Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.
Battle Infinity is trending on CoinGecok - one of the most popular cryptocurrency data aggregators in the digital assets space. With the recent release of IBAT’s staking protocol, can Battle Infinity’s token continue soaring in 2022?
Battle Infinity is a play-to-earn (P2E) cryptocurrency project which offers multiple decentralized finance (DeFi) products that allow players to earn in-game rewards. The native cryptocurrency IBAT can be purchased to participate in P2E environments from the Battle Swap - Battle Infinity’s decentralized exchange (DEX).
One of the top features of this new cryptocurrency project is the IBAT Battle Swap - a decentralized and NFT-based sports fantasy league. Players can join by buying NFT passes, which can also be traded on the IBAT Battle Market - this ecosystem’s NFT marketplace.
NFTs also play an important role in the Battle Arena - Battle Infinity’s virtual ecosystem. In this P2E world, players can enter the metaverse as a minted NFT character, which has been built using ERC 721 smart contract technology. The avatars can be upgraded from the NFT marketplace, and players can access virtual events and concerts via headsets.
One of the best utility NFTs, Battle Infinity also offers an online NFT game store where players can compete in P2E NFT games. The top performers are rewarded with NFTs, which can also be traded on the marketplace. To join this feature, players must stake IBAT on the Battle Stake. With the recent release of the staking protocol, IBAT has become one of the most trending cryptocurrencies of late.
CoinGecko is a leading cryptocurrency
Read more on cryptonews.com