Forgotten Runiverse is a pixel-style MMORPG NFT game built on the Ronin network. Inspired by the Forgotten Runes Wizard’s Cult, a collection of 10,000 wizard-themed NFTs, the game offers a compelling blend of free-to-play and create-to-earn mechanics, allowing players to enjoy the game without initial investment while also crafting in-game items for potential profit.
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While the tokenomics of Forgotten Runiverse remain undisclosed, Hyperloop Capital Insights will provide updates as they become available. Stay tuned for further analysis on this emerging project.
forgotten runiverse game home screen
Exploring the Gameplay of Forgotten Runiverse
In Forgotten Runiverse, players embody wizards navigating a forgotten universe. The core gameplay revolves around connecting with other wizards to form guilds and participate in activities such as resource gathering, item crafting, land exploration, and combat.
The game features both PvE and PvP modes, challenging players to defeat monsters and other players for rewards and experience points. Reaching level 50 unlocks the ability to create and upgrade unique characters, which can then be traded with other players, opening up opportunities for profit.
Land NFTs: The Foundation of Forgotten Runiverse’s Economy
Central to Forgotten Runiverse’s economy are Land NFTs. With a total of 70,000 available, these digital assets empower owners to engage in resource extraction, construct buildings, and generate passive income by leasing their land to other players.
Land NFTs are categorized into five distinct sizes: 8×8 Homesteads, 16×16 Settlements, 32×32 Villages, 64×64 Towns, and 128×128 Cities. As expected, larger land plots offer greater potential for profit generation, mirroring the mechanics of other successful Ronin games like Pixels.
forgotten runiverse land nft types
Forgotten Runiverse’s In-Game Economic Model
Beyond Land NFTs, Forgotten Runiverse offers various other avenues for earning rewards:
- Resources: Gathering raw materials like stone, wood, and earth allows players to craft items for personal use or trade with other players.
- Spirit: Earned by defeating monsters, Spirit is a crucial component for crafting high-powered items.
The game utilizes two main currencies:
- Gold: Earned through gameplay activities and monster slaying, Gold is primarily used for construction and crafting.
- Mana: A premium currency acquired through special quests, Mana likely unlocks advanced features or items.
Forgotten Runiverse’s Distinguishing Features
In the increasingly competitive Ronin ecosystem, Forgotten Runiverse distinguishes itself through several key features:
- Create-to-Earn Mechanics: Beyond the traditional play-to-earn model, Forgotten Runiverse emphasizes player creation and ownership, fostering a stronger connection between the game and its community.
- Strategic Shift to Ronin: Originally developed on Arbitrum, the project’s transition to Ronin in July 2024 signals a commitment to leveraging the platform’s robust gaming infrastructure and established user base. This move aligns Forgotten Runiverse with successful titles like Pixels and Lumiterra, benefiting from the network effects of a thriving gaming ecosystem.
The Team and Investors Behind Forgotten Runiverse
Forgotten Runiverse is developed by Bisonic, a company specializing in metaverse game development with a team boasting experience from industry giants like Nexon, Ubisoft, and Capcom.
On April 13, 2022, Forgotten Runiverse secured funding led by Seven Seven Six and Dialectic Capital, with participation from Kenetic Capital, 1confirmation, and Placeholder Ventures. While the specific funding round and amount remain undisclosed, the backing of prominent investors suggests strong confidence in the project’s potential.
Similar Projects in the Space
- Bladerite: A Web3 survival MOBA and battle royale game.
- Wild Forest: A Ronin-based Web3 game where players lead armies in strategic battles.
This analysis by Hyperloop Capital Insights provides an overview of Forgotten Runiverse. As the project evolves, we will continue to monitor its progress and offer further insights.
