Greetings to all and sundry on this platform, I am very excited to write and share with you all another interesting topic today as an entry to the Finance Bro adventure Quest of the Leofinance Zealy Campaign. I would be tackling Battle Infinity, today as my topic and I hope that you guys would enjoy reading this article. We would be looking at Battle Infinity as an alpha-crypto project. Stay tuned with me as I explore this topic with you guys. Without much ado, I would like to set the ball rolling. So we would be looking at what Bitcoin is in the first place and probably look at the others after this.
What is Battle Infinity
Battle Infinity is a platform that comprises multiple play-to-earn (P2E) battle games where all the games on the platform are integrated within a Metaverse world known as IBAT Battle Arena. Battle Infinity is a revolutionary gaming platform that provides its users with a choice to choose between either a decentralized or centralized method of playing the game. This option grants them easy access to the game and also grants them flexibility in the game. Gamers do not only play and battle in Battle Infinity world, but also experience and enjoy the immersive world of Metaverse as well. Battle Infinity World game grant users the ability to interact with each other, watch Battles on the platform, and also explore the Battle Arena Virtual World as well.
Battle Infinity is being integrated with smart contracts which helps to endure security and also transparency on their blockchain network. Battle Infity also have an NFT feature or platform where users can earn rewards for holding their NFTs and also users can also buy or sell their digital assets there. The introduction of this NFT feature and also the integration of smart contracts is to incentivize users so that they can patronize and participate in the usage of the platform so that they can earn rewards as they contribute to the ecosystem of Battle Infinity.
Battle Infinity also integrates with third-party games and projects easily and this grants their users to have a wider gaming experience on the platform. Also, in doing so it helps the platform to look vibrant and active which tends to attract new users or gamers that join their platform. The Battle Infinity token has the ticker symbol to be IBAT. Battle Infinity has the mission to revolutionize the traditional system of gaming around the globe. They want to do that by integrating gaming with blockchain and Metaverse which tend to grant users a fully decentralized platform where users and creators can have direct access or ownership of their in-game assets and collectibles. Also, they provide a secure and transparent ecosystem for users on the platform which is also a part of their mission too. They tend to provide a limitless immersive experience and a tamper-proof platform to gamers on their blockchain network.
Battle Infinity blockchain network is made up of six distinct complete products that are accessible, easy to use, and efficient. These products include; IBAT Premier League, IBAT Battle Swap, INAT Battle Market, IBAT Battle Games, IBAT Battle Arena, and IBAT Battle Stake. I would be describing each of them here in this article. Let's move straight into that.
IBAT Premier League
The IBAT Premier League is the first ever NFT-based fantasy sports game that is built and integrated with Metaverse. It is decentralized and it permits users to build their own teams using other strategies and they join battles with the team formed against other teams around the globe. In order to utilize this feature, you first have to buy an NFT and then enter a league to participate and play matches with other players. The purchase of the NFT grants the users the ability to have access to creating teams and also joining battles or matches to win and earn on the platform. Just as we know about fantasy leagues, similarly, here the players' real performance in games is what is used to rank players in your team. The winner of a match is selected at the end of the game and the winning team earns the rewards for that.
IBAT Battle Swap
This is a decentralized exchange on the Battle Infinity platform which enables users to buy IBAT tokens and also for converting winning rewards to other currencies. The Battle Swap feature is yet to be integrated into the game store, game arena, and marketplace on the platform so as to provide a smoother and faster gaming experience on the platform. According to their whitepaper, there would be five tokens that would be listed on the battle swap feature, and they are IBAT, BUSD, CAKE, USDT, and BNB which 15% by default slippage tolerance. Similarly, the IBAT Swap is also a decentralized feature with high security and also transparency. This feature is one of the most important features of the platform because it provides users with a decentralized exchange platform where users can convert their winnings, buy and sell cryptocurrencies.
IBAT Battle Market
This is the feature that allows users to select between decentralized and centralized ways of doing things through multiple sign-in methods that are based on decentralized smart contracts that provide security and transparency to users. One important use of this feature is that it grants users the ability to rent out and also rent in NFTs from each other. This makes the platform more appealing and accessible to users to patronize. Some other features of the IBAT battle market include a wallet, centralized database, hot wallet, NFT renting/rent-out, scalability, and a hybrid approach.
IBAT Battle Games
This is the platform that grants users access to multiple NFT multiplayer games on the platform. These games are all play-to-earn games of course. It combines traditional game elements with blockchain technology so as to provide a unique gaming experience for players. The NFTs that are owned by these players can be used to purchase more gaming assets and characters in playing the game. The tokens earned from playing the game can also be staked and used in participating in battles. It should be noted that, before you can play the game, you need to have some amount of the tokens staked and out of the total that amounts staked, a 10% deduction is taken as a transaction fee, where 5% is used for the development of the foundation and the other 5% is allocated to the staking pool. This staking pool reward is what is used in rewarding gamers for patronizing the game or using their platform.
The 90% remaining would be to the winners at the end of each round in a game. Players earn rewards for winning a game and the reward would be based on the amount of money that you staked previously to play the game. The Battle market that is being integrated into the IBAT Battle games makes it easier and faster for players to sell their winning rewards to any other cryptocurrencies that they wish to. Also, unlike other platforms that also accept their games to be published or integrated onto their platform, Battle Infinity does not do the same, but rather they support and allow other companies outside to put their games on the platform so that other players can play them too. This feature really makes the game or platform more fun and interesting. There are also Battle Arena, and Battle Swap that are in-built onto the IBAT battle games and this gives it a more gaming experience for gamers. I would be exploring the Battle Arena next.
IBAT Battle Arena
This is where players have access to change features of their character in the game. Each player has a special avatar that one can upgrade on the IBAT Battle Market but with a fee. You can change the clothes of your player, including items such as sunglasses, hats, watches, and many others to your player (avatar). You need to purchase those times from the Battle Market before you can change them on your player. The gaming experience is enhanced with the ability to purchase items from the IBAT battle market and improve or upgrade your character in the game. This IBAT Battle Arena uses the latest technologies such as the Metaverse computing paradigm and also NFTs to upgrade players and grants them an immersive gaming experience as well. In creating a unique content ID for each player, the ERC721 NFT smart contract is utilized to do so and it ensures that the avatars represent players in a unique manner. The Metaverse computing paradigm is known to be the next version of the internet that is improving the gaming experience globally.
IBAT Battle Stake
Lastly, we have a platform where users can battle against stakers so as to earn higher annual percentage yields (APYs). On the platform, there are three types of staking involved and they include; SOLO Staking, Duo Staking, and Crates Staking. Let's briefly look at them here in this article.
Solo Staking: this type of staking involves two types or forms and they are time lock staking and flexible staking. Time lock staking helps users to earn greater APYs and this feature helps them to do so by locking their tokens for a particular amount of time after which they receive the full APY percentage. If a user wants to unlock them within the period or before the period ends, then a 10% fee is charged for that. On the other hand, flexible staking refers to the type of staking where users lock some amount of the tokens on the platform and receives a 12% APY on them. The interest earned on them can be re-staked to increase their capital and earn more rewards.
Duo Staking: this feature allows users to stake tokens by pairing any token with the native IBAT token of the platform. This feature grants users the ability to earn income from other tokens as well and not just by concentrating on the native IBAT tokens only. The tokens that can be paired with the native IBAT token include; BNB, DOGE, ETH, and many others.
Crates Staking: with this type of staking, the user needs to buy NFT crates from the battle market and then unlock it with the NFT key that it matches. To get those keys, the game players would need to wait for a certain period of time before. Also, there are three types of crates which are free crates, gold crates, and silver crates.
Disclaimer: All screenshots taken from Battleinfinity.io otherwise stated.
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