Battle Infinity
Crypto Overview
Overview
Battle Infinity is a gaming platform built on the Binance Smart Chain that combines gaming with blockchain technology. The platform includes several components including the IBAT Premier League (a fantasy sports game), IBAT Battle Games (multiplayer games), IBAT Battle Market (NFT marketplace), IBAT Battle Stake (staking platform), IBAT Battle Swap (decentralized exchange), and IBAT Battle Arena (metaverse world).
Purpose and Utility
The IBAT token serves as the native currency within the Battle Infinity ecosystem. It is used for: purchasing in-game assets, trading on the platform's marketplace, staking rewards, and governance participation. The token has maintained its core utility focus since launch.
Business Model Analysis
The platform's core activities revolve around gaming, NFT trading, and staking. While gaming elements are present, they are skill-based rather than chance-based. The staking mechanism is based on providing liquidity and securing the network rather than interest-bearing loans.
Development and Adoption
The project maintains active development with regular updates to their platform components. The team has delivered most of their roadmap items, though user adoption remains relatively modest. Development activity can be verified through their GitHub repository and regular platform updates.
Token Distribution
Total Supply: 10 billion IBAT tokens. The distribution includes: 28% for platform development and marketing, 20% for the team (with vesting periods), 2% for advisors, and 50% for the public and ecosystem growth. Team tokens are subject to a vesting schedule over 24 months.
Technological Implementation
The platform operates on Binance Smart Chain, utilizing smart contracts for its various functionalities. The core technology focuses on gaming mechanics and NFT integration, avoiding interest-based mechanisms or gambling elements.
Crypto Impact
To assign a comfort level investing in Battle Infinity from a halal perspective we need to determine whether it has a net positive or negative impact.
Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to Battle Infinity.
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