NFT-based crypto trading simulator Banksters’s native token BARS has gotten off to a flying start, selling out within just a few hours after launching on a trio of top crypto launchpads.
Banksters opted for a simultaneous launch of BARS earlier this week on GamesPad, BullPerks and StormGain, and the entire supply across all three platforms was snapped up by enthusiastic players and investors in a matter of hours, highlighting the strong interest in its educational trading simulation platform.
The sale raised 350,000 USDT via the sale of 8.75 million BARS tokens on StormGain, while an additional 160,000 USDT was bagged from the sale of 4 million BARS on BullPerks. Meanwhile, GamesPad’s allocation of 1 million BARS tokens was sold for a total of 40,000 USDT, providing much-needed funds that will go straight to the Banksters’ treasury, which will put them to use by accelerating development and marketing.
Banksters is a new kind of educational game in the crypto world that replicates real-world trading conditions to teach players how to trade digital assets in the real-world. To get started, players must acquire an NFT-based trader that provides access to the full game, and then attempt to become a profitable trader, earning rewards paid in BARS tokens for their success.
The game teaches players how to read the markets, understand price charts and the signals they provide, as well as various trading strategies they can employ. The idea is that players can have fun while playing, learn valuable skills, be rewarded for their efforts, and ultimately put the skills they acquire to use in the real world. Players can learn how to deal with market volatility while improving their understanding of financial markets. The game also provides unique elements such as head-to-head battles with other traders, where players can pay an entry fee in BARS to compete against one another to earn the most profit within a specified time period, with the winners earning even more rewards in BARS tokens.
Players can also upgrade their NFTs’ attributes by paying BARS, and even mint new NFT characters that they can build up and later sell if they want to.
The public sale of BARS was highly anticipated, with Banksters building up excitement ahead of the event through a two-week airdrop campaign in March that saw 1,000 NFTs worth $100,000 distributed to the top players during that period.
The game is currently holding an additional NFT sale, with more than 2,000 Minting Scroll NFTs listed on the Magic Eden platform. The Minting Scroll NFTs should be of interest to anyone who believes they can rank on Banksters’ new top 50 leaderboard, because holding one of those NFTs means that the standard $5,000 prize will be doubled when it ends on May 20.
The culmination of that event will be followed by the first public listings of the BARS token on top centralized and decentralized cryptocurrency exchanges. Banksters is set to reveal the names of those platforms in the coming weeks.
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