Play-to-Earn (P2E) games generated around $2.5 billion in capital in the first quarter of 2022. it is anticipated to hit $10 billion by the close of the year, according to the latest reports from dAppRadar and the Blockchain Game Alliance (BGA). This rapid increase in the investment in blockchain-based gaming has attracted numerous companies and developers to develop their own blockchain-based games.
The vast majority of Blockchain games currently available or in development are not playable in a meaningful way or are only a sloppy simulation. The token holders, investors, gaming communities and investors may disappear within a few months after the game’s debut, making the game not profitable and their investments ineffective. This can cause problems to the long-term success of blockchain-based games. Although it is vital to integrate blockchain functionalities, developers and game companies must be more focused on creating fantastic games instead of using blockchain functions.
Raven Quest is an innovative GameFi project that focuses on developing blockchain-based MMORPG to encourage long-term blockchain adoption by the gaming community while rewarding its players with the Play-to-Earn system.
What is Raven Quest and how can you be of assistance?
Raven Quest is an open-world MMO that allows players to participate and earn. It uses the polygon blockchain and provides an environment for gaming that is decentralized in where players can stake out the land they want and construct their own homes and farms. It is the first game on blockchain that is completely free to play and offers a higher level of playability over other blockchain games, which require players to purchase an NFT or other currency for access or entry into the game.
Raven Quest allows players the ability to accumulate NFTs that can be combined into powerful weapons. Then, they can be trade through NFT markets. Ravencards are also collected by players to make NFT gaming characters.
Raven Quest’s open nature permits players to do what they want in an immersive active, ever-changing, and constantly evolving world which is filled with storylines and puzzles. The game also has a robust player-driven economy, driven by self-balancing algorithms.
Raven Quest’s Tokenomics
A GameFi project’s tokenomics is crucial for its long-term viability. This is particularly the case in the case of MMORPGs. Raven Quest uses a single tokenomics system as well as a community-driven economy, which utilizes its innovative self-balancing algorithms that are known as the Tradepack system.
$SBT Token:
Raven Quest incentivizes its players using Sunbreak Tokens ($SBT) cryptocurrency tokens. Sunbreak Tokens ($SBT), which are gold coins, can be traded on the market to buy in-game currency.
The amount of $SBT you earn daily in RavenQuest is determined by the actions you and your fellow players engage in the open world as well as the amount of passive income you could earn over the course of time.
RavenQuest is conscious of inflation and, therefore, there is no set exchange rate between Gold as well as $SBT. The game provides an everyday prize fund in the amount of $SBT. It is then divided across all players who completed activities or created Gold in game play.
$SBT may also be traded for cash in real life or used to boost Gold earnings potential by buying or upgrading Estates, Mounts, Ships & Wagons, Workers, Ravencards or other game items.
The Takeaway – Raven Quest Release Day
Raven Quest will release in the third or fourth quarter of 2022. Raven Quest has been in development for the past five years and is a huge online community.
For more information, click RavenQuest