Gambit introduces innovative SkillFi ecosystem to redefine gaming in blockchain space

[PRESS RELEASE – Singapore, Singapore, April 2nd, 2024]

Ethlas, a pioneer in the Web3 gaming industry, announced the groundbreaking SkillFi model with its flagship game Battle Showdown: Gambit. The game is set up to allow players to monetize their skills, promoting a sustainable economic ecosystem within the game.

Gambit Ecosystem

Battle Showdown: Gambit introduces a unique economic model that connects players and patrons (bit owners). Players are rewarded proportionally based on their in-game performance, ensuring that their best skills translate into real-world value.

At the same time, bit owners can invest in players by acquiring bits and share in the players’ success through the profit sharing mechanism. A focus on player empowerment redefines the player’s role in the Web3 gaming environment.

The Gambit ecosystem consists of:

• Battle Showdown: Gambit Mobile Game. It features high-stakes gameplay across multiple game modes and a cash in/out system for players.
• Gambit portal with bit trading and analytics dashboard for bit holders.

SkillFi model

Fractional ownership: Users can invest in promising players by acquiring a portion of player bits. This approach enables a profit sharing mechanism, allowing gamers to share their success with bit owners.

Bit trading: The dynamic Bits Trading marketplace allows Bit holders to become talent scouts, identifying and investing in promising players. By trading player bits, bit owners can build a diversified portfolio and potentially earn large rewards based on player performance.

Analytics dashboard: Comprehensive dashboard to analyze player performance, earnings and trading history.

Roadmap

Ethlas is committed to the continued development of the SkillFi experience with an exciting roadmap ahead.

• Phase 1: Gambit Point System (Live Now) – The current portal allows users to accumulate points and multipliers, climb the leaderboards and qualify for upcoming airdrops.
• Phase 2: Bit trading (coming soon) – The long-awaited Bit Trading Marketplace has been launched, allowing Bit holders to speculate on potential skilled players.
• Phase 3: Start the game (coming soon) – Official release of the first Gambit game, a thrilling shooter available for download on both iOS and Android devices. This phase unlocks SkillFi’s full potential with comprehensive bit trading functionality and in-depth player analysis.

Battle Showdown: About Gambit

Website: https://battleshowdown.com

Whitepaper: https://whitepaper.battleshowdown.com/

Twitter/X: https://twitter.com/BSD_gambit

Discord: http://discord.gg/bsd-gambit

About Esras

Founded by a team of technology veterans with experience at Google, Microsoft, IGG, Airbnb, JP Morgan, Citi, Grab, and more, Ethlas is headquartered in Singapore with remote offices around the world.

Ethlas has become a successful blockchain gaming platform, gaining 1 million users in just 3 months. Recognizing the growing need for robust security solutions in this space, the company also developed FailSafe, a market-leading anti-fraud technology, reinforcing its commitment to reliability and accessibility in Web3.

Ethlas is backed by Sequoia Capital, Makers Fund, Dragonfly Capital, Yield Guild Games (SEA), Infinity Ventures Crypto, Global Blockchain Innovative Capital, and executives from Coinbase, CoinMarketCap, Spartan Group, Hashed, and Grab.