Battle Infinity (IBAT) – scam or legit?

YEREVAN (CoinChapter.com) — Battle Infinity (IBAT) crypto is a new player on the gamefi scene from India that aims to take the industry by storm. However, it is yet unclear if the claims are justified. Thus, a closer look at the platform and its utility token IBAT is warranted.

Battle Infinity project

The project includes an exchange called BattleSwap, and an NFT marketplace for in-game assets called BattleMarket. Additionally, the platform offers IBAT staking opportunities and several games.

IBAT Premier League is the world’s first decentralized blockchain NFT-based fantasy sports game integrated with the Metaverse. Here you can build your own strategic team to battle and earn with others all around the world.

reads the website.

However, all the information about the platform and its token comes from the team or paid promotional articles, which hinders fair analysis.

The whitepaper disclaimer states that the “Battle Infinity smart contracts are open-source, security audited, permanent, and non-modifiable in any way.” However, the document also relinquishes all responsibility for the token’s future performance.

This Whitepaper is subject to change or update, and should not be construed as a commitment, promise, or guarantee by The Battle Infinity or any other individual or organization mentioned in this white paper regarding the future availability of token-related services, or their future performance or value.

says the document

The team behind the project is transparent. Thus, all who wish to research the developers behind the project have no problem doing so, which is a favorable sign in the crypto sphere.

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IBAT Tokenomics

Battle Infinity hit the scene in July 2022 with seed round funding. The latter collected over $350,000 in the first week, signaling the high demand for P2E platforms. Meanwhile, the Battle Infinity crypto IBAT token has been on presale from July 11 to Aug 14.

IBAT is a utility token that runs on the Binance Smart Chain network based on the BEP-20 protocol. It is a repository of value for assets, objects, characters, etc. on the gaming platform.

reads the whitepaper.

However, IBAT is not yet listed on coin tracking websites, such as CoinGecko, or CoinMarketCap. Thus, getting clear information on the Battle Infinity crypto price is problematic. Conversely, information on token distribution is available on the website.