Forgotten Runiverse is emerging as a potential name on Ronin Network – the blockchain platform designed specifically for gaming, renowned for its fast transaction speeds and low fees. Can Forgotten Runiverse create a new buzz for the GameFi market on Ronin? Let’s find out in detail in this article.
What is Forgotten Runiverse?
Forgotten Runiverse is an NFT MMORPG set in an expansive fantasy open world called Runiverse, where players can interact with each other to explore, conquer challenges, and earn profits. The game combines traditional RPG gameplay with blockchain technology, allowing players to truly own in-game items as NFTs.
Forgotten Runiverse offers players unique experiences:
- Explore a vast open world: Runiverse is a vibrant world with diverse regions, creatures, and mysteries waiting to be discovered.
- Gather resources and craft items: Players can gather rare resources to craft weapons, armor, and other useful items.
- Battle monsters and other players: The game features a diverse combat system with various monsters and engaging PvP modes.
- Own Land NFTs: Players can own land in Runiverse, build structures, and create their own economies.
- Earn profits from playing the game: Forgotten Runiverse offers various ways to earn money, from selling items and renting land to participating in events and tournaments.
Forgotten Runiverse’s transition to Ronin
Forgotten Runiverse was initially developed on the Ethereum platform in 2023, inspired by the Forgotten Runes Wizard’s Cult NFT collection. However, the project did not achieve the expected success due to limitations in transaction speed and high fees on Ethereum. Recognizing the enormous potential of Ronin Network, the development team decided to migrate Forgotten Runiverse to this platform, opening up opportunities to reach a large gaming community and leverage Ronin’s superior advantages.
Development team
Forgotten Runiverse is a product of collaboration between two groups:
- Bisonic: The game development company behind Runiverse.
- FRWC: The community behind the Forgotten Runes Wizard’s Cult NFT collection.
Although detailed information about Bisonic and FRWC is limited, the successful transition to Ronin Network demonstrates the development team’s effort and commitment to delivering a quality product to the community.
Engaging gameplay of Forgotten Runiverse
Forgotten Runiverse features familiar and easy-to-learn RPG gameplay, combined with novel elements to create a unique experience:
- Embark on the journey: Players begin by customizing their characters to their liking. The character customization system allows you to choose appearance, costumes, and accessories to create a unique character. After creating a character, you will be guided to familiarize yourself with the world of Runiverse through a series of newbie quests.
- Explore and conquer: Runiverse is a vast open world with diverse regions, ranging from jungles and deserts to snowy mountains and mysterious caves. Players can freely explore, gather resources, battle monsters, and complete quests to gain experience and rewards.
- Character development: A diverse skill system allows players to customize their characters according to their own style. The six main skill types include Strength, Intelligence, Dexterity, Constitution, Control, and Luck. Players need to choose and develop skills that suit their tactics and roles in the team.
- Craft items: From the collected materials, players can craft weapons, armor, potions, and many other useful items. The rich crafting system encourages players to explore and be creative.
- PvP battles: Forgotten Runiverse regularly organizes PvP tournaments where players can compete and win valuable rewards. PvP mode requires players to have good combat skills, sound tactics, and the ability to coordinate with teammates.
- Own Land NFTs: Land NFTs are one of the unique features of Forgotten Runiverse. Players can buy, sell, rent, or use Land to build structures, host events, and generate passive income.
Land NFTs
Land NFTs are one of the core elements that make Forgotten Runiverse attractive. They are not merely in-game items but also give players true ownership of land in the virtual world of Runiverse.
Roles of Land NFTs
- Platform for the in-game economy: Land NFTs are where players can build, produce, trade, and create value.
- Enhanced ownership and control: Players have complete control over their Land NFTs, deciding how to use and exploit them.
- Investment opportunities: The value of Land NFTs can increase over time, bringing profits to the owners.
Types of Land NFTs
Forgotten Runiverse offers players the opportunity to own Land NFTs, opening up many ways to interact and profit in the virtual world. There are a total of 5 types of Land with different sizes and rarity:
- 8×8 Homestead: This is the smallest type of Land, suitable for those who are new to the game or want to build a private space. Homesteads can be used to build houses, cultivate crops, raise livestock, or display NFT items.
- 16×16 Settlement: Settlements are larger than Homesteads, allowing players to build more structures and develop diverse economic activities. Players can build shops, factories, or create utility services for the community.
- 32×32 Village: A Village is a large area, enough to form a small village with full amenities such as markets, schools, hospitals, etc. Owning a Village allows players to create a separate community and attract other players to live and trade.
- 64×64 Town: A Town is a large-scale town with many different functional areas. Players can build public works, organize large-scale events, and attract players from all over the world.
- 128×128 Cities: Cities are the largest and rarest type of Land in Forgotten Runiverse. Owning a City allows players to build a bustling city with full services, infrastructure, and complex economic activities. Cities are centers of commerce, culture, and entertainment, attracting a large number of players and generating huge profits.
Each type of Land has different values and exploitation potential. Players need to carefully consider their needs and goals to choose the appropriate type of Land.
How to use Land NFTs
- Building: Players can build houses, shops, farms, castles… on their Land.
- Production: Land can be used to cultivate crops, raise livestock, and extract resources.
- Business: Players can open shops, sell items, and provide services on their Land.
- Rental: Land can be rented out to other players for use, generating passive income.
- Event organization: Players can organize events on their Land and charge participation fees.
Tokenomics
Currently, the project has not announced detailed information about tokenomics. However, it can be predicted that Forgotten Runiverse will issue its own token to be used in the game ecosystem, for example, buying and selling items, paying transaction fees, participating in governance, etc.
Development Roadmap
Forgotten Runiverse is in the process of transitioning from Ethereum to Ronin Network and preparing to launch the official version. The project’s development roadmap includes the following milestones:
July 2024:
- NFTs are snapshotted by the project team to prepare for the transition to Ronin.
- NFTs are officially transferred to the Ronin network.
- Closed Beta Test is deployed (for pre-registered players).
August 2024: Public Event is expected to launch (open event for the entire community).
Next stages: (No specific information yet)
Opportunities and challenges for Forgotten Runiverse
Opportunities for Forgotten Runiverse
- Strong growth trend of the GameFi market: The blockchain gaming market is booming, attracting increasing attention from the gaming community and investors. According to a report by DappRadar, in the first quarter of 2024, the number of daily active users (DAU) in the blockchain gaming sector increased by 300% year-on-year. This creates a favorable environment for new GameFi projects like Forgotten Runiverse to reach users and develop.
- Advantages of Ronin Network: Ronin is an Ethereum sidechain built specifically for gaming, renowned for its fast transaction speeds, low fees, and high scalability. Choosing Ronin is a wise decision for Forgotten Runiverse, helping players have a smooth experience without worrying about high gas fees or network congestion.
- Large player community: Forgotten Runiverse already has an existing community from its deployment on Ethereum. The move to Ronin helps the project reach the large gaming community of Axie Infinity and other games on this platform. This is an important advantage, helping Forgotten Runiverse quickly build a player base and establish brand recognition.
- Engaging gameplay and development potential: Forgotten Runiverse possesses familiar MMORPG gameplay that is accessible to the majority of gamers. In addition, the project also introduces new elements such as the Land NFT system, diverse Play-to-Earn mechanisms, and community events to attract and retain players.
Challenges for Forgotten Runiverse
- Intense competition: The GameFi market is becoming increasingly competitive with the emergence of many high-quality games. Forgotten Runiverse will have to face tough competitors such as Axie Infinity, Illuvium, Star Atlas… To survive and thrive, the project needs to constantly improve, innovate, and deliver unique experiences to players.
- Attracting and retaining players: Attracting new players is only the first step; the bigger challenge is how to retain them and build a sustainable community. Forgotten Runiverse needs to invest in game content, balance the “play-to-earn” and “play-for-fun” elements, and create engaging community activities.
- Cybersecurity risks: Blockchain game projects always have potential cybersecurity risks, such as being attacked or having vulnerabilities in smart contracts. Forgotten Runiverse needs to ensure the safety of players’ digital assets by implementing effective security measures and thoroughly auditing smart contracts.
- Volatility of the cryptocurrency market: The value of NFTs and in-game tokens is greatly affected by the volatility of the cryptocurrency market. Forgotten Runiverse needs to have a sustainable development strategy, not overly dependent on token prices, to ensure the stability of the game ecosystem.
Forgotten Runiverse is a promising NFT MMORPG on Ronin Network. With its engaging gameplay, unique features, and great development potential, it has the potential to become one of the leading games on the Ronin Network. However, the project needs to overcome challenges in competition and cybersecurity to achieve sustainable success.
If you have any questions about Forgotten Runiverse that have not been answered in this article, please leave a comment below the article so Blockchain Global Network can respond to you soon!
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