Summary:
Battle Infinity’s IBAT token has seen a 150% increase in price in the past week, driven by positive news and upcoming product launches. The burning of 50% of team tokens has attracted buyers and reduced the token supply. The completion of the fantasy sports app development is a significant milestone for the project. Battle Infinity aims to compete with legacy fantasy league platforms like Dream11 and capture a portion of its 160 million active users. The platform will offer play-to-earn economics and incorporate NFT technology. Community members can participate in staking and join the ambassador program for additional benefits.
Key Points:
– IBAT token price has risen 150% in the past week, driven by positive news and upcoming product launches.
– The burning of 50% of team tokens has attracted buyers and reduced the token supply.
– The completion of the fantasy sports app development is a significant milestone for the project.
– Battle Infinity aims to compete with legacy fantasy league platforms and capture a portion of their user base.
– The platform will offer play-to-earn economics and incorporate NFT technology.
Hot Take:
Battle Infinity’s IBAT token has experienced significant price growth due to positive news and upcoming product launches. The burning of team tokens and completion of the fantasy sports app development are key factors driving this growth. With its play-to-earn economics and incorporation of NFT technology, Battle Infinity aims to compete with legacy fantasy league platforms and capture a significant user base. The platform also offers staking and an ambassador program for community members. Overall, Battle Infinity seems well-positioned to deliver a major Web3 experience in the gaming industry.
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