According to reports recently released by dAppRadar The Blockchain Game Alliance and (BGA) the Play-to Earn (P2E), games generated an estimated $2.5 trillion of capital over the first quarter of this year. The number is projected be higher to reach $10 billion by year’s end as per dAppRadar. This exponential increase in investments in blockchain gaming has enticed numerous companies and developers to develop their own games using blockchain technology.
However, the great majority of Blockchain games that are currently available or being developed are either limited auto-play simulations or have no real-world playability. Thus, it’s not a surprise that the gaming communities, token owners, and investors could vanish within months of the game launch, rendering the game dead and the investments worthless. This could be a challenge in the long-term sustainability of games using blockchain. Although it is essential to integrate blockchain capabilities for long-term success, the adoption of blockchain-based games will only be made if designers and game companies are more focused on developing amazing games rather than the integration of Blockchain capabilities.
Raven Quest is a GameFi initiative that focuses on building a blockchain-based MMORPG. It will ensure an ongoing blockchain-based adoption in the gaming community. The Play-to-Earn incentive model is also being used to draw players into Raven Quest.
What is Raven Quest?
Raven Quest is an open-world MMORPG where players can participate and earn. It makes use of the polygon blockchain and offers a decentralized gaming environment in which players can claim property and design their own homes and farms. It is the first blockchain game that is completely free to play, and has a significantly higher playability than the other popular blockchain games, which require players to buy an NFT or other cryptocurrency in order to access or play the game.
Raven Quest enables players to gather resources in the form of NFTs that can later be combined to create powerful weapons, and then traded on NFT marketplaces. Ravencards can also be gathered by users to create NFT-gaming characters.
Raven Quest’s open nature permits players to explore what they like in an engaging interactive, constantly changing environment which is filled with stories and puzzles. It also comes with a robust player-driven economy, that is powered by self-balancing algorithm.
Raven Quest’s Tokenomics
Every GameFi project’s tokenomics are essential to its success over time in particular if it’s an MMORPG. Raven Quest has a single tokenomics system and a community-driven economy that uses its innovative self-balancing algorithm known as the Tradepack system.
Raven Quest incentivizes its players using Sunbreak Tokens ($SBT) cryptocurrency tokens. Sunbreak Tokens ($SBT) is the game’s in-game currency, can be exchanged to gold coins through their marketplace.
RavenQuest provides you with $SBT every day. It is determined by what activities you take part with the public, and how much passive revenue you can generate.
RavenQuest realizes that inflation will continue to increase, so there isn’t any fixed exchange rate between the two currencies of Gold and $SBT. Instead it is a daily determined prize fund which will be distributed to all players who have played the game and earned gold.
The $SBT could be used to trade for real-world currency or to boost Gold earnings through the acquisition of Estates, Mounts, Ships & Wagons, Workers, Ravencards, etc.
The Takeaway: Raven Quest Release Date
Raven Quest will be released in the third quarter of 2022 or the fourth quarter in 2022. The game has been in development for the past five years, and is already playing with huge online communities.
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