Combat Out is migrating its $FGHT token from Ethereum to Polygon to scale back fuel charges forward of the launch of its MMA fantasy preventing sport P2E.
In preparation for the launch of its Play-to-Earn (P2E) MMA fantasy preventing sport, Combat Out is migrating its $FGHT token from the Ethereum community to Polygon. This strategic transfer goals to considerably scale back fuel charges for gamers of the extremely anticipated preventing sport, which is predicted to characteristic 'road fighter'-like gameplay in a P2E setting.
Migration particulars
The migration course of entails an airdrop of equal $FGHT tokens on Polygon to present Ethereum token holders. A snapshot of $FGHT holders on the Ethereum chain might be taken on July 22 at 14:00 UTC. The airdrop and pool migration will then happen at 14:00 UTC on July twenty third. All present holders of $FGHT tokens on Ethereum will obtain an equal quantity of $FGHT tokens on Polygon. Moreover, customers who didn’t declare their $FGHT tokens from the presale may even obtain their tokens by way of this airdrop.
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Affect on customers
For customers with ETH $FGHT tokens staked, their tokens might be mirrored in Polygon's new staking contract. Each Ethereum and Polygon are EVM networks, which signifies that the person pockets addresses for ETH $FGHT and Polygon $FGHT will stay the identical even when the token handle modifications. Customers solely want to change their pockets chain and import the brand new Polygon token handle $FGHT to view their tokens on Polygon.
The Liquidity Pool (LP) for the ETH $FGHT token might be withdrawn and a brand new LP might be created for the Polygon $FGHT token utilizing the identical funds. The aim of this transition is to optimize the token for gameplay functions in keeping with the upcoming launch of the preventing sport.
Combat the ecosystem and plan for the longer term
Combat Out has established itself as a serious participant within the Web3 gaming sector. Its Fantasy app, obtainable on the Apple App Retailer and Google Play, permits customers to wager on the result of upcoming occasions and earn factors. One other occasion we're specializing in is the UFC combat between Amanda Lemos and Virma Jandiroba on July 20. Gamers can wager on varied outcomes resembling winner, spherical and method of victory, contributing to their Combat IQ – a metric integral to the P2E and Transfer-to-Earn (M2E) Combat Out ecosystem.
The upcoming MMA/Combating fashion sport represents the second main a part of the Combat Out ecosystem. The sport will carry an immersive fight expertise to cell platforms and permit gamers to have interaction in P2E actions.
Market potential and group involvement
The migration of Combat Out's $FGHT token to Polygon is a strategic transfer designed to fulfill the wants of the gaming group. Lowered fuel charges and quicker transaction speeds are anticipated to considerably enhance the person expertise. The pre-sale of the venture, which led to April 2023, raised practically $6.2 million, underscoring sturdy investor curiosity and help.
The game of MMA mixed with the world of betting and gaming positions Combat Out to faucet into a big and rising market. The venture targets an viewers of 20 million month-to-month lively customers and makes use of a advertising and marketing community that features greater than 100 high-performing sports activities, playing, crypto and information websites. As well as, Combat Out's partnership portfolio consists of greater than 200 exterior websites that host show and paid promoting.
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Migrating the $FGHT token from Ethereum to Polygon represents a key step in Combat Out's roadmap, in keeping with its mission to supply a seamless and cost-effective gaming expertise. Because the MMA fantasy preventing sport nears its launch, the group is eagerly anticipating the additional growth and potential development of the Combat Out ecosystem. The preventing sport's launch date might be introduced quickly, and with main steps taken to optimize its ecosystem, Combat Out is poised to make a big effect on the Web3 and MMA gaming trade.
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