Infinity Skies IDO on NFTb Ahead of Launch

Infinity Skies kickstarts 2022 with a successful IDO launch on NFTb with an interesting roadmap ahead

PlaytoEarn Project Enjoys Successful IDO

Infinity Skies, a play-to-earn sandbox game has successfully launched its Initial DEX Offering (IDO) on NFTb and has strong tokenomics to drive value to its participants. Infinity Skies launched its $ISKY token on Gate.io on January 14 at 9.00 a.m. UTC. 

Source: Both the private and public pool was sold out after a successful launch

Anticipation has been building on this project as it prepares itself for a full launch. The gameplay is built around four core elements. It allows the players to build their castles, embark on adventures, socialize and trade their in-game assets. 

The project is backed by notable venture capitalists such as Jump CapitalGD10 Ventures, and AU21 Capital. The platform will be launching its stake and vault pool in approximately 3 days (at the time of writing) with limited slots. Participants will be rewarded with Quiksilver Fragments and can participate before the vault starts. 

Source: Rewards from staking are made known at the inception and not dynamically calculated

Infinity Skies’ Gameplay

The player will own their own island in the sky which is then used to build their castle. The player will climb up the social leaderboard by attaining votes. Players with good standing on the social leaderboards will be able to reap NFT rewards.

The primary currency in the Infinity Skies ecosystem is the Skyblock ($ISKY) token. Skyblock is an ERC-20 token that can be swapped on exchanges for other crypto assets or can be used to purchase NFTs in the marketplace. 5% from each trading transaction will be ‘recycled’ to the community to be distributed. Active players are rewarded with 3% of the ‘recycled’ token from the Play-to-Earn stash. 

Tokenomics

The project has a healthy allocation. A substantial portion has been allocated for the Play-to-Earn segment which is one of the most important features for a GameFi platform. A healthy vesting period is important to sustain the value of the token. In its whitepaper, the entire vesting schedule has been disclosed. 

Source: The team has a balanced allocation to incentivize its participants

The most common concern for investors is often the team and advisors’ allocation. The vesting schedule for this segment stretches the scheduled release till June 2025. This is an assurance to anyone that wishes to invest in SkyBlocks token that the team will not be dumping their token into the market, causing the price to tank. 

Good tokenomics plus a sustainable incentive scheme to the players will put this project at the forefront amongst other more established GameFi projects such as Thetan Arena ($THG) and Axie Infinity ($AXS).

What is Infinity Skies?

Infinity Skies falls within the Play to Earn genre that allows players to set long-term and short-term goals. It takes players to a world above the clouds where they can let their creativity run free and build elaborate castles, socialize with other players in its metaverse. Players can participate in exciting adventures earn valuable in-game NFTs. These NFTs can be traded or sold in their dedicated marketplace. Players remain engaged whilst they earn and have fun. 

For more information about Infinity Skies, these official links will be helpful:

Discord | Twitter | Website | Telegram | Medium | YouTube | TikTok

Source : bsc.news

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