According to the latest reports from dAppRadar and dAppRadar, the Blockchain Game Alliance and (BGA) Play-to Earn (P2E) games earned $2.5 trillion of capital over the first quarter. The number is projected be higher to reach $10 billion by the end of the year, according to dAppRadar. The explosive growth of the investment in blockchain-based gaming has enticed many developers and companies to develop their own game based on blockchain.
The vast majority of Blockchain games currently on the market or in development are inadequate or do not have any real value. Their token holders players, investors, gaming community, and investors could disappear within months of the game’s launch, rendering the game not profitable and their investments ineffective. This could be a challenge in the long-term sustainability of games that use blockchain technology. While it is vital to integrate blockchain capabilities for long-term success, the adoption of blockchain-based games can only be accomplished if game developers and game companies are more focused on developing excellent games, rather than integrating Blockchain functionalities.
Raven Quest, a GameFi project, is focused on developing the first blockchain-based MMORPG. It’s aimed towards long-term acceptance by gaming communities. Incentivizing its players using the playing to Earn model.
What exactly is Raven Quest?
Raven Quest, a play-to earn MMORPG on the polygon blockchain, enables players to build their own homes and farms. It’s the only game that is free to play and offers a much higher playing experience than other blockchain games that require players to buy NFT or other cryptocurrency in order to access the game.
Raven Quest allows players the capability to accumulate NFTs which can be combined to create powerful weapons. These weapons can be trade on NFT markets. Ravencards can also be collected by players to make NFT-gaming characters.
Raven Quest’s openness allows players to play as they want in an immersive and dynamic environment. The game includes stories, puzzles and player choice. A robust player-driven economy is powered by self-balancing algorithms.
Raven Quest’s Tokenomics
The GameFi project’s tokenomics are crucial to its longevity. This is particularly true in the case of MMORPGs. Raven Quest has a single tokenomics system and a community-driven economy that uses its innovative self-balancing system called the Tradepack system.
$SBT Token:
Raven Quest offers incentives to its players via Sunbreak Tokens ($SBT) cryptocurrency tokens. Sunbreak Tokens ($SBT) the in-game currency, is able to be exchanged in gold coins via their marketplace.
The amount of money you could earn every day in RavenQuest is determined by the actions you and your community participate in outside of the game and how much passive income you will earn in that time.
RavenQuest is well aware of inflation , and hence there is no fixed exchange rate for Gold as well as $SBT. Instead, the game gives an annual prize pool in the amount of $SBT. It is then divided across all players who completed activities or created Gold during the game.
It can also be traded for cash in real life or used to increase Gold earnings by acquiring or upgrading Estates, Mounts, Ships & Wagons, Workers, Ravencards and other game items.
The Takeaway: Raven Quest Release Date
Raven Quest will release in the third or fourth quarter of 2022. The game has been developing over the last five years, and is already playing with an extensive online community.
For more information, click RavenQuest