Explore the intricacies of Night Crows' in-game economy and tokenomics, with a particular focus on the introduction of the $CROW token joining the IMO of Reflect Alliance.
Eliza Crichton-Stuart
Head of Operations
Wemade introduced its latest web3 sensation, Night Crows, to a global audience following its successful debut in Korea. Developed in partnership with the South Korean studio Madngine and utilizing Unreal Engine 5, this web3 fantasy game has garnered widespread attention for its pioneering multi-chain technology.
After its initial release in South Korea, Night Crows quickly rose through the ranks on both Google Play and the Apple App Store, accumulating an impressive $151 million in in-app purchase (IAP) revenue within just seven months. The game has been praised for its innovative integration of blockchain technology, incorporating advanced multi-tokenomics, character NFTs, and the decentralized omnichain messaging protocol Unagi(x).
Recent data indicates that Night Crows has already exceeded $10 million in global sales within a mere three days of its worldwide launch on March 12th. This milestone firmly establishes Night Crows as one of Wemade's flagship intellectual properties. In this piece, we explore the intricacies of Night Crows' in-game economy and tokenomics, with a particular focus on the introduction of the $CROW token joining the IMO of Reflect Alliance.
The Night Crows' team recently announced that the $CROW token, the core game token of the web3 MMORPG, has joined the Reflect Alliance as a new member through the Reflect IMO (Initial Membership Offering).
The $CROW token will be added to FIMO (Featured Initial Membership Offering) and offered only when the gameplay and tokenomics structures stand out among the newly onboarding games. It is expected to "establish a more robust ecosystem and contribute to the healthy growth of the Reflect's ecosystem through FIMO." For detailed information on the FIMO, please refer to the Reflect Playbook here.
Night Crows is a hyper-realistic world created with Unreal Engine 5, where your character will grow together throughout the diverse adventures and advancements for characters with various classes and weapons. The team recently revealed Battlefront which offers a massive inter-server arena, and the World Exchange which merges the economies of different servers and other contents in a world where every element is interconnected.
The game boasts unique Tokenomics and Character NFTs which add to the dynamic blockchain economic ecosystem. The vDIA, which stands for Value Added DIA, can be exchanged for the $CROW token and obtained by trading between players in the in-game exchange or completing quests from Request Station.
Understanding the intricacies of Night Crows' tokenomics may require some time, but a cursory glance reveals #CROW as the game's primary token. Minted as Value Added Diamonds (vDIA), players can earn $CROW by actively participating in the game and reinvesting resources.
$CROW serves as the in-game currency, facilitating purchases of items, characters, and NFTs. Additionally, $CROW can be exchanged for other tokens supported by the game's multi-chain integration, spanning Avalanche, Ethereum, Kroma, BNB, Polygon, and Wemix 3.0.
For those intrigued by the complex world of Night Crows and its tokenomics, the game is available for download on the official Night Crows website, offering an immersive and revolutionary gaming experience on a global scale.
Disclaimer: The information provided in this article regarding Night Crows' tokenomics, blockchain technology integration, and in-game economy is for informational purposes only and should not be construed as financial advice. Readers are advised to conduct their own research and consult with financial professionals before making any investment decisions.
updated:
March 17th 2024
posted:
March 17th 2024