According to reports from dAppRadar (BGA), Play-to-Earn games generated $2.5 billion in capital during the first quarter of 2022. It is predicted to be $10 billion by the end. Numerous companies and developers are now developing their own games based on blockchain due to the exponential rise in blockchain gaming investments.
However, the great majority of Blockchain games that are currently available or being developed are either limited auto-play simulations or do not have any real playability. It’s not unusual that players and even token holders might disappear after a few months following a game’s launch. This renders the investment ineffective and the game ineffective. This can be a problem to the long-term success of Blockchain-based games. While integrating blockchain-related functions is crucial, long-term acceptance is only possible when game designers and developers focus more on developing an amazing game rather than integrating blockchain functionalities.
Raven Quest, a GameFi project, focuses on creating a blockchain-based MMORPG. It’s designed at long-term adoption by gaming communities. Incentivizing its members through the game’s Play to Earn system.
What exactly is Raven Quest?
Raven Quest, a play-to earn MMORPG that is based on the polygon blockchain, enables players to claim land , and build their homes and farms. It is the first game on blockchain that is free to play, and it has a significantly higher playability than other well-known blockchain games, which require players to purchase an NFT or some other cryptocurrency to play or gain access to the game.
Raven Quest enables players to gather resources in the form of NFTs that can later be combined to create powerful weapons. They can also be traded through NFT marketplaces. Ravencards are also used by players to create NFT gaming characters.
Raven Quest’s flexibility allows players to play as they like in a genuinely immersive and constantly evolving world full of stories, puzzles, player choices, and a strong economic system that’s driven by the player and powered by self-balancing algorithms.
Raven Quest’s Tokenomics
A GameFi project’s tokenomics is crucial for its long-term viability. This is especially true when it’s an MMORPG. Raven Quest uses a single tokenomics system, as well as an economy that is community-driven, and makes use of its self-balancing technology that are known as the Tradepack system.
Raven Quest incentivizes its players by offering Sunbreak Tokens ($SBT) cryptocurrency tokens. The currency in game is gold coins which can be traded with Sunbreak Tokens ($SBT) on their marketplace.
RavenQuest provides you with the opportunity to earn $SBT daily. This is determined by the activities you participate in in the open world, and how much in passive revenue you can earn.
There isn’t a set exchange rate between Gold and $SBT due to the fact that RavenQuest is conscious of the rate of inflation. Instead, $SBT is a daily determined prize fund which will be distributed to all players who have participated in the game and won gold.
You can also exchange the $SBT in real money, or utilize it to boost Gold earning potential by purchasing Estates, Mounts, Ships & Wagons, Workers, Ravencards and other in-game items.
The Takeaway: Raven Quest Release Date
Raven Quest will release in the third or fourth quarter of 2022. It has been in development for the last five years, and is already playing with an extensive online community.
For more information, click RavenQuest