The fastest-growing segment of the crypto market is play-to-earn gaming, which is expected to continue into 2022 and beyond. However, the initial investment required to play NFT games puts them out of reach for many gamers. Balthazar, an NFT gaming platform, is helping gamers bridge this divide by allowing them to play NFT games for free while still earning prizes.
What is Balthazar (BZR)?
Balthazar is an NFT gaming platform like no other. It uniquely connects gamers, scholars, investors and gaming companies. Gamers can access NFT-based games, NFT holders can access yields, crypto enthusiasts can trade and gaming companies can access a gaming community.
They also provide features like LaunchPad, Marketplace, Lending. These features combine to form a place where NFTs can be leased out by Balthazar for scholar use in games. Balthazar supports the guild through social media, research articles, educational and training resources, and development around gaming and learning crypto investing.
What is the Balthazal trying to achieve?
Balthazar is a Decentralised Autonomous Organisation (DAO) with a vision to have the most scholars deployed by renting NFTs to our highly engaged and ever growing guild. Their mission is to deploy the most Wizards into NFT games and provide new opportunities for gamers, token holders and digital asset owners.
What is the unique selling point?
Balthazar DAO has 4 main products that help create a sustainable NFT ecosystem platform.
In order to develop relationships with Balthazar, research reports create thought leadership and demand for games. As a bonus, you’ll be able to discover new games and NFTs before they’re released to the general public, usually at a significant discount.
Games will be incentivised to launch on Balthazar’s launchpad due to the large community of scholars and interested buyers. balthazar will charge either a transaction fee or accept payment in the form of an NFT, which can then be sold.
Users who stake BZR will have a higher probability of receiving a whitelisted spot via randomisation. The more BZR you hold, the higher your probability of earning a whitelisted spot to participate.
Balthazar uses its community of gamers to utilise NFTs, automating payment of rewards back to the digital asset owner, the scholar, and Balthazar’s fees.
Digital asset owners (lenders) that lend their assets to Balthazar will be provided with an NFT representing ownership of the underlying NFT assets lent to Balthazar. This NFT is referred to as a “pNFT”. pNFTs are Balthazar’s unique solution to creating a marketplace for trading a portfolio of NFT assets attached to an ongoing scholar relationships.
Our Marketplace is where digital asset owners can buy and sell pNFTs.
- Ticker: BZR.
- Token Type: Utility, Governance.
- Max Supply: 2,000,000 BZR.
You can update the price of BZR Token on Coincu.com right at: CLICK HERE
BZR Token Sale
Pre-seed participants 2.3%
- 46,000,000 BZR tokens allocated
Seed round participants 10.0%
- 200,000,000 BZR tokens allocated
Public sale (7.5% allocation)
- 150,000,000 BZR tokens allocated
BZR Token Release Schedule
- Pre-seed: 5.0% TGE, 12 month cliff, 18 months linear vest
- Seed round: 5.0% TGE, 12 month cliff, 18 months linear vest
- Strategic: 5.0% TGE, 9 month cliff, 12 months linear vest
- Public sale: Fully unlocked
- Advisors: 12m cliff, 24m linear vest
- Team: 12m cliff, 24m linear vest
- Community rewards: No cliff, 24 months linear vest
BZR Token Use Case
- Governance: BZR would allow holders to propose and vote on governance proposals to determine future features, upgrades and/or parameters of the Balthazar platform, or provide feedback
- LaunchPad Benefit: Balthazar token holders will be able to stake BZR to receive a higher probability in receiving a randomised whitelisting/allocation to pre-launch games and tokens.
- Staking: Balthazar token holders will be able to stake their tokens in order to participate in many other platform activities.
Market and Community
This space is at the forefront of a period of gaming and blockchain hyper growth.
The intersection of NFT and gaming is experiencing the most value accretion across the blockchain ecosystem.
- OpenSea, the world’s largest NFT marketplace, transacted over US$3.4 billion on the platform in August 2021 – that’s 10x growth month-on-month (source: dune.xyz/rchen8/opensea).
- Axie Infinity, the world’s most popular NFT game generated over $200 million in November 2021, with a run-rate of $3 billion (source: axieworld.com/en/economics/charts?chart=revenue).
- Axie Infinity and OpenSea are generating more revenue than any other crypto, behind Ethereum (source: tokenterminal.com, 180 days to December 17, 2021).
This project has 20.5K Follower on Twitter.
John Stefanidis: CEO. Experienced online business expert, launching multiple seven-figure businesses including one eight-figure business in a five-year period.
Hairul Lutfi: CFO. Over 15 years experience in accounting and compliance, specialising in fintech and fast growth startups.
Bijan Abdollahi: COO. Skills and qualifications in engineering, business, and complex project development.
Jhun Salvino: General Manager. 10 years of management experience including working with global companies.
Nav Thangavel: Quantitative Analyst. Master data analyst with over 10 years experience working at amazon
Balthazar raised $3M in a token sale in January 2022, valuing the DAO at $30M led by Animoca brands and the fund itself providing consulting services for the project. Besides, there are some other VCs such as: Larry Diamond, Digital Asset Capital Management (DACM), …
Hopefully the basic information about the Balthazar project and the BZR token will help you get an overview of the project and please consider the article for reference purposes as it is not investment advice.
If you have any questions, comments, suggestions, or ideas about the project, please email [email protected].
Find more information about: Balthazar
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