The market for NFTs (Non-Fungible Tokens) originally grew up as a popular way to certify digital authenticity. Often employed as the original proof of ownership, especially in the art market context, it took NFTs only a little time to spill over to many other industries, including real estate, healthcare, sports, and of course, gaming. There, NFTs stopped and loomed over for a while: blockchain NFT gaming seems a particularly lucrative spot, especially for those looking forward to generating some extra value in a light-hearted and entertaining way. Play-to-Earn games already proved their game-changing status by becoming an additional source of income at the time of the economic dismay. This way, this new form of entertainment claims its authority by becoming a crucial source of growth in the emerging digital economy.
Kingdom Quest, one of the rising stars in the blockchain-based gaming space, expands to incorporate the concept of Metaverse in its ambitious gaming plans. Through the concept of the “4 game – 1 token” ecosystem, Kingdom Quest enables users to employ its native asset, the Kingdom Quest token (KGC) across the entire field of Metaverse. Moreover, the game features the capacity to switch the characters and NFT items among various games, thus fostering inter-operability within the ecosystem. The game earn-by-playing system is based on the collective ranking: those who achieve a higher score by participating in daily quests, and expeditions campaign battles, are deservedly entitled to higher rewards. In the future, Kingdom Quest plans to expand its offering on mobile devices, taking the PC operation for granted. All in all, Kingdom Quest aims to open the door into the world of NFTs and Metaverse for all those eager to reap generous prizes for their active participation, thus taking an instrumental role in setting the economy on the rails towards digital transformation.
With the purpose to delve into the trends of the digital world, I approached Mr. Dat Le – CEO of Kingdom Quest to have a conversation about the gaming project, as well as the industry’s next turn.
First of all, how would you describe the essence of Kingdom Quest to anyone unfamiliar with the game?
Kingdom Quest is a gaming metaverse launched in the emerging blockchain-based gaming space. Kingdom Metaverse is composed of the 4 most exciting casual game titles – the currently dominant genre in the market.
The remarkable aspect that makes Kingdom Quest stand out from all others is the “4 game – 1 token” ecosystem, which means the Kingdom Quest token (KGC) can circulate in all 4 titles.
Kingdom citizens can also switch NFT items and characters among games to perform specialized tasks. This is unprecedented in previous NFT gamefi projects.
One of the main features of Kingdom Quest is the ability to generate monetary rewards. Could you please tell me how this process works?
Kingdom Quest provides players with a diverse and transparent earning mechanism. By participating in the game, players can earn money in two main ways:
The first way is Token Rewards: Players who conquer challenges and get a high rank on our leaderboard will be rewarded periodically with $KGC with the amount corresponding to the player’s rank. In addition, we also offer a high-value $KGC bonus, distributed randomly to players in the leaderboard as a way of incentivizing Kingdom Quest loyal companions.
The second way is NFTs Collecting: Players participating in PvE game mechanics have a probability of receiving Mystery Chest Shards. The Mystery Chests can be crafted by collecting enough shards. Players can choose to open these chests to receive characters or list chests in the marketplace for trading.
Kingdom Quest players can also earn money through our special events like Tournament, Arena Battle, or Staking KGC tokens to receive interest.
I’m interested to learn more about your Kingdom Quest ecosystem. What elements is it comprised of?
Different from other gamefi when there is only a single game, Kingdom Quest aims to build Kingdomverse including many different titles. We are developing which will 4 titles in the roadmap until 2023 including:
Kingdom Quest: The beginning – a puzzle-based RPG,
Forgotten Waterworld – a farm game
Kingdom Quest: The vast Claudia – an MMORPG title
Kingdom Quest: Defense of the Heroes – a Tower Defense.
Knowing the importance of long-term orientation for Kingdom Quest, how do you encourage community efforts?
We all know that in order to attract and retain players in a gamefi, we have to optimize both aspects: Game Play and Finance. So Kingdom Quest team has come up with a specific strategy for each aspect.
For the in-game economy, we maintain the rewards mechanism according to the leaderboard in parallel with a small random amount of rewards to both effectively control inflation and motivate everyone.
Besides, the development of an entire ecosystem, in the immediate future, is the launch of 4 games to help economic factors in Kingdomverse continuously expand, helping to increase utilities and the value of game assets that players own.
In terms of game mechanics, we focus on two factors: Make it personal and Recognize Loyalty. As mentioned above, the multi-game ecosystem makes it possible for us to develop different game genres to suit a variety of users. In other words, anyone can find a favorite title in the Kingdomverse and stick with it.
We also monitor and record every interaction of players in the game to identify a loyal user base and provide them with special incentives, such as earlier access to new games, priority on preferential sales, and exclusive sale.
As Kingdom Quest team members started from being game lovers, we aim to build the most ideal game space for Kingdom Quest enthusiasts.
Could you give us a general overview of KGC, the platform’s embedded asset? What are the main elements of its token distribution model?
KGC will be like a universal key, which would bring you the ultimate power in our metaverse of games.
KGC can be used to trade NFTs on our marketplace KGC can be used to create and enhance NFTs, which are 2 very crucial things to do to climb our leaderboard and earn.
KGC can be used to buy in-game resources, which would allow you to progress faster in-game if you want some advantages against other people in the race to the top.
KGC can also be staked. By staking KGC, not only you can receive the token itself, but you can also obtain rare, limited, or exclusive NFTs of the current or the upcoming games
Of course, owning NFTs of the upcoming games will bring you early access to the games, and make you one of the first people to experience and earn from them. So with the benefits above, and with our plan of releasing not only news but real content and updates, buying and holding our tokens for the long term would be a wise choice you would want to make.
For the offers, we will open public sales, the chance for all of you to get the tokens. The token will be listed on Trader Joe.
Generally, what are the main hurdles anyone is likely to come across when developing a blockchain-based gaming project? What was the approach of Kingdom Quest to overcoming them?
Personally, I think every blockchain project will face 3 challenges: lack of adoption, trust among users, and financial resources.
We have researched these issues very carefully to find effective solutions. With the lack of adoption, we tried everything to optimize and balance the game. Users can experience smoothly with quality graphics. Our strengths are in having experienced developers in the game industry, blockchain, and talented artists, all of whom are in-house staff and have collaborated on many projects before.
Regarding user trust, we believe that the barrier that makes many users feel afraid to participate in gamefi is the cost of joining and the legit of the project. In Kingdom Quest, you can completely free experience. And even if you want to own NFT Heroes to play in advanced features, our cost for an NFT is only about $10.
At the same time, we release Beta versions for the community to experience before releasing any open sales. Our Closed Beta has reached 1000 user participation, and the ongoing open beta, available to the public, is also very active in the community.
Third, in financial matters, Kingdom Quest is fortunate to receive the trust of many backers, venture capitals, and investors. We are currently a strategic partner of Ice tea Labs, Gamefi.org, Sotatek, Shima Capital…These partners do not only provide financial support, but also for game development, but also with us in development strategy, product distribution, and technology. We are also preparing for the Triple INO event on April 16 on Gamefi.org, Huobi NFT, and the Kalao marketplace.
Blockchain-based gaming is still nascent, but a hope-inspiring trend. In your understanding, what lies for it ahead?
2021 is a blooming year for Gamefi, but also marks the disappearance of many projects. I think the value that developers and developers get in return is the experience. In the coming time, no matter how the market moves, we will see really quality projects emerge and become the dominant names in the market.
And finally, what is the roadmap for Kingdom Quest in 2022?
In 2022, we will use full speed to achieve the set goals. Our Triple INO event was successful on Gamefi.org, Huobi NFT, and Kalao marketplace.
We have completed the Beta test and the Mainnet of Kingdom quest: the Beginning will be released in Q2 along with the IDO.
In Q3 and Q4, we will release full features of The Beginning including PvE and Expenditure – an interesting passive earning game mode. Alpha test and Beta test of the second title – Kingdom Quest: Forgotten Waterworld will be on air in Q4.
You can follow our Twitter or telegram channel to update our latest events.
Kingdom Quest Social Media
Telegram Group https://t.me/KingdomQuestChat