• About
  • FAQ
  • Landing Page
  • Buy JNews
Newsletter
cryptodailygists
Advertisement
  • Home
  • Bitcoin
  • Ethereum
  • Dogecoin
  • Blockchain
  • Market Analysis
  • Regulation
  • Business
  • Contact Us
No Result
View All Result
  • Home
  • Bitcoin
  • Ethereum
  • Dogecoin
  • Blockchain
  • Market Analysis
  • Regulation
  • Business
  • Contact Us
No Result
View All Result
cryptodailygists
No Result
View All Result
Home Blockchain

NFT GameFi Paladin Pandas Raises USD 4 Million in Funds and Launch $BAMB Token – BlockChain News Today

admin by admin
April 13, 2022
in Blockchain
0
NFT GameFi Paladin Pandas Raises USD 4 Million in Funds and Launch $BAMB Token – BlockChain News Today
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter
NFT GameFi Paladin Pandas Raises USD 4 Million in Funds and Launch $BAMB Token

OHDAT-affiliated NFT Game Project Paladin Pandas launched their ERC-20 Token $BAMB on the Ethereum chain on April 6th 2022. This established Paladin Pandas as one of the first NFT projects that has completed both the launch of their play-to-earn game and their token.

A hand-drawn 10K NFT collection launched on Opensea on September 28th 2021, Paladin Pandas sold out in 32 minutes. It was ranked No. 6 on the daily volume leaderboard, No.13 on the weekly volume leaderboard and featured on the OpenSea homepage. 

Related articles

Binance was Requested to Stop Marketing Its Savings Products in Uruguay

Crypto Narratives and the Bitcoin Anti-Narrative

January 31, 2023
6 Consensus Mechanisms You Need to Know

6 Consensus Mechanisms You Need to Know

January 31, 2023

NFT whale owners including influencer and top collector, @Zeneca_33, COLE, co-founder of Pudgy Penguins, and NFT influencers Josh Ong and NFT Girl, as well as crypto artist JN Silva, have all added Paladin Pandas to their collection. 

This led to recognition from established VCs and other institutions and angel investors and OHDAT raised funding totalling US$4M from Future Capital, Hashkey Capital, Innoangel, Y2Z Capital, Vincent Niu, the founder of Sky9 Capital and Mandy Wang, the founder of Odaily. The funds raised were to go towards launching new projects and implementing the Open World social simulation game and MMORPG game, highlighted on their Roadmap 2.0.

On January 25th, Paladin Pandas launched ‘PvE game Space Expedition’, where players send their Pandas to planets on an expedition (with 15 stages each) while  strategically putting the Pandas into teams of 3 to retrieve the lost $BAMB (Bamboonium) through battles and mini-games. Since categories like element, class, weapon all matter in the gameplay, players need to select the right pandas to buy and be sent to battle, as it involves strategy gaming.

All $BAMB earned from the PvE game is locked in the players’ $BAMB balance, to be unlocked and claimable at a weekly rate of 15%. The lockup can be lifted if players manage to get on the PvP daily/weekly leaderboard.

On March 9th, PvP: ‘Panda v. Panda’ open demo was officially released, a 1V1 3D combat game for true gamers. Players pay $BAMB to enter the arena and loot more $BAMB from other players. With 48 weapons, 7 basic moves and 21 stages, the gameplay is not limited to a ‘Stake-to-Earn’ mechanism; it is an actual ‘Play-to-Earn’ NFT game with delightful strategy gaming, which is a stab at revolutionizing NFT gaming, which, up to now, can be quite monotonous when the focus is only on the earnings. The PvP open demo initiated the “Clean the rugs’ campaign and airdropped 40K $BAMB tokens to the gamefi project holdlers.  

Giving perks to all NFT holders was taken into account when devising the Paladin Pandas ecosystem. Mandatory to use a Paladin Panda to enter the game, so as to extend the user base to more NFT gamers, non-holders can also rent Pandas by paying $BAMB. The rental limit for each Panda is 2x for PvE and 3x for PvP.

.

Besides being an in-game currency, $BAMB has several utilities. First, $BAMB can be staked along with LP tokens to mine 5% of the overall supply, a total of 25M $BAMB. Second, $BAMB can be swapped to Power Raffle tickets, which is a WEB3 raffle machine to win blue chip NFT projects with minimum entry fees. Third, $BAMB holders are able to access exclusive online store merchandise, in-game marketplace boosts, and also the whitelist marketplace to consume their tokens.

To celebrate the $BAMB launch, the OHDAT team will incentivize Panda owners with 2 airdrops. First, 60 Rent Tickets will be dropped to 30K new addresses for mining the game, for their first run. Second, 1.5% of the overall supply, totaling 7.5M $BAMB will be airdropped to all Panda holders. Prioritizing fun gaming features, Paladin Pandas aims for $BAMB to be a “blue chip token” in the NFT market over the long term. 

Paladin Pandas Links

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

Twitter: https://twitter.com/Paladin_Pandas 

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

Website: https://paladinpandas.com 

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

Share76Tweet47

Related Posts

Binance was Requested to Stop Marketing Its Savings Products in Uruguay

Crypto Narratives and the Bitcoin Anti-Narrative

by admin
January 31, 2023
0

The word narrative is overused in crypto, and it might elicit a roll of the eyes if uttered in dialogue...

6 Consensus Mechanisms You Need to Know

6 Consensus Mechanisms You Need to Know

by admin
January 31, 2023
0

Understanding what consensus mechanism are and what they do can be a difficult task for those not in touch with...

OneCoin Founder Ruja Ignatova Is Back After 5 Years

OneCoin Founder Ruja Ignatova Is Back After 5 Years

by admin
January 30, 2023
0

Ruja Ignatova, the Founder and mastermind behind the OneCoin crypto fraud, allegedly resurfaced after vanishing for more than five years....

The Rise, the Fall and the Reaction

ASIC Had FTX Under Surveillance Before Collapse

by admin
January 30, 2023
0

The Australian financial market regulator was suspicious about the activities of the local subsidiary of FTX from at least six...

Which NFTs Are True Blue Chips?

What Next for PFPs, Art and Big Brand NFTs?

by admin
January 27, 2023
0

While still far from the kind of dizzying bull run that characterized 2021, NFTs have been enjoying an optimistic start...

Load More
Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest
Ireland’s Central Bank Governor Supports Banning Crypto Ads Luring Young Adults

Bitcoin Takes off in 2023 Prices Soar 28% in January

January 31, 2023
Massachusetts-Based Bankprov to End Loan Offerings Secured by Cryptocurrency Mining Rigs – Bitcoin News

Massachusetts-Based Bankprov to End Loan Offerings Secured by Cryptocurrency Mining Rigs – Bitcoin News

January 31, 2023
Soon Nigeria Will Allow CBDC Use In Payment Proposes: Report

Nigerians Moving Toward Bitcoin Amid National Currency Redesigning Procedure

January 31, 2023
Pro-Crypto Senator Ted Cruz Push For Crypto Payment in Capitol Hill

Bad News for Bitcoin Holders as Crypto Mogul Arthur Hayes Predicts Further Crash I Tokenhell

January 31, 2023
cryptodailygists

© 2022 All Rights Reserved Cryptodailygists

Navigate Site

  • Home
  • Bitcoin
  • Ethereum
  • Dogecoin
  • Blockchain
  • Market Analysis
  • Regulation
  • Business
  • Contact Us

Follow Us

No Result
View All Result
  • Home
  • Bitcoin
  • Ethereum
  • Dogecoin
  • Blockchain
  • Market Analysis
  • Regulation
  • Business
  • Contact Us

© 2022 All Rights Reserved Cryptodailygists

en_USEnglish
en_USEnglish