Solana Based Play-to-Earn Startup MonkeyBall raises $3M From Cryptos Top VCs and Founders

According to the latest data gathered, the current price of MonkeyBall is $0.43 and MBS is currently ranked #3215 in the entire crypto ecosystem. With immersive gameplay combined with various options to earn, this game has the high potential to spark a strong following and carve a secure space in the competition. Aside from earning, being a spectator also provides players with non-monetary benefits, which include analyzing a team’s strategies and providing a team with a morale boost through supporting. The Stadium is the game’s version of “land,” which is one of the most valuable assets in any blockchain-based game. Gamers can use MBS to purchase consumable items at MonkeyBall’s store or to breed new Monkeys.

MonkeyBucks, commonly known as MBS, is the in-game money of the Monkey League. There are six different ways to obtain MonkeyBucks, which have a total quantity of one billion in total. When playing as a spectator, a player must watch and support the Monkey side with the best chance of winning the match. A player’s precision score is challenged while kicking to score a goal, for example, because the goalkeeper’s agility is greater than the player’s.

The entire cryptocurrency industry suffered a downturn at the end of 2021 (and heading into 2022), but this was not the only problem for the MBS token platform. Many investors took to the internet to report dissatisfaction with the way things were being run at Monkey Ball – claiming that things were not all as they seemed. In fact, some have said that the platform has failed to deliver on expectations, and should updates not be swiftly forthcoming, those same analysts have inferred that the entire Monkey Ball project may die. While these claims cannot easily be verified, they’re not isolated cases, leaving many to question whether this NFT platform is actually as legitimate as it appears at first glance. The effects of this on the price of MBS token have been noticeable, with it dropping further downwards in recent months. Monkey Ball’s token has had a rather poor start to its life on the market so far.

($MBS & Monkey NFTs)

Whether your wallet is fat or skinny, everyone has the same odds of getting a rare Monkey! Additionally, we are limiting the amount of NFTs that can be acquired per wallet address to 4 to prevent hoarding. To add extra layers of protection and equal opportunity, we also implemented a robust tech stack to counter bots. Gen-0 Monkeys will be the foundation of the game’s population for generations to come. The breeding of Gen-0 Monkeys will lead to Gen-1 Monkeys and so on, building up of Monkeys so that there will be enough teams and leagues to match.

• The 4v4 soccer game is one of the most popular games provided by the developers.
• In addition to its appearance, each Monkey NFT has a distinct set of abilities that players may train and a set of special moves.
• As of this writing, the cost of MBS predicts to range from $0.55 to $0.64.
• Once you’ve completed that portion, the next step will be a photo verification.

Should the platform manage to release updates that improve on its gameplay elements, and concentrate the interactive side of the enterprise, there’s no reason why it can’t begin to bounce back. Stranger things have happened in the cryptocurrency industry, https://cryptominer.services/advanced-white-label-exchange-solution-from/ and Monkey Ball and the MBS token have only been around a very short while. Despite this, their price’s history is a definite cause for concern, and you should probably only invest if you have a genuine, long-term interest in the project itself.

Rewards are often provided in the native cryptocurrency, or players may trade NFTs via an in-house marketplace. Today, when we look at the NFT market it largely consists of pure art pieces that derive their value solely from their design and scarcity. Our Monkey NFTs have intrinsic utility value as they are the in-game assets and your income generator by playing and winning matches and also by utilizing them to breed the next generation of Monkeys.

Most Popular Exchanges to Trade MonkeyLeague

It is a speculative token that can be trading amongst users in the normal way (i.e. on various different crypto exchanges), but its main appeal lies in its in-game practical application. You see, MBS token can be used as a form of currency on the Monkey Ball platform, effectively allowing users to contribute and manage an artificial economy based within a virtual world. When a client purchases a unique in-game entity or commodity it’s actually theirs and no longer buyable for any other player, unless the original client wishes to sell, usually to make a profit. This is made possible through the blockchain encryption mentioned in the previous section, as the ledger stores all information that pertains to ownership.

• Each Monkey NFT is born with its own unique genetic composition, based on 32 traits and attributes covering its Appearance, core Skills, and other game Perks.
• The major gaming feature provided by the platform is Final Fantasy and FIFA Street.
• Axie Infinity has the benefit of being the first game to market, but it will not be the only game in which players may make money in the future.

MonkeyBall’s value is expected to continue to expand, as shortage tends to encourage price rise. Just invest in what you can accomplish before coming to any conclusions and conduct the maximum research possible. MonkeyBall is facing a hard time getting on board with other crypto coins. The coin is still showing risking framing segments for past few days, the coin might have strong fundamentals but, we don’t think that it would a profitable asset in short term.

The Most Important Word in the NFT Space

The Gen-0 Monkeys will be available in the future NFT update for Monkey League. Through the mating of Gen-0 Monkeys, players may generate Gen-1 Monkeys, and so on. The goal of the game is to guarantee that there are good teams and leagues to facilitate matching. When a monkey is rare, some players’ abilities are set and can’t be changed. CryptoRank provides crowdsourced and professionally curated research, price analysis, and crypto market-moving news to help market players make more informed trading decisions. If you’re looking for a set of practical and insightful crypto market information and data, we have the analytics tools to suit your business needs.

Once you’ve confirmed and financed your account, you may choose how much Ethereum you want to purchase. There are plenty of additional features slated for 2023, including breeding and stadium design which means the roadmap for the foreseeable future is very healthy indeed. All you need to do is click on the „Prices“ option in the top menu bar and you’ll see a list of all the supported cryptocurrencies on Coinbase. It might take a few minutes to process and validate your identity, but once the process is complete you are ready to fund your Coinbase account. Coinbase assumes that you are signing up for an Individual investment account so the next part of the sign up process deals with verifying your identity.

In addition, Shahaf Bar-Geffen has been involved in the Monkey Ball project from the very start, bringing DeFi expertise to the project as previous CEO of COTI (another blockchain-based financial ecosystem). By perfecting their approach to both gameplay mechanics and decentralized economics, these two hope to provide the digital groundwork needed to successfully create an endeavor as ambitious as Monkey Ball. MBS serve as the currency used in an exchange model for these NFTs, and can be bought from the Monkey Ball platform, as mentioned above. Usually, these tokens would also give their holders the ability to vote on different network changes and upgrades/updates, in a system known in crypto as governance (or DAO).

MonkeyBall Price Forecast FAQs

However, you can also choose from other exchanges that list DODO, such as KuCoin, Huobi Global, gate.io, Binance Futures and CoinEx. The majority of MonkeyLeague trading with stablecoins is done on Bybit. Binance is the best choice when it comes to trading MonkeyLeague with stablecoins. MBS Crypto Football/Soccer Game Token Fraud Checking a high-production-value gaming experience promise by MonkeyBall’s website. Goalkeeper, Midfielder, Defender, and Defender are all Monkeys on each team. Price Predictions for MonkeyBall in August 2022 by the end of August, the average price of MonkeyBall (MBS) might be as low as $0.53.

MonkeyBall is a fast, turn-based, play-to-earn arcade soccer game that can be described as an intersection between FIFA Street and Final Fantasy. In the game, each user controls a team of four monkeys with the objective of winning matches against other teams. Users are able to earn tokens for each victory, though they can also be gained by buying stadiums, hosting games or even by cheering for winning teams while attending other games. MBS token is the currency that is used to tie the whole Monkey Ball operation together.

Not only do these Skills directly influence how that player performs in matches but they can also be improved over time by gaining XP, or experience points, on the field, and training them off the field. Together with the Appearance traits, each Monkey’s genome consists of 4 core game Skills https://bitcoin-mining.biz/bitcoin-gold-explained/ and 12 game Perks. Each core Skill that a Monkey is born with comes with a certain level and a Max Potential they can reach, with all core Skills beginning at a level of 10. ICO Drops is an independent ICO (Token Sale) database and is not affiliated with any ICO project or company.

Monkey NFT Drops Breakdown:

Paying customers that hold the future of MBS token, and its price, in the collective palm of their hands. Through these two primary use-cases, Monkey Ball hopes to distinguish itself as an NFT start-up of a certain type. You can buy MonkeyLeague on cryptocurrency exchanges like Bybit, gate.io, LATOKEN, MEXC and Raydium. Moneyball anticipates crossing an average price level of $0.59 in 2022.

This means that each in-game commodity or entity is an NFT, for all intents and purposes, and is governed by all the normal rules that apply to NFTs. Monkey Ball is an esports (i.e. sport videogame) platform that combines the concept of NFTs with the idea of online multiplayer European football. Some have described Monkey Ball’s platform as a kind of videogame hybrid, sitting somewhere between FIFA Street and World of Warcraft.

It acts as a source of cash for gamers who win matches and earn monkey bucks ($MBS) in the process. Moreover, it comes with a variety of attractive and valuable artefacts. At PricePrediction.Net https://crypto-trading.info/how-to-keep-safe-from-cryptocurrency-scams-2020/ we predict future MonkeyBall price predictions/MBS forecast by applying deep artificial intelligence-assisted technical Analysis on the past price data of MonkeyBall.

During the lockdown restrictions of 2021, players of P2E favourite Axie Infinity generated some $1.2 billion, leading some players in the Far East to declare it as their main source of income. You’ve purchased MonkeyBall (MBS) using USD with the help of another crypto exchange. Fill out how much US Dollar you’d like to invest in and click the „Buy“ button and …

The platform is an excellent example of high-production value gaming with an emphasis on ‘fun first’. All rewards are based on nothing more than skill and achievements, meaning only the most adept of players will reach the top. Monkey Ball describes itself as a ‘next generation e-sports Metaverse’.