October 20, 2022 – Sydney, Australia
Digital Arms, the world’s first NFT armory, released its native crypto asset at 12 p.m. UTC on October 14, 2022, and sold out its first NFT collection in 30 minutes.
Coinciding with the Hunter Token (HNTR) launch, the Digital Arms marketplace went live on the same day with the sale of its ‘DogTags’ collection, selling out in under 30 minutes.
Two years in the making, HNTR will facilitate various functions on the platform, including buying and selling non-fungible tokens licensed by real-world firearm manufacturers. The interoperability and functionality of Digital Arms’ NFTs will appeal to gamers and Web 3.0 builders.
The project has already partnered with popular metaverse shooter games, including Born to Die, Farcana and Ignite. Meanwhile, the NFTs’ scarcity will fuel demand from collectors and firearm enthusiasts.
Additional uses driving HNTR’s value include the following.
- Utility as a medium of exchange for accessories to customize NFT firearms such as sights, magazines and color skins
- Staking to generate passive income
- Paying for listing fees and revisions on the Digital Arms marketplace
- Brands paying for advertising services with Digital Arms
Various exchanges and launchpads will help facilitate the token launch. Those seeking investment opportunities with the HNTR token can do so via Bitmart and Coinstore, as well as decentralized exchanges like PancakeSwap.
HNTR and the Digital Arms NFT marketplace are deployed on the Binance Smart Chain, and the token follows the BEP20 standard. The network is a popular choice for Web 3.0 gaming projects as users benefit from consistently low transaction fees and fast settlement times for both fungible and non-fungible tokens.
BSC is also Ethereum Virtual Machine compatible, simplifying potential future interoperability with other blockchains.
The Digital Arms’ whitepaper details HNTR’s tokenomics. The asset has a one billion maximum supply, and the document states that 30 million HNTR will be available for staking rewards and a further 110 million for future tournament prizes.
Accompanying the HNTR token going live will be the Digital Arms marketplace launch. The platform’s first NFT sale will be DogTags, which buyers must purchase using the HNTR token.
Among other still-to-be-revealed benefits, holders of this special first drop can look forward to the following perks.
- Up to a 50% HNTR staking APY bonus
- Pre-sale access to licensed NFT firearm and soldier avatar drops
- Access to private areas in the Digital Arms’ Discord to chat with founders and the team
- Random free NFTs, distributed via airdrops
- Exclusive access to Digital Arms events
About Digital Arms
Digital Arms is an NFT creator and marketplace leveraging blockchain technology’s interoperability to bring real firearms and greater authenticity to Web 3.0 gaming.
As an NFT creator, Digital Arms builds scarce blockchain-based in-game items for first-person shooters, hunting and sports shooting titles.
The platform is already partnered with some of the biggest names in the weapon manufacturing industry, including Blackwater, Primary Arms, Head Down Firearms and Barrett Firearms.
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Ben Clarke, Digital Arms
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