EsportFi Project Era7 Completed Token Sale & Enters Alpha Testing
On February 19, 2022, the NFT game Era7: Game of Truth running on BNB Chain announced the completion of ERA token sale on PancakeSwap. Era7 builds a play-to-earn NFT trading card game on the verge of Esports and GameFi (dubbed EsportFi) and draws inspiration from the premiere card games Magic: The Gathering and Hearthstone.
The key of EsportFi is the introduction of light esports games to blockchain. Era7 utilizes an incentive model where players who provide liquidity get bigger rewards, as seen in GameFi, and goes further to offer better interaction at higher speed, bigger rewards in less time, and a betting/contest system in an effort to attract an even wider user base with strong stickiness.
The idea behind light games is to offer intuitive and easy-to-master gameplays. When light games are brought to blockchain, they attract potential users from both conventional players and blockchain enthusiasts, while still being very accessible for the “out-of-the-circle” audience. This positioning is favorable for increasing the adoption of blockchain games.
Era7 has managed to combine fun, high competitiveness, and low stress. Across 7 forces, 1,000 cards are available for fair, competitive, and diverse PvP & PvE battles, while one game lasts just 3 minutes. The smart-contract audit for Era7 was completed by Armors Lab.
The currency of Era7 metaverse is ERA, a BNB Chain token with the total supply of 1 billion. ERA is consumed in card, NFT, and mystery box purchases. It also resets the Master Card to unlock more cards, generates the in-game token GOT in staking, and serves as the reward in monthly leaderboard ranks, games, and competitions. Later, it will be a pass to ecosystem governance for the community.
Token sale results
The fresh take on blockchain esports allowed Era7 to gain followers and smash the Initial Farm Offering on PancakeSwap on February 18, regardless of the recent BTC retraction and an overly bearish market sentiment. Era7 managed to raise $1.8M for 20M ERA from over 10,000 participants with huge x137 oversubscription. During the first 6 hours, over 30,000 transactions happened with a trading volume over $3M. As of writing time, the liquidity pool holds $1.6M; and the price stabilized around $0.09–0.1.
On February 20, registration for Era7 alpha testing ends. Users who miss the application deadline will still be able to use selected free-to-play functionality. See this post for details. Era7: Game of Truth will offer daily, biweekly, and monthly play-to-earn rewards and introduce the Unreal Engine to provide access to a parallel complementary world. Next, it will expand its scalable metaverse with animated series, GameFi IP characters, livestreams, and a dedicated esports community. Follow Era7 and join the world’s first light esports blockchain game to play and earn*.
Join ERA farming at PancakeSwap to catch the insane 35,000% APY*
* Not financial advice.
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