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Blockchain Brawlers

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Discover Blockchain Brawlers's fundamentals and latest news.

This content was generated by Whalee (BETA), an AI crypto assitant that analyses cryptocurrencies. Informations can be incomplete and/or erroneous. Please always double check and DYOR.

What is Blockchain Brawlers?

Blockchain Brawlers (BRWL) is a play-to-earn, battler strategy game where players own NFT brawlers and earn BRWL tokens on the WAX blockchain network. The game allows players to equip their brawlers with different gear, compete against other players, and earn rewards in the form of BRWL tokens, which can be used for crafting, healing, and trading.

How is Blockchain Brawlers used?

Blockchain Brawlers (BRWL) is a cryptocurrency token used within the Blockchain Brawlers game, a Web3 fighting game developed by Tyranno Studios. The token serves as a medium for value exchange in player-to-player transactions, allowing players to engage in various activities within the game. These activities include:

  • Entering matches and tournaments against opponents worldwide
  • Purchasing in-game assets and crafting content
  • Upgrading characters and other game elements

The BRWL token is integral to the game's economy, facilitating transactions and interactions between players.

How do I store Blockchain Brawlers?

To store your Blockchain Brawlers (BRWL) tokens securely, you have several options:

  1. Metamask Wallet: This wallet supports millions of assets and blockchains, allowing you to trade your BRWL tokens on decentralized exchanges.

  2. Atomic Wallet: This multi-asset wallet supports over 1,000 coins and tokens, including BRWL. It offers private and secure storage, with no registration or KYC required. Your private keys are encrypted and never leave your device, ensuring you have full control over your funds. Atomic Wallet also provides 24/7 online support.

  3. Personal Cryptocurrency Wallet: After purchasing BRWL, you can transfer it to your personal wallet for safekeeping. This allows you to manage your tokens independently and potentially earn passive revenue by trading them on various exchanges.

  1. Exchange Wallets: Some exchanges, like KuCoin, automatically store your BRWL tokens in your blockchain network wallet address after the transaction is completed. However, it is generally recommended to transfer your tokens to a personal wallet for added security and control.

How to buy Blockchain Brawlers?

To buy Blockchain Brawlers (BRWL) tokens, follow these steps:

  1. Create an Account on an Exchange:

    • Choose a reliable exchange such as Huobi, Kucoin, Gate.io, or CoinEX.
    • Register by providing necessary information, including your email address and a secure password.
    • Complete any required identity verification steps.
  2. Choose a Funding Method:

    • Exchanges offer various payment methods, including:
      • Credit or debit card
      • Bank deposit (SWIFT)
      • Peer-to-peer trading
      • Third-party payment channels
  3. Buy BRWL Tokens:

  • In the exchange's Buy & Sell section, select the BRWL token.
  • Choose the desired payment method and complete the transaction.
  1. Transfer BRWL to Your Wallet:
    • You can hold the tokens in your exchange account or transfer them to a personal cryptocurrency wallet like Metamask.
    • This allows you to trade BRWL for other cryptocurrencies or use it on decentralized exchanges.

Remember to research the exchange's reputation, read user reviews, and compare different exchanges to find the most suitable one for your needs.

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History of Blockchain Brawlers

Blockchain Brawlers (BRWL) is a play-to-earn game created by WAX Studios. It is a metaverse game featuring a cast of NFT characters, including unique and quirky wrestlers. The game allows players to brawl, earn, and craft their way to fame and fortune, with each Brawler NFT playing a crucial role in the gameplay.

The game includes a variety of NFT collections, such as the "Founder's Edition" legendary 1-of-1 brawlers and limited-edition Ric Flair NFTs. It also features gear packs and limited-edition swag. The game is powered by BRWL tokens, which are integral to the gameplay and earning mechanisms.

Blockchain Brawlers has been listed on several exchanges, including XT.COM, where it was announced to be traded in the Innovation Zone with a BRWL/USDT trading pair. The game has garnered attention for its unique concept and entertaining gameplay, making it a notable project in the play-to-earn gaming space.

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How Blockchain Brawlers works

Blockchain Brawlers (BRWL) is a play-to-earn game that leverages blockchain technology and non-fungible tokens (NFTs) to create a unique gaming experience. Here's how it works:

Decentralized Platform

Blockchain Brawlers operates as a decentralized platform, allowing for peer-to-peer transactions without the need for intermediaries. This is made possible by the use of blockchain technology, which ensures transparency, security, and immutability of data. Consensus mechanisms like Proof of Stake or Proof of Work validate transactions and maintain the integrity of the network.

Tokenization and NFTs

The game utilizes BRWL tokens to facilitate transactions and interactions within the platform. These tokens can be used to enhance the gaming experience, purchase in-game assets, and participate in virtual economies. Additionally, the game features NFTs, which are unique digital items that can be owned, traded, and monetized by players. These NFTs include characters like The Iron Pole, Crocodile Dundalk, and Juggernaut, as well as gear packs and other digital collectibles.

Gameplay Mechanics

In the game, players can engage in virtual brawls using their NFT characters. The outcome of these battles determines the rewards earned by the players. The game encourages players to earn tokens through brawling, earning, and crafting, which can be used to enhance their characters and compete for supremacy in the metaverse.

Security

To ensure the safety of BRWL tokens and investments, users are advised to use hardware wallets like Ledger, which store private keys offline, making it difficult for hackers to access funds. Additionally, using trusted platforms like OKX can provide an extra layer of security through advanced encryption and authentication measures.

Staking and Earnings

Blockchain Brawlers also offers staking opportunities, allowing users to earn passive income through their BRWL tokens. This feature enables players to maximize their crypto earnings by staking their tokens and earning rewards.

Overall, Blockchain Brawlers combines the excitement of traditional gaming with the innovative technology of blockchain and NFTs, offering a unique and engaging experience for players.

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Blockchain Brawlers's strengths

Blockchain Brawlers (BRWL) is a cryptocurrency token that has garnered significant attention in the digital asset market. One of its key strengths is its association with a play-to-earn game where quirky NFT wrestlers engage in brawls, with the winner earning the game token BRWL. This unique concept has the potential to attract a large user base and drive engagement within the gaming community.

Another strength of BRWL lies in its price prediction. According to various analyses, the token is expected to rise significantly in the coming years. For instance, one prediction suggests that the price of BRWL will increase by 225.24% and reach $0.024339 by July 18, 2024. Additionally, long-term predictions indicate that the token could reach an average price of $15.48 in 2025, with potential spikes up to $19.75. These predictions are based on a combination of quantitative and qualitative analysis, including historical price trends, market volatility, and the overall performance of the cryptocurrency market.

The token's market capitalization and trading volume also contribute to its strength. Currently, BRWL has a market capitalization of $7.63 million and a daily volume of $1,817,826, indicating a moderate level of liquidity and investor interest. Furthermore, the token's technical analysis suggests that it may be undervalued, with indicators such as the Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) providing insights into market sentiment and potential buying opportunities.

Overall, the unique gaming concept, promising price predictions, and moderate market liquidity make Blockchain Brawlers (BRWL) an attractive investment opportunity in the cryptocurrency space.

Blockchain Brawlers's risks

Blockchain Brawlers (BRWL) is a cryptocurrency that, like other digital assets, carries inherent financial risks. These risks are primarily due to the market's volatility and the nascent nature of the technology. The cryptocurrency market is known for its unpredictable price movements, which can result in significant losses if not managed properly.

One of the key risks associated with BRWL is its potential for significant price fluctuations. The market capitalization of BRWL is relatively small, which can make it more susceptible to large price swings. This volatility can be exacerbated by factors such as changes in market sentiment, regulatory developments, and the overall performance of the cryptocurrency market.

Another risk factor is the use of high leverage in trading BRWL. While leverage can amplify profits, it also increases the potential for substantial losses if the market moves against the investor. Effective risk management strategies are crucial to mitigate these risks.

InvestorsObserver, a research firm, has analyzed BRWL and assigned it a risk rating. This rating is based on a proprietary scoring system that evaluates various factors, including market volatility and the overall performance of the cryptocurrency market. The rating can help investors understand the level of risk associated with BRWL and make informed investment decisions.

In summary, the financial risks associated with Blockchain Brawlers (BRWL) are primarily related to market volatility and the potential for significant price fluctuations. Effective risk management and a thorough understanding of the market are essential for investors considering BRWL as an investment opportunity.

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Did Blockchain Brawlers raise funds?

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Blockchain Brawlers's ecosystem

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Blockchain Brawlers’s team

  • Richard Garfield: Known for designing the PvP game for Blockchain Brawlers.
  • Michael Rubinelli: Head of WAX Studios, involved in the development of Blockchain Brawlers.
  • Mostafa Salem: Head of Gaming Research, involved in the rebranding of Blockchain Brawlers to Brawlers.

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The fundamental analysis assistant for crypto value investors.

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