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For the benefit of those who are still unaware, Battle Infinity is a brand-new Metaverse project that has been given the moniker of the next Axie Infinity. The project has been advertising itself online for a number of months, and the presale of tokens was concluded around one month ago.
IBAT, the native token of Battle Infinity, will be utilized for all transactions inside the Metaverse once the platform goes online. This was already revealed by the LBank exchange before the platform went live.
Despite the fact that IBAT tokens are exclusively accessible on PancakeSwap, the price of the cryptocurrency shot up by 446% in just one week after the official launch.
If the recent price surge is any indication, Battle Infinity seems to be one of the most promising investments available in the cryptocurrency market for the remainder of this year.
What is Battle Infinity (IBAT) All About?
IBAT is the trading token of Battle Infinity, which can be found on the Battle Infinity gaming platform, which is comprised of several Play-to-Earn (P2E) battle games.
IBAT Battle Arena is a Metaverse universe that contains all of the games and integrates them together.
Gamers are able to enjoy and experience the immersive Metaverse world within the Battle Infinity world, where they can interact with each other, perform, watch, and explore the virtual world of the Battle Arena.
In addition to playing and fighting within this world, gamers can also enjoy and experience this world.
Battle Infinity offers a variety of products, one of which is the IBAT Premier League, which is the world’s first decentralized blockchain NFT-based fantasy sports game integrated with Metaverse.
This game allows users to construct their own strategic teams, compete with players from all over the world, and earn rewards.
In addition, the IBAT Battle Games shop is a multiplayer gaming hub that gives players on the Battle Infinity platform access to a variety of NFT-based games that they may compete in and receive rewards from.
Tokens represent all of the in-game assets, such as characters and weapons, and are generated using BEP721 smart contracts. The tokenization of assets gives each in-game item its own identity, which can then be used to provide a value that varies according to the asset’s relative scarcity. In the IBAT Battle Market, players have the ability to buy and sell their game assets and characters, as well as sell any NFTs that they have won.
Battle Infinity also has a decentralized exchange on its platform known as Battle Swap. This exchange operates similarly to a bank institution on the network and allows new users to acquire IBAT tokens directly as well as transfer the currency of their winnings into another form of payment.
Due to the fact that Battle Swap is connected with the platform’s NFT marketplace, game shop, and arena, users of the platform’s in-game software will have an experience that is more streamlined, quicker, and free of complications.
IBAT Battle Stake is the place where users may wager their holdings by depositing them and then locking them for a certain amount of time.
This is the last but not the least of the three options. In addition, takers will be eligible for additional incentives for any additional activity they complete while using the site.
Battle Infinity aims to revolutionize the traditional world of gaming by integrating gaming with the Metaverse and blockchain.
This provides a completely decentralized experience that gives users and creators direct ownership of their in-game items within an ecosystem that is completely transparent and tamper-proof. Battle Infinity’s mission is to revolutionize the traditional world of gaming.
More on IBAT Token
IBAT is the native utility token of the Battle Infinity ecosystem. It grants users access to all of the features of the Battle Infinity ecosystem, such as the ability to enter the Battle Infinity platform, to advertise on the Battle Infinity platform, to participate in the Battle Stake, and to participate in many other activities.
By bridging the gap between traditional gaming and the Metaverse using blockchain technology, the IBAT token essentially does away with all of the barriers that previously existed between the two.
Due to its design and implementation, the user experience provided by it is both fluid and efficient, which removes any obstacles to entry regarding usability.
IBAT has a total supply of 10 billion (or 10,000,000,000) tokens, according to BEP-20.
2.5% is provided for private sale, 28% is provided for presale, 10% goes into the foundation and development, 18% will be used for marketing and CEX listing, 20% is allocated to the founders and partners, 5% is allocated to the legal team and advisors, 6% is provided for liquidity, and the remaining 10.5% is allocated to the team. BEP-20 was developed by the Blockchain Ecosystem
Today, August 26, 2022 at 16:00 (UTC+8), the IBAT token will be officially listed on LBank Exchange. By that time, investors who are interested in the Battle Infinity investment will be able to easily purchase and sell IBAT token on LBank Exchange.
Mind-Blowing Presale Success Fuels Demand
The recent surge in IBAT prices was not an accident. The development staff behind Battle Infinity did all in their power to guarantee that the project would be a success. Especially on the Polygon network, India is one of the leading countries in the development of blockchain technology. The most recent blockchain venture to come out of India is called Battle Infinity, and it has received extensive coverage in the country’s public media, national TV, and social networks.
It is expected that the project will be online within the next few months, at which point it will be listed on all of the main CEXs, beginning with LBank. Over 16,530 BNB were acquired as a result of the tremendous success of the Battle Infinity token presale. Even though the official presale has over, sales of the new IBAT token are continuing on PancakeSwap, which is a prominent decentralized cryptocurrency exchange. This indicates that consumer interest in the token is just growing. The proprietors of the property threw a party in New Delhi to commemorate the official listing. In attendance were hundreds of India’s most famous celebrities, as well as friends and family members.
IBAT Shot To the Moon Even Before the LBank Listing
During the presale, IBAT tokens could be purchased for $0.0015 each. Nevertheless, the tokens may now be purchased on PancakeSwap at a price of approximately $0.0082 each. Even before the formal news that LBank will be listing the company, this represents a rise of 446%. The unexpectedly high price continues to pique the interest of new investors by the dozen. The community for this initiative on Telegram has 28,000 members, and there are another 22,000 people following it on Twitter.
Given that the majority of other cryptocurrencies are now in a downward trend, a gain of 446% prior to the initial CEX listing is amazing. Bitcoin has seen a loss of 8.5% over the last few days, whilst IBAT tokens continue to exhibit an increasing trend over the course of the past week. This is mostly due to the fact that Battle Infinity provides players with the opportunity to compete in a variety of games and access to a wealth of entertaining content, as opposed to the more conventional strategy of token speculation and price inflation.
Battle Stake and Battle Swap Popular Amongst the Masses
In addition to state-of-the-art design and even better marketing, the individuals responsible for Battle Infinity have made the decision to continue surprise their devoted community with additional announcements over the course of the next few weeks. As a direct consequence of this, the amount of talk around Battle Infinity continues to increase all over the world, drawing in new investors, celebrities, and some of the most famous superstars in India.
Everyone is interested in participating in the first Metaverse initiative to be centered on a fantasy sports league. This shouldn’t come as much of a surprise given that players of the game are able to construct their own customized sports teams and compete in the Battle Arena against other teams. This concept responds to the needs of all sports enthusiasts and integrates two sectors worth multiple billions of dollars into a single dynamic platform.
The Battle Stake and the Battle Swap will be the first two goods that are made accessible to customers. IBAT token holders will be able to stake their tokens for a profit and utilize the built-in Battle Swap to trade them for other cryptocurrencies as soon as the testing phase has been finished.
Where Does The Price Of IBAT Go From Here?
The current price surge demonstrates that IBAT tokens are likely going to outperform everyone’s expectations within the next several months. For instance, just a few weeks ago, analysts predicted that the price of an IBAT token will be somewhere in the neighborhood of $0.0050 by the end of 2022. Despite this, the current price of an IBAT token is approximately $0.0082, which is a 60% increase from the projection made originally.
If we look at the data that have been officially released, we can see that the price of the tokens is projected to reach $0.01 by the end of 2023 and $0.2 by the end of 2025. As a result, according to the official IBAT price projections, the value of the token will probably increase by 3900% over the course of the next three years. However, if we take a look at the patterns that the IBAT is now exhibiting, we can see that it may expand two, three, or even five times faster than the official estimates. In other words, if Battle Infinity continues to follow the plan, the price of IBAT tokens might potentially hit the milestone of $0.2 within the next year.
The bottom line is that IBAT tokens are one of the rare cryptocurrencies that have the potential for enormous growth, whilst the value of hundreds of other cryptocurrencies continues to drop substantially every day. IBAT tokens have the potential to become one of the digital assets that is most in demand and most effectively employed on the market if all Battle Infinity goods are made available. Nothing can stop it from exceeding the vast majority of other popular cryptocurrencies given that the project has undergone comprehensive KYC verification on CoinSniper and has been audited by SolidProof.
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