According to recent reports by dAppRadar (BGA) Play-to-Earn gaming generated $2.5 billion in capital during the first quarter of 2022. It is expected to hit $10 billion by the time it reaches. The exponential growth in Blockchain gaming investments has attracted numerous companies and developers to build their own games based on blockchain.
A majority of Blockchain games that are available or under development are not playable at all or are merely simulators. Their token holders players, investors, gaming community, and investors could disappear within months of the game’s launch, making the project unprofitable and their investments useless. This is a major issue in the long run for Blockchain games. While it is vital to integrate blockchain technology the long-term use of blockchain-based games will only be made if developers and game companies focus more on creating excellent games, rather than integrating Blockchain functionalities.
Raven Quest is a GameFi initiative that focuses on the development of an Ethereum-based MMORPG. It will ensure an ongoing blockchain-based adoption in the gaming community. The incentive model Play-to Earn will also be utilized to attract players to Raven Quest.
What exactly is Raven Quest?
Raven Quest is an open-world game that lets players participate and earn. It uses the polygon blockchain technology and provides an environment for gaming that is decentralized in where players can stake out the land they want and construct their own farms and homes. It is the only blockchain game that is totally free to play, and has substantially greater playability as compared to other well-known blockchain games, which require players to buy an NFT or some other cryptocurrency for access or entry into the game.
Raven Quest allows players to gather NFTs that can be used to build powerful weapons, or sold on NFT marketplaces. Ravencards are also used by players to create NFT gaming characters.
Raven Quest’s open nature permits players to play as they wish in a interactive, constantly changing environment filled with adventures and puzzles. It also comes with an efficient player-driven economy powered by self-balancing algorithms.
Raven Quest’s Tokenomics
Each GameFi project’s tokenomics are essential to its long-term success in particular if it’s an MMO. Raven Quest has a single tokenomics system and a community-driven economy which uses the latest self-balancing algorithms , known as the Tradepack system.
$SBT Token:
Raven Quest incentivizes its players using Sunbreak Tokens ($SBT) cryptocurrency tokens. In-game currency is gold coins that can be exchanged with Sunbreak Tokens ($SBT) on their marketplace.
The amount of $SBT you earn daily in RavenQuest is determined by the activities you and the community engage in the open world as well as the amount of passive income you are able to earn in that time.
RavenQuest knows that inflation will continue to increase, so there isn’t any fixed exchange rate for Gold/$SBT. The game offers a predetermined daily prize fund of $SBT which is divided among all players that have completed their tasks and earned Gold during game play time.
The $SBT can be used to convert real-world currencies or used to increase Gold earnings through the acquisition of Estates, Mounts, Ships & Wagons, Workers, Ravencards and so on.
The Takeaway The Takeaway Raven Quest Release Date
Raven Quest will be available in the third and fourth quarters of 2022. Raven Quest has been under development for 5 years and is well-known in the online community.
For more information, click RavenQuest