[Market Research] Archeworld: A Blockchain Open World

The first open-world MMORPG to use NFTs

What is Arche World?

Developed by XLGAMES in 2013, Archeage is one of the big three MMORPGs of the second generation in Korea, alongside Blade & Soul and Tera, and is the brainchild of fantasy novelist Jeon Min-hee, who rose to fame with Children of Rune.

The game proved to be highly anticipated as it was confirmed to enter Greater China, Hong Kong, Russia, and Japan even before the service was launched, and at the time of its launch, it generated a sensational response with its unrestricted and vast freedom unseen in online games and unconventional contents such as trials, housing, herbivorous contents, and sea wars, and won the game grand prize that year.

However, it’s been nearly a decade since then, and the MMORPG element of the game has been pushed to the fringes, resulting in a significant decline in users.

Archeworld is a game that inherits the overall system of Akihabara, but creates a new economic model by combining blockchain to solve the problem of ownership of game assets.

Ownership of Pretend Assets

Since the birth of MMORPGs, characters, items, and currency have been a source of conflict between users and companies. While most games have made assets belong to the company through user terms and conditions, users have considered the assets in their accounts as their own. Since the value of the assets increased with the user’s efforts, game companies allowed trading between users as long as the company’s interests were not compromised, and users traded accounts and items through illegal channels.

With the dawn of the Web3 era, the trend of returning ownership of assets in the digital world to users began to accelerate, and this model became the foundation of peer-to-peer gaming.

With this awareness in mind, ArcheWorld strives to ensure that the ownership of assets is held solely by users. Assets acquired and produced by users through their own efforts will be NFTized and owned directly. To respect users’ efforts, we do not sell assets that can be produced directly as NFTs, but assets with limited supply, such as land, are managed fairly as they are public goods.

Tokenomics

Archiworld has a game currency, the Blue Salt (BSLT) token, which is issued on top of the Bora chain. BSLT tokens are used to reward users of land NFTs and are also used to reward advanced in-game content.

Archeum, which can also be swapped for regular game currency, is the core of the Archeworld blockchain model and serves as a reward for users who are constantly active in the game. To maintain the value of the token, there are daily swap limits and withdrawal restrictions, so please check the official website for details.

Land NFT

Land NFTs are a key asset in Archeworld. Land is important because it is one of the game’s content and an efficient way to acquire assets. There are a limited number of land NFTs, around 7,000 per server, with half of them (3,500) sold as NFTs.

Users can construct buildings on the land they purchase or rent it out to other users, collecting rent (BlueSalt tokens) and generating income. To keep landowners profitable, public lands that are not sold as NFTs are subject to more expensive rents, and a portion of these rents are stored in the form of treasury and distributed to land NFT holders.

New Server Events

We’re excited to announce that the new Asia 2 server is coming soon. A pre-registration and refer-a-friend event is currently underway to celebrate the opening of the new server, and a new land NFT mint is also planned. The Asia 2 server land will be issued as polygons and will be priced at around $300 worth of matic.

Stay tuned to the Archeworld community for more details.

Archeworld Community

Homepage: https://www.archeworld.com/
Twitter: https://twitter.com/ArcheWorld_NFT
Discord: https://discord.com/invite/ArcheWorld
Land NFT OpenSea: https://opensea.io/collection/archeworld-land

Laboon Space

Laboon Alliance is a community platform directly engaged and supported by NFT whales, long-term holders of blue-chip NFTs. Within the Laboon ecosystem, NFT whales are tiered based on the value of their blue-chip NFT holdings and can earn various additional rewards based on their community and event (AD) participation scores.

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