Bold Point is ready for listing on TraderJoe: GameFi is leading the Way in Avalanche

Over the years, there has been a massive proliferation of blockchains; all of which have distinctive features to offer the crypto society. Among them is Avalanche- a blockchain built to resolve every issue ailing existing blockchains.

Unlike these blockchains, Avalanche uses an optimized directed acyclic graph (DAG) and a novel consensus protocol- Snowman. Also, it has a finality time of 1 second. It supports the development of decentralized and interoperable blockchains (called subnets).

These advantages have made it possible for developers to create customized and interoperable subnets that can serve the needs of large enterprises. Developers can interact with other subnets in the ecosystem while enjoying the security of the mainnet. Developers can also move their projects from the Ethereum blockchain to Avalanche as its virtual machine is compatible with Ethereum's.

GameFi was developed using blockchain technology to take over traditional gaming and give classic and crypto gamers an avenue to earn. Players are offered in-game rewards, like weapons, virtual cards, costumes, and avatars, for playing games on the blockchain. These rewards can be traded on NFT marketplaces.

Leading the GameFi movement on Avalanche is Bold Point, recently conducted its public sale on Avalaunch. Although the requirements for launching on Avalaunch are rigorous, Bold Point has done well to meet all of them.

Bold Point: the Pace Setter of Avalanche GameFi

Bold Point is a roleplaying NFT-based game developed on the Avalanche network to provide gamers with a fun and competitive gaming experience. It was designed by a team of veteran game developers as the first high-value initiative from YAY Games. YAY Games is a household for NFT marketplace, game library, launchpad, and incubator.

The game mechanics of Bold Point is designed for classic and crypto gamers to win rewards in form of NFTs as they fight monsters and progress in the game. It consists of several classes of characters that must be positioned and moved correctly to emerge victoriously. While Tanks and Pikemans are already available, Mages will be released before the initial DEX offering (IDO).

In the P2E model of Bold Point, those with the highest percentage make the most. The game plans to implement a map and freeroam in the future that would allow players to roam freely outside the battle mode around the map to challenge enemies and level up.

Every item, achievement, and character in the game are tokenized and can be traded in the Bold Point marketplace or Loot (YAY Games marketplace). Bold Point has distinctive features that help it retain its great value, including its addictive and competitive gameplay plan, its relatively low entrance barrier for the P2E type of in-game economy, and its native integration with the YAY ecosystem.

Also, its DAO, DeFi, and advanced PvE and PvP mechanics all contribute to making it attractive to popular gaming guilds and communities. Bold Point's mission is to incentivize gamers around the world using a top-notch ecosystem designed on its sidechain technology.

$BPT; the In-game Currency

Users can earn incentives in form of items, characters, and achievements. These incentives can be traded using the in-game currency- $BPT. Also, users can add and withdraw fiat currencies and trade with $YAY.

$BPT is required in accelerating progress, removing restrictions, and acquiring premium consumables and equipment offers. It can be mined through daily achievements in the dungeons, arenas, journeys, resource extractions, or item drops.

There would be a total supply of 1 billion $BPT out of which 8.57% were available during IDO and 5% are reserved for farming rewards. While it has some upcoming DEXes listing, it has been whitelisted for April 14th, 2022 on the top DEX on Avalanche, Trader Joe.

The IDO price was $0.0175 with a hard cap of $3.6 million. Before the listing and new farms a new game release will be launched. Reports have shown that GameFi projects that host their IDO on Avalaunch earn over 164X in ROI.

While crypto markets keep struggling with price action, the GameFi industry is shilling amidst the macroeconomic trends. Bold Point is one of the P2E games pioneering open-world voyage with strategic turn-based battles. It is expected to perform highly upon launch and contribute to Avalanche GameFi's ecosystem.

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.