Era7 is a Binance Smart Chain (BSC)-based game merging interesting aspects of DeFi, NFTs, and trading cards to pioneer the first player-facing eSports-Fi model in the already successful blockchain gaming.
Trading Card Game to Reach $27 Billion by 2026
Interesting statistics from Newzoo revealed that the video gaming industry was projected to reach over $175 billion by the end of 2021. During this time, the total number of global players is forecasted to exceed 3 billion, of which slightly over 473 million will be eSports fans.
At the same time, another study discovered that the trading card game sphere grew to $9.9 billion in 2019 but was expected to reach $27.2 billion in 2026, growing at a CAGR of 15.89 percent during the projected period.
Riding the Blockchain Gaming and P2E Wave
The Era7 developers first launched the game back in 2018, gradually perfecting its base in the process drawing over 10 million gamers. Behind its massive success and global reception is the trickle-down effect of the development team.
The team is experienced with over 15 years of gaming development but is open to external inspiration. For instance, aware that gaming is a deep industry with tons of other successful applications, Era7’s artistic impressions are from Hearthstone and Magic: The Gathering.
Despite the team’s deep experience, they are also considerate, aware that not everyone is not a gamer or a crypto expert. For this reason, Era7 is easy to play. It is open to savvy and none-techy persons offering them fun and rewards.
Standing Out from the Crowded P2E Space
It is a quality that institutional and veteran venture funds noted during Era7’s recently concluded crowdfunding round. Participants included established cryptocurrency exchanges like Huobi and leading venture capitals with impressive portfolios. They are now adding Era7 as part of their investment, confident of its prospects.
Although Era7 is taking another step in further refining GameFi by fusing it with eSports, one of the leading value propositions is the high quality being brought to the table. The game is developed with the player in mind to include rich gameplay content complete with competitive elements that offer the gamer long hours of entertainment.
For context, there will be 1k NFT trading cards, each bearing unique attributes, giving players more flexibility and imagination for thrilling gaming experiences. Because of the card’s numeral advantages, gamers are free to combine strategies for different battle performances—a huge attraction. At the same time, their plans of fusing eSports with GameFi in an environment that would have already supported the addition of an infinite number of players in PVP will be exciting and immersive.
Era7 Planning for an IFO
Additionally, Era7 has stated their plans of launching in mobile—Android and iOS–, a strategic move. A majority of gaming traffic is from mobile devices. Therefore, supporting gamers to join in and earn passive income and have fun on the go, coupled with plans of promoting Era7 from traditional gaming circles, would be massive tailwinds, attracting both gamers and investors to the ecosystem.
Last year, Era7 closed their seed and private sale rounds led by HashKey and Mobox. Leading cryptocurrency institutions and venture capital firms like Huobi Ventures and Good Games Guild (GGG) participated, making a solid base for the upcoming Initial Farm Offering (IFO).
Era7 will be allocating 20 million (two percent) of the 1 billion ERA to public investors in an IFO starting on February 18, 2022. The IFO is expected to draw massive interest based on the rate of private investment in cryptocurrency gaming in 2021—likely to spill over to 2022—and the benefits of ERA.
The utility BEP-20 ERA token serves several roles, including being a reward to active players, acquiring NFTs and NFT mystery boxes from the marketplace, and as a medium for earning local currency when sold via supported exchanges. Immediately after the successful IFO, ERA will list on PancakeSwap—the largest DEX on the Binance Smart Chain (BSC).
Telegram (Chinese) https://t.me/Era7_Official_CH