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Elpis Battle Stock

Elpis Battle

EBA

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Elpis Battle Whitepaper

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Elpis Battle FAQ

### What is Elpis Battle (EBA)? Elpis Battle (EBA) is a cryptocurrency initiative designed to revolutionize the gaming industry. It combines elements of blockchain-based gaming with decentralized finance to offer an innovative and immersive user experience. For more detailed information and analysis on Elpis Battle, please refer to Eulerpool.

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.

Who Founded Elpis Battle?

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.

What Distinguishes Elpis Battle?

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.

What is the Circulating Supply of Elpis Battle (EBA) Coins?

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.

How is the Elpis Battle Network Secured?

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.

What is the Start Date for Trading Elpis Battle (EBA)?

Elpis Battle is scheduled to have a dual Initial DEX Offering (IDO) on Poolz Finance and Krystal GO on November 19, 2021.

Where Can You Purchase Elpis Battle (EBA)?

Elpis Battle will be accessible on PancakeSwap V2.

Investors interested in Elpis Battle are also interested in these Cryptos

This list presents a carefully selected selection of Cryptos that might be of interest to investors. We have our own crypto analyses for all listed Cryptos on Eulerpool.

Beginnings and the Rise of Cryptocurrencies

The history of cryptocurrencies began in 2008 when an individual or group using the pseudonym Satoshi Nakamoto published the whitepaper "Bitcoin: A Peer-to-Peer Electronic Cash System." This document laid the foundation for the first cryptocurrency, Bitcoin. Bitcoin utilized a decentralized technology known as blockchain to enable transactions without the need for a central authority.

In January 2009, the Bitcoin network commenced with the mining of the Genesis Block. Initially, Bitcoin was more of an experimental project for a small group of enthusiasts. The first known commercial purchase using Bitcoins occurred in 2010, when someone spent 10,000 Bitcoins on two pizzas. At that time, the value of one Bitcoin was just fractions of a cent.

The development of other cryptocurrencies

Following the success of Bitcoin, other cryptocurrencies soon emerged. These new digital currencies, often referred to as "Altcoins," sought to use and improve blockchain technology in various ways. Some of the most well-known early Altcoins include Litecoin (LTC), Ripple (XRP), and Ethereum (ETH). Ethereum, founded by Vitalik Buterin, was particularly distinct from Bitcoin, as it enabled the creation of smart contracts and decentralized applications (DApps).

Market Growth and Volatility

The cryptocurrency market grew rapidly, and with it public attention. The value of Bitcoin and other cryptocurrencies experienced extreme fluctuations. Highlights such as the end of 2017, when the Bitcoin price nearly reached 20,000 US dollars, alternated with sharp market crashes. This volatility attracted both investors and speculators.

Regulatory Challenges and Acceptance

As the popularity of cryptocurrencies rose, governments around the world began to grapple with the regulation of this new asset class. Some countries adopted a friendly stance and encouraged the development of crypto technologies, while others introduced strict regulations or outright banned cryptocurrencies. Despite these challenges, the acceptance of cryptocurrencies in the mainstream has steadily increased, with companies and financial institutions starting to adopt them.

Recent Developments and the Future

In recent years, developments such as DeFi (Decentralized Finance) and NFTs (Non-Fungible Tokens) have broadened the range of possibilities offered by blockchain technology. DeFi enables complex financial transactions without traditional financial institutions, while NFTs allow for the tokenization of artwork and other unique items.

The future of cryptocurrencies remains exciting and uncertain. Questions about scalability, regulation, and market penetration remain open. Nevertheless, interest in cryptocurrencies and the underlying blockchain technology is stronger than ever, and their role in the global economy is expected to continue growing.

Advantages of Investing in Cryptocurrencies

1. High Return Potential

Cryptocurrencies are known for their high potential returns. Investors who got in early on projects like Bitcoin or Ethereum have made substantial gains. This high return makes cryptocurrencies an attractive investment opportunity for risk-seeking investors.

2. Independence from Traditional Financial Systems

Cryptocurrencies offer an alternative to the traditional financial system. They are not bound to the policies of a central bank, making them an attractive hedge against inflation and economic instability.

3. Innovation and Technological Development

Investing in cryptocurrencies also means investing in new technologies. Blockchain, the technology behind many cryptocurrencies, has the potential to revolutionize numerous industries, from financial services to supply chain management.

4. Liquidity

Cryptocurrency markets operate around the clock, which means high liquidity. Investors can buy and sell their assets at any time, which is a clear advantage compared to traditional markets that are tied to opening hours.

Disadvantages of Investing in Cryptocurrencies

1. High Volatility

Cryptocurrencies are known for their extreme volatility. The value of cryptocurrencies can rise or fall quickly and unpredictably, posing a high risk to investors.

2. Regulatory Uncertainty

The regulatory landscape for cryptocurrencies is still emerging and varies greatly from country to country. This uncertainty can lead to risks, especially when new laws and regulations are introduced.

3. Security Risks

While blockchain technology is considered very secure, there are risks associated with the storage and exchange of cryptocurrencies. Hacks and fraud are not uncommon in the crypto world, which requires additional precautions.

4. Lack of Understanding and Acceptance

Many people do not fully understand cryptocurrencies and the underlying technology. This lack of understanding can lead to misguided investments. Additionally, the acceptance of cryptocurrencies as a means of payment is still limited.