Fears of an India crypto ban have passed, but income taxes are now high – what is the best crypto or NFT project to buy right now in 2022?
To beat India’s controversial 1% tax deducted at source (TDS) proposal – set to be levied every time an Indian citizen buys crypto or sells it – a long term buy and hold approach with a crypto presale could be the best investment strategy.
India Crypto Projects – Battle Infinity
Battle Infinity is open to international investors, however interestingly it has an all-Indian core development team – reminiscent of Polygon (MATIC) being founded by Sandeep Nailwal, Anurag Arjun and Jaynti Kanani and today having its headquarters in Bengaluru, Karnataka.
Led by Suresh Joshi, the Battle Infinity team have a wealth of experience in the cryptocurrency, NFT and metaverse gaming industries. Find links to their LinkedIn profiles on the Battle Infinity website.
Battle Infinity is one of the newest and most promising crypto presales of 2022 – running now for 90 days until October 10th. It takes the form of a metaverse game – the first decentralized fantasy sports themed game with multiple P2E (play to earn) battle games, integrated with their metaverse world the IBAT Battle Arena.
Could Battle Infinity be the next Polygon? Today MATIC is the #18 highest market capitalization cryptocurrency on CoinMarketCap’s rankings – with a market cap of $4.6 billion and a total supply of 10 billion tokens. Similarly IBAT token will also have a 10 billion max supply.
MATIC opened trading on crypto exchange Binance in April 2019 at $0.0026 per token. Its all time high in December 2021 was $2.92 – an over 100,000 percent increase (1124x).
Few investors sell the top, but MATIC is still up over 220x, currently trading at just under 60 cents – that kind of bull run return on investment (ROI) can easily overcome the new 1% India crypto tax. The easiest way to make that kind of profit potential is to invest early – e.g. in a new crypto presale.
Axie Infinity’s native token AXS had a similar bull run – even larger in fact, a 1,660x bull run – and like Axie Infinity, Battle Infinity is also a play to earn NFT based game where players around the world earn IBAT token.
The Battle Infinity IBAT token presale is running now for 90 days with a hard cap of 16500 BNB. The minimum purchase is just 0.1 BNB (around $22 at the current Binance Coin price) and the maximum purchase 500 BNB. To buy IBAT connect a MetaMask wallet or Trust Wallet loaded with BNB.
The presale price of IBAT is approximately $0.0015, based on the calculation 1 BNB = 166,666.66 IBAT tokens.
Presales tend to do well even in crypto bear markets – few retail investors take the time to research the best crypto presales to invest in, but those that do usually see high returns on their investment. Indian-led crypto projects also have a track record of success.
Battle Infinity – Best Crypto Presale 2022
Fantasy Sports Metaverse Gaming
Play to Earn Utility – IBAT Token
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Presale Until October – 16500 BNB Hard Cap
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Suresh Joshi Project Lead – battleinfinity.io
Cryptoassets are a highly volatile unregulated investment product. Your capital is at risk.