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Balance (EPT)

Past
Total Raise: $30,000,000
Date: 04 Sep - 05 Sep 2024

Balance is the world's leading mass adoption-focused Web3 experience infrastructure.

The project claims that it is not just a world-leading gaming and social companion platform but also an AI-powered Web3 experience infrastructure designed for mass adoption.

On September 5, 2024, Balance successfully raised $30M in its funding round from such reputable investors as a16z, Galaxy, and many others.

❗️ ❗️ ❗ IMPORTANT:

Please note that all information, including our ratings and reviews, is presented purely for educational purposes. CoinLaunch isn't a financial advisor and doesn't intend for the information to be perceived as investment advice or recommendations. Our project evaluation methodology encompasses 89+ distinct variables/metrics, refined over time through the team's rich 7-year experience.

Balance Overview

Ticker: EPT
Country: United States
Industry: GameFi
Founded: 2024
Whitelist: Yes
Blockchain Network: Balance (own blockchain)
KYC: n/a
Bounty: Yes
MVP: Yes
Type: Equity
Security Audit: No

Balance Review

E-PAL, the world's leading gaming and social platform, has officially unveiled Balance, its new AI-powered blockchain experience platform.

E-PAL's mission is to create an open, inclusive, and fair Web3 ecosystem. Leveraging its existing user base of 4.2 million users, Balance aims to bring transformative innovation to the social industry by integrating advanced blockchain and artificial intelligence technologies.

By doing this, Balance Games offers an unprecedented experience for gamers, developers, and publishers in the Web2 and Web3 ecosystems. Balance.fun has already partnered with over 80 Web3 gaming companies, making EPAL.gg the only gaming platform that has extensive cooperation with both segments, supporting over 150 games worldwide.

Balance's infrastructure consists of five interconnected layers, each of which extends the platform's capabilities. 

  • The application tier includes both human and AI EPALs, an AI-based battle reporting system, a point-sharing feature for players, and exclusive NFT Pioneer Badges for early adopters. 
  • The platform tier includes the game NFT platform and provides comprehensive support for both first and third-party games, as well as an integrated NFT marketplace. 
  • The protocol layer offers a set of tools, including the Epal Fans Token Launchpad, Epal Fans Protocol, and a dynamic exchange system. 
  • The infrastructure layer underpins these features with important services such as the Balance ID system, the Balance chain, the Balance stablecoin system, and a robust network of nodes that ensures secure and efficient operations. 
  • Finally, the token layer is designed to reward users, early adopters, investors, and gaming partners with tokens and digital collectibles. E-PAL will issue major assets including $EPT tokens, NFT Pioneer Badge, and Balance Nodes to provide better incentives and economic circulation for active players, early adopters, investors, and EPAL.

💰 $EPT Token

$EPT is the governance token for Balance, with a total supply of 10 billion. It rewards network activities in the ecosystem, such as transactions, liquidity provision, and application creation. $EPT creates an incentive mechanism for traders, creators, and the market, ensuring all participants benefit from the network activities.

💸 From its funding round conducted on September 5, 2024, Balance successfully raised $30M from reputable investors including a16z, Galaxy, and many others.

 

✅ Balance’s pros:

  • The project has a huge raise from reputable investors ($30M);
  • Promising project concept in the GameFi niche;
  • Great Growth Marketing;
  • Good PR performance;
  • Above-the-average SMM coverage;
  • Has a lot of reputable partners;
  • The project team actively participates in AMA sessions.

❌ Balance’s cons:

  • No tokenomics yet;
  • No public Security Audits;
  • Poor Influencer Marketing;
  • Weak Search Engine Optimization and Marketing Infrastructure;
  • Below-the-average PR performance.

Balance Token Economy

Total Raise: $30,000,000
Total Supply: 10,000,000,000
Private/Pre-sale: (0%)
Public Sale: (0%)
Fully Diluted Valuation (FDV):
Initial Circulation Supply: (0% of FDV)

Balance Token Sale (ICO & IDO) Rounds

Private: Sep 2024 Past

Price: N/A
Tokens for sale: N/A
Raise: $30,000,000
Lock-Up: N/A

Balance Funds and Backers
(3/12)

Submit
Animoca Ventures Logo
Animoca Brands (Ventures)
Score: Very High
24 numbers of
investment
Read More
Amber Group Logo
Amber Group
Score: Medium
19 numbers of
investment
Read More
a16z logo
Andreessen Horowitz (a16z)
Score: Very High
13 numbers of
investment
Read More
View All

Balance Marketing Activity

Search Engine Optimization
Social Media & Community Management
PR & Traffic
Marketing Infrastructure
Influencer Marketing
Growth Marketing
Last Update:  22 Oct 2024 Upgrade

Balance Team

Lucas
Lucas
Co-Founder
Adam
Adam
Co-Founder
Trihoshi
Trihoshi
Ambassador of the Americas

Balance News

Balance Roadmap

MAR 2020
  • E-PAL launched its version 1.0 website;
SEP 2020
  • Completed a $3 million seed funding round led by Andreessen Horowitz (a16z);
JUL 2021
  • Closed a Series A funding round with Galaxy Interactive leading and a16z participating;
DEC 2022
  • Began exploring Web3 technologies;
MAR 2023
  • Established a Web3 team to develop Balance zkEVM;
MAR 2024
  • Launched the testnet for Balance zkEVM and simultaneously started developing the Balance Platform;
MAY 2024
  • Released version 1.0 of the Balance Platform, compatible with all EVM networks, allowing users to manage gaming assets through the platform;
  • Released version 1.1 of the Balance Platform, introducing a bounty task feature where users can earn buff points daily, redeemable for EPT Tokens in the future;
  • Began sales and minting of Balance IDs;
JUN 2024
  • Started a funding round with key opinion leaders (KOLs);
  • Launched sales for Balance nodes;
  • Introduced Balance Passport, providing unified identity authentication for users;
JUL 2024
  • Launched the Balance Wallet Chrome extension, facilitating easy access to the Web3 world;
  • Launched an open marketplace on the Balance Platform, offering one-stop trading of gaming assets;
AUG 2024
  • Mainnet of Balance zkEVM went live, simplifying blockchain game development;
SEP 2024
  • Partnered with over 500 games;
OCT 2024
  • Integrated AI features into the Balance Platform, supporting users' creation of AI gaming companions;
NOV 2024
  • Introduced AI components in Balance zkEVM, enabling developers to directly generate smart contract code through documentation;
DEC 2024
  • Continued expanding the compatibility of the Balance Platform to include networks like Solana, Avalanche, and Clayton.

Balance Airdrop & Retrodrop & Bounty

Pioneer Badge NFT (Airdrop)
balance logo
funds
Start Date:
02 Sep 2024
End Date:
16 Sep 2024
Difficulty:
Medium
Winners:
2,000
Rewards:
N/A

Description

Balance,  according to the project, is not just as a top-tier gaming and social companion but as an AI-driven Web3 experience infrastructure for mass adoption.

No airdrop has been confirmed yet, it’s only speculation.

Read More

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