Banksters’ BARS Token Raises $550K Via Top Crypto Launchpads

Enthusiasm for Bankster’s native token BARS was sky-high, with the edu-tech platform reporting that its entire allocation across three top crypto launchpads was sold out to eager investors in a matter of hours, raising a total of 550,000 USDT that will be used to fund the game’s further development. 

The public sale was launched across a trio of launchpads – StormGain, BullPerks and GamesPad – and the project’s founders say they’re pleased to report that it went well, with strong interest in the token from players and investors alike. 

Banksters chose to launch BARS on three platforms at once because it was expecting enormous demand and didn’t want anyone to miss out on the opportunity to get early access to its token. The decision did not disappoint, with 8.75 million BARS tokens raising 350,000 USDT on StormGain, and 4 million BARS sold via BullPerks for a total of 160,000 USDT. Another 1 million BARS was allocated to GamesPad, and those raised an extra 40,000 USDT for the platform. 

Banksters put a lot of effort into marketing its initial public sale, launching a two-week airdrop contest in March, where it gave away 1,000 of its Bankster NFTs to the players who displayed the best performance on its game during that time frame. Those NFTs were worth a combined $100,000, it said. 

Money is also being raised through the Magic Eden NFT marketplace, which recently listed an additional 2,000 NFTs known as “Minting Scrolls”. Anyone who holds a Minting Scroll NFT will receive double the prize amount if they manage to obtain a top 50 rank on Banksters’ new leaderboard, which was introduced with the official launch of the game on its new mainnet. The standard prize of $5,000 will therefore be bumped up to $10,000 for every Minting Scroll NFT holder who manages to get a place on the leaderboard by May 20, when the current contest ends. 

Banksters is an NFT educational game where players take on the role of cryptocurrency traders and attempt to trade imaginary crypto for a profit. The game utilizes real-life token prices and attempts to teach players a range of trading strategies and skills such as reading signals from price charts. Players can also pit themselves against their peers in one-on-one battles by paying an entrance fee in BARS, with the winner determined by the amount of profit they make during a specified time frame. Because each Banksters player is represented by an NFT, they each have their own specialist skills and attributes that can affect their trading performance.

As an edu-tech platform, Banksters is trying to gamify the process of learning how to trade, and it hopes that players will eventually gain the confidence and skills they need to start trading profitably in real-life. 

With the BARS token sale now completed, the next step will be its first public listings, with a number of unnamed CEX and DEX platforms earmarked to add to the token soon, Banksters says.