[7] One True King, commonly referred to as OTK, was formed on October 11, 2020, by content creators Asmongold, Mizkif, Esfand, Rich Campbell, and Tips Out.

"[9] The organization has been described by its members as being more of a media production company and lifestyle brand as opposed to being confined to any one game or section on Twitch.

[10][11] The organization has also gained notability for not receiving major backing from corporations as opposed to traditional esports teams.

[15] On October 27, 2020, the organization announced the addition of streamer Nick Polom, also known by his online alias Nmplol, as a content creator and co-owner.

[20] On March 2, 2022, One True King announced that they had parted ways with Artesian Builds, following the company's giveaway controversy.

[23] On September 20, 2022, co-owner Mizkif was placed on leave by the group after a series of clips and other content involving him, which included him downplaying an incident of sexual assault, as well as racist and homophobic comments made from 2018 to 2019, came to light.

[35] On October 16, 2024, Asmongold announced he was “stepping away” from his leadership roles at OTK and Starforge Systems following backlash over his comments on Palestinians affected by the Israel–Hamas war.

[39] On August 7, 2022, One True King, along with YouTuber and Twitch streamer Cr1TiKaL, announced the founding of Starforge Systems, a technology company focused on building computers[40] that was quickly met with backlash due to the allegedly high prices of their products.

[43][44] On May 17, 2023, One True King announced on Twitter that they're now partnered with GamerSupps, an energy drink company owned by former member Jschlatt.

[59] At the fourth and final cup of season one, One True King made it to the quarterfinals, losing to Charlotte Phoenix 1–3.

[60] One True King finished the circuit with 8 points, tying for the 3rd place spot in North America with Golden Guardians and advancing them to the Arena World Championship Season 1 Finals.

[70] In March 2022, One True King held two charity streams benefiting relief efforts for those affected by the 2022 Russian invasion of Ukraine, raising over $500,000.