Play-to-Earn (P2E) games generated an estimated $2.5 billion in capital market in the first quarter of 2022. it is expected to surpass $10 billion at the time the year’s end, according to reports released recently by dAppRadar as well as the Blockchain Game Alliance (BGA). A lot of developers and companies are now building their own games that are based on blockchain because of the rapid growth in blockchain gaming investments.
However, the great majority of Blockchain games that are currently available or being developed are either limited auto-play simulations or do not have any real playability. Their token holders and investors, gaming communities and investors may vanish within a few months after the game’s launch, making the project not profitable and their investments ineffective. This is a major issue to the long-term success of Blockchain-based games. While it is vital to integrate blockchain functionality for long-term success, the adoption of blockchain-based games can only be achieved if the game developers and game makers focus more on creating great games than the integration of Blockchain capabilities.
Raven Quest is a GameFi initiative that focuses on building a blockchain-based MMORPG. It will facilitate an ongoing blockchain-based adoption in the gaming community. The Play-to-Earn incentive model can also be utilized to draw players into Raven Quest.
What is Raven Quest?
Raven Quest is a play-to-earn game based using the polygon blockchain. It creates a decentralized open world gaming environment where users may take possession of a plot of land and establish their own home and farm. It’s the first game that is completely free and has a significantly higher quality of play than the majority of blockchain games that require players to purchase NFT or other cryptocurrency in order to gain access to the game.
Raven Quest allows players to gather NFTs which can be utilized to build powerful weapons, or traded on NFT marketplaces. Furthermore, players can make Ravencards to create customized NFT gaming characters.
Raven Quest’s open-ended design allows players to explore what they like in an engaging interactive, constantly changing environment that is full of stories and puzzles. Additionally, it has a robust player-driven economy, powered by self-balancing algorithms.
Raven Quest’s Tokenomics
The GameFi project’s tokenomics are crucial to its long-term success. This is particularly true in the case of MMORPGs. Raven Quest has a single tokenomics system and a community-driven economy which makes use of its self-balancing system called the Tradepack system.
$SBT Token:
Raven Quest offers incentives to its players via Sunbreak Tokens ($SBT) crypto tokens. Sunbreak Tokens ($SBT) are gold coins, can be traded on the marketplace to purchase in-game currency.
RavenQuest offers you the opportunity to earn $SBT daily. This is determined by the activities you participate in in the open world, and how much passive revenue you can generate.
There isn’t an established exchange rate for Gold and $SBT as RavenQuest is aware of the ongoing inflation. Instead, the game gives a predetermined daily prize fund in the amount of $SBT. It is divided among all players that had completed their activities and produced Gold during the game playing time.
You can also exchange $SBT with real-world cash or use it to increase Gold earnings by purchasing Estates, Mounts, Ships & Wagons, Workers, Ravencards, and other in-game objects.
The Takeaway: Raven Quest Release Date
Raven Quest will be available in the third and fourth quarters of 2022. The game is currently in its fifth year of development and already has a large online player base.
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