Months after completing its presale, IBAT, a top token in the blockchain gaming space, appears poised to list on a top centralized exchange.
Earlier this week, the Battle Infinity blockchain game developers hinted on social media that they would soon be listing the platform’s IBAT token on a centralized exchange.
In reply to a user’s comment, the developers explained that they intend to list on a top centralized exchange next week. They also invited users to guess the exchange for a chance to win IBAT tokens.
This development is an exciting one for Battle Infinity and IBAT. The token has had one of the best crypto presales this year and listing on a top exchange could spur its price even more.
It is common for the prices of digital assets to pump once they list on centralized exchanges, especially top names like Binance, Coinbase, and FTX. With these platforms boasting millions of customers, new cryptocurrencies usually benefit from a massive influx of investors.
IBAT will likely experience this soon, indicating that massive gains could be on the horizon.
IBAT is the native token for Battle infinity, a gaming service that combines fantasy sports with non-fungible tokens (NFTs).
Battle Infinity’s primary offering is the IBAT Premier League, where players can buy NFTs representing real-world athletes. They can form teams with these NFTs and compete with those of other players.
Like other fantasy games, NFT values change based on the real-world performance of the athletes they represent. After each season's conclusion, the team with the highest point tally is declared the winner. Players also earn IBAT for their wins.
IBAT is a proof-of-stake (PoS) coin. As a result, winners and IBAT holders can stake their tokens for the
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