Development will proceed for NFT gaming platform Battle Infinity as it has passed its soft cap in presale funding, raising $600k in 8 days.
The crypto presale for its native utility token IBAT had a soft cap of 2000 BNB, and 2475 BNB has been raised. At the current intraday high BNB price of $272.6, that’s equivalent to $675,000.
The crypto market is trending up today with Bitcoin spiking over $24,000 earlier and the total crypto market cap to $1.06 trillion before a small retrace.
Investors can still join the BI presale up until the hard cap is hit, using Binance Coin and a MetaMask or Trust Wallet to connect to the presale.battleinfinity.io website.
The amount raised so far is 15% of the hard cap of 16,500 BNB, and on pace to sell out early before the 90 day presale period ends on October 10th.
The soft cap acts as a minimum threshold of funding before the games developers produce and showcase the early product, carry out beta testing, and launch its alpha release. That was equal to 12% of the presale.
The Battle Infinity founders are public and can be found on the website and on LinkedIn, including project lead Suresh Joshi. 28% of the total supply of IBAT tokens is allocated to presale investors with no lockup period.
IBAT is a BEP-20 token on the Binance Smart Chain with a 10 billion maximum supply.
Investors can now expect an early gameplay demo to be showcased – Battle Infinity’s NFT games will use the Unreal Engine SDK to build their virtual world and players will be able to take part using an augmented reality (AR) viewer.
Read more about the Battle Infinity NFT games platform in our full BI review and find the roadmap and whitepaper and battleinfinity.io.
Battle Infinity – Best Crypto Presale 2022
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This article was written for Business 2 Community by Matt Williams.
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Matthew graduated from the University of York with a Bachelors in Interactive Media. Originally hailing from Northampton UK, Matthew has a keen interest in stocks and Fintech, with a passion for writing educational content on ways to earn sustainable side income online to achieve financial freedom. Beginning by writing freelance content for… View full profile ›
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