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NFT GameFi Paladin Pandas Raises USD 4 Million in Funds and Launch $BAMB Token | by The Capital | The Capital | Apr, 2022

by Crypto News Bay
April 13, 2022
in Altcoin
Reading Time: 6 mins read
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OHDAT-affiliated NFT Sport Undertaking Paladin Pandas launched their ERC-20 Token $BAMB on the Ethereum chain on April sixth 2022. This established Paladin Pandas as one of many first NFT initiatives that has accomplished each the launch of their play-to-earn recreation and their token.

A hand-drawn 10K NFT assortment launched on Opensea on September twenty eighth 2021, Paladin Pandas offered out in 32 minutes. It was ranked №6 on the day by day quantity leaderboard, №13 on the weekly quantity leaderboard and featured on the OpenSea homepage.

NFT whale homeowners together with influencer and high collector, Zeneca_33, COLE, co-founder of Pudgy Penguins, and NFT influencers Josh Ong and NFT Woman, in addition to crypto artist JN Silva, all added Paladin Pandas to their assortment.

This led to recognition from established VCs and different establishments and angel traders and OHDAT raised funding totalling US$4M from Future Capital, Hashkey Capital, Innoangel, Y2Z Capital, Vincent Niu, the founding father of Sky9 Capital and Mandy Wang, the founding father of Odaily. The funds raised have been to go in the direction of launching new initiatives and implementing the Open World social simulation recreation and MMORPG recreation, highlighted on their Roadmap 2.0.

On January twenty fifth, Paladin Pandas launched ‘PvE recreation Area Expedition’, the place gamers ship their Pandas to planets on an expedition (with 15 phases every) whereas strategically placing the Pandas into groups of three to retrieve the misplaced $BAMB (Bamboonium) by means of battles and mini-games. Since classes like ingredient, class, weapon all matter within the gameplay, gamers want to pick out the proper pandas to purchase and be despatched to battle, involving technique gameplay.

All $BAMB earned from the PvE recreation is locked within the gamers’ $BAMB stability, to be unlocked and claimable at a weekly fee of 15%. The lockup may be lifted if gamers handle to get on the PvP day by day/weekly leaderboard.

On March ninth, PvP: ‘Panda v. Panda’ open demo was formally launched, a 1V1 3D fight recreation for true players. Gamers pay $BAMB to enter the world and loot extra $BAMB from different gamers. With 48 weapons, 7 fundamental strikes and 21 phases, the gameplay will not be restricted to a ‘Stake-to-Earn’ mechanism; it’s an precise ‘Play-to-Earn’ NFT recreation with pleasant technique gaming, which is a stab at revolutionizing NFT gaming. To date, which may be fairly monotonous when the main target is barely on the earnings. The PvP open demo initiated the “Clear the rugs’ marketing campaign and airdropped 40K $BAMB tokens to the gamefi challenge holdlers.

Giving perks to all NFT holders have been taken under consideration when devising the Paladin Pandas ecosystem. Necessary to make use of a Paladin Panda to enter the sport, in order to increase the person base to extra NFT players, non-holders may lease Pandas by paying $BAMB. The rental restrict for every Panda is 2x for PvE and 3x for PvP.

In addition to being an in-game foreign money, $BAMB has a number of utilities. First, $BAMB may be staked together with LP tokens to mine 5% of the general provide, a complete of 25M $BAMB. Second, $BAMB may be swapped to Energy Raffle tickets, which is a WEB3 raffle machine to win blue chip NFT initiatives with minimal entry charges. Third, $BAMB holders are capable of entry unique on-line retailer merchandise, in-game market boosts, and in addition the whitelist market to devour their tokens.

To have a good time the $BAMB launch, the OHDAT staff will incentivize Panda homeowners with 2 airdrops. First, 60 Lease Tickets shall be dropped to 30K new addresses for mining the sport, for his or her first run. Second, 1.5% of the general provide, totaling 7.5M $BAMB shall be airdropped to all Panda holders. Prioritizing enjoyable gaming options, Paladin Pandas goals for $BAMB to be a “blue chip token” within the NFT market over the long run.

Paladin Pandas Hyperlinks

Opensea: https://opensea.io/assortment/paladin-pandas

Twitter: https://twitter.com/Paladin_Pandas

Discord: http://discord.gg/paladin-pandas

Web site: https://paladinpandas.com

Tokenomics: https://paladin-pandas.gitbook.io/usdbamb-tokenomics/





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