TORONTO, ON / ACCESSWIRE / January 23, 2024 / The gaming industry is witnessing a significant paradigm shift with the introduction of the Head to Head Earn (H2HE) model by BNBBALL, countering the traditional Play to Earn (P2E) models prevalent across various blockchain platforms. This innovative approach is gaining traction among retail investors for its transparency and effectiveness.
P2E models, known for their enticing graphics and promotional videos, have been appealing to investors but raised concerns due to their underlying economic structures. A notable example is SolChicks, which raised nearly $100 million USD. Analysis reveals that 38% of their funding was directed towards free rewards, which led to a significant market impact, characterized as a multi-tiered scheme adversely affecting retail investors. In their fundraising stages, the distribution of token prices and the allocation of a substantial percentage of the supply to the team and non-investors, compared to a minimal percentage sold to retail investors, demonstrated potential economic imbalance.
The H2HE model introduced by BNBBALL presents a contrasting approach. With a total supply of 100,000,000 tokens and an initial raise of $1,000,000 at $0.08 per token, the model is designed to foster market stability and investor confidence. One of the key features of this model is the 10% token tax, which is strategically used to manage the circulating supply. This mechanism involves the following steps:
- A transaction occurs, involving the buying and selling of BNBB tokens.
- A portion of the tokens is allocated as tax (for instance, 1000 tokens at $0.08 each).
- These taxed tokens are then resold on Centralized Exchanges (CEX) at or above the initial price.
- The proceeds from these sales are used to create buy orders on CEX, enhancing market liquidity.
Unlike the P2E model, the H2HE framework does not rely on off-market supply for rewards. Instead, it operates on a straightforward principle where participants enter BNBB tokens into a smart contract, engaging in a competitive environment with the winner receiving the entire reward. This not only ensures a fair and transparent gaming experience but also contributes to a stable and upward market trend for the token.
The H2HE model's impact is further amplified when coupled with BNBBALL's planned integration of an NFT Marketplace, a Raffle Marketplace, and a Marketplace Launchpad. This holistic approach is expected to drive long-term sustainability and profitability, thereby enhancing the overall market value and utility of BNBB tokens.
BNBBALL's commitment to utilizing the entire supply of tokens in a manner that supports market value growth promises a robust and liquid token economy. This strategy, focused on the constant growth and circulation of BNBB tokens, is set to redefine the standards in the blockchain gaming industry, building trust among investors and players. The sale will be live at https://app.bnbball.com.
About BNBBALL
BNBBALL is a pioneering platform in the cryptocurrency gaming sector, dedicated to introducing innovative economic models for enhancing transparency and sustainability in the industry. The company is preparing for its Initial DEX Offering (IDO) on platforms like Enjinstarter, Spores, and Kingdom Starter, with plans for Centralized Exchange (CEX) listings on Ascendex, Probit, and BitMart.
Media Contact:
Name: BC Simon
Company: BNBBALL
Website: https://bnbball.com/
Telegram : https://t.me/bnbballofficial
Twitter : https://twitter.com/bnb_ball
SOURCE: BNBBALL