Calvaria, one of the most innovative play-to-earn (P2P) gaming projects, has successfully listed its RIA token on the BKEX exchange after completing an initial exchange offering (IEO) earlier today. The BKEX listing will exponentially increase the gaming platform’s token and potential player base.

BKEX IEO Starts Today

RIA, the native token of the Calvaria gaming ecosystem, has been listed on the BKEX exchange today, February 7. The listing, which was announced last month, will make RIA available to the Hong Kong-based exchange’s customers as part of its initial exchange offering (IEO).

BKEX, a crypto exchange with over 1.5 million weekly visitors and more than $500 million daily trading volumes, is easily one of the best candidates to handle the RIA IEO. The exchange’s broad customer base and massive volumes should help improve RIA’s price fundamentals, as well as the asset’s exposure. And with RIA already showing impressive levels of investor demand in its presale, the prospects for the asset’s price to rise even further are quite significant.

The IEO will see BKEX list RIA exclusively for 24 hours before the asset moves for listings on other exchanges. Already, Calvaria’s developers have confirmed that they will be looking to list the token on LBank, Changelly Pro, and GotBit.

They also confirmed that they are in talks with other exchanges for listings, so investors clamoring for the asset can access it more conveniently soon enough.

Since making its debut on the BKEX platform, the digital asset has surged from $0.0343 to $0.06426, representing a 84.26% in the past 8 hours. This strong start to life shows the likely impact Calvaria will have in the fast-rising blockchain gaming ecosystem.

RIA price graph 7/02/23

However, BKEX is not the only centralized trading platform with an eye for the promising crypto project. LBank has also began accepting deposit for RIA tokens and trading is set to begin February 8.

Calvaria Set to Disrupt Blockchain Gaming

Launched in 2022, Calvaria provides an open ecosystem in which players can easily compete to outmaneuver one another. Players are tasked with assembling the best deck of cards in order to defeat their opponent’s tactics. The winner is rewarded with the platform’s RIA token and added to the gaming session’s leaderboard.

The best thing about Calvaria is not that it pays – the project offers users more than just finances. For a start, each card is a non-fungible token (NFT). NFTs are indivisible bits of code that are used to demonstrate digital ownership of properties.

What distinguishes them is that each NFT has distinct traits and characteristics that set it apart from the others in the same fold. The more rare traits a card possesses, the higher its value in the Calvaria NFT marketplace.

The platform offers something for all players, regardless of what they’re looking for. The game provides a free-to-play model, allowing players to enjoy it without dealing with cryptocurrencies. For these players, winnings can come in the form of scholarships, platform and character upgrades, and much more.

There is also the play-to-earn model, which rewards players with eRIA. The token can be exchanged for RIA, allowing holders to purchase additional NFTs to improve their trading card deck or cash out of the game with their winnings.

RIA powers all transactions within the Calvaria ecosystem with the sole purpose of maintaining the perfect tokenomic balance. The digital asset can also be staked, allowing investors to enjoy additional asset units while also participating in governance via the Calvaria decentralized autonomous organization (DAO).

Already, RIA has seen a significant increase in investor interest. The crypto asset raised over $3 million in a few months through its presale, and if the market sentiment is anything to go by, we should see even more investors flock into it once the listings begin to roll in.


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