The year 2021 has been recognized as the year of NFTs because of the emerging popularity of NFTs and blockchain games. It all started to be recognized with the concept of collecting digital cats on 2017 during the launch of CryptoKitties on December 2017 that even congested the Ethereum network.
Currently, NFT and Blockchain game has become even more popular than some years ago and with the help of Binance Smartchain, hundreds, if not thousands, of new NFT games has been launched already in 2021.
But do you know that there is already an NFT game on 2018, has been very silent for 3 years and making a comeback this year? No, this not Axie Infinity. But this is also a Play-To-Earn NFT game trying to compete with the new DeFi games - and it's called ITAM Network.
What Is ITAM Network?
To make it short and clearer, ITAM Network is a Blockchain gaming platform that was launched on the EOS network since 2018.
And according to their Trust Wallet description:
ITAM operates a platform (NFT.Farm) that values digital assets and freely trades such assets using ITAM NFT.
To put it short, this is where you can trade your ITAM NFT - which you can earn by playing the game.
But what are the games of ITAM?
The ITAM Network currently have lots of games in their platform like Dungeon Princess and Crypto Fishing, just to name a few. But these games were a year old already, and since Binance Smart Chain is popular, they will be launching a new game in BSC network called Lime Odyssey.
Lime Odyssey will be the newest game of ITAM Network that will be launched later this month or the month of August. It will be a play-to-earn NFT game, meaning you can earn ITAM NFTs by playing the game and you can trade it in ITAM's NFT.Farm platform.
ITAM Network has been around for 3 years now but it wasn't as popular as ever (even now, it's not that popular yet). It was launched on EOS network but didn't get so much attention from the crowd, and also because the Play-To-Earn concept was not that a bell ringing for people at that time for the project.
But this year, this time can be very different for ITAM NETWORK. The platform considered bridging their project to the BSC ecosystem because of the popularity of Binance Smartchain and might be a reason for their upcoming developments to be even more recognize.
The ITAM game token ITAM and Price Prediction.
The ITAM Network has a the native token called ITAM. The token is used for different purposes such as governance voting and for buying and selling NFTs in the game.
The ITAM token has a total supply of 650,000,000 but only has 360,791,544 circulating in the BSC network and currently have $6,970,503 market cap as I'm making this article.
Now, I will be very honest with my price prediction and will not sugarcoat anyone that reads this.
The all-time high price of ITAM was at $0.12 with an all-time high market cap of around $40 million on April 2021 - just 3 months had passed.
Currently, at the moment I'm making this article, ITAM's price is at $0.02 with a market cap of just nearly $7 Million - undervalued? Personally, yes!
The ITAM Network has lots of plan for their project and one of that is the concept of Play-To-Earn in their new game called Lime Odyssey. This game alone will give a good impact for the project to gain gamers and investors. When that happened, it will possibly reach it's all time high market cap of $40 Million and if the Play-To-Earn concept will be a success, then $100 million Market Cap will be easily achieved.
So what's the price if it reaches the $100 million market cap?
Let's do the math;
Price = Market Cap ÷ Circulating Supply,
Price = $100,000,000 ÷ 360,791,544,
Price = $0.277 ✓ projected price if ITAM reach $100,000,000 market cap.
Not too much you think?
But think of it thoroughly, that's more than 10x from the current price of $0.019.
And how much more if the comeback of ITAM Network will be a huge success? Gaining lots and lots of attention from investors and Blockchain gamers?
$300 Million? $500 million Market Cap? Who knows? NFTs and Blockchain games are very hot and ITAM Network doesn't want miss this opportunity.
Personally, I envisioned $1.00 per token before this year ends. Might be too much, you think? But that's possible.
Disclaimer: Everything here is only my personal view and opinion. I don't give financial advice to everyone not telling anyone to buy the token I'm referring in my article. Please do your own research.
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https://read.cash/@Kryptlook/my-defi-pet-a-new-blockchain-game-in-binance-smartchain-5ff342fa
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Do you know this feels like ITEM platform raise up with new energy as like Polygon after remain from matic