Crypto fantasy sports platform Battle Infinity wants to add staking functionalities to its IBAT token. Investors will be excited about this since staking opens up additional income streams on their IBAT investment.
Just as well, IBAT already has the potential for some impressive gains since it is a blockchain gaming and metaverse application. As one of the most undervalued crypto assets, staking brings more upsides to IBAT holders.
Being one of the best cryptos to buy, Battle Infinity looks to reshape fantasy sports. Its main offering, IBAT Premier League, enables players to compete in a traditional fantasy sports environment, albeit in the metaverse. Players can form teams by selecting NFTs that represent their favorite athletes, and these NFTs can be purchased and traded in-app, allowing players to earn in the form of the platform's native IBAT token.
The athlete NFTs receive more points and value based on the performances of the real-life athletes they represent. Each season, the team with the most points in a league is declared the winner, and the owners are rewarded with IBAT.
Battle Infinity is one of the most popular blockchain gaming projects available. Its combination with the non-fungible tokens (NFTs), play-to-earn (P2E) model, and the metaverse creates the ideal gameplay engine. Now, with the introduction of staking, IBAT is adding yet another layer f functionality.
IBAT is a proof-of-stake (PoS) coin, meaning holders can lock the asset within the gaming protocol to earn more units. The asset's durability is a major reason investors desire it.
Staking has grown in popularity among cryptocurrency enthusiasts because it allows them to earn passive income. Instead of investing in costly mining equipment, holders
Read more on cryptonews.com