Raini Studios Acquired by Ceden Introduces RST Token on Avalanche

In a significant development within the web3 gaming landscape, Raini Studios, recognized for its digital trading card game, The Lords of Light, has entered into a strategic alliance with Ceden and Kanpai Pandas. Operating under the joint venture RJV International DBA Raini Studios, the collaboration marks the introduction of the $RST token on the Avalanche subnet Beam. The consolidation of the $RAINI and $PHOTON tokens into $RST took place in late November, facilitating a streamlined approach to their crypto ecosystem. Together, the collaborative teams have embarked on the development of a new combat game. While the specific details of the intellectual property (IP) remain undisclosed, the partnership shared insights during a recent Twitch stream.

Ensuring a smooth transition, Lead Designer Marty Burgess and the complete Raini team continue their roles post-acquisition. Alex Moody, CEO of Ceden, assumes leadership of the amalgamated studio, with industry veteran Michael Haller taking charge of gaming development for the new undisclosed combat game. The Lords of Light, Raini Studios' signature offering, presents a distinctive take on the turn-based collectible card game genre. Currently available on the Epic Games Store, the game is currently hosting an esports world championship with a noteworthy $40,000 prize pool. If you're new to the game, here's a comprehensive beginner's guide to get you started.

Raini Studios' crypto ecosystem, traditionally multi-chain, now leans towards the Avalanche network with the introduction of the $RST token. Liquidity pools for $RST have been established on both Avalanche and Ethereum DeFi platforms, signaling a commitment to cross-chain compatibility. Anticipating future developments, a LayerZero integration is in progress, allowing traders to seamlessly convert existing Raini tokens into $RST. Furthermore, plans for a cross-chain integration for Lords of Light card packs aim to provide players with the flexibility to hold NFTs on their preferred blockchain.

As Raini Studios extends its reach beyond the confines of the crypto realm, challenges in integrating web3 games into traditional launchers become evident. Recent occurrences, such as the removal of Gods Unchained from the Epic Games Store, emphasize potential hurdles. Nevertheless, Raini Studios appears well-prepared to navigate these challenges strategically, aiming for a solid foothold in the broader gaming market.