Battle Infinity Allocates 2% of IBAT Tokens To IBAT Cares

Battle Infinity allocates 2% of IBAT tokens to IBAT Cares. Battle Infinity (IBAT) is probably one of the most popular projects around right now. It's a Play to Earn (P2E) with a whole ecosystem around it to allow staking or even use their future trading platform. The project also plans to use the Metaverse for its Fantasy League game.

With its growing popularity comes its share of scammers wanting to steal investors with IBAT tokens. Therefore, the project team decided to allocate 2% of the tokens in circulation for community safety with IBAT Cares. The goal is to be able to reimburse and protect investors who are victims of scams.

2% of IBAT tokens in the IBAT Cares program

It was first through their Telegram group that the developers of Battle Infinity announced the news and then through their other social networks like Twitter. Thus, a new way to help and protect IBAT investors has just emerged.

The program called IBAT Cares is allocated 2% of the tokens in circulation. These funds will serve as protection for investors against scammers. Indeed, the project being relatively popular, it also attracts its share of ill-intentioned individuals wishing to rob investors.

There are various scams that keep coming back, including clicking on a link that could lead you to accept a transaction and therefore empty your crypto wallet. Similarly, many scammers promote trading platforms where it is possible to buy IBAT elsewhere than on PancakeSwap or soon on LBank.

Obviously, clicking on these links is a risk of having your wallet emptied in a matter of seconds. Be vigilant and sure to always follow official networks, and do not accept unknown transactions. Likewise, the Battle Infinity team will never contact you in the first place whether on Twitter, Telegram, or any other social network.

Therefore, if you receive private messages from individuals implying that they are part of the team or that they offer you an offer, give you a link, or be extremely suspicious, there is a good chance that you have in front of you someone trying to rip you off.

The crypto sector plagued by hackers and scammers

Battle Infinity is no exception. The world of crypto-currencies is relatively new and the regulations are still too light. As such, it attracts many individuals seeking to rob others in one way or another.

There are several ways to do it, but the main ones are phishing attacks with a link that looks exactly like the website you are used to visiting except that it is not the authentic one. Similarly, some hackers are tackling security holes that allow them to exploit vulnerabilities that let them intrude on sensitive systems like blockchain bridges.

Last March, Axie Infinity paid the price with the Ronin bridge which was hacked for more than 600 million dollars. These technologies are very useful for transferring tokens from one blockchain to another, but also particularly fragile because they contain a lot of liquidity and therefore it is a prime target for hackers.

Access IBAT Cares

IBAT Cares is thus a program that is useful for all investors who have been victims of a scam resulting in the loss of their IBAT tokens. To make a request, you need to fill out this form specifying your name, your crypto wallet address, your email, your Telegram username, and a brief description of the situation that led you to lose your IBAT tokens.

The Battle Infinity team will then inspect your request by checking if there are indeed traces of purchases and transactions of IBAT tokens on your crypto wallet. They may also potentially contact you for more information.
Verification takes between 24 to 72 hours. Then you will receive a response and if everything is in order regarding your statements and the fact that you were robbed, you will again receive the full amount of IBAT tokens on the same wallet where the theft took place.

This initiative put in place quickly by the developers of IBAT will not prevent the increase in scams and thefts of IBAT tokens, but will at least further protect investors by ensuring that their funds are recoverable despite a loss following a scam.

Battle Infinity on LBANK in a few hours!

After a turbulent day yesterday following a dump from the whales causing the price of IBAT to drop to $0.005 to redeem the dip, the price is starting to rise again following the upcoming arrival on LBank.

Indeed, Battle Infinity will be fully available this afternoon at 4 p.m. UTC on LBank. There will be no taxes on sales or purchases, unlike PancakeSwap where the tax is 10% for any sale of IBAT tokens.

Thus, the current price of an IBAT token is $0.007 and investors expect a major pump in the hours and days to come. Moreover, the project has just exceeded 10,000 holders whereas a few days ago, there were only 7,000!

Battle Infinity is tipped to be the game of the year and a worthy successor to Axie Infinity (AXS), hoping that it doesn't make the mistakes of the latter. There is another project in the pre-sale phase for about 1 month that is also causing a lot of noise, it is Tamadoge.