It appears Chiliz is working overtime to power tens of fan club tokens; however, it would be better if they channel these efforts to build a reliable currency. Most of these sports and entertainment platform tokens are on a continuous downward spiral, including the Chile fan token, also known as Universidad De Chile Fan Token (UCH).
Like all fan tokens, the Chile fan token was developed to engage the interest and support of true lovers of the University of Chile football team. When it was launched, many investors and fans believed that the coin would be a massive hit in the crypto market, but today’s trends tell a very different story.
Universidad de Chile fan tokens are used to purchase the club’s merchandise and influence club decisions. The Chilean football club is the first in the country and the second South American club to create a cryptocurrency for its fans. It joined the list of 17 other football clubs, including Juventus, Paris Saint-Germain, and FC Barcelona, with fan tokens on socios.com. In the last ten years, the club has won six league titles and a total of 18 since its establishment. These wins encouraged investors to buy the coins and raise the market cap to $318,143.26.
Rather than waste valuable time and capital on Chile fan tokens, experts insist you invest these resources in the Battle Infinity Tokens (IBAT) instead. IBAT surpasses the UCH token in many aspects, all of which will be explained in this article.
Chile fan token price prediction
The price predictions tabulated below were obtained from the opinions of some top crypto analysts. Hence, they are not entirely valid and should not be overly relied on.
|Year||The average price of $UCH|
The price prediction of the Chile fan token is not encouraging and has presented its investors with doubt. While you may still doubt investing in the Chile fan token, this article will explore the Battle Infinity (IBAT) token, a more promising cryptocurrency that will be worth your time and investment.
Battle infinity platform
Battle infinity is a video gaming platform with different play-to-earn (P2E) games. Battle infinity was launched in 2022 on the BNB smart chain (bep20) network. It is a crypto-gaming platform with different play-to-earn (P2E) games and combines features of NFTs, P2E elements, and the metaverse.
The native token of the Battle Infinity universe: IBAT
IBAT is the native token for the battle infinity platform with a total supply of 10 billion. It is the major channel for accessing all Battle infinity products and serves as a reward for battle infinity users since it is a gaming platform. IBAT is currently gaining more popularity among users; it is the best revolutionary cryptocurrency to own in 2022 since it serves as a utility token and can be traded on PancakeSwap and stored in a metamask or trust wallet.
From battle infinity tokenomics, 28% of its total supply was attributed to the IBAT presale, which started on the 11th of July at a rate of 1 BNB = 166,666.66 IBAT. The presale was expected to last for 90days or when the hard cap of 16,500BNB is hit. But IBAT sold off at a speedy rate reaching its soft cap of 12% of presale or 2000BNB in less than 14 days, and its hard cap target of 16,500BNB was achieved in just 25 days.
How to Buy IBAT tokens?
Through the official Battle Infinity website, you can buy Battle Infinity tokens (IBAT) with BNB.
Please select your preferred wallet provider. On the PC, we prefer Metamask, and on the mobile, we propose Trust Wallet via Wallet Connect. IBAT may be purchased through BNB after it is connected. If you don’t know how to set up a Trust Wallet or Metamask, click the links below.
Step 1– Enter the desired BNB or IBAT amount that you want to buy in the buy IBAT section.
Step 2– After Entering the amount, you can click the “BUY IBAT” button
Step 3– Confirm on metamask/trust wallet to process the transaction, and you are all done.
Battle infinity metaverse
The Battle Infinity platform is integrated with the metaverse world, and it is called “Battle Arena.” In Battle Arena, gamers can build their strategic team to compete with each other and earn rewards in IBAT. All products in the Battle infinity platform are centered on the battle arena. These products include:
- Battle swap: This is a decentralized exchange (DEX) where platform users can trade other virtual assets for IBAT tokens and exchange their winning tokens for fiat or other cryptocurrencies.
- Battle market: This is an NFT marketplace where users mint, sell, or buy artworks. It is also a battle infinity product that allows in-game assets like items of clothing, avatar, weapons, and other materials to be purchased using the IBAT token.
- Battle games: Battle infinity games are multiplayer NFT-based games where gamers can compete with other players and earn rewards in NFTs or IBAT. The bonus earned can also be sold in battle markets or converted to the native token (IBAT).
- Battle staking: This battle infinity product enables users to earn extra rewards by depositing and locking their holdings for a particular period.
- Battle Premier league: Football lovers certainly admire this product. Battle Premier League is a fantasy sports game integrated on the decentralized Blockchain with metaverse or battle arena. The first of its kind. Here gamers can build their football teams and Battle with others worldwide to earn rewards.
Chile fan token (UCH) vs. Battle infinity token (IBAT).
UCH and IBAT are promising cryptocurrencies to invest in, but when it comes to investment, the need for a higher return on investment (ROI) should be considered. From all that has been discussed in this article, it is apparent that IBAT has a higher ROI.
Looking at the price prediction of UCH, it is clear that the return on investment is relatively low; this might be due to the failure of fans to engage in cryptocurrency leading to low mass adoption. A look at the $UCH price history will reveal a high volatility rate, even though the coin is listed on major exchanges like Crypto.com.
In 2020, Universidad de Chile fans had high hopes when the coin reached an all-time high of $11.81, only to be worth 92% less barely a year after. Looking at the estimated predictions, it could take over five years for the coin’s price to rebound.
Unlike Chile fan token, IBAT has given its investors over 700% on presale by shooting its price from $0.0015 to $0.011. IBAT has attractive products like Battle Premier League. This is clear evidence that their mass adoption will be very high. Thereby making it a better option for prospective investors. Unless something changes in Chile football club—like signing a new star player or discovering new talent— it would be a terrible idea to sink more resources into $UCH.
A study has shown that the price action of UCH is more likely to fall when sports industries face health, management, security, or environmental challenges. Chile is a country famous for being one of the most earthquake-prone countries in the world. Now, imagine an earthquake occurs during a football season; many fans will be forced to stay home even when environmentalists claim it’s safe to do so. Such could ground local football activities, making the token useless for fans. Another angle to explore is a transfer of big players, a change in administrative staff, and others.
Fortunately, IBAT has a higher tendency to maintain or increase its value in the event of an environmental, health or governing crisis in the physical world. For instance, being an NFT gaming platform, players can not be affected by a health pandemic or epidemic. Instead, they would be urged to participate more in virtual games. Resulting in more engagement on the Battle Infinity platform at such a time.
In addition, the IBAT token is regarded as one of the fastest rising cryptocurrencies as it is already being traded on PancakeSwap, the most popular DEX for BNB smart chain network. This attribute alone has drawn more attention to the IBAT token, coupled with the recent news of its listing on LBank, which is also one of the world’s leading crypto exchanges.
There you have it! All the primary reasons why you should invest in IBAT tokens rather than the chile fan token. The final choice is up to you. Unlike the Battle Infinity token that can benefit you both long-term and short-term, the Chile fan token may only be able to reward you on long-term investment.