According to reports from dAppRadar (BGA) Play-to-Earn games raked in $2.5 billion in capital during the first quarter of 2022. It is projected to hit $10 billion by the end of the year. This exponential increase in the investment in blockchain-based gaming has attracted many developers and companies to build their own blockchain-based games.
However, the great majority of Blockchain games currently out or in development are either insubstantial auto-play simulators or are not playable in any meaningful way. It is not shocking that the investors, token holders and gaming communities could disappear within months of the game’s release. This will render the investment worthless and the project ineffective. This could be a challenge for the long-term adoption of blockchain-based games. While it is crucial to integrate blockchain capabilities but long-term acceptance of blockchain games can only be achieved when designers and game companies are more focused on developing amazing games rather than using Blockchain functions.
Raven Quest is an innovative GameFi project that focuses on creating a blockchain-based MMORPG with the intention of ensuring long-term blockchain adoption by the gaming community while incentivizing its players through the model of Play-to-Earn.
What exactly is Raven Quest?
Raven Quest is a play-to-earn game based using the polygon blockchain that creates a decentralized open world game environment in which players can be able to claim land and establish their own farm and home. It is the first game on blockchain that is totally free to play and is significantly more playable than the other popular blockchain games, which require players to purchase NFT or another cryptocurrency to play or gain access to the game.
Raven Quest allows players the possibility of collecting NFTs which can be used to build powerful weapons, and then trade on NFT markets. Ravencards can also be taken by players to create NFT gaming characters.
Raven Quest’s open-ended nature allows players to do what they wish in a interactive, constantly changing environment that is packed with tales and puzzles. It also comes with an economy that is based on the player, which is powered by self-balancing algorithms.
Raven Quest’s Tokenomics
A GameFi project’s tokenomics is crucial for its long-term success. This is especially the case if it’s a MMORPG. Raven Quest is a single tokenomics game with a community-driven economy. The Tradepack system, which is an ingenuous self-balancing method, makes use of Raven Quest’s unique tokenomics.
Raven Quest rewards its players with Sunbreak Tokens ($SBT), crypto tokens. Sunbreak Tokens ($SBT) are gold coins, can be traded on the market for in-game currency.
The limit for each day’s $SBT is determined by how many activities you and your community take part in, as well as the amount of passive income they could earn.
RavenQuest knows that inflation is a constant issue, therefore there is no fixed exchange rate between the two currencies of Gold and $SBT. The game gives the daily prize of $SBT which is divided among all players who have completed their tasks or earned Gold in game play.
$SBT is a great way to trade for real-world currency or used to boost Gold earnings by acquiring Estates, Mounts, Ships & Wagons, Workers, Ravencards, etc.
The Takeaway: Raven Quest Release Date
Raven Quest will be available in the third and fourth quarters of 2022. The game is currently in the fifth year of development and has a large online community.
For more information, click RavenQuest