According to recent reports by dAppRadar (BGA) Play-to-Earn games raked in $2.5 billion of capital during the first quarter of 2022. It is expected to be $10 billion by the end. The exponential growth in blockchain gaming investment has attracted many developers and companies to build their own games using blockchain technology.
The vast majority of Blockchain games that are currently in the market or under development are insubstantial or lacking meaningful playability. Therefore, it is no surprise that the gaming communities, token owners and investors could vanish within a short time after launch, leaving the project empty and the money wasted. This could be a challenge for the long-term viability of Blockchain games. While integrating blockchain-related functions is essential, long-term adoption can only be made if developers and game companies focus more on developing games that are enjoyable rather than integrating blockchain functionalities.
Raven Quest, a GameFi project, focuses on creating a blockchain-based MMORPG. It is aimed at long-term adoption by gaming communities. Incentivizing its players with 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 allows players to claim land and build their farms and homes. It is the only blockchain game that is free to play, and it offers a higher level of playability than other well-known blockchain games that require players to purchase NFT or other cryptocurrency to enter or access the game.
Raven Quest allows players to gather NFTs which can be utilized to create powerful weapons or traded on NFT marketplaces. Ravencards are also collected by users to create NFT-gaming characters.
Raven Quest’s flexibility allows players to do what they want in an engaging and exciting setting. The game includes stories, puzzles and player choices. A strong economy that is driven by the player is powered by selfbalancing algorithms.
Raven Quest’s Tokenomics
The tokenomics of any GameFi project is an integral element of its longevity in particular if it’s an MMORPG. Raven Quest uses a single tokenomics system as well as an economy that is community-driven, and employs an innovative self-balancing algorithm that are known as 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, is able to be exchanged to gold coins through their marketplace.
The limit for each day’s $SBT is determined by how many events you and your group engage in and how much passive income they can generate.
RavenQuest is well conscious of inflation and, therefore, there is no set exchange rate between Gold and $SBT. Instead $SBT is a set prize that is awarded to all players who have participated in the game and won gold.
$SBT can be used to trade for real-world currency or to boost Gold earnings by purchasing Estates, Mounts, Ships & Wagons, Workers, Ravencards, etc.
The Takeaway – Raven Quest Release Day
Raven Quest will be available in the third and fourth quarters of 2022. It has been developing over the past five years, and has already gathered a vast online community.
For more information, click P2E