Photo - NFT Battle Miners (United IT Development Corp.)
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NFT Battle Miners (United IT Development Corp.)

Gaming experience connecting traditional gaming with gameFi.

UAE
Market: Entertainment
Stage of the project: Operating business

Date of last change: 22.07.2022
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Idea

NFT Battle Miners is a gameFi brand delivering 3D Metaverse, shattering the walls between web3 gaming and conventional gaming industry. Its early success proved that we are ready to scale and go big!

Current Status

-Incorporated 10th of June 2021.
-Launched our first 2D game in Sept. 2021
-Launched alpha card game in Jan. 2022.
-over 1.3mil$ revenue up to date
-over 3mil$ 2nd market trading volume up to date
-2022- Developing our main product, 3D metaverse
-Currently raising funds through NBM token sale to be able to scale the team, further increase speed of delivery and additionally increase quality of our product
-Estimated revenue for 2023 alone: 10mil$
-Bootstrapping

Market

Our initial success with revenue of 1.3mil$ in the first year was based on very limited WAX blockchain market. Currently we are getting ready to tap worldwide market with our main 3D metaverse product and card game, targeting both conventional gamers and also other blockchains by implementing ORE ID technology from our strategic partner Aikon.

Problem or Opportunity

1. Conventional gaming lacks ownership aspect for purchased in-game assets. Once player stops playing the game, he is not able to retrieve his investment.
2. GameFi is still quite hardly accessible for conventional gamers due to hard onboarding process and required previous experience with blockchain, wallet creation etc
3. GameFi lacks quality due to its immaturity. Not many tripleA gaming studios entered the market yet.

Solution (product or service)

1. NFT Battle Miners enables its users to own their in game assets and freely trade them on the market.
2. By partnering with Aikon and implementation of their multi-chain ORE ID solution for easy and quick sign up, we will be able to tap complete gaming market, both conventional gaming industry and many gameFi communities in a chain agnostic way.
3. We are delivering high quality gameplay and streamability, getting ready to compete with top tripleA gaming studios.

Competitors

Top competitors to highlight:

Card game:
Splinterlands - Blockchain based card game that achieved rapid growth in 2021. 4 years of development- we are able to outperform with our team even without scaling in quality and speed of development.
Axie Infinity - One of the most popular blockchain based card games.

3D Metaverse:
EVE Online - Traditional multiplayer space based game growing in popularity for many years. It is lacking gameFi aspects such as ownership of assets by users and monetisation for user base.
Illuvium - Example of blockchain based game with great success.

Advantages or differentiators

We are providing excellent 3D gaming experience, infinite hours of gameplay and stream-ability. We are connecting traditional gaming with positive gameFi aspects.

Finance

-Selling in game items (a bit over 1mil$ up to date)
-2nd market royalties (a bit over 300k$ up to date)
-Subscriptions (GaaS) - not started yet
-Advertisements revenue - not started yet

Current operational costs are around 80k$/month, and with expansion of the team it will grow to 150k$ and 300k$ during 2023.

Estimated revenue for 2023 alone, after release of Metaverse is over 10mil$.

Business model

Our main business model is GaaS (Game as a service), developing high quality gaming experience with reoccurring revenue stream through sales of in game items, 2nd market royalties and other minor revenue streams.

Currently we have over 3300+ players of our 2D game, and around 20000 community members on Discord, 20000 followers on Twitter and smaller numbers across other social networks.

Money will be spent on

Money will be spent on scaling and expansion of our team that currently counts 13 members. We aim to grow to 30 members by end of 2022 and 60 by the end of 2023. It will enable us much faster delivery times and also enable us to spend more time on already great quality of our products.

It will also help us to be less stressed on finances during development times for our major products such as year 2022 is.

Offer for investor

We are currently raising funds through our NBM token:
https://drive.google.com/file/d/1BoJM3xRjX44eeSUn6SSIVeHextK4W3BY/view

ᄂSeed round : 1MM NBM - @0.900 USD = 0.9 MM USD - Current round with minimal size ticket 50000 NBM (45k$)

Once Seed round is locked, Private and Public rounds will be performed on Coinstore launchpad:

ᄂPrivate round : 1.8 MM NBM - @1.500 USD = 2.7 MM USD
ᄂPublic round : 1.2 MM NBM - @2.000 USD = 2.4 MM USD


Full investor deck: https://linktr.ee/nbm_nftbattleminers

Team or Management

Risks

- Market conditions - they are important for our revenue currently, red times are reducing it, but green times are boosting it exponentially.
With targeting conventional gamers we are mitigating this risk of being purely blockchain based game.

Incubation/Acceleration programs accomplishment

No Incubation/Acceleration programs so far.

Won the competition and other awards

Top performer for Summer 2022 award by SourceForge

Product Video

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Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
Competitors
Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Team or Management
Mentors & Advisors
Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Product Video
Presentation