[PRESS RELEASE-Please Read Disclaimer]
November 18, 2021 — MonkeyBall, a Solana-based game-to-earn platform, has been chosen as StarLaunch’s launch partner. StarLaunch is a Solana-based IDO/incubation platform.
The expectations for future sales of IDOs on new platforms are set by the first IDO. This is both in terms the quality of projects and the final results for participants. Choosing MonkeyBall comes as a natural choice for StarLaunch, due to its large community and investor backing as well as strong fundamentals as an innovative high-production-value, Play-to-Earn game. MonkeyBall received $3M from a number of angels and venture capitalists, including Solana Ventures (founders of DraftKings), NFX (founders of iAngels), Longhash (CMS), Republic, Shalom Meckenzie, Yoni Assia, Shahaf Bar-Geffen, COTI’s CEO, and Nimrod Lehavi, co-founders of Simplex).
The MonkeyBall sale will take place on November 30th and offer 1% of MonkeyBall’s total supply or 10,000,000 of 1 billion MBS tokens. The MBS price is $0.04/MBS with an implied fully-diluted valuation of $40 Million.
MonkeyBall, a Play-2-Earn-based game that combines the turn-based feel of Final Fantasy with a FIFA Street-like environment, is a Play-2-Earn-based game. However, the soccer players are monkeys. Each player controls four monkeys, and must win soccer matches against other monkey clubs. Users are awarded MonkeyBucks $MBS when they win matches. This token is the engine of the game’s economy.
You can also earn MBS by completing missions such as owning stadiums or cheering on a monkey team.
To upgrade their monkey team, or to purchase items from the game’s shop, users can use MBS tokens. The game DAO will manage the in-game store, and the associated treasury. This token is used to ensure transparency and user-ownership.
MBS holders who have MBS in this stage of development will be eligible for the MonkeyBall NFT drop with 5000 Gen0 monkeys. These NFTs will be available for the first time to build monkey teams when the game launches.
StarLaunch’s MonkeyBall IDO will benefit from its unique bi-token participation system.
StarLaunch seperates the governance token from the IDO access stake. The former is done via $STARS, which is a deflationary token. Hydrazine ($N2H4) takes over the latter. Hydrazine, which is used to participate in IDOs on StarLaunch is created by staking $STARS. StarLaunch’s insurance system is one of its most unique features. It protects users against complete failures and scams. It is therefore even more important to choose the right IDO projects.
Oren Langberg (Head of Marketing at MonkeyBall) stated that “we are thrilled to be chosen as StarLaunch’s flagship IDO.” StarLaunch is a great partner for us, and we are proud to have been able to bring us CardStarter. StarLaunch also has the MonkeyNuts team that has a track record of success in IDOs.
“MonkeyBall is the future of on-chain gambling. StarLaunch CEO Aatash Amir said that MonkeyBall is a flagship IDO and that they are a joy to work with. MonkeyBall, one of the most-anticipated play-to-earn game out there will be the benchmark for all the top-tier projects that StarLaunch launches on.
MonkeyBall, which is Solana-based and play-to-earn-turn-based soccer game, is a combination of FIFA Street, Final Fantasy, and Monkey Street. It’s a monkey-themed, fun game. Gamers can win matches or just enjoy the games.
This game is a high-production value experience that’s being developed using Unity. It can be cross-platformed with Desktop and Mobile.
StarLaunch, a dynamic incubator and launchpad that connects promising Solana projects with early supporters and a network key partners, is unique. StarLaunch prioritizes its community first. Starlaunch provides community access to carefully vetted projects and offers IDO participants insurance.
Marla Brooks – Financial Analysis
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