Kaby Arena

Kaby Arena

KABY
$0.000438068%-1.46

Key Metrics

Price$0.000438068
Real Volume (24H)$14,441.37
Marketcap$399,142.3
Fully Diluted ValuationN/A
ATH$0.178272
ATH Date9/4/2021, 5:17:28 PM
ATL$0.0007561
ATL Date12/25/2022, 5:55:41 PM
Circulating SupplyN/A
Total Supply232M
WebsiteN/A
WhitepaperN/A
Popularity Rank2863
Chart
What is Kaby Arena?

Kaby Arena (KABY) is a gaming ecosystem on the Polygon and Binance Smart Chain (BSC) network that connects players to a tactical multiplayer role-playing game (RPG) developed by Ziga gaming studio. The game is designed with free-to-play and play-to-earn (P2E) mechanisms that offer opportunities for players to earn money while playing. KABY tokens are used to mint non-fungible tokens (NFTs) which players can trade in the game's marketplace, offering additional earning potential.

The Kaby Arena game is closely linked to the cryptocurrency world, with game rules designed to promote understanding of the crypto market. Players who have a good grasp of the market have a higher chance of winning points in the game, thus incentivizing players to learn more about crypto to earn more coins. Players can collect materials in the game to mint NFTs using KABY tokens. Each player has no limit to the number of heroes and equipment it can gather, choosing from five heroes (water, wind, fire, darkness, light), each with four skills and four basic stats (HP, attack, defense, and support).

Kaby Arena is currently at the first stage of its roadmap, having completed game and smart contract development. The upcoming months will see a public token sale for KABY coins and NFT hero sales, followed by the launch of a marketplace for players to trade NFTs and a staking platform. The team plans to launch a minimum viable product (MVP) game by October 2021, allow NFT minting by November, and enable player versus player (PvP) waging by December 2021.

Ziga gaming arena, established in 2014, developed Kaby Arena, with Nhan Bui and Anh Phan as the founders. CEO Nhan Bui has ten years of experience in virtual collectible trading and was a former IT lead at RMIT. COO Anh Phan has a PhD from Japan’s Nara Institute of Science and Technology and has five years of experience in AI and data science. Both founders come from competitive gaming backgrounds, and the Kaby Arena team has a total of six members.

Kaby Arena aims to solve the issue of low player bases in regular NFT games caused by the high cost required to begin playing tournaments. By making the game free to play and introducing anti-scripting measures to disallow bots and remove such accounts, KABY minimizes the high entry cost of the game. Kaby Arena emphasizes competitiveness, and regular tournaments are held every week, month, quarter, and year with attractive prizes to incentivize gamers to stay active. The game allows the combination of powerful heroes to create a new offspring with inherited traits to counter overly powerful heroes, ensuring fair gameplay.

Beyond earning money through gaming, Kaby Arena allows users to lease their assets, generating income for users. Rentals can be done with or without collateral, benefitting free-to-play gamers and ensuring easier market entry. The KABY token has multiple uses both in the game and outside, such as exchanging for resources or gaming upgrades, minting NFTs, buying or renting NFT assets, and staking for interest to earn passive income.

Non-NFT heroes in the Kaby Arena world are free rewards from the player versus environment (PvE) mode of the game and can be converted to NFT heroes by utilizing the KABY token. These NFT heroes are ERC-721 tokens and can be traded on the Kaby Arena marketplace or other NFT markets.

Kaby Arena's unique point is its links to the cryptocurrency world, with Crypto Wars held to benefit players with an understanding of how crypto works, promoting onboarding more people onto the crypto world, and benefiting the entire crypto market as a whole. This feature sets Kaby Arena apart from other NFT games, and it's one of the reasons why it's gaining popularity among crypto enthusiasts and gamers alike.

In conclusion, Kaby Arena is an innovative and unique gaming platform that links the world of gaming and cryptocurrency. With its focus on inclusivity and fairness, Kaby Arena has the potential to attract a wide audience of gamers and crypto enthusiasts alike. The future looks bright for Kaby Arena, and it will be exciting to see how the platform evolves and grows in the coming years.

Disclaimer

The investment information, comments, and recommendations provided here do not fall under the scope of investment consulting. Therefore, making an investment decision based solely on the information and comments provided here may not yield results that meet your expectations.

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