Singapore, Singapore, April 2, 2024, Chainwire
Ethlas, a pioneer in the Web3 gaming industry, announced its groundbreaking SkillFi model alongside its flagship game Battle Showdown: Gambit. The game is set to foster a sustainable economic ecosystem within the game by helping players monetize their skills.
Gambit Ecosystem
Battle Showdown: Gambit introduces a unique economic model that unites players and backers (bit holders). Players are rewarded proportionally to their in-game performance, ensuring that their best skills translate into real-world value.
At the same time, Bit holders can earn Bits to invest in players and share success through a profit sharing mechanism. The emphasis on player empowerment redefines the player’s role in the Web3 gaming environment.
The Gambit ecosystem consists of:
- Battle Showdown: A Gambit mobile game featuring high-stakes gameplay across multiple game modes and a cash deposit and withdrawal system for players.
- Gambit portal with Bits trading and analysis dashboard for Bit holders.
SkillFi Model
Fractional Ownership: Users can earn a portion of Player Bits to invest in promising players. This approach allows for a revenue sharing mechanism, allowing gamers to share their success with bit holders.
Bits Trading: A dynamic bits trading marketplace that empowers bit holders to become talent scouts, identifying and investing in promising players. By trading player bits, bit holders can build a diversified portfolio and potentially earn significant rewards based on player performance.
Analytics Dashboard: A comprehensive dashboard that analyzes player performance, earnings, and transaction history.
roadmap
Ethlas is committed to continuously developing the SkillFi experience with an exciting roadmap:
- Phase 1: Gambit Points System (currently in progress) – Currently, the portal allows users to accumulate points and multipliers, climb the leaderboards, and qualify for future airdrops.
- Phase 2: Bit Trading (Coming Soon) – The highly anticipated Bit Trading Marketplace has launched, allowing Bit holders to speculate on potential skilled players.
- Phase 3: Game Release (Coming Soon) – The official release of the first Gambit game, a thrilling shooting game available for download on both iOS and Android devices. This step unlocks SkillFi’s full potential with comprehensive bit trading features and in-depth player analytics.
Battle Showdown: Gambit Information
Website: https://battleshowdown.com
Whitepaper: https://whitepaper.battleshowdown.com/
Twitter/X: https://twitter.com/BSD_gambit
Discord: http://discord.gg/bsd-gambit
Introduction to Atlas
Founded by a team of technology veterans with experience at Google, Microsoft, IGG, Airbnb, JP Morgan, Citi, Grab, and more, Ethlas is headquartered in Singapore with remote offices around the world.
Ethlas began its journey as a successful blockchain gaming platform, gaining 1 million users in just 3 months. Recognizing the growing need for robust security solutions in this space, the company developed FailSafe, its market-leading fraud prevention technology, solidifying Web3’s commitment to trust and accessibility.
Ethlas is backed by Sequoia Capital, Makers Fund, Dragonfly Capital, Yield Guild Games (SEA), Infinity Ventures Crypto, Global Blockchain Innovative Capital, and executives from Coinbase, CoinMarketCap, Spartan Group, Hashed, and Grab.
ContactCo-FounderElston SamEthlaselston@ethlas.com
Disclaimer: This is a sponsored press release and is provided for informational purposes only. It does not reflect the views of Crypto Daily and is not intended to be used as legal, tax, investment, or financial advice.