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Phemex Crypto Blog: Learn the latest news, updates, and industry insights on bitcoin futures, bitcoin trading, crypto derivatives exchange, and related blockchain technology.

What is CryptoBlades: A Play-To-Earn Blockchain Gaming Platform For RPG Gamers

The blockchain offers a plethora of opportunities for every industry, including Gaming. This is because it provides for a secure and efficient gaming ecosystem while also giving gamers an avenue to enter the world of cryptocurrencies. The benefits are endless, but the most prominent one is allowing players to earn while playing. Today, gamers can earn in-game tokens, which they can exchange for other cryptocurrencies or fiat money. One such platform to offer such an option is CryptoBlades.

cryptoblades

What Is CryptoBlades And How Does It Work?

Developed by Riveted Games and deployed on top of the BSC, CryptoBlades is a play-to-earn, web-based roleplaying game (RPG). RPGs aren’t new to the gaming space. The genre has been in existence for years in which players assume the roles of characters in a fictional setting.

cryptoblades world
Cryptoblades Universe (Source: Cryptoblades)

CryptoBlades enables players to fight their opponents with an in-game crypto character and win real-world rewards. These rewards are given in SKILL, which is the native token of CryptoBlades. Gamers can use these tokens to either update their non-fungible token (NFT) characters or exchange them for other cryptocurrencies. SKILL can also be acquired by participating in raids.

What Can You Do With CryptoBlades?

  1. Craft An NFT Character: Playing CryptoBlades requires gamers to buy an NFT character from CryptoBlade’s Character Marketplace with SKILL tokens. Once the character is purchased, it can be equipped with in-game weapons. After this, a player is ready to fight, battle, and defeat their enemies. Since these NFTs are unique, users can trade them against various other NFTs available on the CryptoBlade market.
  2. Play and Earn: P2E blockchain games are the latest trend in the space. Already a multi-million industry, P2E games rewards users by offering crypto-based financial rewards that they can exchange for fiat currency. Hence, CryptoBlades is also a kind of crypto earning game that allows gamers to use their NFT characters to fight opponents and win SKILL. Players can also invade with friends or bet on their winnings to earn additional SKILL, which you can exchange for fiat currency. As Cryptoblades has locked the liquidity of their native tokens, each SKILL you earn has instant value.
  3. Character Customization: NFT-based in-game characters are unique because no such similar item exists in the world. However, they must be updated with relevant traits. Cryptoblades also enables gamers to upgrade their NFT assets with unlockable abilities, appearance, and more efficient blade components.

How to Play CryptoBlades?

As discussed, a player must have an NFT character to play the crypto game. This NFT character can be bought with the SKILL token using MetaMask.

cryptoblades and metamask
Cryptoblades requires connection to MetaMask (Source: Cryptoblades)

However, to buy a SKILL token, one must have BNB tokens in their wallet. Once users have acquired BNB, they can go to ApeSwap and obtain SKILL tokens by trading their BNB.

SKILL can be used for recruiting an NFT character, which can then be made more powerful by adding in-game weapons and other features. Now, a player can use these characters to fight the opponents and win more SKILL tokens.

The additional SKILL tokens can be used to create more powerful weapons or mint new characters, both of which enhance the in-game power of a player.

SKILL – The Token That Fuels CryptoBlade’s Ecosystem

SKILL has multiple functionalities within the game. For example, the token can be used to buy the NFT-based character, acquire new features, forge and reforge weapons, buy and sell on the CryptoBlades Marketplace, and govern the CryptoBlade’s ecosystem. Though the game offers multiple ways to get SKILL, note that SKILL that is won cannot be transferred to the marketplace. It means every time someone wants to buy an NFT character, they must purchase new SKILL tokens.

Cryptoblades SKILL tokens
Cryptoblades SKILL Tokens on ApeSwap (Source: ApeSwap)

The token has a maximum supply of 1 million, of which 879,525 SKILL tokens are currently in circulation. Their provision is designated as follows:

  • IDO – 35%
  • Gameplay Incentives – 20%
  • Development – 20%
  • Initial Liquidity – 15%
  • Liquidity Incentives – 10%

Conclusion

With a market cap of $14 billion already, the era of crypto gaming has begun. In particular, P2E gaming is trending as of late. Cryptoblades offers a way to simultaneously game and earn crypto. It also combines the best of both (NFTs and RPGs) worlds to present a solution that is poised to grow in the near future. Additionally, since the platform incorporates blockchains and Oracle, it is secure and provides equal benefits to all players. Moving forward, it has the potential to become a long-term investment for players who love role-playing games and collectibles.


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