With 6 million players, 80 games, and support from top studios and brands, B3, the emerging layer-3 game chain of Ethereum L2 Base Network, has become one of the top play-to-earn networks in the web3 arena.
This fame has resulted in the trading of fake tokens claiming to be real $B3 on various DEXs. Investors complained of being cheated, so B3 clarified that they have no official token as of now. However, recently, they announced plans to launch the real B3 token to govern the ecosystem. The announcement was shared via B3’s official X handle. This article will delve into all the latest updates regarding the $B3 token.
Latest Details Regarding B3’s Token
The current reward mechanism of B3’s gaming arcade Basement is distributing XP (Experience Points) and BP (Builder Points) to the participants. After the arrival of $B3, we will see it becoming the core currency of Basement. Also, the B3 game chain will expand its Basement fun with advanced games soon. 5+ new games will be launched this quarter. If everything goes well, the $B3 token will unlock a new economy in the blockchain world, primarily helping studios, developers, and gamers.
$B3 Token Use Cases
$B3 will act as an all-in-all token of the entire ecosystem. Here are the major use cases:
- Hodlers will get exposure to new gamechains.
- Hodlers will have access to key infrastructure partner tokens.
- Developers can publish their games using $B3.
- Hodlers can stake their $B3 to earn passive income.
- The referral rewards of the ecosystem will be in $B3 tokens.
How to Identify the Original B3 Token?
As of today, $B3 is not available anywhere, so all the tokens you see around are fake. After the release of the original $B3, you can find its token address on their website and official social media handle. Make sure you are using the authentic contract address before delving into any trading decisions.
B3 Fun’s Token Launch Date
The exact date of the B3 token’s launch hasn’t been revealed yet by the devs. According to the community discussions and insider data. We will probably see its token generation event (TGE) in March along with an airdrop. This is not confirmed. So, please follow the announcement handles of B3 regularly to get the official updates.
What is B3 Fun?
Built on the Base blockchain technology, B3 fun is a gaming sidechain where the builders can create and launch games while the gamers can play and earn. Created by Coinbase alumni and ETH contributors, the ecosystem was initially introduced to the web3 realms via fundraising. It managed to achieve a mark of 21 million dollars and released its mainnet around August 2024.
How to Earn From B3?
The game builders can earn BP and the gamers can earn . Some of the games have independent tokens to which the points can be converted. Also, the builders can customize the reward system of each game by including special earning events and non-fungible tokens (NFT) rewards. The platform hasn’t set a fixed point-to-token ratio for $B3, and we will get clarity soon after its TGE.
Final Thoughts
We will probably see B3 emerging as one of the top gaming ecosystems in the blockchain environment. With the support from various investors and firms, we can see developers and brands easily adapting the nuanced UX that the platform offers. So, it will be a wise decision to grab some $B3 soon after its launch to become an early participant.
You can go through the documentation of the B3 project and engage with its games to learn more about the platform. Finally, investing in newly launched tokens is risky so try to do maximum research if you plan to buy B3 tokens.
