Just last week, on Nov. 16, CryptoBattles launched its $CBT token sale campaign.
The buzz surrounding the project, and of course, the token sale, has been consistently on the rise given the rich potential CryptoBattles has promised so far — both in terms of the gameplay, as well as the financial incentives from its unique Play2Earn model.
For those out of the loop, CryptoBattles is the first fully transparent, web-based blockchain PVP game launched on the Binance Smart Chain (BSC). It was officially released in Q3 2021. Despite being new, it has already made its way into the ranks of the fastest-growing mainstream GameFi ecosystems on BSC.
In this quick early review today, we’re going to have a look at the key aspects that will eventually decide whether CryptoBattles has what it takes to live up to the potential it has promised so far. These include the quality of the gameplay, tokenomics, and of course, the roadmap the team behind the project is working on.
Like we have already mentioned, CryptoBattles is a Play2Earn PVP blockchain-based game that pays you in crypto for playing.
The game rules are pretty straightforward. It is an online game where you have to compete against other players in one-on-one battles and multiplayer tournaments. Each battle is divided into three stages and seven bases in total. The bases are distributed in the following order:
- Stage#1: 3 bases
- Stage#2: 2 bases
- Stage#3: 2 bases
Your goal is to place more warriors into each base to capture it. The player who captures more bases wins — simple as that.
Check out the rules in detail here for a better understanding of the gameplay.
The financial component
Before starting a new battle with an opponent, you need to make a bet in a BEP20 token.
As of Nov. 2021, CryptoBattles supports: ETH, WBNB, BTCB, USDC, BUSD, BCS-USD.
You can choose any of these BEP20 tokens and pick your preferred bet size from the options available ($5, $10, $20, or $50). Here, the term “bet” basically refers to a smart contract function that is executed after you send your BEP20 tokens to start a new battle. Once you place the bet, you are redirected to the “Opponent Searching” screen where you will be matched against an opponent who placed the same bet amount as you did.
CryptoBattles promises that the typical waiting period for each opponent search is always between five to 60 seconds. Note that you will be matched against players who place the same bet amount as you did, but the choice of BEP20 tokens doesn’t matter. For example, you could place a $20 bet in USDC and still be matched against a player who also made a $20 bet, but in BUSD (or in any of the other supported tokens).
If you win the battle, you earn 1.8x on your bet plus additional rewards in the CBT token, the native asset in the CryptoBattles ecosystem. For example, if you placed a $10 bet and won the battle, you will earn $18 (plus the additional reward in $CBT).
You will be able to buy CryptoBattles token (CBT) on decentralized exchanges such as PancakeSwap after Tokensale ends (December 16, 2021). Alternatively, you can also earn $CBT as a reward by winning duels and tournaments against other players.
CBT is a BEP20 token on the Binsnace Smart Chain. It serves the role of the governance token in the CryptoBattles ecosystem and gives you the right to partake in community proposals. You can stake CBT to earn sizable returns from the project feel pool.
(CBT smart contract address: 0xeA8f52e3BdD7446aB33f1088ba7a04BE0DC1118C).
The CryptoBattles team promises absolute fair play and transparency on the ground that the project never took the private placement or pre-mining route.
The maximum supply of the CBT token has been capped at 100,000,000.00.
CBT token sale
The selection process is on a first-come-first-served basis. 5,000,000.00 CBT (5% of the total supply) is available during token sale 1.0.
- Maximum Individual Allocation in token sale 1.0: $10,000.00.
- Minimum Individual Allocation in token sale 2.0: $2,500.00.
Note that the token sale 2.0 will not require whitelisting and it will allocate 14,000,000.00 CBT (14% of the total supply).
- Maximum Individual Allocation: $2,000.00.
- Minimum Individual Allocation: $50.00.
The price of each $CBT token in the tokensales is $0.1 for $CBT tokensale 1.0 and $0.11 for $CBT tokensale 2.0.
If you follow the roadmap put in the public domain by the CryptoBattles team, you will find that they have already achieved all of the objectives set for Q4 2021 with more than a month to spare.
Up next, the team will start Q1 2022 by releasing the CryptoBattles NFT game skins release, moving on to finalizing CBT staking and Governance, Polygon Chain support, and in-game tournaments with CBT rewards.
You can find the detailed CryptoBattles roadmap here.
For more information and regular updates, visit the CryptoBattles official website.
All the information contained on our website is published in good faith and for general information purposes only. Any action the reader takes upon the information found on our website is strictly at their own risk.