According to recent reports by dAppRadar (BGA), Play-to-Earn games raked in $2.5 billion in capital revenue in the first quarter 2022. The forecast is to reach $10 billion by the end of the year. The rapid growth of the investment in blockchain-based gaming has enticed numerous developers and businesses to create their own blockchain-based games.
The vast majority of Blockchain games currently on the market or in development are either insubstantial or lacking meaningful playability. It is not shocking that the investors, gaming communities and token holders can disappear in the months following the game’s release. This renders an investment unprofitable and the idea useless. This is a major issue for long-term adoption of Blockchain games. While it is essential to integrate blockchain functionality developers and game developers must focus more on creating excellent games, rather than adding blockchain-related functions.
Raven Quest is a GameFi initiative that focuses on building an online blockchain-based MMORPG. This will enable long-term adoption of blockchain technology in the gaming industry. The Play-to-Earn incentive model is also being used to encourage Raven Quest’s players.
What exactly is Raven Quest?
Raven Quest is an open-world game that lets players play and earn. It uses the polygon blockchain and provides an open, decentralized gaming experience in where players can stake out property and design their own homes and farms. It is the first blockchain-based game that is totally free to play, and has substantially greater playability than other well-known blockchain games, which require players to buy NFT or another cryptocurrency to play or gain access to the game.
Raven Quest enables players to accumulate resources as NFTs, which can then be combined to create powerful weapons and traded through NFT marketplaces. Ravencards can also be gathered by players to make NFT-gaming characters.
Raven Quest’s openness allows players to do whatever they like in an engaging and exciting environment. The game includes tales, puzzles, and players’ choices. A strong economy that is driven by the player is powered by self-balancing algorithms.
Raven Quest’s Tokenomics
The GameFi project’s tokenomics is essential to its long-term success. This is particularly true when it’s an MMORPG. Raven Quest uses a single tokenomics system, as well as an economy that is community-driven, and utilizes its innovative self-balancing algorithms that are known as the Tradepack system.
$SBT Token:
Raven Quest rewards its players with Sunbreak Tokens ($SBT), crypto tokens. Sunbreak Tokens ($SBT), which are gold coins that can be traded on the market to buy in-game currency.
The daily limit of $SBT for RavenQuest is determined by the amount of events you and your group participate in, and the amount of the passive income that they generate.
There is no set exchange rate between Gold and $SBT since RavenQuest is aware of the ongoing inflation. The game awards the players a daily, predetermined prize of $SBT which is split among players who have completed their tasks and earned gold during game play time.
You can also trade USD for cash in the real world, or utilize it to boost Gold earnings potential by acquiring Estates, Mounts, Ships & Wagons, Workers, Ravencards and other game-related objects.
The Takeaway: Raven Quest Release Date
Raven Quest will be available in the third and fourth quarters of 2022. Raven Quest has been in development for 5 years and is well-known in the online community.
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