According to the latest reports from dAppRadar and dAppRadar, the Blockchain Game Alliance and (BGA) Play-to Earn (P2E) games generated an estimated $2.5 trillion in capital during the first quarter of this year. This number is anticipated to grow to $10 billion by the end of the year as per dAppRadar. The rapid growth of investments in blockchain gaming has enticed several developers and corporations to create their own blockchain-based games.
The vast majority of Blockchain games that are available or in development are either inadequate or do not have any real value. Thus, it’s not a surprise that their gaming communities, token holders and investors could vanish within months of the game start date, making the project in a state of dissolution and the investment worthless. This can be a problem for long-term adoption of Blockchain-based games. Although it is important to integrate blockchain functionality, 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 is focused on developing blockchain-based MMORPG with the intention of ensuring long-term blockchain adoption by the gaming communities while motivating its players using the play-to-earn model.
What exactly is Raven Quest?
Raven Quest is a play-to-earn MMO game built on the polygon blockchain that offers a decentralized, open-world gaming experience in which players are able to be able to claim property and construct their own farm and home. It is the first blockchain game that is completely free to play, and is significantly more playable than other well-known blockchain games that require players to buy NFT or other currency to enter or access the game.
Raven Quest allows players to gather NFTs which can be utilized to build powerful weapons, or traded on NFT marketplaces. Ravencards can also be collected by players to make NFT-gaming characters.
Raven Quest’s flexibility allows players to act whatever they want in an incredibly immersive and dynamic evolving environment full of games, stories, puzzles, player choices, and a strong player-driven economy powered by self-balancing algorithms.
Raven Quest’s Tokenomics
The tokenomics of any GameFi project is an integral factor for its long-term success, especially if it’s an MMORPG. Raven Quest uses a single tokenomics system as well as a community-driven economy, which makes use of its self-balancing technology called the Tradepack system.
$SBT Token:
Raven Quest incentivizes its players by offering Sunbreak Tokens ($SBT) cryptocurrency tokens. Sunbreak Tokens ($SBT) is the game’s in-game currency, can be traded in gold coins via their marketplace.
The limit for each day’s $SBT is determined by the amount of activities your community and you participate in, and the amount of passive income they can generate.
There isn’t an established exchange rate between Gold and $SBT as RavenQuest is aware of the ongoing inflation. Instead, the game provides an everyday prize fund of $SBT that is distributed across all players who completed tasks or made Gold during game play.
$SBT may also be converted into real-world cash or used to increase Gold earnings by acquiring or upgrading Estates, Mounts, Ships & Wagons, Workers, Ravencards or other game objects.
The Takeaway: Raven Quest Release Date
Raven Quest will be released in the third quarter or the fourth quarter in 2022. The game is currently in the fifth year of development and has a large online community.
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