The cryptocurrency market has not had a smooth start to the year, but some of its segments are more resilient to declining prices than others. As a result, the blockchain-based gaming industry is one of the few sectors in which investors continue to have faith to the extent of making significant investments in some initiatives.
Project Battle Infinity (IBAT) is without a doubt the blockchain game currently garnering the most media attention. For good reason, it is especially well-liked by investors who are accustomed to this type of Play to Earn (P2E) game. The project also completed its pre-sale 66 days ahead of schedule, which suggests that investors from The Sandbox and Axie Infinity helped it reach such a high number so rapidly.
Battle Infinity is already moving on to the following phase of its development after the successful end of its pre-sale phase: the appearance of the IBAT token on centralized and decentralized exchanges (DEX) (CEX). The project managers have declared that PancakeSwap would host IBAT on August 17 at 4 p.m. UTC in light of this.
P2E and the Metaverse are becoming more and more popular.
Battle Infinity is not the first project to have developed under this sector, despite the fact that it currently stands as the emblem of P2E games and has the potential to be the game of the year. The Sandbox and Axie Infinity, two blockchain and Metaverse-related game projects, were already created in past years.
These two projects’ platforms are built on the Ethereum blockchain, and they even use the same ERC-20 token. But they are fundamentally dissimilar from one another. The Sandbox, the first, is essentially a Metaverse universe that focuses on dispersing a variety of games to appeal to as many players as possible. The second, Axie Infinity, is a virtual environment where you can raise, train, and battle animals in the style of Pokémon.
These two projects have generated interest from a number of investors when they first appeared on the cryptocurrency market. The fact that blockchain games have experienced the effects of the crisis less than more “regular” crypto-currencies is enough to justify this interest. Axie Infinity was the game of the year in 2021 as well, with the AXS token reaching a value of around $160.
Therefore, it makes sense that the bulk of investors at the time Battle Infinity was launched were also individuals who had previously invested in the projects The Sandbox and Axie Infinity. the similarity between Battle Infinity and the two earlier projects in that both are Play to Earn initiatives that blend the Metaverse. Additionally, the outstanding pre-sale performance of Battle Infinity has only increased the general public’s interest in this sector, which is still growing.
The likelihood of the IBAT token succeeding on PancakeSwap
Battle Infinity provided information regarding the project’s next stage on August 10. The IBAT token will be accessible on PancakeSwap, according to officials. The platform is a DeFi exchange where tokens can be traded.
Therefore, this new sales phase ought to make it possible for everyone who missed the presale to buy IBAT tokens. Many of those new purchasers may be from related projects like Axie Infinity and The Sandbox that are looking to enter the new P2E market. The opportunity of purchasing IBAT on PancakeSwap is especially appealing to investors who missed the presale and want to make up for lost time.
The majority of analysts believe that Battle Infinity’s price on PancakeSwap will be ten times higher than it was during the pre-sale, when 1 IBAT was worth $0.0015. In the short term, investors who took part in the presale could see their returns multiplied by more than 10, and in the long run, IBAT could benefit greatly from such potential.
The project founders have also hired a very active marketing team, whose job it will be to promote the token. This group of marketers has previously established their credibility by helping other goods, like Lucky Block, succeed.
Indeed, Lucky Block was able to generate 90 times more value because to their marketing efforts. Without a doubt, Battle Infinity, with its clearly-defined plan and roadmap, as well as its craze with a P2E fantasy league in the Metaverse, stands a decent chance of breaking that record.
Development of the Battle Infinity Project in the future
The public’s interest in blockchain games is continually changing, as evidenced by the initial successes of the Battle Infinity, The Sandbox, and Axie Infinity initiatives. If Battle Infinity is able to keep all of their promises, both the near- and long-term outlooks appear to be promising.
The emergence of new technologies associated with the Metaverse already has an impact on the world of crypto-currencies. Pioneers in this new universe with almost endless possibilities, games like Battle Infinity might have a market value of $13 trillion by 2030.