What is BPET? GameFi Token in the xPet.Tech Ecosystem

As a blockchain-based social gaming platform that combines GameFi and SocialFi, xPet.Tech has two native tokens, namely XPET and BPET. BPET is not just a token for transactions, but an important element in maintaining the stability and functionality of the xPet.Tech platform. In this article, we will discuss in more detail what BPET is, how it works, and what its uses are. Let's take a look! 

What is BPET

BPET is a special token in the xPet.Tech ecosystem, which is an innovative platform that combines virtual pet ownership with blockchain technology . With this platform, users can adopt and care for virtual pets, just like in the real world. The platform integrates with Twitter to add a social and exploratory element, allowing users to discover hidden prizes. 

To get BPET tokens, users must carry out virtual farming activities, staking , borrowing with collateral, and converting assets from XPET to BPET. 

How it Works and Features

To use the xPet.Tech platform, users need to connect their Twitter account to create a digital wallet. Then users will get a small amount of ETH , which can be used to borrow XPET or BPET tokens on the platform. Meanwhile, to manage XPET tokens and earn BPET, users must add liquidity to the platform. 

BPET tokens can be used to upgrade virtual pets' abilities, which can increase user earnings. Additionally, to get new items, users can comment on Twitter posts with the keyword "xPet". To earn additional income, users can also access the xPet.Tech platform every day.

Tokenomics and Uses of Tokens

BPET is the native token in the xPet.Tech ecosystem, used for transactions and activities on the platform. These tokens play an important role in earning, staking, borrowing and converting assets. 

The total maximum token supply is 37,273,429 BPET , and to date the number of tokens circulating on the market is recorded at 8,049,427 BPET.

Market Performance

Based on Coinmarketcap data, the BPET token is ranked 2385th globally with a market cap of IDR 71.8 billion and daily trading volume of IDR 27.6 billion. On January 2 2023, the price of 1 XET to IDR is IDR 8,883. 

Roadmap

The next three-month development plan for the xPet.tech platform includes the launch of the Adventure PvE feature in the first week (21-28 Dec 2023), followed by internal testing of the PvP Beta version in the second and third weeks (29 Dec 2023 - 11 Jan 2024).

The first public version of PvP will launch in week four (12-18 Jan 2024), with completion and improvements based on user feedback in weeks five and six (19 Jan - 1 Feb 2024). Multichain support will begin in weeks seven to nine (2-22 Feb 2024), and additional Social Finance features will be introduced in weeks ten to twelfth (23 Feb - 14 Mar 2024).

Conclusion

xPet.Tech is revolutionizing our interactions with the digital world through the concept of virtual pets integrated with blockchain. In its development, xPet.Tech focused on improving security, community engagement, and providing a more interactive and fun experience for its users.

How to Buy BPET Tokens on Bittime

After reading a complete review of what xPET Tech BPET (BPET) is, are you interested in buying and investing in this crypto project? You can buy BPET tokens on the best crypto trading platforms in Indonesia, one of which is Bittime. BPET is available on Bittime in the BPET IDR pairing . 

To be able to buy BPET tokens on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance to buy BPET/IDR tokens. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can make BPET purchases in the application. See a more complete guide on how to buy BPET on Bittime.

Monitor price chart movements for BPET, Bitcoin, Ethereum, Solana and other cryptos to find out today's crypto market trends in real-time on Bittime.

Also Read

DISCLAIMER: This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.