The edge that pays for itself.
Elpis Battle (EBA) Price
Elpis Battle Price
Advantages of Cryptocurrency
Decentralization & Financial Freedom
Cryptocurrencies operate on decentralized networks, removing the need for intermediaries like banks. This enables peer-to-peer transactions, financial inclusion for the unbanked, and resistance to censorship or government control.
Transparency & Security
Blockchain technology provides an immutable, transparent ledger of all transactions. Cryptographic security makes it extremely difficult to counterfeit or double-spend, offering strong protection against fraud.
Global Accessibility
Anyone with an internet connection can send and receive cryptocurrency worldwide, 24/7, without geographic restrictions or banking hours. This is particularly valuable for international remittances.
Investment Potential
Cryptocurrencies have demonstrated significant long-term appreciation potential. Early investors in Bitcoin and Ethereum saw extraordinary returns, and the asset class offers portfolio diversification benefits.
Risks of Cryptocurrency
High Volatility
Cryptocurrency prices can fluctuate dramatically – often by 20–50% or more within short periods. This high volatility makes them inherently risky investments, and significant capital losses are possible.
Regulatory Uncertainty
The regulatory landscape for cryptocurrencies is still evolving globally. Sudden regulatory changes can significantly impact prices and accessibility, creating legal and compliance risks for investors and businesses.
Security Risks
Hacks, scams, and phishing attacks are prevalent in the crypto space. The irreversible nature of blockchain transactions means stolen funds are rarely recovered. Users must secure their private keys and wallets diligently.
Environmental Impact
Proof-of-Work cryptocurrencies like Bitcoin require substantial computational energy, raising environmental concerns. While the industry is transitioning toward more energy-efficient consensus mechanisms, the carbon footprint remains a significant criticism.
History of Cryptocurrency
The history of cryptocurrency begins with Bitcoin, introduced in 2009 by the pseudonymous Satoshi Nakamoto. The Bitcoin whitepaper, published in October 2008, proposed a peer-to-peer electronic cash system enabling online payments directly between parties without going through a financial institution.
Bitcoin's first recorded commercial transaction occurred in May 2010 when Laszlo Hanyecz paid 10,000 BTC for two pizzas – a transaction now celebrated annually as Bitcoin Pizza Day.
The Rise of Altcoins
Following Bitcoin's success, thousands of alternative cryptocurrencies (altcoins) emerged. Ethereum, launched in 2015 by Vitalik Buterin, introduced smart contracts – self-executing agreements coded into the blockchain – enabling decentralized applications (dApps) and decentralized finance (DeFi).
The ICO Boom and Market Crash
The years 2017–2018 saw an explosion of Initial Coin Offerings (ICOs), where new projects raised funds by selling tokens. Bitcoin reached nearly $20,000 in December 2017 before crashing dramatically in 2018, triggering a prolonged crypto winter.
Institutional Adoption
The 2020–2021 bull run saw unprecedented institutional interest, with companies like MicroStrategy and Tesla adding Bitcoin to their balance sheets. Bitcoin hit new all-time highs above $60,000. The launch of Bitcoin ETFs and growing regulatory clarity further legitimized the asset class.
DeFi, NFTs & Web3
Decentralized finance (DeFi) protocols, non-fungible tokens (NFTs), and the broader Web3 movement transformed the cryptocurrency landscape. Platforms like Uniswap, Aave, and OpenSea enabled entirely new financial and digital ownership models.
Today, the cryptocurrency market encompasses thousands of digital assets with a combined market capitalization in the trillions of dollars, representing a fundamental shift in how the world thinks about money, finance, and digital ownership.
Exchange
Elpis Battle FAQ
Elpis Battle is a tactical turn-based RPG operating on the Binance Smart Chain (BSC). The primary objective for players is to explore the game's universe, set on a planet thousands of years ago, which comprises several clans across eight different continents engaged in battles. Players can assemble a team of characters from various clans, such as humans and elves, to participate in diverse activities and earn rewards. Elpis Battle aligns with the play-to-earn model, allowing players to engage in battles, mining, staking, or renting, and take part in the in-game economy to earn cryptocurrency. Additionally, the game features a comprehensive upgrade system that allows players to enhance their characters through various items and skills. The game planned to launch its private beta in November 2021, followed by an open beta in December 2021. It features a detailed roadmap for 2022, including a mobile release and the introduction of various new game modes. You can track its progress and updates on Eulerpool.
Elpis Battle is a project created by the ZEGO Studio team, with support from VCC Holding. ZEGO Studio comprises Vietnamese game developers, including Quang Nguyen, the project's CEO, and Thang Nguyen, its CTO. Quang Nguyen is a seasoned blockchain entrepreneur, known for founding Hyperblocks Pro, a DeFi initiative. Thang Nguyen has experience as a developer for various blockchain-related games, such as Bunicorn and RedKite. Additionally, ZEGO Studio has extensive expertise in mobile game development and has ranked among the global top 20 and the top two in South-East Asia for daily mobile game downloads. VCC Holding serves as a blockchain incubator dedicated to fostering and advancing innovative projects with a long-term industry perspective.
Elpis Battle distinguishes itself with a sophisticated in-game economy that integrates elements of DeFi with NFTs. Players can engage in a variety of in-game activities such as Battle, Mining, Training, Recruiting, and Quests. The game offers numerous methods for players to upgrade their characters to earn more rewards and improve their chances across different modes. Players have the option to train and enhance their heroes, each of whom has unique appearances and random statistics. Elpis Battle features several races, and a hero’s rarity is determined by the number of body parts, skills, and equipment they have. Additionally, new heroes can be recruited by combining existing heroes and a certain amount of tokens. In the game's marketplace, players can trade their assets and items to enhance their character’s skill level and strength by acquiring new equipment. Recreational players can sell items they have collected, while more ambitious players can form groups to achieve substantial in-game rewards.
The total supply of EBA is not specified on the project’s website, but the token distribution is outlined as follows: * 25% - Team and Advisors: Two years linear vesting * 12% - Foundation: Two years linear vesting * 37% - Game Incentives and Staking Rewards: Released upon game release * 4% - Marketing: 10% unlocked at TGE, two years linear vesting * 10% - Operation Reserve: Two years linear vesting * 2% - Liquidity Pool: 100% unlocked at TGE * 2% - Seed Sale: 1.5 years linear vesting * 7% - Private Sale: One year linear vesting * 1% - Public Sale: 40% unlocked at TGE, 30% each month for the following two months EBA will function as the governance token within the game, empowering users to create proposals and vote on decisions that affect the future of Elpis Battle. Additionally, it will act as the in-game currency, allowing players to use it for purchasing items and features. EBA will also be a revenue-bearing asset, with a portion of the profits from Elpis Battle's primary and secondary markets shared with the players.
EBA is set to be a BEP-20 token on the Binance Smart Chain (BSC). BSC is secured via the proof-of-stake consensus mechanism. Every 24 hours, 21 validators are selected to validate transactions and uphold blockchain security. To qualify, these validators must stake a specific amount of BNB coins with Binance.
Elpis Battle is scheduled to have a dual Initial DEX Offering (IDO) on Poolz Finance and Krystal GO on November 19, 2021.
Elpis Battle will be accessible on PancakeSwap V2.
Similar Cryptocurrencies to Elpis Battle
Discover cryptocurrencies similar to Elpis Battle and explore alternatives in the same category.