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Home Crypto News

Codyfight (CTOK) reveals income model and development forecast

January 3, 2022
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Codyfight CTOK reveals revenue model and growth forecast

Codyfight is proud to make it possible for the local community to earn CTOK speedily and affordably in a wide range of techniques. This is one particular of the a lot of philosophies that make up the core consumer knowledge in Codyfight. So, let us see how you can earn CTOK and other fascinating rewards from “ready-made” options!

Join the battle in aggressive arena battles

Join Codyfight’s dynamic ranking method and race to the best for a likelihood to earn breathtaking rewards. The increased the user’s robot rating, the increased the reward. When reaching the prestigious ten rating, customers can earn one.9 occasions the complete prize pool.

There is no want to fear that it is complicated to “rise to the top”, since as early as 5th grade, gamers have the possibility to multiply the reward by one.75x. Here Codyfight has supplied a table exhibiting the reward coefficients corresponding to every single rank.

Premium = cost * corresponding coefficient

1641181703 754 Codyfight CTOK reveals revenue model and growth forecast
The table demonstrates the reward coefficients corresponding to every single rank

Codyfight calculates the robot’s uptime from the amount of video games played in a day. Based on this uptime and consumer ratings, with 60% win fee it can aid the consumer earn CTOK from 150 to 1500 USD per month.

NFT skin trading

Codyfight serves as a platform to assistance talented men and women and desires to make its game as local community-centric as probable. As a outcome, Codyfight designed a Skin Shop the place gamers could listing their unique NFTs in exchange for a set quantity of CTOK.

Artists will also have the possibility to join gamers and programmers. They can build exclusive NFT skins and listing them in the Skin Shop. The listing of these artists will be topic to thorough approval.

Take portion in substantial-chance battles

The championships will be held consistently by Codyfight. Attendees have the likelihood to get wonderful rewards this kind of as NFT, CTOK, and even a long term CKey for the new robot.

Tournaments are one particular of the decentralization occasions in Codyfight. Users can also join the war as gamers – battle and win CTOK, NFT skins, and so on. This is one particular of the techniques to enhance wealth quicker than just plain perform.

Users are also invited to participate as organizers: making use of the versatile tournament organizing instrument supplied by Codyfight, customers can customize the gameplay, creating tournaments entertaining and with a superior and balanced look for the local community.

There are other techniques to earn rewards in addition to the over solutions. Example: Capture Agent Legendary Blade to carry CTOK back – even far more tokens acquired for winning a match. Codyfight will deliver a CTOK when a consumer efficiently reviews a pal or when they report any bugs that may well be uncovered whilst taking part in Codyfight.

Codyfight unites 3 rapidly-increasing sectors with large development prospective by focusing on video video games, eSports and cryptocurrencies.

Video video games

The gaming sector has attracted a regular stream of gamers because 2015. In 2021 alone, there are around three billion gamers globally, an enhance of five.three% from 2020. It is also estimated that it will attain three billion. , three billion by 2024 and will carry on to develop by five.six% yearly above the upcoming five many years.

1641181704 18 Codyfight CTOK reveals revenue model and growth forecast
The supply: Newzoo 2021 Global Gaming Market Report

eSports

ESports, a key branch of the video game sector, is also exhibiting phenomenal development in latest many years. Currently, there are 456 million esports followers globally and tournaments have a complete prize pool of up to $ forty million (e.g. Dota 2’s The International 2021). Revenues from this sector reached $ one billion in 2021 and are projected to exceed $ one.six million by 2024.

Cryptocurrencies and NFTs

Last but not least are cryptocurrencies, which have a industry capitalization of above $ two trillion. Compared to just four many years in the past when the amount was $ 15 billion in 2017, the industry has grown strongly by 13300%. It ought to also be mentioned that just about a third of the cryptocurrency industry is the not too long ago common NFT fork, a substantial concentrate of Codyfight.

1641181704 472 Codyfight CTOK reveals revenue model and growth forecast
The supply: Total cryptocurrency market capitalization in 2021 according to statistics from coinmarketcap.com

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Note: This is sponsored information, Coinlive does not immediately endorse any data from the over report and does not ensure the veracity of the report. Readers ought to carry out their very own investigation just before creating choices that influence themselves or their enterprises and be ready to get obligation for their very own options. The over report ought to not be regarded as investment suggestions.

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