[Overview] What is Crabada ($CRA)?

by GameAZ
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Crabada is an NFT Game project created on the Avalanche ecosystem. The Game Play to Earn model is a big business on Blockchain with many opportunities not to be missed. The Avalanche ecosystem is currently attracting more and more potential projects with low fees and fast transactions to complete the Layer-1 infrastructure and Crabada is the first Game project on this ecosystem.

I’m Steven – let’s learn about What is Crabada from A – Z.

Key Takeaways:

  • The NFT Game project was created on the Avalanche ecosystem.
  • The game development team with faces like: Fuji, NH, Jay all have many years of experience in the Blockchain field.
  • Crabada raised $600,000 through investors such as: Avalanche, Avalaunch, Skyvision Capital,…

1. Overview what is Crabada?

Crabada is one of the GameFi NFT genres that owns a quite unique and fun design that players can both experience and earn money in the game. This is a game set in the future when the fierce battle between the Hermit-Crabs to regain the Kingdom of Crabada and receive rewards through in-game activities such as resource extraction, looting from other players , fight,…

This is a game that doesn’t take too much time, meaning users can play it whenever and wherever they want without interrupting their daily life. Moreover, the game also provides players with not only entertainment but also financial value.

what is crabada

2. Project highlights Crabada

The Crabada NFT model and core gameplay rely on effective combinations to create an enjoyable experience. Crabada’s goal is to deliver an innovative, idle Play to Earn model that uses a unique PvMP (Player versus Player).

Users can mine, loot and create their own $CRA to strengthen the force in the system. Those who earn Governance Tokens will be invited to shape the future of the kingdom through the powers that govern and decide its fate.

3. Roadmap Crabada

4. Information of CRA Token

In addition to the information about the game project what is Crabada? Then you also need to learn about CRA Token. Here are the details you need to know:

4.1. Key Metrics

  • Token name: Crabada
  • Ticker: CRA
  • Blockchain: Avalanche
  • Token Standard: ARC-20
  • Contract: 0xa32608e873f9ddef944b24798db69d80bbb4d1ed
  • Token Type: Governance.
  • Max Supply: 1,000,000 CRA
  • Market Cap: $109,468,196
  • Circulating Supply: 70,060,548 CRA

4.2. CRA Token Distribution Schedule

  • Ecosystem Fund: 20%, 50% unlocked at TGE and 50% unlocked after 1 year.
  • Advisors: 3%, 2 years Vesting (6 cliff months, quarterly installments).
  • Team: 17%, 2 years Vesting (6 months cliff, quarterly amortization).
  • Community Bootstrap Event: 6%
  • Private Round: 6%, 1 year Vesting (3 cliff months, quarterly installments).
  • Staking Rewards: 13%
  • Liquidity: 5%
  • Play-to-Earn: 30%

4.3. CRA Token Utilities

Crabada Token ($CRA) is the glue that holds all members of the Crabada community together through the following use cases:

  • Governance: Holders of $CRA have the right to vote and participate in Carbada’s decision-making process.
  • Farming: $CRA is used for Farming Points that users can use to redeem NFTs.
  • Payment: CRA and TUS tokens are used as payment currencies in the NFTs Market along with other Tokens

4.4. How to own CRA Token

Trading on DEX: Buy, sell and trade CRA Token on many different exchanges such as: Trader Joe, Pangolin, Coin98 Wallet

5. Backer

5.1. Team

  • Jay (Co-Fouder): Responsible for product design and worked at Binance as UX/UI designer and product developer
  • NH (Co-Founder): responsible for Back-end with more than 10 years of experience in this field and has 4 years of experience working in a number of cryptocurrency projects at Blockchain Infinity Lab.
  • Fuji (Co-Founder): responsible for Blockchain Technology Engineering. He has experience in Blockchain since 2016 with various platforms such as smart contracts and custom Ethereum. In addition, he designed and implemented the first Back-end system for a leading crypto wallet.

5.2. Investment funds and partners

Crabada was funded through fundraising rounds with $600,000 from investors: Avalanche, Avalaunch, Skyvision Capital, Not3Lau Capital, Zee Prime Capital, Devmons, Wangarian,…

6. Community

You can find out more information about Crabada through:

  • Website: https://www.crabada.com/
  • Telegram Ann: https://t.me/crabadaannouncements
  • Telegram Group: https://t.me/playcrabada
  • Twitter: https://twitter.com/PlayCrabada
  • Discord: https://discord.gg/W5aVKThH

The above is an overview about what is Crabada, compiled by GateGame. Hope can help you have a clearer picture of this interesting GameNFT world so that you can make more informed investment decisions and always remember Capital Management.

If you have any questions, comments, recommendations or project ideas, please email: [email protected]

Disclaimer: This website’s content is offered as a general market overview and does not constitute financial advice. GameAZ recommends you to conduct additional research before to investing.

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