LONDON, April 07, 2022 (GLOBE NEWSWIRE) -- Bold Point, a play-to-earn role-playing game (RPG), will be conducting its IDO on Avalanche's main launchpad. Investors and gamers alike will be able to join Bold Point's public sale and have the exclusive opportunity to become part of the project at a ground level. The sale registration is scheduled to go live on April 7th, with the actual sale happening on the 11th.
Triple-A in play-to-earn
Bold Point is a leading project from YAY Games, a fully-fledged GameFi ecosystem with its own NFT marketplace, launchpad, and incubator. The game was created by a team of over 20 game developers following the quality benchmarks of leading game studios.
Designed to provide one of the most compelling play-to-earn experiences, Bold Point offers an intricate battle system alongside customizable 3D character models and uncharted maps to explore.
Players can win rewards by fighting their way through hordes of monsters inside dungeons in PvE mode and craft new NFTs along the way. The team chose the Auto-Battle Chess genre, which was heavily popularised by Auto Chess (Extremely popular Dota 2 Mode), Teamfight Tactics, and Hearthstone Battlegrounds. It allows creating an engaging user experience: the turn-based combat is highly strategic and fast-paced, forcing a player to make a decision within 20 seconds.
Bold Point is constructed to target a wide market: it brings a quality gaming experience for traditional gamers, NFT trading and new monetization tools for play-to-earn enthusiasts, and a comprehensive token utility model with a cyclic deficit for investors.
Avalanche expansion in GameFi
Throughout 2021, the number of active blockchain games doubled and the community grew from a mere player base of 28,000 gamers to now more than 1.3 million. While crypto markets continue to struggle in terms of price action, the GameFi industry appears to be less impacted by macroeconomic trends.
Built exclusively on Avalanche, Bold Point is expected to match high expectations and contribute to the ecosystem's growth. While GameFi projects form about 7% of the total scope, the ones that conducted their IDO on Avalaunch already showed ROI up to 164X.
CEO of Bold Point shared his comment: "We intended to shift the perception of GameFi projects from primitive apps to sophisticated games, and with Avalaunch support, this goal becomes much more realistic."
What's next for Bold Point
Following the development of LOOT - gaming NFT marketplace and the deployment of the first Battle Demo for Bold Point, the main goal for 2022 is the full release of the game. Milestones are equally divided between quarters to consistently grow user engagement and keep the interest of the new players.