Joel Frank
Whale Buys Big Bag of RIA
An anonymous crypto whale just went in big in the Calvaria token presale, bagging $97,500 worth of the play-to-earn (P2E) battle card game’s RIA token. The transaction was confirmed on the Ethereum blockchain at 10:06 GMT, with a gas fee of just $1.78.
Calvaria Presale Won’t Last Long
Calvaria, which only opened its token presale a few weeks ago, has now raised more than $2.36 million in USDT. The presale is now in its fifth and final stage, with only 24% of tokens remaining up for grabs.
Given the rate at which tokens have been scooped up over the last week and amid signs of increased interest from large investors, observers expect the presale will sell out soon. RIA tokens are currently selling for around $0.0325 each, which the project’s creators say is a highly discounted price.
RIA is expected to be listed on major centralized exchanges in the first quarter of 2023, according to Calvaria’s website. A series of in-game non-fungible token (NFT) drops are expected to follow shortly after ahead of the release of the alpha version of Calvaria’s headline game “Duels of Eternity”, which is expected in the second quarter of 2023.
Calvaria has some big backers, including the likes of KuCoin, Polygon Studios, Gate.io, XT.com and Chainplay. The project has received favorable news coverage from a wide range of news websites, including the likes of Benzinga, Cryptonews.com, Yahoo Finance and Yahoo News.
What is Calvaria?
Calvaria is the project behind the development of the soon-to-be-released afterlife-themed crypto battle cards game Calvaria: Duels of Eternity. Calvaria says that its aim is to speed up the mass adoption of crypto through the creation of a viral P2E game that piggybacks off the past success of card games and functions as an ambassador between the “real world” and crypto world.
Calvaria players will be able to buy NFT battle cards and build a deck, which they will then be able to use to compete against each other. Players will also be able to wager tokens when they battle in order to raise the stakes of each game.
The game, which will be available on both mobile application stores and on PCs, seeks to utilize in-game incentives to drive engagement, whilst also guiding users that are making their first steps into the crypto world. There will be a free version of the game that seeks to funnel users towards the crypto version of the game. The difference between the two is that in the crypto version, users will have the ability to earn and spend Calvaria’s RIA token.
Calvaria Set to Take Industry by Storm
Calvaria, which boosts a host of superior features versus its existing rivals, looks set to take the play-to-earn crypto-gaming industry by storm. None of Calvaria’s major competitors offer an in-game story mode, 3D characters, or the option of playing without having to link a cryptocurrency wallet.
Other notable features of Calvaria include that it will create and establish a Decentralized Autonomous Organisation that will eventually hand over control of the game/project to the community, that it will feature an in-game peer-to-peer marketplace and that it will feature a Scholarship System. RIA token owners will be given DAO votes based on how much RIA they have staked.
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This article was written for Business 2 Community by Joel Frank.
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