Play-to-Earn (P2E) games earned around $2.5 billion in capital market in the first quarter of 2022. it is anticipated to hit $10 billion by the end of the year according to the latest reports from dAppRadar and the Blockchain Game Alliance (BGA). The explosive growth of the use of blockchain in gaming has led numerous developers and businesses to create their own game based on blockchain.
However, the great majority of Blockchain games that are currently out or in development are either limited auto-play simulations or are not playable in any meaningful way. Their token holders, investors, gaming communities and investors may vanish within months of the game’s launch, rendering the game ineffective and their investment useless. This could be a challenge to the long-term success of games using blockchain. Although it is important to integrate blockchain capabilities developers and game developers must be more focused on creating excellent games, rather than the integration of blockchain capabilities.
Raven Quest is an innovative GameFi project that is focused on developing blockchain-based MMORPG to encourage long-term blockchain adoption by the gaming community while encouraging its players to play by the Play-to-Earn system.
What is Raven Quest?
Raven Quest is a play-to-earn MMORPG built on the polygon blockchain. It gives players a non-decentralized open-world gaming environment where users may own a piece of property and construct their own home and farm. It’s the first completely free blockchain game. To play or access the game, players need to purchase NFTs or another cryptocurrency.
Raven Quest allows players to collect NFTs which can be used for powerful weapons or traded on NFT marketplaces. Additionally, users may collect Ravencards to create customized NFT gaming characters.
Raven Quest’s openness allows players to be as active as they like in an incredibly immersive and constantly evolving world full of games, stories, puzzles, player choices, as well as a player-driven economy powered by self-balancing algorithms.
Raven Quest’s Tokenomics
The tokenomics of any GameFi project is an essential aspect of its long-term success particularly if it’s an MMO. Raven Quest is a single tokenomics game with a community-driven economy. The Tradepack system, an innovative self-balancing method, makes use of Raven Quest’s unique tokenomics.
$SBT Token:
Raven Quest incentivizes its players using Sunbreak Tokens ($SBT) cryptocurrency tokens. The in-game currency is gold coins that can be exchanged in exchange for Sunbreak Tokens ($SBT) on their marketplace.
The limit for each day’s $SBT is determined by the amount of events you and your group engage in and how much passive income they could earn.
RavenQuest knows that inflation is a constant issue, therefore there isn’t a fixed exchange rate between the two currencies of Gold and $SBT. Instead, $SBT is a daily determined prize fund which is given to players who have played the game and earned gold.
It can also be traded for cash in real life or utilized to increase Gold earnings potential by buying or upgrading Estates, Mounts, Ships & Wagons, Workers, Ravencards, or other in-game objects.
The Takeaway: Raven Quest Release Date
Raven Quest will be released in the third quarter or the fourth quarter in 2022. The game has been developed over the last five years, and has already gathered a vast online community.
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