Ragnarok NFT is released and his Token plummets

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Carlos Laforet Coll
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The newest entry in the Ragnarok Online series on mobile, called Ragnarok Labyrinth NFT, marks the RPG franchise's first step into play-to-earn (P2E) games. In it, players can accumulate ONBUFFS points, with Blockchain technology, and exchange them for cryptocurrencies through the INNO platform.

However, shortly after its global release, players saw the Ragnarok Labyrinth NFT Token drop a lot, reaching over 99% drop.

Ragnarok Labyrinth NFT is a free-to-play mobile MMORPG game that became available globally last Thursday (22) in more than 170 countries, with the exception of China, Japan and Korea. The P2E game, developed by Gravity Game Link, was originally released on April 27 this year for Southeast Asia only and ranked among the most downloaded games on the App Store in Thailand and the Philippines.



The game features maze dungeons and features several monsters that are old acquaintances for those who played other Ragnarok Online series titles in the past. Despite this, for players who aren't too keen on auto-RPGs, Ragnarok Labyrinth NFT might not be a good choice, as the game's focus is clearly on non-fungible tokens.

The NFTs system works through the negotiation of ONBUFF Points, which are points that players can acquire by killing MVPs, completing daily missions, getting achievements or through the game's own battle pass. After accumulating points, they can be exchanged for in-game items or for INNO Platform's NEWTON Token, which supports the game's blockchain system.

In turn, these Tokens can be exchanged for ONIT, which can be traded through the Decentralized Finance (DeFi) suite of services for cryptocurrencies. However, it can be a little more difficult to achieve the desired results. The INNO platform Token, i.e. NEWTON, has sharply devalued after the global launch of the game. According to the platform, the value of the Token has already dropped by 99,13%.



That's not the only problem Ragnarok Labyrinth NFT is facing. Despite having a good rating on Spanish Google Play, some players complained about bugs, high transfer rates when trading Tokens and imbalance in PvP. Apparently, Gravity Game ended up keeping the same server launched in April, resulting in fights between players who were at the initial launch and who are now very strong and newbies, hindering progression.


In case you're interested, Ragnarok Labyrinth NFT is available for both Android and iOS. The game already has over 1 million downloads, with 300 players pre-registering ahead of its global launch on September 22nd.

Read also:

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  • The NFT Games That Lost the Most in 2022
  • Black Anvil: Spanish studio NFT card game announced for PC and mobile
  • NFT games: interest in the subject reaches the lowest level in the last 12 months

 


 

Fontes: BusinessWire, LabyrinthNFT, INNOPlatform

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