EBA meaning in Cryptocurrency ?

Answer:

What Is Elpis Battle (EBA)?

Elpis Battle is a tactical turn-based RPG on the Binance Smart Chain (BSC). The player’s main goal is to explore the game’s universe, which is set on a planet thousands of years ago and features several clans on eight different continents that all battle each other. Players can assemble a group of characters from the different clans, such as humans, elves and others, and engage in various activities to earn.

Elpis Battle follows the play-to-earn trend in that players can battle, mine, stake or rent and participate in the in-game economy to earn cryptocurrency. Furthermore, it features an elaborate upgrade system that enables players to level up their characters through various items and skills.

The game plans to launch its private beta in November 2021 and go into open beta in December 2021. It boasts a detailed roadmap for 2022, featuring a mobile release and various new game modes.

Who Are the Founders of Elpis Battle?

Elpis Battle is developed by ZEGO Studio team members and backed by VCC Holding. ZEGO Studio is a team of Vietnamese game developers featuring Quang Nguyen, the project’s CEO and Thang Nguyen, its CTO. Quang Nguyen is an experienced blockchain entrepreneur that previously founded Hyperblocks Pro, a DeFi project. Thang Nguyen was a developer for several blockchain-related games like Bunicorn and RedKite. Moreover, ZEGO boasts significant experience in developing mobile games and was in the global top 20 and the top two in South-East Asia for daily downloads of mobile games.

VCC Holdings is a blockchain incubator that focuses on supporting and developing innovative projects with a long-term vision for their industry.

What Makes Elpis Battle Unique?

Elpis Battle stands out thanks to its intricate in-game economy combining elements from DeFi with NFTs. For instance, players can partake in various in-game activities like Battle, Mining, Train, Recruit and Quest. The game offers multiple ways to level up your character in order to earn more rewards and stand a better chance in the various modes.

Gamers can also choose to train and level up their heroes, which all possess unique shapes and random stats. Elpis Battle features several races, and the hero’s rarity depends on their number of body parts, the number of skills and the equipment they possess. It is also possible to recruit new heroes through a combination of old heroes and a number of tokens held.

In the game’s marketplace, players can trade their assets and items and improve their character’s skill level and strength by acquiring new items. Furthermore, recreational players can sell items they accumulated, while aspiring players can build groups to gain large-scale in-game rewards.

Related Pages:

Check out CryptoZoon (ZOON) — a Pokémon-inspired NFT trading game.

Check out My DeFi Pet (DPET) — a pet-oriented trading game.

Learn how NFTs work in our guide to non-fungible tokens.

Get the latest crypto news and latest trading insights with the CoinMarketCap blog.

How Many Elpis Battle (EBA) Coins Are There in Circulation?

The total supply of EBA is not detailed on the project’s website, but it outlines the following token distribution:

25% - team and advisors: two years linear vesting12% - foundation: two years linear vesting37% - game incentives and staking rewards: released upon game release4% - marketing: 10% unlocked at TGE, two years linear vesting10% - operation reserve: two years linear vesting2% - liquidity pool: 100% unlocked at TGE2% - seed sale: 1.5 years linear vesting7% - private sale: one year linear vesting1% - public sale: 40% unlocked at TGE, 30% per month the following two months

EBA will be used as the game’s governance token to create proposals and vote for decisions that influence the future of Elpis Battle. It will also serve as the game’s in-game currency, meaning players can use it to pay for items and features, as well as being a revenue-bearing asset, where a portion of the profits from the primary and secondary markets of Elpis Battle is shared with the players.

How Is the Elpis Battle Network Secured?

EBA will be a BEP-20 token on the Binance Smart Chain. BSC is secured through the proof-of-stake consensus mechanism. 21 validators are elected every 24 hours to validate transactions and maintain blockchain security. These validators have to stake a certain amount of BNB coins with Binance to be eligible.

When Will Elpis Battle (EBA) Trading Begin?

Elpis Battle will have a dual IDO on Poolz Finance and Krystal GO on Nov.19, 2021.

Where Can You Buy Elpis Battle (EBA)?

Elpis Battle will be available on PancakeSwap V2.

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