The rapidly growing popularity of the Metaverse has led more and more investors to focus on this new technology. Bloomberg recently published a report that posits that Metaverse could reach a market value of $800 billion.
Metaverse Gaming in particular has evolved into one of the most prominent applications of blockchain technology. Play-to-Ear (P2E) games like The Sandbox are the biggest winners in this development. It allows players to have fun while playing and earn money at the same time. An interesting competitor to Sandbox is currently in the starting blocks: infinity battle – Fantasy sports game, which provides access to blockchain technology and the Metaverse. The associated IBAT Metaverse Coin could have the potential to be more successful than The Sandbox.
What is Battle Infinity?
Battle Infinity One Blockchain gaming platformFocused on the fantasy sports industry. Launched in 2022 and built on the Binance smart chain, the Metaverse platform combines Metaverse, Non-Fungible Tokens (NFTs), and blockchain technology.
It is planned to launch six complementary products, which were developed for Forming a complete Metaverse ecosystem:
- IBAT Battle Market: All assets in the Battle Infinity Metaverse are encoded according to the ERC-721 standard and minted as NFTs.
- IBAT Battle Games: A store that gives you access to many games that you can play for profit.
- IBAT Premier League: An NFT fantasy sports game where you can form teams to compete against other players and earn rewards in the form of IBAT tokens.
- IBAT Battle swap: Decentralized Exchange (DEX) that allows IBAT tokens to be bought, sold or converted to other cryptocurrencies.
- IBAT Battlefield: A virtual world where players can use their own NFT avatars.
- IBAT Battle Stake Game: A staking platform within the Metaverse where players can battle each other for higher APYs.
Battle Infinity Metaverse is powered by Metaverse coin “IBAT” move it. Just like The Sandbox based on the SAND token, IBAT is at the heart of Battle Infinity. Currently, the IBAT token can be pre-purchased before it is listed on many exchanges.
Could Battle Infinity be the best Metaverse coin?
Since Battle Infinity plans to create a complete decentralized Metaverse based on NFT, the fantasy sports game can be compared to Metaverse projects such as The Sandbox.
However, one might wonder if the newly launched blockchain gaming platform is ready to compete with The Sandbox. Here are the reasons why Battle Infinity may encounter The Sandbox:
The first reason: the integrated exchange – Tokens can be traded directly on the site
Battle Infinity consists of several products that together should provide an immersive experience. One such product is Battle Infinity Battle Swap.
This is a fully decentralized exchange (DEX) where IBAT tokens can be purchased and exchanged for other cryptocurrencies. This not only creates earning opportunities within your metaverse, but also a direct connection with other blockchains.
As a result, Battle Infinity creates a transparent and robust economy in which participants can trade freely. Since the IBAT token is the primary trading hub, this DEX also ensures that IBAT’s liquidity is sufficient at all times.
Reason 2: Play-to-Earn Games – Players can earn money playing games
Battle Infinity includes earning opportunities and gameplay items to earn in its metaverse, allowing participants to earn real money through various activities. Because in play-for-profit games, players can get valuable in-game assets. It can be anything from skins or cards to IBAT tokens. Players can always sell these assets on their own terms to cryptocurrency or real money thanks to the aforementioned DEX.
Reason 3: Low Cost – Thanks to Binance Smart Chain
IBAT is a utility token that runs on the Binance Smart Chain Network based on the BEP-20 protocol. Binance Smart Chain has some major advantages as a “metaverse blockchain” over other blockchains. The main problem with Sandbox, which uses the Ethereum blockchain, is the scalability issue. With larger amounts of data, using the Ethereum blockchain becomes expensive and slow. To solve this problem, Battle Infinity uses the Binance Smart Chain network to mine NFTS. This makes Battle Infinity more scalable and therefore cheaper.
Reason 4: VR Integration – Immersive Experiences
One of the biggest attractions of the Metaverse is the immersive experience thanks to the integration of virtual reality. In Battle Infinity Battle Arena, players have their own unique avatar that they can customize and upgrade.
This includes everything from clothing to hair. Each player has a unique content ID and the assets and avatar in the ERC721 smart contract are extracted as NFT. Players can use VR headsets to explore the Battle Infinity Metaverse world. Virtual reality enables immersive experiences and allows meeting and talking with other players.
Reason 5: A well-developed token economy
Another potential benefit of Battle Infinity over The Sandbox is the token economy and potential market that can be addressed. According to Allied Market Research, the fantasy sports industry alone could be worth $49 billion in 2027. In contrast, the SAND token has a market capitalization of $1.5 billion — the target market cap of the team behind Battle Infinity.
In this context, the Battle Infinity transparent token also supports the project’s potential success. The total amount of IBAT tokens is 10 billion, of which 28 percent is reserved for the current pre-sale. A large part is reserved for the expansion, research and development of the ecosystem. Compared to other projects, the team has only a small share of just under 10 percent.
Synopsis: The future of Battle Infinity
Battle Infinity can have the potential to excite investors and players alike. The platform enters a high-growth space and aims to lead it.
Currently interested investors can obtain IBAT at a discount by participating in the pre-sale. Battle Infinity presale price is $0.0015. IBAT tokens worth about 8000 BNB have already been purchased. The pre-sale has a fixed fixed cap of 16,500 BNB.
Grow your cryptocurrencies with staking
eToro users can easily benefit from their cryptocurrency holdings. With its staking service, users can augment their crypto assets in a simple, secure and hassle-free manner. We took a closer look at eToro.
To review the eToro