ibat: Battle Infinity’s IBAT lists on MEXC Global

Synopsis

Battle Infinity takes fantasy sports to the next level by allowing users to monetize their knowledge and skills, using the play-to-earn game mechanics based on NFTs that crypto technology enables.

Metaverse play-to-earn gaming platform Battle Infinity’s token IBAT token got listed on MEXC Global, centralized exchange (CEX), on Tuesday, November 8.

Battle Infinity is building a fantasy sports gaming ecosystem that will initially target the Indian Premier League – the largest cricket league in the world – and is going head to head with existing legacy players such as Dream11.

Given the huge market opportunity, India-based Battle Infinity’s development team has been hard at work to deliver its products, having already released the ecosystems staking system.

When IBAT first started trading, on the Pancakeswap decentralized exchange in August this year, it saw returns of 700%. Since then IBAT has also been listed on Hong Kong-based centralized exchange LBank.

Did you Know?

S has launched a new enterprise on the Metaverse with the aim of accelerating cloud adoption among Indian firms. The interactive and immersive ‘cloud on wheels’ platform will enable customers to experience the full range of S ’s offerings and reimagine processes for improved business outcomes.

View Details »Although Battle Infinity is concentrating on cricket as its first sport, it’s expanding in other games too. There are plans to expand into all major sports, including football, baseball, basketball and more.

Fantasy leagues will be taken out of their current static format and ultimately transformed into virtual stadium settings, where the teams and their players can battle opponents and secure rewards in the process as they rise up the leaderboard.

In contrast to games such as Axie Infinity, which earned itself the unenviable reputation of being a boring and repetitive game to play, Battle Infinity takes the opposite approach by relying on skill and jeopardy to underpin gameplay.

Fantasy leagues are popular with sports fans precisely because they allow users to demonstrate their level of knowledge and understanding of their chosen sport and show-off their skills to secure competitive advantage.

Battle Infinity takes fantasy sports to the next level by allowing users to monetize their knowledge and skills, using the play-to-earn game mechanics based on NFTs that crypto technology enables.

In addition to picking teams with the best players as determined by real-world results, and battling other teams, platform users will also be able to advertise on virtual billboards and communicate in a metaverse space on myriad levels.

GameFi and blockchain-based gaming have proven to be one of the strongest-performing sectors of crypto this year. CoinGecko values the GameFi sector at $6.4 billion in market cap terms.

Source

Updated: 11/10/2022 — 17:00