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

OHDAT-affiliated NFT Recreation Venture 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 each day quantity leaderboard, №13 on the weekly quantity leaderboard and featured on the OpenSea homepage.

NFT whale house owners together with influencer and prime 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 had 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 House 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 battles and mini-games. Since classes like ingredient, class, weapon all matter within the gameplay, gamers want to pick out the suitable 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 could be lifted if gamers handle to get on the PvP each day/weekly leaderboard.

On March ninth, PvP: ‘Panda v. Panda’ open demo was formally launched, a 1V1 3D fight recreation for true avid gamers. 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 isn’t 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. So far, which could be fairly monotonous when the main focus is barely on the earnings. The PvP open demo initiated the “Clear the rugs’ marketing campaign and airdropped 40K $BAMB tokens to the gamefi undertaking holdlers.

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

Apart from being an in-game forex, $BAMB has a number of utilities. First, $BAMB could be staked together with LP tokens to mine 5% of the general provide, a complete of 25M $BAMB. Second, $BAMB could 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 in a position to entry unique on-line retailer merchandise, in-game market boosts, and in addition the whitelist market to eat their tokens.

To have a good time the $BAMB launch, the OHDAT crew will incentivize Panda house owners 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/