To find out even more about this project, check out our deep dive of [Kaby Arena](https://coinmarketcap.com/alexandria/article/a-deep-dive-into-kaby-arena).

## What Is Kaby Arena (KABY)?

[Kaby Arena](https://coinmarketcap.com/currencies/kaby-arena/) (KABY) is a [Polygon](https://coinmarketcap.com/alexandria/article/what-is-polygon-matic) and [Binance Smart Chain](https://coinmarketcap.com/alexandria/article/what-is-binance-smart-chain) (BSC) token that links to the Kaby gaming ecosystem. It is developed by Ziga gaming studio, which has produced eight revenue-generating games with over a million active monthly players. \
 \
Kaby Arena makes use of free-to-play and [play-to-earn](https://coinmarketcap.com/alexandria/glossary/play2earn-play-to-earn) (P2E) mechanisms to create money-earning opportunities for platform users. The game, a tactical multiplayer role playing game (RPG), allows players to collect materials in the game that can then be minted into [non-fungible tokens](https://coinmarketcap.com/alexandria/glossary/non-fungible-token) (NFTs) using KABY tokens. \
 \
The nature of the games also has close ties to the cryptocurrency world, with game rules designed around understanding the crypto market. Those who understand it have higher chances of winning points in the game. This helps to incentivise players to learn the crypto market better in order to win more coins. \
 \
In the game, each player has no limits to the number of heroes and equipment it can gather, selecting from a total of five heroes (water, wind, fire, darkness, light) which each have four skills. Like most RPG games, every hero also has four basic stats: HP (health power), attack, defense and support. \
 \
As of present, Kaby Arena is at the first stage of its planned roadmap, having successfully completed the game and [smart contract](https://coinmarketcap.com/alexandria/glossary/smart-contract) development. In the upcoming months, plans include public tokens sale for KABY coins as well as NFT heroes sale, and further down the road the launch of a marketplace for players to trade NFTs, along with a [staking](https://coinmarketcap.com/alexandria/glossary/staking) platform.

By Oct. 2021, an MVP game will be launched and by November, NFT minting will be allowed. By Dec. 2021, player versus player (PvP) waging will be enabled.


## Who Are the Founders of Kaby Arena (KABY)?

Kaby Arena was developed by Ziga gaming arena, which was established in 2014. Games by Ziga have seen a million monthly active users and 300,000 monthly. \
 \
The founders of Kaby Arena are Nhan Bui and Anh Phan. CEO Nhan Bui was a former IT lead at RMIT, and has ten years in virtual collectible trading. COO Anh Phan has a phD from Japan’s Nara Institute of Science and Technology, with five years of experience in AI and data science. Both founders come from competitive gaming backgrounds. 

The Kaby Arena team has a total of six members.


## What Makes Kaby Arena (KABY) Unique?

Kaby Arena is unique in that it aims to solve the issues that plague regular NFT games — that of a low player base, a result of high cost required for a player to begin taking part in the tournaments. 

This high cost of introduction results in regular players unable to join and only seasoned gamers being able to break the cost barrier, which KABY aims to solve by minimising the high entry cost of the game, such as by making the game free to play and by introducing anti-scripting measures to disallow bots and remove such accounts.

Several ways Kaby Arena uses to make its games more attractive include emphasising the competitiveness factor, firstly by using a matchmaking algorithm to ensure players get fair fights with those of similar levels and ultimately creating fair game play. 

Next, regular tournaments are held every week, month, quarter and year with attractive prizes to be won to incentivise gamers to stay active.  \
 \
Finally, Kaby Arena allows for the combination of powerful heroes to create a new offspring with inherited traits to counter overly powerful heroes, again ensuring fair game play.  \
 \
Beyond being linked to online games and letting players earn money through gaming, Kaby Arena also allows users to lease their assets, allowing users to generate income. Those who choose to rent NFTs can also surpass the barrier of high cost of owning their own NFTs. To smoothen the renting process, rentals can be done with or without collateral, benefitting free-to-play gamers and ensuring easier market entry. \
 \
The KABY token has multiple uses both in the game and outside. Within the game, it can be used to exchange for resources or gaming upgrades. The token can also be used to mint NFT, buy or rent NFT assets and also to be staked for interest for passive income. 

There are two types of heroes in the Kaby Arena world. Non-NFT heroes are a free reward from the player versus environment (PvE) mode of the game and can be converted to NFT heroes by utilising the KABY token. These NFT heroes are [ERC-721](https://coinmarketcap.com/alexandria/glossary/erc-721) tokens and can be traded on the Kaby Arena marketplace or other NFT markets.

A final unique point of the Kaby Arena is the earlier mentioned links to the cryptocurrency world, where Crypto Wars are held to benefit players with an understanding of how crypto works, and thus onboarding more people onto the crypto world and hence benefitting the entire crypto market as a whole. \
 \
Kaby Arena does not stop at just creating games — it allows community-wide participation through the usage of forums to engage users and ensure that everyone has a stake in future game developments, a strategy that promotes game loyalty. 


## Related Pages

Take a deep dive into [Kaby Arena](https://coinmarketcap.com/alexandria/article/a-deep-dive-into-kaby-arena).

Learn about what [play-to-earn](https://coinmarketcap.com/alexandria/glossary/play2earn-play-to-earn) is, and the [top NFT games in 2021](https://coinmarketcap.com/alexandria/article/top-nft-games).

Read more about other P2E games: [Binemon](https://coinmarketcap.com/alexandria/article/what-is-binemon), [My DeFi Pet](https://coinmarketcap.com/alexandria/article/a-deep-dive-into-my-defi-pet), [MOBOX](https://coinmarketcap.com/alexandria/article/what-is-mobox-mbox), [CryptoZoon](https://coinmarketcap.com/alexandria/article/what-is-cryptozoon) and [Guild of Guardians](https://coinmarketcap.com/alexandria/article/a-deep-dive-into-guild-of-guardians).

Find out more about [CryptoBlades versus Axie Infinity](https://coinmarketcap.com/alexandria/article/cryptoblades-vs-axie-infinity-top-play2earn-games), two of the top P2E games.

Learn more about non-fungible tokens (NFTs) in our guide [here](https://coinmarketcap.com/alexandria/article/what-is-a-non-fungible-token-nft).

What is web 3.0? [Click here](https://coinmarketcap.com/alexandria/article/what-is-web-3-0) and find out.

Visit CoinMarketCap [Alexandria](https://coinmarketcap.com/alexandria/) to learn everything you need to know about cryptocurrency and more.


## How Many Kaby Arena (KABY) Coins are There in Circulation?

There is a maximum total of one trillion KABY coins in circulation. The public sale price is 0.7 cents, with an initial market cap of $670,833. The breakdown of token allocation is as follows: 21.5% to the team and its advisors; 15% to liquidity and marketing; 26% to the ecosystem; 2% to the seed; 14% to the foundation; 6% to the public sale; 15.5% to private round.


## How Is the Kaby Arena (KABY) Network Secured?

KABY token is a BSC and polygon token.

BSC is secured through the [proof-of-stake](https://coinmarketcap.com/alexandria/glossary/proof-of-stake-pos) [consensus mechanism](https://coinmarketcap.com/alexandria/glossary/consensus-mechanism). 21 validators are elected every 24 hours to validate transactions and maintain blockchain security. These validators have to stake a certain amount of BNB coins with Binance to be eligible to do so.

Polygon is a[ ](https://coinmarketcap.com/headlines/news/ethereum-layer-2-scaling-solution-optimism-preliminary-mainnet-january-15/)Ethereum [Layer 2](https://coinmarketcap.com/alexandria/glossary/layer-2) solution utilizing a network of proof-of-stake validators for security. Validators on the network will stake their MATIC tokens as collateral to become part of the network’s PoS consensus mechanism and will receive MATIC tokens in return. In addition, Polygon uses block producers at the block producer layer to achieve a higher degree of decentralization. These block producers give finality to the main chains using checkpoints and fraud-proof mechanisms.


## Can Kaby Arena (KABY) Coin Hit $1?

Across the year, Kaby Arena has hit a low of 0.08439 and a high of $0.1276. To reach $1 would imply an over 7.5 times price increase from the current price, as of Sept. 2021. This is not an unfeasible price jump in the crypto world and is a reasonable target to achieve. Hitting this target would greatly depend on the number of active players in the Kaby Arena ecosystem, the dev team reaching its objectives and the community backing it.


## Where Can You Buy Kaby Arena (KABY)?

Kaby Arena  is listed on several cryptocurrency exchanges. Among them: [PancakeSwap (V2)](https://coinmarketcap.com/exchanges/pancakeswap-v2/), [Gate.io](https://coinmarketcap.com/exchanges/gate-io/), [QuickSwap](https://coinmarketcap.com/exchanges/quickswap/) and [ZT](https://coinmarketcap.com/exchanges/zt/).

Cryptocurrency newbie? You can read more about how to enter the market and how to buy BTC, KABY or any other token in CoinMarketCap education portal — [Alexandria](https://coinmarketcap.com/alexandria/).


Kaby Arena

MetaMask

Binance Chain Wallet

BNB Smart Chain (BEP20)

PancakeSwap

Trust Wallet Token

BinaryX

SafePal

Trollcoin

Chain of Legends

Mist

CryptEx

REGENT COIN

pSTAKE Staked BNB

Wonderman Nation

Position Exchange

XcelPay

AiMalls

Libra Incentix

CATAMOTO

DexNet

Crypto Hunters Coin

StoryFire

Dvision Network

MDEX is a new decentralized trading protocol that launched in January 2021.

MDEX is an automated market making (AMM) decentralized exchange protocol that operates on the concept of fund pools, sharing some similarities with standard DEXs, but differentiating itself from competitors by using a dual-chain model modeled on both the Ethereum network and the Huobi Ecological Chain (HECO), which gives it access to the liquidity of the Ethereum ecosystem.

A trading platform built on top of HECO, MDEX has an estimated cost for token swaps at $0.001 for each trade, with a transaction speed of three seconds.

Mdex

Tokocrypto was launched in September 2018 and became the first entity registered under Indonesia's Commodities Futures Trading Regulatory Agency (BAPPEBTI) by November of that year. Tokocrypto’s latest project, TKO, is the first Indonesian cryptocurrency to offer a unique hybrid token model.

The token serves several purposes on the Tokocrypto blockchain platform and allows users to participate in crypto exchanges, deposit and savings programs, cross-platform DeFi applications, and NFT marketplaces. Toko Token was officially launched in April 2021 and has since attracted the attention of both private and enterprise users. The Tokocrypto platform was created in tandem with Binance, which serves as a significant backing for the project and its future development.

Toko Token

AdEx is a cutting-edge web3 marketing platform utilizing blockchain and programmatic advertising to elevate digital advertising. Through AdEx, Web3 advertisers can access an untapped market of potential crypto users.

Originating in 2017 as a decentralized ad exchange, AdEx has evolved into a full advertising protocol, boasting 20,000+ registered users and processing billions of micropayments on the blockchain. Currently, AdEx serves as a Demand-Side Platform, allowing advertisers to buy traffic through SSPs, conduct real-time bidding, and leverage programmatic technology. Moreover, AdEx maintains direct partnerships with premium publishers, encompassing all interactions between publishers, advertisers, and end users.

ADX, the native token of AdEx, serves as the platform's native utility token, playing a pivotal role in rewards, governance, payment, and staking. It incentivizes validator uptime, ensuring seamless advertising campaigns. The more tokens staked, the more robust the validator network becomes. ADX token holders can stake their tokens to receive generous rewards and participate in governance decisions. Moreover, advertisers leverage ADX for campaign payments, enjoying reduced fees compared to other payment options.

AdEx

Automata Network

RACA

Mines of Dalarnia (DAR) is an action-adventure game with a blockchain real-estate market. MoD is based on a simple and simultaneously captivating gameplay, where users can mine and combine in-game items, then utilize them to upgrade their characters (skills and equipment), thereby increasing their rank in the game. Players can go in search of rare artifacts / relics / minerals, complete quests, team up with other players to defeat monsters and unlock rewards.

Mines of Dalarnia

The all-new ZKBase platform consists of three main parts: ZKSwap, the innovative Layer 2 AMM DEX utilizing ZK-Rollups technology, payment service ZKSquare, and an NFT minting center and marketplace called ZKSea. With an all-new-look user interface, NFT support, unlimited token listing, smoother withdrawal, optimized efficiency, and multi-chain support, ZKSpace aims to implement EVM-compatible ZK-Rollups and bring the community more layer 2-based products in the near future.

ZKBase

Phala Network is the Execution Layer for Web3 AI. By enabling AI to understand and interact with blockchains, it unlocks the barrier for the first billion users to join Web3.

Phala Network's multi-proof system is the answer to the AI execution problem. On top of the Phala Network, you can easily build tamper-proof and unstoppable AI Agents that are closely integrated with on-chain smart contracts by AI-Agent Contract

Agentize smart contracts: Create AI Agents for smart contracts using natural and programming languages.

Connect to the internet of multi-agents: Make your agents accessible by other cross-chain AI Agents.

Launch AI Agents and get incentivized: Own your agents and build a profitable token economy.

Phala Network

APENFT

Launched in September 2020, BakeryToken (BAKE) is a part of the BakerySwap ecosystem. Liquidity providers are rewarded with BAKE tokens which can be used to earn a share of BakerySwap’s trading fees and to participate in voting as part of BakerySwap’s governance process.

BakerySwap is a decentralized automated market-making (AMM) protocol that is based on the Binance Smart Chain (BSC). The BAKE token is a native BEP-20 governance token on the platform.

Users have the ability to earn BAKE tokens by providing liquidity on BakerySwap, and BAKE holders can use their tokens for governance voting and to receive transaction fee dividends. The BAKE rewards are offered in several liquidity pools, initially including BTC, ETH, DOT, LINK, BUSD and BAKE versus BNB.

BakeryToken

What Is Velas (VLX)?
Velas is a pioneering solana L1 Fork with Full EVM blockchain bridging the gap between EVM familiarity and unparalleled performance.

Velas is an highly unique dual-chain architecture, seamlessly merging the best of both worlds: the robust security and established developer ecosystem of the EVM with the lightning-fast transaction processing capabilities of Solana. This hybrid approach unlocks a treasure trove of possibilities for Ethereum projects seeking to escape congestion and scale to new heights.

The defining feature of Velas lies in its full EVM compatibility. Existing Ethereum smart contracts can be migrated seamlessly with a single click, eliminating the need for costly code rewrites and preserving the valuable expertise invested in the EVM ecosystem. This one-click migration paves the way for a smooth transition, allowing developers to leverage their existing skills and tools on a platform built for speed and scalability.

It leverages the power of Solana’s parallel transaction processing to deliver lightning-fast speeds exceeding 75,000 TPS. This translates to near-instantaneous transaction finality and minimal fees, a stark contrast to the congested and expensive environment of Ethereum. For dApps and users, this translates to a smoother, more efficient experience.

But speed is just the beginning. Velas is also:

Decentralized: No central authority controls the network. Power is in the hands of the community through a secure Proof-of-Stake (PoS) consensus mechanism.

Carbon-neutral: Velas is committed to sustainability, utilizing a green PoS mechanism that minimizes energy consumption.

Accessible: Building on Velas is a breeze with its extensive developer tools and EVM/Solidity support.

Velas

MBOX is the native utility token that is used for:

MOBOX

Sologenic is disrupting the asset trading industry: Tokenized Securities, Crypto Assets & NFTs.

Sologenic.com and sologenic.org are two separate teams. Sologenic.org aka SOLO Core team’s focus is purely on the expansion of the Sologenic as a decentralized ecosystem while the sologenic.com team are working on the launch of an important use-case of the Sologenic ecosystem: Securities Tokenization

Sologenic

Polkastarter is a decentralized fundraising platform empowering Web3 projects to launch and raise funds through multi-chain token pools whilst significantly growing their communities.

The platform supports initial dex offerings (IDOs) across major blockchains, including Ethereum, BNB Chain, Solana, Polkadot, Polygon, Avalanche and Celo.

The platform enables investors to secure early access to IDOs, NFTs and Gaming Web3 innovation. It is most commonly used by early-stage blockchain projects that want to raise capital and easily distribute their tokens at the same time.

Through Polkastarter, blockchain projects can easily create their own fixed-chain swap pools, which allow them to securely raise funds, while users can invest without risks, since swaps are automatically executed by smart contracts.

POLS is the native utility token of the Polkastarter platform. Its main utility is gaining access to pools and giving projects the option to give priority access to POLS holders. Users are incentivised to stake POLS, rewarding the most loyal members.

In Q4 2022, Polkastarter will release new community utility features, such as governance and POLS Power Boosters (increasing your allowlisting success). The platform first went live in December 2020, and has quickly grown to become one of the most commonly used platforms for initial DEX offerings (IDOs) operating on the Ethereum blockchain.

Polkastarter

Coin98 is a decentralized finance (DeFi) solution that allows users access to cross-chain swaps, staking and yield farming.

To learn more about this project, check out our deep dive of Coin98.

Coin98 aims to fulfill untapped demand in the industry and become a Gateway bridging TradFi users to any DeFi services on multiple blockchains. It accomplishes this mission through a full suite of products, including Coin98 Wallet, Coin98 Exchange, and Space Gate (cross-chain bridge).

Coin98 Wallet: Allows users to store, send, receive, manage crypto assets and connect to numerous dApps on multiple blockchains. It supports over 40 blockchains such as Ethereum, Binance Smart Chain, Solana, Polygon, Avalanche, Terra, etc on both mobile (iOS & android) and Chrome extension versions.

Coin98 Exchange: A multi-chain liquidity aggregator that supports assets across a variety of blockchains, including but not limited to Ethereum, Binance Smart Chain, Solana, Avalanche and Polygon.

Space Gate: A cross-chain bridge that enables swapping and transferring values across multiple networks.

The C98 token is the native utility token of the Coin98 platform and will be used to pay services fees, as staking incentives, for governance, and unique membership rights.

In the Coin98 roadmap, there are plans to develop a launchpad, a lending and borrowing platform, a megafarm, a derivatives market and an NFT marketplace.

In July 2021, Coin98 was a Binance Launchpad project.

Coin98

Biswap (BSW) is a decentralized exchange (DEX) for BEP-20 tokens on Binance Smart Chain (BSC). Biswap promises the lowest transaction fees of any BSC exchange at 0.1% and vows to be committed to innovation in DeFi through its high-quality products and services. Its referral system allows users to invite others and receive referral fees from farms, launch pools, swaps, and a lottery.

Biswap’s core products include the standard DEX functions like an AMM, liquidity pools, yield farming, an NFT marketplace, and an IDO launchpad. In its roadmap, Biswap targets the following:

Listing on major crypto exchanges

Improvements of its NFT marketplace

Cross-chain support

Limit orders

Lending & Borrowing

A personal user dashboard

A swap referral program

Furthermore, Biswap announced a $10 million global incentive program to collaborate with other BSC projects. Partners can expect a 90% fee reimbursement, farming pairs with BSW, a launch pool, marketing promotion, and grants for security audits and project development.

Biswap

Starting as an open-source project in 2017, IoTeX has built a decentralized platform whose aim is to empower the open economics for machines — an open ecosystem where people and machines can interact with guaranteed trust, free will, and under properly designed economic incentives.

With a global team of over 40 research scientists and engineers, IoTeX has built their EVM-compatible blockchain from scratch using the innovative Roll-DPoS consensus and launched in 2019 April, which has been running by 100+ delegates worldwide and has processed more than 10 million transactions already. On top of the IoTeX blockchain, the team has built the essential blocks of infrastructures to connect with Ethereum, BSC, and Heco blockchains such as ioPay wallet (https://iopay.me/) and ioTube bridge (https://iotube.org/), which serve ten thousands of users. IoTeX helps EVM-based DApps scale without concerning expensive gas fees!

Besides, middleware such as Decentralized Identity, Confidential Computing, and Secure Hardware has been built on top of the IoTeX blockchain. This has enabled the creation of self-sovereign devices such as Ucam, and real-world data oracles like Pebble. Ucam (https://ucam.iotex.io/) has been deployed to over 3000 households (http://iott.network/). Meanwhile, Pebble has been launched to more than 300 developers initially, and enables innovative Dapps to connect the physical world with the crypto world, such as real-world NFTs, weather derivatives and machine learning-as-mining.

IoTeX

SXP is the native utility token of the Solar blockchain. Users can stake it to secure the network and earn rewards, and pay transaction fees on the Solar blockchain. They can also help govern the Solar blockchain by proposing and voting on changes to the protocol, and earn rewards for providing liquidity. Additionally, Solar DApps use SXP as their primary currency.

Solar

Seedify.fund(SFUND) Seedify is a blockchain gaming-focused incubator and launchpad that empowers innovators and project developers through access to funding, community and partnership building, and a full support system to help drive the future of gaming and blockchain. Its ecosystem also includes an NFT launchpad for gaming and metaverse assets, along with the industry's first gaming-and-metaverse-asset-centric NFT marketplace, Seedify NFT Space.

Featuring an IGO launchpad with a tiered allocation mechanism, Seedify enables $SFUND holders to stake their tokens and earn staking rewards while gaining access to quality, procured blockchain gaming projects through private sales and initial game offerings. The launchpad's tier system consists of nine tiers. Tier 1 uses a lottery-based allocation process, while tier 2 to 9 participants enjoy guaranteed allocation.

Along with IGOs, stakers can also participate in initial NFT offerings (INOs) and initial metaverse offerings (IMOs) on Seedify's NFT Launchpad. Additionally, staking $SFUND, gives holders the opportunity to receive tokens from the projects that have been selected and supported by Seedify's incubation program.

Committed to bringing the opportunities offered through blockchain gaming and the play-to-earn model to billions around the globe, the Seedify team has established key relationships with numerous VCs and industry peers, to build an extensive support network for blockchain gaming and metaverse startups.

Interested game industry innovators submit their project proposal to the Seedify

Seedify acts as a launching pad for blockchain games and the disruptive play-to-earn gaming model. The gaming industry is gradually entering a new era — previously gamers may spend large sums of money on in-game items with no direct monetary benefits. However, they are now able to make money by earning in-game item non-fungible tokens (NFTs) and tokens, which is facilitated by the play-to-earn revolution.

Blockchain technology has not only opened up more opportunities for gamers and game developers, but it has also offered additional forms of benefits like transparency, ownership, incentive models and digital ownership through NFTs.

The team behind the Seedify project are pursuing a global goal: to acquaint gamers with the blockchain and increase the rate of technology adoption, attract a huge number of users, create more jobs and financial benefits.