to others, pizza is just another cheap snack.

The dynamic numbers of salary inequality over the last 20 years of the millennium can be linked to technological advances. Of course, there are years when the gap has almost closed before spiking out of control again. However, there is still hope of more people expanding their network through tech automation.

The rapid rise of income inequality is caused by several outstanding factors. The most notable elements include globalization, technological advancement and unexpected pandemics and epidemics. The bottom line, more people in the lower part of the economic food chain are getting tired of being broke and in debt.

Heck! Even the middle class are exhausted with the normal labour system and they hate having to report to work 9am – 5pm.

One of the biggest causes of income inequality is diminished economic opportunities for people on the lower floors of the economy. Without profitable opportunities and low employment rates, people with or without income are having it rough.

When was the last time you travelled to a leading tourist destination and had a good time? How do you entertain yourself or relax while in your house? What are the nearest leisure and entertainment amenities? The answers to these questions will give you a vague idea of where you lie on the economic ladder.

The good news is, there is always room to do better. As a matter of fact, with today’s sports technology, it is possible to entertain yourself while making extra cash.

It is no secret that the wealthy work hard but play harder. Fast cars, mansions and exotic trips, are how the rich reward themselves for staying rich. For instance, the poor will go to a local bar to watch a match, the middle class who can afford cable will watch it on their large-screen OLED TV and the wealthy will be on the VIP seats at the game.

Most motivational speakers will tell you to live within your means if you want to avoid financial freedom. While this applies across the board, it is especially true for people in formal employment spaces. For them, the line between having an income and welfare is in the salary.

Professional e-sport players, as we call them, have sharpened and polished their gaming skills to impeccable standards. This means they can turn their gaming hobby and talents into a high income earning career. A typical day of a high earning player involves mad practice and keeping up with any new gaming trends. This includes equipment, software and teams.

The life of a pro e-sports gamer or poker tournament player is hectic and filled with rigorous hours of training and practice. In excess, this can lead to burnouts and addiction but the smart ones remain motivated to achieve better living conditions and financial success.

Most importantly, millionaire gamers are active people in the real world. They travel with their gaming pads and treat their loved ones with the income they earn from gaming.

There are now, more new ways of making a living that didn’t exist half a decade ago. Out of that sprung a wide range of payment methods that make it easier for people to receive payouts for their services and skills.

We cannot speak of digital payment methods without mentioning crypto. Recent studies show that cryptocurrency is quickly being adopted by online gaming and esports companies. An untraceable and anonymous way of making bets and requesting withdrawals from accumulated wins.

Nowadays, it is possible to own a digital wallet for both fiat and crypto, regardless of your status quo. No wonder, these players can afford to live in luxury. After all, digital payments are faster than traditional methods and the processing fee is relatively fair.

Would you believe it if someone told you that there are college kids making millions annually, from their gaming talents and skills? Gone are the days when the only way to become rich was by toiling for decades or winning a lottery.

You can significantly increase your earnings by participating in esports competitions and major league poker tournaments. A new trend of making money online is by streaming your session in front of millions of players. In this case, personalities film themselves playing a popular game while chatting and interacting with the viewers. This is how Twitch came to be – an entire platform designed for people who want to play games in front of an audience, for pay.

Being a pro gamer offers a great advantage – it is your own business, your earnings and you are the boss.  

Who would have thought, ten years ago, that today, people with no college degrees would be making thousands of dollars in hours from gaming online? Well, we have both young and middle-aged people who have turned themselves into millionaires from playing video games and participating in tournaments like poker.

From creating and selling their own games, to broadcasting their gaming sessions live and playing professional games at jam-packed stadiums, these people are making a killing.

Vividly, in the entertainment sector, the online gaming industry is bringing in more income in regular households. Even more than film, television and music.

Being able to afford a weekend on the yacht by yourself is something to be proud of. Nevertheless, e-sport earners and gamers have a great impact on the existing consequences of income disparity. In simple terms, you are more capable of changing the world if you have a huge disposable income.

Many successful players are also involved in various charity and life-changing activities in their families and the community at large. Likewise, viewers and game subscribers are keener on betting and giving financial support to purposeful and ‘woke’ players.

In conclusion, you might be wondering if it is possible to make millions and change your income from online gaming and e-sports. Well, the industry itself attracts over 600 million viewers and is estimated to cross the 5 billion net worth in the next 5 years.

There have been talks to incorporate e-sports into the Olympics and make them officially centralised games globally. This comes as good news to people who earn from creating, selling and playing their favourite games.

Get-rich-quick schemes take more than a few hours of googling information and testing the games. It takes real commitment, practice and courage. Still, if you are looking to create a successful rag to riches story for yourself, the best place to start is with esports. There are so many people making thousands of dollars per day and millions per year from it – who knows, you could be next!