The GameFi platform’s mining pools filled up in under 5 hours. The team also disclosed plans to launch more in the future.
‘We Plan to Open More’
The Non-Fungible Token (NFT) and GameFi platform opened two Deep Mines (three-month and six-month mines) on Aug. 15, urging users to stake tokens to earn rewards, including Mystery Boxes containing the most valuable NFTs.
The protocol designed the mines to open for 72 hours, each able to accept a total of 200,000 staked tokens. However, it took just five hours for users to completely fund the pools with about $10,000 worth of $ISKY.
Speaking concerning the Deep Mines’ success, the team told BSC News that they would launch more staking pools. Further, the Mystery Box incentive for users who stake 5,000 $ISKY will remain.
“We plan to open more. And if you stake 5,000 ISKY you get a free black Mystery Box which holds either an epic skyplot or a legendary NFT. So you not only get staking benefits but also an island,” the team said.
The team also shared details about some recent developments, featuring the updated demo version of its game, and plans to increase its awareness and attract more users in the GameFi space.
From Aug. 8-15, the ISKY token outperformed other players in the GameFi sector. $ISKY surged in price by as much as 270% but has retraced by 36% since then, according to CoinMarketCap data.
As of publication, $ISKY was trading at $0.027.
What Is Infinity Skies:
Infinity Skies is a game based on the Sandbox genre, where players set short-term and long-term goals. The game ensures that players are incentivized to participate in long-term goals. These goals include but are not limited to building islands and castles to reap NFT rewards and trading them to earn $ISKY.
For more information about Infinity Skies, visit the following links:
Source : bsc.news
Founded in 2020, BSCNews is the leading media platform covering decentralized finance (DeFi) on the Binance Smart Chain (BSC). We cover a wide range of blockchain news revolving mainly around the DeFi sector of the crypto markets. BSCNews aims to inform, educate and share information with the global investment community through our website, social media, newsletters, podcasts, research, and live ask me anything (AMA). Our content reaches hundreds of thousands of global investors who are active in the BSC DeFi space.