A venue for NFT games and fantasy sports, Battle Infinity (which is focused on taking Axie Infinity’s accomplishments to a unique level), has witnessed remarkable progress of up to 2M in only 22 days. The blockchain games venture has presently collected above the 50% of the amount that it was pursuing from its investors via IBAT’s (its token) sale. NFT technology is utilized by Battle Infinity to construct a gaming venue to deal with the advancing space of fantasy sports and elevate its position in comparison within the respective sector.
Battle Infinity Speeds up Its Fundraising to Revolutionize Fantasy Sports
The project’s target is to interconnect fantasy sports and the Metaverse, the capability to carry out trading of the in-game assets outside and on the venue, as well as the play-to-earn (P2E) apparatus are the things that are working collectively to grasp the attention of the professional investors. Initially, a span of 90 days was specified for the fundraiser however the project is well-above the respective run-rate schedule.
The concentration of Battle Infinity is set at gathering 16,500 in BNB in the presale, as it has in advance surpassed the expectations by completing the goal of approximately 2,000 BNB in its soft capitalization formerly. BNB is known as Binance Exchange’s token, with a value of almost $278 at the moment.
A soft capitalization counts as the least amount required by a project to provide its least viable product, whereas the hard capitalization (16,500 BNB) is considered to be the full amount that a project aims at collecting in advance of the denouement of its token’s presale. The pace with which the investors are grabbing Battle Infinity’s token IBAT indicates that the crypto investors are still making efforts to regain the prestige of the crypto market, despite the difficult conditions that are hindering the general market.
Gaming Sector Still Immune to Crypto Crash
DapperRadar recently published a report in which it brought to the front that the least influenced section by the crypto crash within the industry is the gaming sector. A team of developers from India is constructing Battle Infinity and the project’s intention is to expose the Indian community to the broad market of fantasy sports. Indian space of fantasy sports is presently dominated by Mobile Premier League and Dream 11, with more than 185M app downloads.
Nonetheless, the scope of Battle Infinity will not be limited just to the Indian market. It has a grand global vision, hence apart from launching a cricket-based game, the project will move toward football as well as American sports like basketball, along with concentrating on several other prominent leagues from across the globe.
In the field of fantasy sports, teams (that are based on real players) are built by the venue’s consumers and the performance of such a team is measured according to the respective players’ real-world achievements. Suresh Joshi, the co-founder of the project, also expressed excitement about the presale. In his words, their team is presently operating on a decentralized exchange (DEX) called Battle Swap.
