Battle Infinity is set to launch its decentralized exchange (DEX) on November 16. For interested investors, here's what you'd like to know:
Battle trading game for launch
Earlier this week, the developers of the blockchain game Battle Infinity confirmed that they would be launching Battle Swap, a decentralized exchange that is supposed to be part of the entire gaming ecosystem.
Battle Swap will be a full DEX, allowing users to send and receive coins without relying on a centralized exchange. The platform will be open to all community members and additional users who wish to exploit it.
According to sources, Battle Swap will launch with support for five digital assets. These are Battle Infinity (IBAT), USD Coin (USDC), Binance Coin (BNB), PancakeSwap (CAKE), and Binance Dollar (BUSD). It is unclear which assets they plan to list in the future, although it is quite obvious that they have additional plans to list more coins in the future.
What is Battle Infinity?
Battle Infinity is a blockchain gaming service that is receiving a lot of attention. The game creates a safe environment for gamers and sports fans to earn money by combining fantasy sports with non-fungible tokens (NFTs) and the metaverse.
Battle Infinity's main offering is the IBAT Premier League. Players can purchase NFTs representing their favorite athletes and form teams with them. They can use these teams to compete with other players, win more games and complete the season.
Like other fantasy sports games, the IBAT Premier League awards points to players and teams based on the performances of real-world athletes they have. The team with the most points is declared the league winner at the end of the season. And the player associated with this team receives IBAT tokens as a reward.
IBAT, the native token, is a rewards system and a way to purchase NFTs in-game. The crypto asset can also be staked, with holders earning up to 25% in rewards annually when they stake the asset in the game protocol.
IBAT is launched in the new CEX
At press time, the IBAT is trading at €0,002538, a downtrend of 0,88% over the last 24 hours.