Play-to-earn gaming platforms have exploded in popularity over the past year. However, the models used by some of these platforms have proven unstainable, which is why some of these platforms become redundant years after launch.
However, the projects that have focused on the fundamentals and sustainability could become game changers. Battle Infinity is a blockchain-based gaming platform launched in 2020 but is already making major waves. IBAT is the native token for the Battle Infinity ecosystem and is currently on presale.
What is Battle Infinity?
Battle Infinity is a blockchain gaming platform that gives its users the chance to explore fantasy sports. Battle Infinity has integrated several Web3 concepts, including non-fungible tokens, the metaverse, and blockchain technology.
One of the main features of the Battle Infinity ecosystem is the IBAT Premier League. The league integrates fantasy sports by allowing players to select and build teams comprised of players. The players are depicted as NFTs within the game. The players can earn passive income by trading these players for actual money.
Fantasy sports help in bringing fans closer to their players and ensuring that they are motivated to keep up with the performance of their favorite real-world players. The IBAT Premier League features real-world athletes. The performance of these athletes within the IBAT League depends upon their performance in the real world.
A player within the league will earn points if an athlete performs well in the real world. The team with the highest number of points after the end of the season will be deemed the winner.
The IBAT League is not the only prominent feature within Battle Infinity. The platform also incorporates Battle Swap, which will compete among some of the best DeFi exchanges. Players can buy IBAT tokens and trade them for other cryptocurrencies through Battle Swap. The ecosystem will also feature a marketplace for non-fungible tokens.
IBAT presale opens
The IBAT presale was launched on July 11. At the launch, the project’s co-founder, Suresh Joshi, predicted that those who invest in the IBAT token could be in for 100x profits.
The IBAT presale has a hard cap of 16,500 BNB. During the first 72 hours of the presale, the project raised 500 BNB tokens. The presale is already picking momentum even before the official marketing campaign is kicked off; hence raising $110,000 in three days is not a small achievement.
The presale will last for 90 days. However, going by the solid start, the tokens capped for the presale could soon run out, and the event could be completed ahead of schedule. This performance is a convincing analogy that the token could be in for gains.
What makes Battle Infinity (IBAT) different?
Investor confidence in play-to-earn ecosystems was dampened following the massive hack on Axie Infinity’s Ronin Bridge earlier this year. The hack resulted in a loss of more than $600 million, and it begged questions about the security models taken by P2E protocols.
Battle Infinity has taken a unique approach to trust. Trust is very crucial to players in the cryptocurrency industry, and Battle Infinity has taken a strategic step to ensure it meets all the compliance requirements needed by regulators.
Battle Infinity is vetted by CoinSniper, a leading compliance and risk assessment platform. IBAT is also big on transparency, as it has provided a solid proof audit of its operations. The audit, compliance, and risk assessment report shows that Battle Infinity and IBAT are not rug pulls.
IBAT is launching in a space with notable interest over the past year. Data from DappRadar shows that blockchain gaming accounts reported the highest activity among decentralized applications (DApps). Moreover, the recent market downturn has affected the crypto gaming sector the least.
There is also a bullish aspect of the whole metaverse space. Last month, McKinsey published a report predicting that the metaverse will hit a $5 trillion valuation. Battle Infinity could scoop a significant share of this valuation, given its strong fundamentals.
The other top reason why IBAT has a potential for gains is that its homeland is India. India has transformed to become a hotspot for technology. Some leading blockchain projects, such as Polygon, are based in the country. The abundance of young and tech-savvy investors in India gives Battle Infinity a head start to scoop a significant market share.
Related
- Battle Infinity (IBAT) Presale Opens
- Battle Infinity IBAT Token Presale Raises 500 BNB in First 72 hours
- Battle Infinity (IBAT) Presale Opens – Next Axie Infinity For 100x Profits
Battle Infinity - New Metaverse Game
- Listed on PancakeSwap and LBank - battleinfinity.io
- Fantasy Sports Themed Games
- Play to Earn Utility - IBAT Rewards Token
- Powered By Unreal Engine
- Solid Proof Audited, CoinSniper Verified