According to the latest reports from dAppRadar The Blockchain Game Alliance and (BGA), the Play-to Earn (P2E), games generated an estimated $2.5 trillion in capital over the first quarter. The figure is predicted to rise to $10 billion by year’s end, according to dAppRadar. A lot of developers and companies are now building their own blockchain-based games due to the exponential rise in the number of blockchain-based gaming investments.
But, the majority of Blockchain games currently being developed or released are either small-scale auto-play games or are not playable in any meaningful way. It’s not unexpected that investors, players and even token holders may vanish within months of the time a game is launched. It will make an investment unprofitable and the idea useless. This could result in a slow adoption of blockchain-based gaming. While integrating blockchain-related functions is vital, long-term adoption is only possible by ensuring that game developers and game companies concentrate more on creating an amazing game rather than the integration of blockchain functions.
Raven Quest, a GameFi project, focuses on the creation of a blockchain-based MMORPG. It’s aimed towards long-term acceptance by gaming communities. It rewards its players through the play to Earn model.
What is Raven Quest?
Raven Quest, a play-to earn MMORPG that is based on the polygon blockchain, enables players to claim land and construct their farms and homes. It is the first free blockchain game. To be able to play the game, players have to purchase NFTs or other cryptocurrency.
Raven Quest enables players to acquire resources as NFTs that can later be used to make powerful weapons and traded through NFT marketplaces. Ravencards are also taken by players to create NFT gaming characters.
Raven Quest’s open nature enables players to be as active as they like in a truly immersive and dynamic evolving environment full of adventures, puzzles and player choices, and a vibrant player-driven economy powered with self-balancing algorithms.
Raven Quest’s Tokenomics
Every GameFi project’s tokenomics play a crucial role for its long-term success, particularly if it is an MMO. Raven Quest uses a single tokenomics system and a community-driven economy, which employs an innovative self-balancing algorithm known as the Tradepack system.
$SBT Token:
Raven Quest offers incentives to its players via Sunbreak Tokens ($SBT) cryptocurrency tokens. The game’s currency is gold coins which can be traded to purchase Sunbreak Tokens ($SBT) on their marketplace.
RavenQuest’s daily $SBT limit is determined by how many activities your community and you take part in and the amount of the passive income that they generate.
RavenQuest realizes that inflation will continue to increase, so there is no set exchange rate between Gold/$SBT. Instead the $SBT is a daily set prize that is awarded to all players who have played the game and won gold.
$SBT may also be traded for cash in real life or used to increase Gold earnings potential by acquiring or upgrading Estates, Mounts, Ships & Wagons, Workers, Ravencards, or other in-game items.
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 already has a huge online fan base.
For more information, click Play to earn
