According to the latest reports from dAppRadar, the Blockchain Game Alliance and (BGA), the Play-to Earn (P2E), games earned $2.5 trillion in capital in the first quarter of this year. The number is projected to increase to $10 billion by year’s end, according to dAppRadar. The explosive growth of the use of blockchain in gaming has led many developers and companies to create their own game based on blockchain.
The vast majority of Blockchain games that are available or under development are small or have no real playability. Thus, it’s not a surprise that the gaming communities, token owners and investors can disappear within months of launch, rendering the game dead and the investments worthless. This can be a problem to the long-term success of Blockchain games. Although it is important to integrate blockchain capabilities developers and game developers should concentrate on making amazing games rather than the integration of blockchain capabilities.
Raven Quest, a GameFi project, focuses on creating a blockchain-based MMORPG. It is aimed at long-term adoption by gaming communities. Incentivizing its members through the playing to Earn model.
What exactly is Raven Quest and how can you assist?
Raven Quest is a play-to-earn game based using the polygon blockchain that provides a decentralized open-world gaming environment where users may claim a piece of land and establish their own home and farm. It’s the first completely free blockchain-based game. To be able to play the game, players must purchase NFTs , or other cryptos.
Raven Quest allows players the ability to accumulate NFTs which can be combined to create powerful weapons. These weapons can be trade on NFT markets. Ravencards may also be collected by users to create NFT-gaming characters.
Raven Quest’s flexibility allows players to do whatever they wish in an incredibly immersive and ever-changing environment that is full of adventures, puzzles and player choices, as well as a economic system that’s driven by the player and powered by self-balancing algorithms.
Raven Quest’s Tokenomics
Each GameFi project’s tokenomics play a crucial role for its long-term success in particular if it’s an MMORPG. Raven Quest uses a single tokenomics system as well as an economy that is community-driven, and utilizes its innovative self-balancing algorithms called the Tradepack system.
Raven Quest incentivizes its players using Sunbreak Tokens ($SBT) cryptocurrency tokens. The in-game currency is gold coins which can be exchanged for Sunbreak Tokens ($SBT) on their marketplace.
The quantity of $SBT you can earn each day in RavenQuest is determined by the activities you and your community participate in with the world at large as well as the amount of passive income you will earn in that time.
RavenQuest is well aware of inflation and therefore there isn’t a fixed exchange rate between Gold and $SBT. Instead $SBT is a fixed prize fund that is given to players who have played the game and won gold.
You can also trade USD for cash in the real world, or utilize it to boost Gold earning potential by purchasing Estates, Mounts, Ships & Wagons, Workers, Ravencards and other game-related objects.
The Takeaway: Raven Quest Release Date
Raven Quest will be available in the third and fourth quarters of 2022. The game is currently in its fifth year of development and has a significant online presence.
For more information, click RavenQuest