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Battle Infinity is set to launch its Decentralized Exchange (DEX) on 16th November. For interested investors, here’s what you need to know:
Battle Swap Set for launch
Earlier this week, the developers of the Battle Infinity blockchain game confirmed that they would be launching Battle Swap, a decentralized exchange that is believed to be part of the entire gaming ecosystem.
Battle Swap will be a full fledged DEX, allowing users to send and receive coins without having to rely on a centralized exchange. The platform will be open to all community members and additional users who wish to operate it.
According to sources, Battle Swap will launch with the support of five digital assets. These are Battle Infinity (IBAT), USD Coin (USDC), Binance Coin (BNB), PancakeSwap (KKE) and Binance Dollar (BUSD). There is no word on what assets they plan to list down the line, although it is clear that they have additional plans to list more coins going forward.
What is Battle Infinity?
battle infinite There is one blockchain gaming service that is getting a lot of attention. The game creates a secure environment for gamers and sports fans to earn money by connecting fantasy sports with non-fungible tokens (NFTs) and the metaverse.
The primary offering for Battle Infinity is the iBAT Premier League. Players can buy and team up with NFTs representing their favorite athletes. They can use these teams to battle other players, win more games and reach the top of the season.
Like other fantasy sports games, the IBAT Premier League rewards players and teams based on the performance of real-world athletes. The team with the highest points is declared the winner of the league at the end of the season. And the player associated with that team is given IBAT token as a reward.
iBAT, the native token, is a rewards system and a medium for purchasing NFTs within the game. Crypto assets can also be staked, with holders earning rewards of up to 25% annually as they stake assets in the gaming protocol.
IBAT launches on new CEX
At press time, IBAT is trading at $0.002538, down 0.88% over the past 24-hours.
Over the past few weeks, the developers of Battle Infinity have been working significantly to improve the utility of the IBAT token. In addition to the launch of staking for IBAT, he confirmed last week that the digital asset was launched on MEXC, one of the largest centralized exchanges in the world.
The MEXC listing is one of the most important developments to come at IBAT. MEXC is one of the largest exchanges in the market with over 10 million customers and over $1 billion in trading volume. With the listing on the platform, IBAT is expected to see a huge influx of investor demand and liquidity.
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