Tuesday, 30th May - Web3 play-to-earn (P2E) gaming metaverse platform Battle Infinity just secured a massive strategic investment from a top venture capital (VC) investment firm.
Bitgert Ventures will invest a huge $3.5 million into Battle Infinity to help fund the development of its blockchain-powered gaming ecosystem, which is already generating huge hype in web3 circles.
Bitgert Ventures focuses on investing in “decentralized infrastructure, ecosystems, and applications that have the potential to reshape”.
The firm’s investment in Battle Infinity is a strong endorsement of the project that might open the door to further institutional funding.
Meanwhile, given its wide portfolio of investments across the web3 space, Bitgert can provide valuable expertise, connections and business opportunities for the Battle Infinity project.
That should give the Battle Infinity team a massive boost as they work hard to deliver on the project’s roadmap pledges over the coming quarters, which can be viewed in the Whitepaper here.
Bitgert has invested in promising up-and-coming crypto projects including JulSwap, a cross-bridge exchange, OKSE, a prepaid crypto card based on web3 wallet technology and carbon, a decentralized web3 browser.
Holders of $IBAT, the BEP-20 crypto token that sits at the heart of Battle Infinity’s web3 gaming ecosystem, have a lot to be excited about.
Not only can owners already stake and swap the token in Battle Infinity’s recently launched Battle Staking and Battle Swap and stake their tokens to earn up to 25% annually, one of the best APY rates in the market.
But much more utility for the token is soon on the way.
The platform will soon launch its metaverse-integrated fantasy sports game IBAT Premier League, as well as
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