Balance is a layer-1 blockchain integrating artificial intelligence (AI) with a focus on revolutionizing the Web3 gaming landscape. Developed by E-pals, a prominent Web2 gaming ecosystem and live-streaming platform boasting over 4.2 million users since its 2020 launch, Balance aims to bridge the gap between Web2 and Web3 gaming. The project leverages E-pals’ extensive experience to create a user-friendly and accessible Web3 gaming ecosystem, attracting a broader audience. Beyond gaming, Balance envisions a diverse suite of applications, including Balance ID System and Balance Rewards.
Table Content:
- Key Components of the Balance Ecosystem
- Balance Games: A Gateway to Web3 Gaming
- Balance ID System: Simplifying Digital Identity
- Balance Rewards: Incentivizing Engagement
- Pioneer Badge NFT: Recognizing Early Adopters
- Participating in the Balance Airdrop
- Understanding the EPT Token
- EPT Tokenomics
- EPT Token Allocation
- EPT Use Cases
- The Team, Investors, and Partners Behind Balance
- Similar Projects
Key Components of the Balance Ecosystem
Balance is building a comprehensive ecosystem designed to streamline the Web3 gaming experience and offer a variety of functionalities:
Balance Games: A Gateway to Web3 Gaming
Acting as a central hub, Balance Games introduces players to a curated selection of prominent Web3 titles. The platform features both games developed in-house by Balance and those integrated from third-party developers. For external developers, Balance provides a suite of tools and services, including AI E-pals and Real-life Epals, facilitating game publishing and promotion on the platform. Notable titles already integrated on Balance Games include Shrapnel, Matr1x Fire, and Apeiron. This approach offers a diverse gaming experience for users.
Balance ID System: Simplifying Digital Identity
Balance ID System offers a unified digital identity solution, enabling users to access multiple cross-chain games with a single ID. By streamlining the registration process, Balance ID System aims to remove complexities associated with Web3 onboarding, making participation more accessible. This single sign-on feature significantly improves user experience.
Balance Rewards: Incentivizing Engagement
The Balance Rewards program allows users to accumulate points by participating in platform activities and completing tasks. These points serve as criteria for future airdrop eligibility, incentivizing community engagement. Tasks within Balance Rewards include following the project’s social media channels, joining the Discord community, and actively playing games within Balance Games. This rewards system encourages continuous platform interaction.
Pioneer Badge NFT: Recognizing Early Adopters
Balance is launching the Pioneer Badge NFT collection, a reward system for active Balance Rewards participants. With a total supply of 2,000 NFTs and free minting scheduled for October 2024, eligibility for whitelisting is granted to the top 100 users on the Balance Rewards leaderboard, the top 100 user referrers, and 200 lucky winners from a raffle open to users with 1,000 or more reward points. Pioneer Badge NFT holders will enjoy benefits such as priority access to new features, token airdrops, and governance voting rights.
Participating in the Balance Airdrop
To participate in the Balance airdrop and earn EPT tokens, follow these steps:
Connect Your Wallet: Visit the Balance Rewards application (link) and connect a compatible wallet (e.g., MetaMask, Bybit, WalletConnect).
Complete Tasks: Navigate to the “Rewards” section in the left-side menu and complete the listed tasks to earn points.
- Refer Friends: Utilize the “Invite” feature to generate a referral code and invite friends. Each successful referral earns you 100 points.
- Play Games: Access the “Game” section to play games and climb the leaderboard for additional rewards. Consistent gameplay and daily check-ins maximize point accumulation and leaderboard ranking.
Understanding the EPT Token
EPT Tokenomics
- Name: Balance
- Ticker: EPT
- Type: Utility & Governance
- Total Supply: 10,000,000,000 EPT
EPT Token Allocation
- Incentive Pool: 40%
- Team: 15%
- Investors: 15%
- Ecological Foundation: 15%
- Launchpool + Public Sale: 10%
- Marketing: 3%
- Market Value Management: 2%
EPT Use Cases
The EPT token will be utilized for:
- Rewards: Incentivizing participation in ecosystem activities.
- Governance: Empowering holders to vote on protocol changes. This ensures community involvement in the platform’s future.
The Team, Investors, and Partners Behind Balance
Developed by the experienced team behind the E-pals gaming and live-streaming ecosystem, Balance benefits from a proven track record in the gaming industry. While detailed information about individual team members remains undisclosed, E-pals’ success in North America speaks volumes about their capabilities. On September 5, 2024, Balance announced a successful $30 million funding round led by prominent investors a16z and Galaxy Interactive, with participation from Animoca Brands, Cultural Leadership Funds, and others. The project has also established partnerships with over 170 gaming projects, including 90 Web3 and 80 Web2 ventures, featuring notable names like Illuvium, Matr1x Fire, and Big Time. These strategic partnerships solidify Balance’s position in the gaming industry.
Similar Projects
While Balance carves its own niche, there are other projects exploring the intersection of Web3 and gaming:
- Immortal Rising 2: An action role-playing game (ARPG) built on Immutable X, drawing inspiration from a popular Korean title.
- The Machines Arena: A top-down shooter on the Ronin network. These projects, along with Balance, represent the growing diversity within the Web3 gaming space.