Structure
Online gaming has unquestionably evolved into a phenomenon that cannot be ignored any longer. Millions of people all around the world participate in a variety of games, some of which are played professionally and others which are played for fun. While gaming was considered a fringe activity a year ago, it is now considered the standard for many young people. Recently, the phrase "play to earn" has been bandied about a lot. Play-to-earn is exactly what it sounds like – a business strategy that allows players to participate in a game while also earning cryptocurrencies in the process. Due to the fact that it combines two activities that have been driving people since the beginning of time – getting money and entertaining – it is an extremely powerful psychological model. The most important component of this model is that it grants gamers ownership over specific in-game assets while also allowing them to improve the value of those assets through active participation in the game. When it comes to cryptocurrency, identifying ownership and even transferring it is usually accomplished through the use of non-fungible tokens (not fungible coins) (NFTs).
Recent developments in the gaming business have seen a new concept known as Metaverse gain significant traction. Imagine living in a world where anything is conceivable, as long as it is planned and produced properly. It can be described as a world of limitless and interconnected virtual realities in which individuals can play, meet, work, and do whatever they want while wearing headsets, using augmented reality devices, and employing other smart gadgets to accomplish their goals.
Revomon is another prospective initiative for players who are interested in being part in these blockchain-based virtual reality games and earning cryptocurrency and NFTs in the process.
The Revomon token is a method of keeping track of each player's vote. When creating custom Revomon token images, you can have greater flexibility and make changes to the token as you go. It is crucial that all of the photos be same, otherwise the token will not be determined and held properly.
As entrepreneurs push the boundaries of what is possible, technology is advancing at an exponential rate, and established industries are being disrupted in unexpected ways as a result. It is being laid down new payment rails, TradFi is turning into DeFi, and Web 3.0 is reshaping the entire internet. Even the entertainment sector is undergoing transformation, whether it is through the use of digital collectibles (NFTs) or immersive gaming experiences facilitated by virtual reality and augmented reality (VRAR) (AR).
As we all know, games evolve in tandem with technological advancement. With games ranging from Pong to Pokémon and beyond, creators are always pushing the boundaries and transforming the gaming experience for players. Virtual Reality is the next frontier in personal gaming, and customers all around the world are eagerly awaiting the arrival of new titles in the genre. With the introduction of Revomon, we hope to inject some fresh competition into this thriving sector.
What exactly is Revomon?
Revomon (Revolution Monsters) is an immersive new Virtual Reality role-playing game in which things and monsters are actually owned by the players through the usage of NFTs (Near Field Communication) (Non-Fungible Tokens). The game aspires to be a community-driven concept that brings together the best aspects of blockchain technology and virtual reality gaming.
This fascinating new Metaverse combines an awesome, immersive virtual-reality experience with the groundbreaking technology behind NFTs to create an incredible, immersive virtual-reality experience. By embracing blockchain technology, this synergy will allow for the development of actual value in a virtual world, which will benefit both parties.
Revomon's Imagination
In order to do this, Revomon aspires to be the first virtual reality (VR) game powered by a decentralised application (Dapp) on the blockchain. In addition to delivering four new dimensions to the gaming industry through its native token, $REVO, Revomon is also bringing four new dimensions to the gaming industry through its project governance model and staking model.
When a player stops playing, the in-game treasury that they have built up over time vanishes from their account, despite the fact that they spent hours attempting to earn it. With the exception of a few new blockchain-based games in development, the entire world of gaming is stored on centralised databases. As a result, players no longer have full sovereignty over their characters and stuff, and they are forced to rely on centralised entities on an ongoing basis. The Revomon project resolves this issue by enabling players to retain ownership of all looted things, crafted objects, and captured monsters that they acquire via gameplay. All of this is made possible by the use of tokenization. Each participant will be able to convert their assets into Non-Fungible Tokens (NFTs), which will then be linked to their own personal wallets, as described above.
In order to earn money, you must play. Revomon takes on the common parent's criticism, "You waste your time playing these silly games!" Since the more time you spend in-game, the more awards you will be able to claim, you will be able to safely state that you are not wasting your time with Revomon. Your time will be spent progressing through the game's levels and zones, as well as earning other achievements. At its foundation, Revomon is about producing a fantastic gaming experience that is also supported by a functional and beneficial economic system.
Decentralized autonomous organisation (DAO) - Revomon operates on the basis of a decentralised autonomous organisation (DAO), which is enabled by the $REVO governance token. $REVO fosters synergy between the community and the team, and it enables for a decision-making mechanism that is based on community input. In the platform's future decisions, each token represents a voice that can be expressed through voting on future platform decisions. Shortly put, a decentralised board of directors has been established for this project, and you have the opportunity to join it.
Due to staking and yield farming pools, Revomon's ecosystem will provide an attractive option to generate passive income for a limited period of time in its early phases during the development of the project. To reward all users who stake or give liquidity to feed DeFi protocols such as Uniswap and Quick swap, 35.2 percent of the maximum supply will be retained in the RevoVault and will be used purely for this purpose. Simply expressed, by increasing liquidity, you will be able to bet the LP tokens you receive in order to gain $REVO tokens at a variable annual percentage yield (APY).
Keeping or exchanging tokens is a common occurrence.
CSV files can be used to keep your tokens once the players have gathered them. You can then transfer them to new users by using the Steam client software.
What are the benefits of making your token more flexible?
Everyone has a different token, however at the same time you can have a specific one in the short run and then give them away for free later on.
The added freedom does not apply only to your users, but also to your customers and other clients. Consider the following scenario: you want to promote a limited-time deal on your website. A discount code, such as IBTOMERK, is one of the most effective and convenient methods of accomplishing this. This will function perfectly until a customer adds the code to their list of preferences, at which point all websites (including yours) will receive the codes first before your own customers, requiring you to provide them with a code as well if you wish to sell those things.
Consider the possibility that you might now send the discount coupon code to your most important client first, so that they could utilise it to make their websites available and have the greatest impact.
The same may be said for "bundles" or "limited-time offers," which are now popular strategies to try to attract new users to your platform by offering them a discount or a freebie.
With Revomon, we are not restricting your ability to sell your products solely through our platform, but also through "virtual gift" sites such as OpenCart and Shopify, among others.
Developing and disseminating Revomon
When a person purchases your creation and adds it to his or her digital cart, you will receive a Revomon token in the player's name. Your Reputation tokens will be kept separate from this token, and it will be used for exchanging them and keeping track of all other players.
For each user who wishes to transfer his or her token to another player, the same method will be followed.
Validity and the Present Situation
Each of the Revomon tokens has a timestamp and a current status linked with it. The timestamp indicates the date and time at which a player obtained his or her Revomon tokens from the game.
Revomon tokens will not be valid until they are exchanged, but they will remain valid if they are gathered by a single user for more than one day before being exchanged again.
The Revomon token will also have a variety of characteristics, one of which will be the ability to modify the token in some way. This might be a different colour or a different typeface. Because of the font's aesthetic appeal, we would prefer to maintain it in its current state.
Scalability and portability are important considerations
Revomon enables you to keep the high quality of your player submissions while also maintaining a consistent community and a rapid activation time for your site visitors. In actuality, Revomon is still in the early stages of development, but the fundamental functionality and user interface have already been completed.
Tokens can be purchased either through Steam or directly from within the applications. Revomon is continually changing, and you will notice new features as we progress further along the development path.
A Swift and Java API has been developed based on the materials provided, while the Revomon documentation has been completely translated into Spanish, with additional language support to be added in the near future.
Completion of the task
User requests for certain forms of fulfilment (access to special components, for example) are permitted under our payment policy, and users are encouraged to do so. According to the players' wishes, these requests will be realised through their profile sites. However, it will not have an impact on the overall payment flow, but it will allow players to personalise their tokens in a few particular ways.
Detachment
Tokens for Revomon can be withdrawn from any user's virtual cart if the token is no longer required by that particular user. For the player to be able to delete the Revomon token, he or she must enter the command indicated in the token, which is'revert'. By using the Revomon dashboard, you can reactivate your token and transfer it to the next person who has requested the same sort of fulfilment. We will be able to ensure that every gamer receives exactly what he or she desires in this manner.
Taxes and Points Calculation
Revomon has been designed to comply with the tax regulations of the several countries in which it operates. The creation and sharing of Revomon is completely free, and we make no profit from its sale. However, we want players to be aware that, if they use this platform to sell goods and services, the VAT on those sales is required.
Players are also need to confirm that they have paid the applicable VAT to the appropriate tax body.
Here is a list of some of the countries where Revomon has been approved for use.
The outcomes will vary depending on your location and the number of transactions necessary. Before using Revomon, make sure to verify with the tax department in your country.
Revomon, which was set to have its number removed from the hook, was crushed on Wednesday by the squad of captain Titans, who defeated it 8–6 in what has turned out to be an exciting'mini-league' match.
That was certainly the case on Saturday, when what was anticipated to be the last match turned into a rerun of previous triumphs.
Despite holding a commanding 4–1 lead, the Warriors were forced to survive a spirited comeback by the Thunder.
Revolution crashed into the globe long before humans became the dominant power on the earth, according to legend. As time went on, however, these species were forced to adjust to the fact that humans were present in their environment. As a result of this transformation, the Revomon Tamers were able to provide significant benefits to the human species by harnessing the enormous power of the monsters in question. There are still many questions surrounding the magical properties of the Revomon, since it appears that Tamers are only beginning to comprehend the full extent of their actual power. Various factions have risen up, each of which sees the revomon as serving a distinct purpose. Choose your Tamer and train your Revomon in a first-person world within virtual reality, and then explore the environment by interacting with various items to learn more about them. Utilize your slingshot to throw energy balls towards Revomon in order to capture or release them.
Tokonomics
Players can earn rewards based on the number of hours they spend playing Revomon. Time is valuable, and the stuff they earn while playing will be valuable to other players if they are sold or given away. This is the primary goal for which the game is being developed. Revomon is powered by the REVO Token, which serves as the platform's native currency and serves as a medium of exchange.
Utilities for Tokens
All prizes on the platform, such as those for events, competitions, missions, in-game achievements, and collectible NFTs, are paid in REVO tokens, which may be exchanged for real money.
The REVO cryptocurrency will be accepted as a payment method in Revomo's in-house marketplace for the purchase and sale of Revomons.
REVO can be utilised as a governance token on the platform, allowing for a community-driven decision-making paradigm to be implemented. Each token represents a voice that can be conveyed through the casting of votes in a contest.
A multitude of uses for REVO can be found, including staking, farming, liquidity, and early access to the game's early stages.
Revomon is the name of the token.
REVO is the ticker symbol for the token.
Binance Smart Chain is the name of the network.
100,000,000 REVO are available in total.
CONCLUSION
Wheel In spite of the fact that virtual reality technology has only been around for a few years, businesses such as Oculus have played a crucial role in getting gadgets into people's hands. According to the latest statistics, Oculus is presently the industry leader in terms of sales and active users in the virtual reality sector, making them the appropriate first target for Revomon's launch.
The collectible monster games category currently has no content in the VR shop, and there are no similar VR games that employ blockchain technology and are likewise focused on collectible games available at this time. As a result of the time commitment required to collect monsters in a game such as Pokémon, having ownership of these monsters is something that is plainly wanted, and NFT may ultimately provide such ownership.
FOR MORE INFORMATION
https://revomon.io/
https://t.me/revomon
https://www.facebook.com/revomon.io
https://twitter.com/RevomonVR
https://revomonvr.gitbook.io/
https://revomon.medium.com/
https://discord.com/invite/revomon
AUTHOR
BTT USER NAME : cryptobadshah
POA LINK : https://bitcointalk.org/index.php?topic=5369358.msg58353530#msg58353530
Nice overview of this project
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Nice gaming project
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