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Shambala, known as BALA in the crypto market, is a legendary coin representing an inner universe. According to the long-standing myth, the earth is hollow, containing a reverse world centered around an underground sun. In this captivating society, various NFTs define people’s identities, social relationships, land and property ownership, commodity consumption, recreational activities, and games.
Shambala operates on its economic system, utilizing the BALA tokens as a universal currency. The infrastructure, including BalaSwap and Market, facilitates the connection and operation of all NFT social elements, giving rise to a diverse and organic society. As a platform token built on the BEP-20 standard, BALA plays a crucial role in supporting the entire Shambala ecosystem.
Besides BALA, Shambala features CHIP, the universal token for GameFi transactions within the ecosystem. CHIP can be obtained through various means, such as purchasing it with BNB on exchanges like BalaSwap and PancakeSwap or earning it as a reward within the game. It is used for in-game transactions, including tool purchases and labor income. CHIP holders have the option to withdraw their tokens from their game accounts and exchange them for other cryptocurrencies like USDT and BNB on exchanges such as BalaSwap and PancakeSwap.
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