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Gen.G
Gen.G (Korean: 젠지, stand for "Generation Gaming"), also referred as Gen.G Esports and previously known as KSV Esports, is a professional esports organization with headquarters in Santa Monica, Seoul, and Shanghai. According to Forbes, Gen.G is the eighth most valuable esports organization in the world as of May 2022, worth US$250 million.
Gen.G Esports was formed in 2017 as KSV eSports by Kevin Chou and Kent Wakeford, co-founders of the video game development company Kabam, Michael Li, and Phillip Hyun. The organization started out by acquiring the rights for an Overwatch League franchise in Seoul, South Korea. The purchase reportedly amounted to $20 million with the intention to hire both an all-Korean roster as well as an all-Korean management staff. This team would later be known as the Seoul Dynasty. On May 3, 2018, KSV eSports announced a rebranding to Gen.G. On January 20, 2020, Gen.G was unveiled to be behind an NBA 2K League franchise called the "Gen.G Tigers of Shanghai", the first franchise to not be affiliated with an NBA team, and the first franchise outside of North America. Along with the announcement, Gen.G announced that itself and the NBA 2K League were working together in a "long-term strategic relationship". On August 27, 2020, Gen.G was announced as one of the 10 selected teams as part of League of Legends Champions Korea (LCK) franchising. On September 21, 2022, Gen.G was announced as one of the 10 teams competing in the inaugural season of the VCT Pacifics league.
On May 6, 2024, the Esports World Cup Foundation, funded by the Saudi Arabia Public Investment Fund and organizers of the Esports World Cup tournament series, announced the 30 organizations (known in the ESWC as Clubs) who would make up the Club Support Program, with Gen.G being one of them. This program gives teams a one-time six-figure stipend if an organization is willing to enter new esports as well as additional funding each year if they drive viewership and fan engagement to the Esports World Cup.
The KSV League of Legends team was formed on November 30, 2017, with the acquisition of Samsung's esports division, which included the 2017 World Champions Samsung Galaxy roster and records. The team, now named Gen.G Esports, would qualify for the 2018 League of Legends World Championship, but would end up being knocked out promptly in the group stage, with a 1–5 record, in a year with a particularly bad showing from the South Korean teams.
Due to missing out on the 2019 World Championship, the team's next appearance on the world stage would be at the 2020 World Championship. Gen.G would make it to the quarterfinals of the 2020 World Championship before being eliminated by G2 Esports. Gen.G made it to the semifinals of the 2021 World Championship, but they were eliminated by Edward Gaming, which went on to become that year's world champions.
During the 2022 LCK Summer Split, Gen.G won their first LCK championship, defeating T1 in the final 3–0 to qualify as the first seed for the 2022 World Championship. At Worlds, Gen.G grouped up against 100 Thieves, CTBC Flying Oyster, and Royal Never Give Up. After finishing first, they were placed against the 3rd Korean seed DWG KIA in the quarter finals, who they beat in a 3–2 series. In the semi-finals, Gen.G faced DRX, the 4th seeded team from Korea and lost the series 1–3.
Once again Gen.G became the champions of LCK Spring 2023, by defeating T1 in the finals by 3–1. With this win, the team qualify as the first seed for the 2023 Mid-Season Invitational along with T1. Gen.G had lost to T1 with score 2–3 and later lost to Bilibili Gaming with score 0–3, finished at 4th place in Bracket Stage. On August 20, 2023, Gen.G defeated T1, became the champions of LCK Summer 2023.
At 2023 World Championship in home ground South Korea, with the new format is called Swiss Stage, they managed to win against GAM Esports, T1 and G2 Esports with result 3-0 series with four game wins and entered straight into the quarter-finals. However, they lost again against opponents Bilibili Gaming with score 2-3, just finished at 5th-8th place in the Worlds 2023.
Gen.G
Gen.G (Korean: 젠지, stand for "Generation Gaming"), also referred as Gen.G Esports and previously known as KSV Esports, is a professional esports organization with headquarters in Santa Monica, Seoul, and Shanghai. According to Forbes, Gen.G is the eighth most valuable esports organization in the world as of May 2022, worth US$250 million.
Gen.G Esports was formed in 2017 as KSV eSports by Kevin Chou and Kent Wakeford, co-founders of the video game development company Kabam, Michael Li, and Phillip Hyun. The organization started out by acquiring the rights for an Overwatch League franchise in Seoul, South Korea. The purchase reportedly amounted to $20 million with the intention to hire both an all-Korean roster as well as an all-Korean management staff. This team would later be known as the Seoul Dynasty. On May 3, 2018, KSV eSports announced a rebranding to Gen.G. On January 20, 2020, Gen.G was unveiled to be behind an NBA 2K League franchise called the "Gen.G Tigers of Shanghai", the first franchise to not be affiliated with an NBA team, and the first franchise outside of North America. Along with the announcement, Gen.G announced that itself and the NBA 2K League were working together in a "long-term strategic relationship". On August 27, 2020, Gen.G was announced as one of the 10 selected teams as part of League of Legends Champions Korea (LCK) franchising. On September 21, 2022, Gen.G was announced as one of the 10 teams competing in the inaugural season of the VCT Pacifics league.
On May 6, 2024, the Esports World Cup Foundation, funded by the Saudi Arabia Public Investment Fund and organizers of the Esports World Cup tournament series, announced the 30 organizations (known in the ESWC as Clubs) who would make up the Club Support Program, with Gen.G being one of them. This program gives teams a one-time six-figure stipend if an organization is willing to enter new esports as well as additional funding each year if they drive viewership and fan engagement to the Esports World Cup.
The KSV League of Legends team was formed on November 30, 2017, with the acquisition of Samsung's esports division, which included the 2017 World Champions Samsung Galaxy roster and records. The team, now named Gen.G Esports, would qualify for the 2018 League of Legends World Championship, but would end up being knocked out promptly in the group stage, with a 1–5 record, in a year with a particularly bad showing from the South Korean teams.
Due to missing out on the 2019 World Championship, the team's next appearance on the world stage would be at the 2020 World Championship. Gen.G would make it to the quarterfinals of the 2020 World Championship before being eliminated by G2 Esports. Gen.G made it to the semifinals of the 2021 World Championship, but they were eliminated by Edward Gaming, which went on to become that year's world champions.
During the 2022 LCK Summer Split, Gen.G won their first LCK championship, defeating T1 in the final 3–0 to qualify as the first seed for the 2022 World Championship. At Worlds, Gen.G grouped up against 100 Thieves, CTBC Flying Oyster, and Royal Never Give Up. After finishing first, they were placed against the 3rd Korean seed DWG KIA in the quarter finals, who they beat in a 3–2 series. In the semi-finals, Gen.G faced DRX, the 4th seeded team from Korea and lost the series 1–3.
Once again Gen.G became the champions of LCK Spring 2023, by defeating T1 in the finals by 3–1. With this win, the team qualify as the first seed for the 2023 Mid-Season Invitational along with T1. Gen.G had lost to T1 with score 2–3 and later lost to Bilibili Gaming with score 0–3, finished at 4th place in Bracket Stage. On August 20, 2023, Gen.G defeated T1, became the champions of LCK Summer 2023.
At 2023 World Championship in home ground South Korea, with the new format is called Swiss Stage, they managed to win against GAM Esports, T1 and G2 Esports with result 3-0 series with four game wins and entered straight into the quarter-finals. However, they lost again against opponents Bilibili Gaming with score 2-3, just finished at 5th-8th place in the Worlds 2023.
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