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Learn more in this CryptoBlades review. Aside from giving an in-depth review about CryptoBlades, we will take our time to also discuss deeply about trending revolutionary web-based non-fungible token (NFT) role playing games. Never quit, continue reading to know more about CryptoBlades.
The year 2021 has seen a massive growth towards blockchain technologies and ventures. Regarding the fintech sectors that are massively performing well this year, blockchain-powered gaming occupies a major threshold. Moreover, the influx of gaming projects on blockchain techs fully displays the versatility of decentralized technology.
In this article, we will share CryptoBlades review to give you an idea of how this blockchain gaming works. Likewise, the blockchain gaming industry seems to be on the right path. Besides, it shows that everything the blockchain touches becomes better.
In addition, the most recent patron of blockchain’s unique attributes is the NFT-based role-playing game CryptoBlades. CryptoBlades is a unique blend of traditional gaming and finance, built on a decentralized ecosystem.
Launched in May 2021, the blockchain game CryptoBlades is created by gaming firm Riveted Games. Riveted Games is an award-winning firm founded in 2014. Moreover, the team comprises four members experts in the field of gaming and blockchain technology.
Since 2014, company owner Philip Devine has been at the head of Riveted Games. At the same time, he has taken his team to great success. Currently, the gaming company is in partnership with influential platforms like steam, BTS Labs, Chainlink, and Unity.
What is CryptoBlades?
CryptoBlades is an innovative web-based NFT role-playing game. Besides, the project was first launched on the Binance Smart Chain system. Riveted Games is the developer behind CryptoBlades. In addition, CryptoBlades comprises a dynamic and rewarding system. At the same time, it awards players with SKILL tokens after taking part in in-game challenges.
Participants can win SKILL tokens when making in-game raids and beating strong foes. In addition, players can enhance their gaming skills and gain more tokens. Finally, players can make new characters and forge rare weapons giving them an edge on their enemies.
CryptoBlade’s unique system lets players ease weapons, boost overall power, and trade characters and weapons on an open marketplace. Moreover, SKILL tokens owners can also stake their SKILL and gain more.
Overall, the CryptoBlades gameplay is very simple. It has four elements: Fire, Earth, Lightning, and Water. But, all are assigned element characters, attributes, weapons, and enemies. Furthermore, many elements enhance or reduce the chances of victory when in battle.
What is SKILL?
SKILL is a native token of the CryptoBlades project. It is a game that allows a player to defeat enemies and raid with a friend. As a result of rare skill and effort you can earn SKILL and collect NFTs. Likewise, NFTs, gaming, and even gambling have become a massive part of the crypto industry. But, on the other hand, newer projects bring fresh and better features and chances than ever before.
With SKILL, it never pays to win, but instead, it plays to earn. In addition, you can win a small amount by beating enemies and going on raids, as mentioned. Besides, you can then stake those games, help provide liquidity and earn even more.
As you keep earning and staking, your staking rewards grow. But after some time, you will have quite a bit of money that continues making new money for you. With this, you gain the ability to craft powerful characters and weapon NFTs, which you can use to beat your enemies. Also, you can go to the market and sell. Thus, it grants ownership of them to other players.
In addition, there is an infinite amount of customization and fine-tuning with your character. And in-game items, which allow for the creation of unique things. Also, there are collectibles that will attract buyers.
The project collaborates with a crypto project, Chainlink, best known for its advanced network of oracles that transfer off-chain data to the blockchain, thus connecting the real world with the blockchain sector.
The partnership is still not officially announced at the time of writing. But specific sources claim it is only a matter of time before it happens.
How does CryptoBlades Works?
This part of the CryptoBlades review discusses the CryptoBlades’ features model that revolves around SKILL and the game contract. Since the SKILL is the native currency in CryproBlades, maintaining it is critical for stability in the market.
To support the SKILL in and out of the game contract, CryptoBlades exerts faucets and sinks. Faucets are actions that earn SKILL to players, while a sink is an activity that uses SKILL from players.
As a player, surely you want to control your faucets and sink. But, they determine your chances of making or losing money with CryptoBlades.
Combat is the contemporary faucet in CryptoBlades. But, on the other hand, there are multiple sinks, including Forge Weapon, Recruit Character, Early Withdrawal Tax, and Marketplace.
How To Earn With CryptoBlades
As stated earlier on this CryptoBlades review, all your earnings with CryptoBlades will be in terms of SKILL. You’ll have to play games to earn by engaging in combat and dealing NFTs on the marketplace. However, the earning features are currently limited, but perhaps they might add more. Below are some of the ways you can earn SKILL with this CryptoBlades Review.
As a player, you can manage your character and weapon NFTs to engage in combat. CryptoBlades will then do the on-chain transaction to define the power values of the preferred enemy and character. Also, this will help conclude if you won or lost by analyzing the calculated rolls.
If you win the fight, there will be an event payout to your character and a SKILL payout to your in-game wallet. Similarly, losing in the battle leads to loss of the gas fee paid.
Players are open to trade their NFTs on the marketplace for SKILL. Moreover, they can trade ERC-721 NFTs such as weapons and characters freely with other players. To prevent fraud, CryptoBlades have come up with an exclusive marketplace where users can buy and sell their NFTs.
When buying NFTs, the player has to authorize that they want to spend SKILL from their wallet to purchase the asset. The crypto will not deduct from the player’s account until proving that the product is still available. If another player acquires the item, there will be no deductions from the MetaMask wallet.
You’ll have to pay a mandatory gas fee when listing the NFT you want to sell in the marketplace. Buying, on the other hand, has a 10% tax charge paid by the buyer. However, it might not fill the tax fee since it is already included in the listed NFTs.
It takes 24-hours before listing or trading a character again in the marketplace. To acquire the trade lock, one must pay a 0.285 gas fee error.
CryptoBlades Additional Features
In this CryptoBlades review, we also discuss the game’s other significant features. Those are:
Early Withdraw Tax
The frequency with which you withdraw your tax determines the Withdraw tax. You’ll be taxed higher when you withdraw on early days, and as the days progress, the tax keeps reducing.
The Withdraw tax is always set at 15%, which reduces by 1% daily until it hits 0%. Then, it resets back to 15% when you ask for a SKILL payout or when you stake unclaimed SKILL on the staking pool.
Claiming SKILL Rewards
If you’re winning in combat, you get a reward in terms of SKILL. The Withdraw tax defined earlier will apply when claiming the SKILL.
For instance, if you gain 10 SKILL and decide to claim it quickly, 15% tax will be deducted, leaving you with 8.5 SKILL. The same results if you wait for ten days before claiming the rewards, where the deduction is 5% resulting in a 9.5 SKILL reward.
Generally, holding the other factors constant, including the price changes, you’ll earn more if you hold your rewards for a longer time.
Are SKILL and CryptoBlades Safe?
If you question the safety and security of engaging, on both token or the project itself, that is more than acceptable. But, unfortunately, the crypto world has been known for frauds and scams. Likewise, even legal projects would sometimes end up being too weak to insist on in this highly competing market.
However, when it comes to CryptoBlades and SKILL, you should have no such concerns. Besides, both are audited and liquidity-locked, with the developing team being fully transparent and public. In addition, they are members of Riveted Games, which has already created several award-winning games that were published freely and can be found on Steam.
The rise of blockchain-based gaming platforms has definitively promoted the spread of blockchain technology. Moreover, its constant impact on the gaming area cannot go unnoticed.
The foundation of games like CryptoBlades gives blockchain fans a unique practice of financial freedom. Through its decentralized content, it is a highly interactive marketplace. As a result, players can sell, trade, and uniquely own all their assets supported by SKILL.
CryptoBlades has intensely led to unite both gaming and blockchain within a unique, user-friendly environment. Gaming Schemes like CryptoBlades ideally define the enormous power of blockchain technology. Also, the capacity to impact any given sector positively.