Crypto Fight Club

About Crypto Fight Club

{"time":1704989165000,"blocks":[{"data":{"level":6,"text":"Highlights"},"type":"header"},{"data":{"items":["Crypto Fight Club offers more than just a game. Future fighters can stake, fight, and earn - making every day a winning day.","There is no other game that opens up 3+ different earning models plus fully decentralized in-house staking. Not only is the design unique to its own, the business model altogether is attractive to anyone ranging from shrimp to whale.","Crypto Fight Club’s lead investors include Shima Capital, The Ring SG, X21, Raptor Capital, and GenBlock Ventures (GBV/D21). The total raise in the seed round was $2.4m and was closed within 3 weeks of starting."],"style":"unordered"},"type":"list"},{"data":{"level":6,"text":"Product"},"type":"header"},{"data":{"level":1,"text":"Stake. $FIGHT. Win."},"type":"header"},{"type":"paragraph","data":{"text":"Crypto Fight Club offers 5 products in total in 2 different categories: gaming and DeFi."}},{"type":"paragraph","data":{"text":"Regarding the DeFi line, the first batch of products released by Crypto Fight Club will include transferable blockchain certificate of deposits via NFTs and a transparency index for the staking dashboard. Those who hold an NFT fighter can opt into the decentralized staking pools. Unlike most staking models, you hold the keys to both your coins staked as well as the NFT fighter, which doubles as a playable character. Active stakers are able to unstake at any time and are not forced to keep their $FIGHT locked up. Lastly, staking is based on a ‘longer pays better’ feature, where participants earn higher APYs and host the ability to enhance their fighter’s stats based on the length of their stake. Participants are rewarded by ‘delayed gratification.’\r\n"}},{"type":"image","data":{"caption":null,"stretched":false,"url":"https://assets.polkastarter.com/tyncxlm52myxpgmwqlyusvh1ut5t","withBackground":false,"withBorder":false,"file":{"url":"https://assets.polkastarter.com/tyncxlm52myxpgmwqlyusvh1ut5t"}}},{"type":"paragraph","data":{"text":"On the gaming side, Crypto Fight Club will release 3 different types of playable features: minigames, PvP (player vs player), and PvE (player vs environment). All of which are built to benefit the player’s experience to earn tokens and simply put have a good time."}},{"type":"paragraph","data":{"text":"In the first series, minigames will be released. Minigames will be best suited for those who like to play fast, short games - even if they don’t win any rewards. The second game released will be the PvP arenas, where players can hash it out in the ring with their newly-owned fighters. Players can fight others for $FIGHT, $GAME, and even NFTs. Lastly, the introduction of PvE will come into play. These players will be able to free-roam around gamified real-life gyms completing a series of objectives and challenges, earning tokens and possibly enhancing their fighter - should they spend enough time in these mini-metaverses. Each game model comes with its own distinctive play2earn experience that is suitable for any kind of player."}},{"type":"paragraph","data":{"text":"Most playable environments will match the same style as the NFT fighters; low-poly, 3D 8-bit renders. With the same high-quality renderings of the fighters, the aesthetically pleasing arenas will range from chicken farms, rooftops, parking lots, and of course, famous gyms from around the world. Crypto Fight Club aims to partner with name-brands and fighters to give the community the most unique and real gaming experience the NFT industry has seen.\r\n"}},{"type":"image","data":{"caption":null,"stretched":false,"url":"https://assets.polkastarter.com/f6xysoi5hgkqcb960bnvciz64i3d","withBackground":false,"withBorder":false,"file":{"url":"https://assets.polkastarter.com/f6xysoi5hgkqcb960bnvciz64i3d"}}},{"data":{"level":6,"text":"Problem"},"type":"header"},{"data":{"level":1,"text":"Regaining the Trust in Crypto. Not Your Keys, Not Your Coins"},"type":"header"},{"type":"paragraph","data":{"text":"The two biggest issues to date in the gaming industry are addiction and the fairness of players competing against each other. A lot of modern-day games have pay2win models, where gamers can spend a bankroll on the best assets and either stay hooked because all the player wants to do is win, or the unfair advantage for someone who cannot spend the money and gets absolutely rekt by these high-rollers. Thought-out network effects within the game theory can solve both of these problems."}},{"type":"paragraph","data":{"text":"Another extremely relevant issue is the lack of transparency with centralized counterparties. In crypto, there are hacks and rug pulls happening every day and millions of dollars are gone with zero chance of recovery - especially where you have to lock your coins to earn interest. Typically, when you stake, your tokens are locked up for a mandatory period of time and during this time, you don’t have the chance to pull out and face the risks of market volatility or being rugged. Not your keys, not your coins."}},{"type":"paragraph","data":{"text":"In the end, hackers are prevalent in any industry. With the technological advantages the industry provides, the more chances there are to retain a quality player-base and offer solutions to these modern unfair advantages and be solved if deployed properly."}},{"data":{"level":6,"text":"Solution"},"type":"header"},{"data":{"level":1,"text":"The People’s Champion of NFT Gaming"},"type":"header"},{"type":"paragraph","data":{"text":"Because of the blockchain technology built today, there are verifiable RNGs and oracles that prevent future fighters from being able to pay2win in any of the game modes. Skill-based gaming is actively being enhanced with this technology and Crypto Fight Club aims to leverage its development and partner resources to create fair advantages when acquiring NFT fighters, NFT wearables, and playing against the opposition in the PvP game modes. Major game publishers haven’t taken this into consideration due to the capitalist nature of esports and hackers."}},{"type":"paragraph","data":{"text":"Going back to the true nature of crypto, Crypto Fight Club offers one of the most unique staking models that will remain fully-decentralized, allowing participants to manage their own staking experience. Not only will users stake directly from their native wallet, but they will also continue to host ownership of their NFTs and coins staked while being able to exit at any given time. Creating a healthy, micro-inflationary model alongside a sufficient burning mechanism of the main token $FIGHT, the economy built can sustain high APYs for anyone participating in one of the two staking pools. The true nature of crypto is back and is packing a punch.\r\n"}},{"type":"image","data":{"caption":null,"stretched":false,"url":"https://assets.polkastarter.com/w491pymub3w42vjpjerjiyxrw6xn","withBackground":false,"withBorder":false,"file":{"url":"https://assets.polkastarter.com/w491pymub3w42vjpjerjiyxrw6xn"}}},{"data":{"level":6,"text":"Business Model"},"type":"header"},{"data":{"level":1,"text":"Sustainable revenue through NFT sales and marketplace fees"},"type":"header"},{"type":"paragraph","data":{"text":"Crypto Fight Club is based around the free market of NFTs with real in-game value. Beyond the sale of NFTs through mystery boxes, a thriving marketplace of NFT gear and NFT gyms (land) will generate enough for CFC to be self-sustaining over a three-year period. Revenue will be generated through championship entry fees along with a lottery as well as the primary channel of marketplace fees."}},{"type":"paragraph","data":{"text":"Capital raised from the IDO will be used to expand the game with new fighters, added game modes and additional in-game items with a view to eventually port the game to mobile. Not to mention, Crypto Fight Club will be onboarding legendary, real-life fighters into the game with exclusive skins, NFTs, and partnership deals to grow its relevance in the real world. They are currently in partnership with 3 ONE Championship world champions, 3 Muay Thai legends, and the World Boxing Championship."}},{"type":"paragraph","data":{"text":"Current projections allow for a 36-month runway with the current investments raised. Crypto Fight Club has entered long-term partnerships and residual income will be passed directly to the fighter and in some cases, a charity of their choice."}},{"data":{"level":6,"text":"Market"},"type":"header"},{"data":{"level":1,"text":"Beat ‘Em to the Punch!"},"type":"header"},{"type":"paragraph","data":{"text":"If you’re going to name names, be blunt. The main competitors are just about every successful NFT game in the market. But, if you want specifics, the two that come to mind are Axie Infinity and Sandbox Game."}},{"type":"paragraph","data":{"text":"Axie Infinity has a killer business model, but fails in a way that it is built on the most expensive blockchain in the world. Players buying, breeding, and selling Axies get absolutely rekt by fees and cannot profit as much as they’d wish. However, with their scholarships, deep pockets that come in can profit and leverage those who cannot afford to draft their own team and play for themselves. The network effects for the noobs simply do not match the same experience as the veterans in the game."}},{"type":"paragraph","data":{"text":"The Sandbox Game is an extremely cool and fun game, but…their play2earn model is not very lucrative. This game in particular faces the very same issue Axie Infinity players simply cannot conquer - high entry barriers (related to the lack of design skills versus monetary entry points). Not only that, to earn money, you can design and sell costumes for your character. Sounds great… If you are familiar with design applications and can render beautiful 3D models that someone will actually purchase. Lastly, similarly to Axie Infinity’s scholarship program, NFT landowners can ‘rent’ out their land to others and earn passive income. This isn’t a bad mechanism by any means, but the network effect still isn’t there for the shrimps that don’t have deep pockets."}},{"type":"paragraph","data":{"text":"Crypto Fight Club merges both worlds of PvP with open-world mini-metaverses through the series of game modes mentioned. To top it off, the fee structure on BSC is far more appealing than anything else out on Ethereum today, so that excuse can be thrown out the window. The play2earn models for the abovementioned games can be lucrative should you have the funds to put down, but the opportunity for those who don’t have the funds or resources to play/build is slim pickings."}},{"type":"paragraph","data":{"text":"Crypto Fight Club offers multiple revenue streams, even if you do not have an NFT fighter to play with. These users can participate in the earn2learn trivia mode (recurring campaigns), participate in the bid2earn auction house where they can acquire NFT wearables and sell them on a marketplace, and back teams or individual fighters with tokens, as sponsors do in eSports. Should your sponsored fighter win the championship round, you get a piece of that pie based on how much you backed the future victor with. At the end of the day, Crypto Fight Club is built to be for the people."}},{"data":{"level":6,"text":"Investors"},"type":"header"},{"data":{"level":1,"text":"Big Names, Big Games"},"type":"header"},{"type":"paragraph","data":{"text":"With the seed round closing in a mere 3 weeks, Crypto Fight Club successfully raised $2,775,000 from leading names in the blockchain industry such as Shima Capital, The Ring SG, X21, Raptor Capital, and GenBlock Ventures (GBV/D21).\r\n"}},{"type":"image","data":{"caption":null,"stretched":false,"url":"https://assets.polkastarter.com/0sgypcdulx28cuoiw6tf69wtckvq","withBackground":false,"withBorder":false,"file":{"url":"https://assets.polkastarter.com/0sgypcdulx28cuoiw6tf69wtckvq"}}},{"data":{"level":6,"text":"Team"},"type":"header"},{"data":{"level":1,"text":"Pro Trainers \u0026 Crypto OGs"},"type":"header"},{"type":"paragraph","data":{"text":"\u003cb\u003eAshton Wolfe - Project Lead\u003c/b\u003e\r\nAshton ventured into crypto in the early days of 2015 with Bitcoin ATMs. He led the entire operations team and built out the largest ATM network in the world (at the time) towards the end of his COO position in 2017. Within the following years, Ashton explored growth hacking opportunities and led massive campaigns with notable businesses, making him a marketer at his core, but able to fit into any position needed."}},{"type":"paragraph","data":{"text":"About 7-8 months ago, he dabbled in GameFi and developed his first AAA game with Felix. Utilizing NFTs as entry points and land plots for people to build virtual businesses. With the resources and knowledge they gained from their first game, they gathered a top-notch team and decided to start the ultimate crypto fighting championship: Crypto Fight Club."}},{"type":"paragraph","data":{"text":"\u003cb\u003eFelix Mohr - CTO\u003c/b\u003e\r\nAs a certified Fintech Professional from the University of Hong Kong, Felix jumped into crypto in the early days of 2016. His experience includes working for a top law firm in Bangkok that was heavily involved with early-stage blockchain startups during the 2017/2018 boom. He also assisted in onboarding family offices, exchanges, and crypto companies to acquire global banking solutions through a notable offshore bank network."}},{"type":"paragraph","data":{"text":"He founded MohrWolfe together with Ashton in March 2020. Since then, they have focused on building out executives as thought leaders within the blockchain industry and Felix now spearheads a newly opened blockchain development arm that specializes mostly in gaming projects and NFTs."}},{"type":"paragraph","data":{"text":"\u003cb\u003eCedric Gautier - Founder, Owner of Elite Fight Club\u003c/b\u003e\r\nCrypto Fight Club features Muay Thai, Boxing, and MMA fighters that players can send to the ring to battle it out. Cedric, who has been fighting for over 10 years, has turned his dream into reality together with Ajarn Gae. With his extensive network into the fighting world, he opened Elite Fight Club in Bangkok in 2015 and two years later, he did so again at their newest location in Hua Hin, Thailand, where he hosts world-class Muay Thai fights at the newly built Hua Hin Stadium."}},{"type":"paragraph","data":{"text":"Elite Fight Club is currently rebranding itself to Elite Fight Club x Crypto Fight Club and bringing top-class trainers and fighters into the game.\r\n"}},{"type":"image","data":{"caption":null,"stretched":false,"url":"https://assets.polkastarter.com/vosqqkfzxmmkwjnqn756uck77wkn","withBackground":false,"withBorder":false,"file":{"url":"https://assets.polkastarter.com/vosqqkfzxmmkwjnqn756uck77wkn"}}},{"data":{"level":6,"text":"Token Utility"},"type":"header"},{"data":{"level":1,"text":"True Crypto Meets Gaming"},"type":"header"},{"type":"paragraph","data":{"text":"Crypto Fight Club’s native token $FIGHT fuels the ecosystem with an arrow of utilities. In short, future fighters will use $FIGHT to acquire both BEP-721 NFT fighters as well as most BEP-1155 NFT wearables. Not only is it used for obtaining goods, it is also creating an innovative staking product that keeps you in control of your coins. Fighters need $FIGHT to acquire NFT mystery packs, obtain wearables for their fighters, and participate in earning models throughout the platform."}},{"type":"paragraph","data":{"text":"The main utilities of $FIGHT include:"}},{"data":{"items":["Decentralized token for staking within the NFT (both native and LP versions)","Participating in the NFT auction house events (bid2earn)","Acquire new fighter skins based on seasonal events and campaigns","Back fighters in tournaments to prospectively earn based on the victor's spoils","Evolving your fighter via staking","And much more… the list will continue over the course of 2022"],"style":"unordered"},"type":"list"},{"type":"paragraph","data":{"text":"To obtain the NFT fighters, future holders will burn $FIGHT in the acquisition process. For each NFT drop, the amount of $FIGHT will match the same amount of tokens inflated annually. There will be multiple drops each year. Prospectively, there will be more $FIGHT burned in the first 3 years of circulation, allowing the fixed 1% inflation to catch up to the original fixed supply of 1 billion.\r\n"}},{"type":"image","data":{"caption":null,"stretched":false,"url":"https://assets.polkastarter.com/6b6o1z3lgd9mautycc5itvvjyer9","withBackground":false,"withBorder":false,"file":{"url":"https://assets.polkastarter.com/6b6o1z3lgd9mautycc5itvvjyer9"}}}],"version":"2.27.2"}