NftRavenQuest Launches $QUEST Following Early Game Momentum

RavenQuest Launches $QUEST Following Early Game Momentum

-


Tavernlight Games has officially launched the $QUEST for its MMORPG title RavenQuest on April 3 via Immutable zkEVM, following the game’s public release on PC just three weeks prior on March 14.

This comes after a notable early performance from the game, which has recorded over 1.74 million in-game transactions, more than 1.65 million Twitch views, and over $349,000 in NFT volume.

Unlike other blockchain games, the $QUEST token is launching into an already active live game environment and its functions are tied to in-game systems from the outset.

RavenQuest Launches $QUEST Following Early Game Momentum
RavenQuest Launches $QUEST Following Early Game Momentum Source: RavenQuest

What is $QUEST?

$QUEST is the primary utility token within RavenQuest, used for a range of gameplay-related transactions. It underpins several in-game systems and offers players ways to engage with the economy beyond standard in-game currencies.

Functions of $QUEST include:

  • Trading items through the Auction House
  • Crafting equipment and consumables
  • Purchasing cosmetics
  • Managing land ownership
  • Enhancing abilities and equipment
  • Exchanging with in-game Silver Coins

Players earn Silver Coins through core gameplay—including quests, crafting, PvP combat, and estate management—and can exchange these for $QUEST through a peer-to-peer system with all transactions conducted gas-free via Immutable zkEVM.

The total token supply is capped at 1 billion $QUEST with the distribution split across six categories and the largest share (54.25%) is allocated for in-game ecosystem rewards. This allocation supports ongoing player incentives tied directly to gameplay participation.

  • Development & Marketing: 16.75% (167.5M tokens)
  • Team: 12.5% (125M tokens), with a 4-month cliff and 50-month vesting
  • Value-Add Partners: 9.5% (95M tokens), 4-month cliff
  • Liquidity: 5% (50M tokens), all unlocked at token generation
  • Advisors: 2% (20M tokens), 6-month cliff

A total of 7.5% of tokens were unlocked at TGE, equating to 75.05 million $QUEST in circulation at launch and is now trading at $0.12 according to data from CoinGecko.

RavenQuest Launches $QUEST Following Early Game Momentum
RavenQuest Launches $QUEST Following Early Game Momentum Source: RavenQuest

What’s next for RavenQuest?

Since launch on March 14, RavenQuest has recorded over 1.74 million in-game transactions, $349,000+ NFT marketplace volume, 3.78 hours average daily playtime, 1.65 million+ Twitch views and 21,000+ new Discord members.

Tavernlight Games has outlined several plans for ongoing development, including a mobile version of the game, expansion of guild mechanics and PvP features, introduction of new professions and progression content and potential token buybacks.

The studio has not yet confirmed a fixed roadmap for these updates but says the mobile version is a key priority. Further use cases for $QUEST are expected as additional systems are implemented.



Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest news

12 Best Umbrellas (2025), Tested and Reviewed

Other Good Umbrellas to ConsiderThere are a lot of umbrellas out there, and we're always testing more. Here...

Survey Shows 42% Of Brazilian Investors Have Bought Crypto 

Main Takeaways:-Investors said they hope that crypto will give them a high chance of making a “big” return...

Tom Emmer’s anti-CBDC bill clears US House Financial Services Committee

Lawmakers in the United States have...

Advertisement

Midjourney releases V7, its first new AI image model in nearly a year

Midjourney, one of the first AI-based image generators on the web, has released its first new AI image...

Circle President: ‘The World Yearns for US Crypto Regulation’

In a recent interview, former CFTC Chair and Circle President Heath Tarbert ascertained that the world was looking...

Must read

12 Best Umbrellas (2025), Tested and Reviewed

Other Good Umbrellas to ConsiderThere are a lot...

Survey Shows 42% Of Brazilian Investors Have Bought Crypto 

Main Takeaways:-Investors said they hope that crypto will...

You might also likeRELATED
Recommended to you