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New metaverse and play-to-earn project Calvaria has investors and gamers excited as it closes in on the landmark figure of $2.5 million of funding.
The target will be reached in the coming days, with the presale expected to close very soon and the hard cap target of $3.075 million well within reach.
The game is expected to rocket in price once it is listed on exchanges, having already increased in price by 225% during the course of the presale.
RIA Tokens remain on sale for $0.0325 each, but investors must hurry to secure the remaining presale allocation, with less than 20 million left available. As CryptoNews reported last week, one whale spent almost $100,000 ahead of the deadline, bagging more than 3 million tokens.
The flagship game, Duels of Eternity, is expected to be one of the best play-to-earn games of 2023 given its simple mechanics and addictive gameplay.
Buy RIA Tokens Now
Calvaria has already achieved a 2.25x from its early presale price of $0.01, so to reach 10x, the RIA token would need to reach a price above $0.10.
That appears possible for a number of reasons, not only the interest and the hype around the project but its tokenomics, which are likely to lead to supply shock after listing.
The Calvaria whitepaper reveals that the max supply is less than 1 billion - around half that of leading Web3 games Decentraland and The Sandbox - with only 15% of those made available during the presale.
With only another 4% reserved for exchanges - and the vast majority reserved for the prize pool and staking pool - new investors could struggle to secure tokens after the Calvaria IEO.
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