Play-to-Earn Game MonkeyBall to be Featured as Inaugural Flagship IDO on StarLaunch -Breaking
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StarLaunch to Feature the Play-to Earn Game MonkeyBall as an Inaugural Flagship International OrganizationStarLaunch is pleased to announce that MonkeyBall, the Solana-based pay-to-earn-game MonkeyBall was selected as the launch sponsor. StarLaunch is an incubation and IDO platform.
It is the first IDO to be launched on a brand new platform. This sets expectations for future IDO sales in terms both of quality of projects and final results. Choosing MonkeyBall comes as a natural choice for StarLaunch, due to its large community and investor backing as well as strong fundamentals as an innovative high-production-value, Play-to-Earn game. MonkeyBall was funded by a number of angels and venture capitalists. These included Ventures, NFX (NASDAQ Yoni ASsia, Shahaf Bar Geffen, COTI’s CEO, and Nimrod Léhavi, co-founder of Simplex.
The sale is scheduled for November 30, offering 1% of MonkeyBall’s total supply, or 10,000,000 out of 1 billion MBS tokens. Price is $0.04/MBS with an implicitly diluted valuation value of $40,000,000.
MonkeyBall is a Play-2-Earn game taking the turn-based game feel of Final Fantasy into a FIFA Street-like setting — but the soccer players are monkeys. Each player controls four monkeys, and must beat other monkey teams to win. Users are awarded MonkeyBucks $MBS when they win matches. This token is the engine of the game’s economy.
You can earn MBS by completing mission, owning stadiums, cheering on a monkey team, and attending matches.
Users can spend MBS tokens to upgrade their monkey team or to buy items from the game’s store. Game DAO will manage the in-game store, and the associated treasury. This token is used to ensure transparency and player-ownership.
MBS purchased at this early stage can also be used to get the MonkeyBall NFT drop for 5000 Gen0 monkeys. When the game launches these NFTs will become the first available for use in building monkey team structures.
StarLaunch’s MonkeyBall IDO will benefit from its bi-token participation system.
StarLaunch distinguishes between the IDO access stake and governance token. This is accomplished through $STARS which can be used as a deflationary token, the latter being delegated by Hydrazine ($N2H4). Hydrazine is the “fuel” used to take part in IDOs on StarLaunch, and it is generated by staking $STARS. StarLaunch’s insurance system is one of its most unique aspects. It protects the user from any project failures or outright frauds. This makes it even more critical to select the right IDOs.
“We are psyched to be selected as StarLaunch’s flagship IDO,”
Oren Langberg is Head of Marketing for MonkeyBall.
“From the team that brought us CardStarter, StarLaunch has all the right elements we strove for in a partner, most importantly a team as dedicated and MonkeyNuts as us that also has a proven track record of successful IDOs”
“MonkeyBall represents the future of on-chain gaming. As such we are thrilled to have them as our flagship IDO”,
StarLaunch CEO, Aatash Amir
“As one of the most anticipated play-to-earn games out there, MonkeyBall will set the standard for the top-tier projects set to launch on StarLaunch ”
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