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Cryptocurrency News Articles

Battle Hard Unveils Its Economic Model for the B Token, Which Will Be Used for Activity Within the Battle Hard Ecosystem

Dec 12, 2024 at 12:21 pm

The B token has a total supply of 5 million, with 1 million allocated to live on the Neo blockchain and the rest slated to persist on four future networks at 1 million B tokens each.

Battle Hard Unveils Its Economic Model for the B Token, Which Will Be Used for Activity Within the Battle Hard Ecosystem

Battle Hard has unveiled its economic model for the B token, which will serve as the primary medium of exchange within the Battle Hard ecosystem. The B token boasts a total supply of 5 million, out of which 1 million will be allocated to the Neo blockchain. The remaining tokens will be distributed across four additional networks, with each network receiving 1 million B tokens.

According to the Battle Hard team, the B token will be utilized for various activities, including mfg and voting. The tokens will also play a crucial role in the Battle Hard game, where players can fuse NFTs from multiple projects and engage in thrilling battles on the platform. Once fused, the NFTs become "Battle Hardened" and can be used for competition. The Battle Hardened concept features an arena inspired by Pokemon stats and battle systems.

The Battle Hard tokens will be allocated as follows:

* 1 million B tokens will be allocated to the Neo blockchain.

* 2 million B tokens will be reserved for the Launch Sales.

* 1.5 million B tokens will be allocated to the Market Sales.

* 500,000 B tokens will be used for the Battle Hard game.

* 500,000 B tokens will be allocated to the Battle Hard DAO.

The Market and Launch Sales will be conducted through the Vendor smart contract, which recently launched on the Neo N3 MainNet. Vendor serves as a token distribution tool for emerging projects that lack the resources to establish liquidity pools on a non-custodial exchange. It enables a token creator to stock the contract with "bundles" comprising a predefined amount of tokens that can be traded for another token. For instance, a creator can release 100 bundles, each carrying a cost of 2 GAS and containing 100 B tokens. This method facilitates the distribution of 10,000 B tokens without utilizing a liquidity pool.

In addition to the Vendor smart contract, Battle Hard pushed the Legends and Hardened contracts live last week. To celebrate, the team is currently hosting a US $1,000 giveaway in B tokens.

About Battle Hard

Battle Hard is a cross-chain NFT project that aims to breathe new life into dormant NFTs and abandoned projects. The platform allows users to fuse NFTs from multiple projects and engage in competitive battles on the platform. Once fused, the NFTs become "Battle Hardened" and can be used for competition. The Battle Hardened concept incorporates an arena inspired by Pokemon stats and battle systems.

Battle Hard plans to expand to other networks after launching on Neo N3.

The original tokenomics announcement can be found at the following link: https://x.com/BATTLE__HARD/status/1866274434593775636

News source:neonewstoday.com

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Other articles published on Dec 12, 2024