Battle Out is migrating its $FGHT token from Ethereum to Polygon to cut back fuel charges forward of its MMA fantasy combating P2E sport launch.
In preparation for the launch of its MMA fantasy combating Play-to-Earn (P2E) sport, Battle Out is migrating its $FGHT token from the Ethereum community to Polygon. This strategic transfer goals to considerably scale back fuel charges for gamers of the extremely anticipated combating sport, which is ready to characteristic ‘avenue fighter’-like gameplay in a P2E setting.
Particulars of the Migration
The migration course of includes an airdrop of equal $FGHT tokens on Polygon to present Ethereum token holders. A snapshot of the $FGHT holders on the Ethereum chain can be taken at 2 PM UTC on July 22. Following this, the airdrop and pool migration will happen at 2 PM UTC on July 23. All present $FGHT token holders on Ethereum will obtain an equal quantity of $FGHT tokens on Polygon. Moreover, customers who haven’t claimed their $FGHT tokens from the presale may even obtain their tokens via this airdrop.
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Impression on Customers
For customers with staked ETH $FGHT tokens, their tokens can be mirrored in a brand new Polygon staking contract. Each Ethereum and Polygon being EVM networks implies that consumer pockets addresses for ETH $FGHT and Polygon $FGHT will stay the identical, though the token handle will change. Customers solely want to modify their pockets chain and import the brand new Polygon $FGHT token handle to view their tokens on Polygon.
The liquidity pool (LP) for the ETH $FGHT token can be pulled, and a brand new LP can be created for the Polygon $FGHT token utilizing the identical funds. This transition goals to optimize the token for gaming functions, aligning with the upcoming launch of the combating sport.
Battle Out’s Ecosystem and Future Plans
Battle Out has established itself as a big participant within the Web3 gaming sector. Its Fantasy App, obtainable on the Apple App Retailer and Google Play, permits customers to guess on the outcomes of upcoming occasions to earn factors. The following occasion in focus is the UFC combat between Amanda Lemos and Virma Jandiroba on July 20. Gamers can guess on numerous outcomes, such because the winner, the spherical, and the tactic of victory, contributing to their Battle IQ—a metric integral to the P2E and Transfer-to-Earn (M2E) Battle Out ecosystem.
The upcoming MMA/Combating-style sport represents the second main a part of Battle Out’s ecosystem. This sport will deliver an immersive combating expertise to cellular platforms, permitting gamers to interact in P2E actions.
Market Potential and Neighborhood Engagement
Battle Out’s $FGHT token migration to Polygon is a strategic transfer designed to cater to the gaming neighborhood’s wants. The discount in fuel charges and improved transaction speeds are anticipated to reinforce the consumer expertise considerably. The mission’s presale, which concluded in April 2023, raised practically $6.2 million, underscoring sturdy investor curiosity and assist.
The MMA sport, mixed with the world of betting and gaming, positions Battle Out to faucet into a big and rising market. The mission targets an viewers of 20 million lively month-to-month customers, leveraging a advertising and marketing community that features over 100 high-performance sports activities, playing, crypto, and information websites. Moreover, Battle Out’s partnership portfolio includes over 200 exterior websites that host show and paid promoting.
INVEST IN $FGHT EARLY BEFORE IT BECOMES NEXT 100X CRYPTO
The migration of the $FGHT token from Ethereum to Polygon marks a pivotal step in Battle Out’s roadmap, aligning with its mission to ship a seamless and cost-effective gaming expertise. Because the MMA fantasy combating sport launch approaches, the neighborhood eagerly anticipates additional developments and the potential progress of the Battle Out ecosystem.The discharge date of the combating sport can be introduced quickly, and with the numerous steps taken to optimize its ecosystem, Battle Out is poised to make a considerable impression within the Web3 gaming and MMA sectors.
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