Forgotten Runes Unveils $XP Token as Ecosystem’s Official Currency
Exploring the World of Forgotten Runes
Forgotten Runes is not just a game, but a decentralized fantasy franchise that merges blockchain technology with immersive storytelling. At its core are the unique Wizard NFTs, known as the Forgotten Runes Wizard’s Cult, which consists of 10,000 Wizards, each with its own traits, backstory, and a digital page in the Book of Lore. This on-chain book allows NFT holders to contribute to the collaborative world by sharing stories, art, and ideas.
Expanding beyond NFTs, Forgotten Runes delves into comics, games, an animated series, and more, catering to a wide range of interests within its community.
Introducing $XP: The Backbone of the Ecosystem
The newly introduced $XP token serves as the primary currency within the Forgotten Runes ecosystem, connecting its various on-chain and off-chain experiences.
Key Features of $XP:
- Core Utility: $XP powers the entire Forgotten Runes universe.
- Integration in the MMORPG: $XP will be seamlessly integrated into the upcoming flagship game, Forgotten Runiverse.
- Monetization: The token plays a vital role in redefining fantasy IP creation and monetization.
- Launch via Arcane Foundation: The token will be introduced through The Arcane Foundation, with more details forthcoming.
While specific use cases for $XP are still under wraps, the token is set to unify all aspects of the ecosystem, from gaming to lore creation.
The Forgotten Runiverse: A Revolutionary MMORPG
Scheduled for release in 2025, the Forgotten Runiverse is the franchise’s most ambitious project to date. Operating on the Ronin Network, this on-chain MMORPG will offer players a free-to-play experience, allowing them to battle, quest, and craft items.
Game Highlights:
- Item Ownership: In-game items are represented as NFTs, granting players true ownership.
- Resource Tokens: Game resources utilize ERC-20 tokens for seamless transactions.
- P2E Elements: Play-to-earn mechanics keep players engaged and rewarded.
With $XP fully integrated into the Runiverse, the token is poised to enhance player interactions and drive the in-game economy.
Diverse On-Chain and Off-Chain Ecosystem
Forgotten Runes offers a rich ecosystem comprising both on-chain and off-chain elements.
On the blockchain side, the franchise features 12 unique NFT collections, including Wizards, Warriors, Beasts, and Shadows, each with metaverse-ready assets. The House of Wizards DAO, a community-driven hub, supports creators and shapes the platform’s direction.
Off-chain, Forgotten Runes expands through an animated series, comic books, tabletop games, and more, providing fans with various storytelling experiences and merchandise.
Significance of $XP Token
The $XP token signifies a pivotal moment in the evolution of Forgotten Runes, acting as the linchpin that ties together its diverse components. From powering games to supporting creator projects, $XP aims to elevate the ecosystem and empower its community for future growth.