Battle Out is migrating its $FGHT tokens from Ethereum to Polygon in an effort to cut back fuel charges forward of the discharge of its MMA fantasy combating P2E recreation.

Battle Out is migrating $FGHT tokens from the Ethereum community to Polygon in preparation for the discharge of the MMA fantasy combating play-to-earn (P2E) recreation. The strategic transfer is geared toward considerably lowering fuel charges for gamers of the extremely anticipated combating recreation, which options “Avenue Fighter”-like gameplay in a P2E setting.

Migration particulars

The migration course of will contain an airdrop of the equal $FGHT tokens on Polygon to present Ethereum token holders. A snapshot of $FGHT holders on the Ethereum chain can be taken on July twenty second at 2pm UTC. Following this, the airdrop and pool migration will happen on July twenty third at 2pm UTC. All present $FGHT token holders on Ethereum will obtain an equal quantity of $FGHT tokens on Polygon. Moreover, customers who haven’t claimed $FGHT tokens within the presale will even obtain tokens via this airdrop.

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Person influence

For customers who’ve staked ETH $FGHT tokens, their tokens can be mirrored within the new Polygon staking contract. As a result of Ethereum and Polygon are each EVM networks, token addresses will change, however consumer pockets addresses for ETH $FGHT and Polygon $FGHT will stay the identical. Customers can merely swap pockets chains and import the brand new Polygon $FGHT token deal with to see their tokens in Polygon.

The liquidity pool (LP) for ETH $FGHT tokens can be withdrawn and the identical funds can be used to create new LPs for Polygon $FGHT tokens. This transition is meant to optimize the token for the combating recreation in keeping with its upcoming launch.

Battle Out's Ecosystem and Future Plans

Battle Out has established itself as a major participant within the Web3 gaming sector. Its fantasy app, obtainable on the Apple App Retailer and Google Play, permits customers to wager on the outcomes of upcoming occasions and earn factors. The subsequent featured occasion is the UFC bout between Amanda Lemos and Virma Jandiroba on July 20. Gamers can wager on a variety of outcomes, together with winner, spherical and methodology of victory, contributing to Battle IQ, a metric important to the P2E and Transfer-to-Earn (M2E) Battle Out ecosystem.

The upcoming MMA/combating type recreation would be the second main a part of the Battle Out ecosystem. The sport will deliver an immersive combating expertise to the cell platform and permit gamers to participate in P2E actions.

Market potential and neighborhood engagement

The migration of Battle Out's $FGHT tokens to Polygon is a strategic transfer designed to serve the wants of the gaming neighborhood. Diminished fuel charges and elevated transaction speeds are anticipated to considerably enhance consumer expertise. The venture's presale, which resulted in April 2023, raised roughly $6.2 million, highlighting sturdy investor curiosity and assist.

Combining MMA sports activities with the world of betting and gaming permits Battle Out to faucet into a big and rising market. The venture leverages a advertising community that features greater than 100 high-performing sports activities, playing, cryptocurrency and information websites to focus on an viewers of 20 million month-to-month energetic customers. Moreover, Battle Out's partnership portfolio contains greater than 200 exterior websites that host show and paid promoting.

Make investments early earlier than $FGHT turns into the following 100x cryptocurrency

Migrating $FGHT tokens from Ethereum to Polygon is a pivotal step in Battle Out's roadmap, aligned with the corporate's mission to supply a seamless and cost-effective gaming expertise. As the discharge of the MMA fantasy combating recreation attracts nearer, the neighborhood is eagerly anticipating additional improvement and potential development of the Battle Out ecosystem. The discharge date of the combating recreation can be introduced quickly. With vital steps being taken to optimize the ecosystem, Battle Out is poised to make a major influence on the Web3 gaming and MMA sector.