TORONTO, ON – 24/01/2024 – (SeaPRwire) – In a groundbreaking move, BNBBALL introduces a transformative shift in the gaming industry with the Head to Head Earn (H2HE) model, challenging the conventional Play to Earn (P2E) models prevalent in blockchain platforms. This innovative approach, known for its transparency and efficacy, is reshaping the landscape for retail investors.
Deviating from the graphics-driven and promotion-heavy Play to Earn models, the H2HE model emerges as a response to concerns raised by the underlying economic structures of P2E models. A case in point is SolChicks, which amassed nearly $100 million USD. Analysis unveils that a significant portion (38%) of their funding was directed towards free rewards, resulting in a multi-tiered scheme that adversely affected retail investors. The distribution of token prices during fundraising and the allocation of a substantial percentage to the team and non-investors, compared to a minimal percentage for retail investors, showcased potential economic imbalances.
In contrast, BNBBALL’s H2HE model adopts a distinctive 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 strategically designed to promote market stability and investor confidence. A key feature is the 10% token tax, strategically employed to manage the circulating supply through a systematic process:
- A transaction involving the buying and selling of BNBB tokens takes place.
- A portion of the tokens is designated as tax (e.g., 1000 tokens at $0.08 each).
- Taxed tokens are subsequently resold on Centralized Exchanges (CEX) at or above the initial price.
- The proceeds from these sales are utilized to create buy orders on CEX, enhancing market liquidity.
Unlike the P2E model, the H2HE framework eliminates reliance on off-market supply for rewards. Instead, participants engage in a competitive environment by entering BNBB tokens into a smart contract, 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 impact of the H2HE model is heightened with BNBBALL’s planned integration of an NFT Marketplace, a Raffle Marketplace, and a Marketplace Launchpad. This comprehensive strategy aims for long-term sustainability and profitability, enhancing the overall market value and utility of BNBB tokens.
BNBBALL’s commitment to utilizing the entire token supply to support market value growth promises a robust and liquid token economy. This strategy, centered on the continuous growth and circulation of BNBB tokens, is poised to redefine standards in the blockchain gaming industry, fostering trust among both investors and players. The sale is live at BNBBALL Website.
About BNBBALL
BNBBALL stands as a trailblazing platform in the cryptocurrency gaming sector, dedicated to introducing innovative economic models to enhance transparency and sustainability in the industry. The company is gearing up 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
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Sectors: Top Story, Corporate News
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