The non-fungible token (NFT) ecosystem is leading the crypto industry to widespread adoption and exponential growth. Although popular projects like Crypto Punks and Bored Ape Yacht Club (BAYC) led the NFT landscape, Axie Infinity spurred the growth of the blockchain gaming landscape. Another project looking to continue this trend is Battle Infinity – an NFT and metaverse project.
The project is off to a strong start, and investors are already partaking in the presale of its IBAT token. Here are five reasons we believe Battle Infinity will explode higher than Axie Infinity.
1. NFT Plus Metaverse Meets Battle Infinity
Battle Infinity is a fantasy sports gaming platform. Built on the Binance Smart Chain (BSC) network, Battle Infinity integrates non-fungible tokens (NFTs) and the metaverse. Players can tap into a flourishing play-to-earn (P2E) ecosystem where they retain ownership of their in-game assets. The IBAT Battle Arena functions as a metaverse that allows players to interact with one another, watch, perform, and explore the virtual reality realm.
Battle Infinity brings a new mix to an already promising ecosystem, allowing users to connect in a virtual world.
2. Next Polygon
Admirers of the Battle Infinity game have dubbed it the next Polygon, and this is not far-fetched. The Polygon network launched as Matic Network before its March 2021 rebrand. Functioning as a sidechain on the Ethereum network, Polygon bundles transactions off-chain and verifies them before replacing them, thereby fast-tracking and increasing the scalability of the network. Despite not being the only scaling solution on the Ethereum blockchain, Polygon has enjoyed the spotlight due to its sophisticated system.
The driving argument is the development team behind the modular network. Indians founded Polygon, and Sandeep Nailwail is a prominent figure. Battle Infinity’s shared origin indicates a strong technical background and the likelihood of its impending remarkable success.
3. Fantasy Sports and Metaverse Are Exploding
The fantasy sports market has increased greatly since the global pandemic crippled the world economy. With people spending more time indoors, more users turned to fantasy sports to kill the accompanying boredom of remaining idle for long.
The global fantasy sports market is currently valued at $20.14 billion, and a market report indicates that this may climb much higher come 2027. According to other media reports, Fantasy Sports is expected to grow to $34.66 billion in the next five years while seeing an 11.47% compound annual growth rate (CAGR).
The Indian market’s fantasy sports figures have also shot up astronomically. According to a Federation of Indian Fantasy Sports (FIFS) and Deloitte report, India’s Fantasy Sports gaming landscape saw a 38% CAGR medium-term growth in the last five years.
The metaverse ecosystem has not been left behind. Tech companies like Microsoft and Meta are interfacing with the metaverse – a blend of mixed, artificial, and virtual realities. This promising outpour of interest gives a positive outlook on its long-term prospects. According to a Grand View Research report, the metaverse ecosystem hit over $38 billion in market cap. Continued interest in this emerging industry would spur a 39.4% CAGR growth by 2030.
Battle Infinity operates in both niches, meaning it is best positioned to tap into established and promising market landscapes.
4. Built on BSC Network
Although this may seem trivial, expert crypto users understand the generic benefits of building on the Binance Smart Chain network. Beginning from the scalability angle, the BSC network processes more transactions than the Ethereum network. BSC runs on a proof of staked authority (PoSA), which means validators do not need to compete to verify transactions on the network.
With respect to fees, BSC is more economical than the Ethereum network. Ethereum gas fees have forced developers and users to seek alternative smart contract networks to participate in the decentralised economy. In contrast, the BSC fees are notoriously low. The fees are to be paid with the Binance Coin (BNB).
Binance has 43 decentralised finance (DeFi) projects building atop its technology. Given its ranking as the largest crypto exchange by trading volume, Binance is rapidly entering new markets and enabling a more crypto-native future.
5. Greater Chance for 100x Profits
The last key reason why Battle Infinity may be the next blockbuster blockchain gaming platform is the potential profits investors can make in its presale stage. Axie Infinity’s token, AXS, held a private sale in which investors paid $0.08 for each digital asset. This is significantly higher than what the Battle Infinity token, IBAT, will cost early birds.
Investors can buy Battle Infinity for as low as $0.0015, presenting a strong potential for 100x gains once the token hits an exchange. A rise to $1 in the bull market could see investors earn a return on investment (ROI) as high as 8,000%. An investment of $100 could turn over $800,000 in the coming months.
Looking to tap into this life-changing opportunity? The Battle Infinity presale is ongoing and will last for the next three months. The minimum investment price is 0.1BNB, with a hard cap limit of 16,500 BNB. Investors can head to the presale website, connect their Metamask wallet, and buy IBAT tokens.
Related Battle Infinity News
Battle Infinity – New Crypto Presale
- Presale Until October 2022 – 16500 BNB Hard Cap
- First Fantasy Sports Metaverse Game
- Play to Earn Utility – IBAT Token
- Powered By Unreal Engine
- CoinSniper Verified, Solid Proof Audited
- Roadmap & Whitepaper at battleinfinity.io
Source: https://insidebitcoins.com/news/5-reasons-battle-infinity-ibat-token-might-explode-higher-than-axie-infinity