Battle Infinity IBAT token lists on centralised exchange LBank on Friday 26th at 12pm UTC (5.30pm New Delhi, 8am New York, 1pm London)
The IBAT token launched on Pancakeswap less than two weeks ago. The token is currently showing a gain of nearly 400% on the presale price of $0.0015, and on launch day made a gain of as much as 700%. IBAT is currently priced at $0.0072.
Market participants expect the IBAT price to undergo further appreciation as a flood of liquidity enters the ecosystem via the IBAT/USDT trading pair.
Battle Infinity is building a Play-to-Earn fantasy sports platform with a metaverse spin that it says is the first of a kind.
Battle Infinity is revolutionising fantasy sports
The project is looking to compete against companies such as Dream11, which has seen its app downloaded 100 million times in India, where its Indian Premier League game is immensely popular.
Battle Infinity aims to go beyond the offerings of the legacy players by using NFTs to underpin its team creations and in its Battle Arena to create a virtual world where the teams can battle.
The value of the players in the teams is linked to their performance in the real-world leagues they play in
The announcement has been eagerly awaited after a Telegram teaser announcement went out a couple of days ago.
Here are the Battle Infinity IBAT deposit and withdrawal dates and times
Current holders will be able to deposit on the LBank exchange from 25th August at 12pm UTC
Get ready to fill your bags with $IBAT on LBank Exchange on 26th August 2022 at 12:00 pm UTC.
Withdrawals start on 27th August 12pm UTC.
LBank is the 18th largest crypto exchange by 24-hour volume, turning over around $1 billion on an average day.
Unlike on the decentralised exchange Pancakeswap, there is no tax imposed on sellers, although it is expected that buyers will considerably outnumber sellers.
More announcements on Battle Infinity product milestones to come?
Some community members were speculating that the announcement today would have included news on th progress with the project.
The team members have previously indicated that the Battle Stake and Battle Swap were likely to be the first products to launch.
It is expected that the LBank exchange listing will be but the first of many CEXs IBAT will be listing on, providing the crypto community with more options for getting into the ecosystem.
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