MonkeyBall Schedules IDO Launch on Nov. 30

The metaverse-based game powered by Solana will begin registrations for the IDO on Nov. 27.

By
Anirudh Tiwari
on
November 19, 2021
Category:
Breaking News

MBS Token Sale on StarLaunch

MonkeyBall, the esports metaverse game, has finally announced its Initial DEX Offering (IDO) on Nov. 18 via a Twitter post.

The game will host the sale of its native token, MonkeyBucks (MBS), on the StarLaunch platform, with registrations opening on Nov. 27. Although, participants will need to complete their KYC on the platform before Nov. 26. Additionally, to participate in the IDO on StarLaunch, users will need to acquire the Hydrazine (N2H4) token.

“The StarLaunch team has pioneered a novel approach to the IDO allocation model by introducing a dual token system that features both a deflationary governance token ($STARS) as well as a secondary utility token, “Hydrazine” ($N2H4), which will be used to gain access to IDOs,” mentioned the official Medium blog about the IDO on StarLaunch.
Source: MonkeyBall Medium

MBS has its token supply capped at 1 billion tokens, out of which 1% will be available during the IDO at the price of $0.04. Using the token, players can breed new monkeys’ NFTs, bolster current ones and buy consumables items on the game’s store.

Source: MonkeyBall Medium

Holders of the MBS token will be entitled to perks as listed below:

  • Premiere Access to upcoming NFT drop
  • Farming rewards
  • Access to Pioneers Gear Up Camp
  • Participate in Breeding Season

About MonkeyBall

MonkeyBall is a next-generation esports metaverse game built on the Solana blockchain that attempts to combine high production value multiplayer gaming with blockchain technology, NFTs, and decentralized finance (DeFi) to offer a play to earn (P2E) soccer game. Since the game is being developed on the Unity game engine, it can be deployed on both desktop and mobile eventually. 

Find more about MonkeyBall here:

Website | Twitter | Whitepaper | Telegram | Medium | Discord

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Anirudh Tiwari

Anirudh is a cryptocurrency analyst and writer who specializes in derivatives, DeFi, regulations and CBDCs. He has a Master’s degree in Finance. Before delving into crypto, he worked with a leading U.S. based investment bank. Apart from work, he is a music connoisseur and likes to play the drums.