Ragnarok is Coming - Prepare Yourselves!

Ragnarok

Ragnarok is an upcoming play to earn game with NFTs on Hive. The official Ragnarok is Upon Us post came out yesterday and it has created a little bit of buzz. Well, a lotta bit of buzz. I think it's going to be the next big Hive game and hope it brings many new users to Hive like Splinterlands is. It has some mechanics that are going to greatly benefit in the long run. Instead of creating a token and having a sale, they chose to airdrop everyone NFTs based on their Hive holdings. This it the way, gentlemen. You want the community to play the game? Airdrop the NFTs for the game for free. They will come.

How many NFTs you will get based on your HIVE holdings is not clear, but they did provide an example in the post. It is based on the total supply of HIVE at the time.

The drop is proportionate to the total supply of HIVE (excluding the Hive DAO because DAOs can't claim, they don't have fingers!) So, for math's sake, let's say there are 100m HIVE (arbitrary numbers) & 10m NFT's. That means every hiver who claims will get 1 NFT for every 10 HIVE they hodl.

The game is largely based on Norse mythology, which makes sense with a name like Ragnarok. I love this idea. I love lore as well, so I hope there's some sweet, juicy lore. It's going to be a card based game so you can expect some similar mechanics to Splinterlands or Gods Unchained, I would assume. It's going to cost some amount of HBD every year to opt into playing. Hopefully it won't be too expensive, but all HBD spent in the game is locked to earn interest and that interest is paid out to players. How fuckin cool is that? This HBD pool is gunna get deep.

Players earn EXP tokens by playing which are fungible Hive Engine tokens. The EXP can be traded or used for powering up cards. Everything else costs HBD such as buying potions to heal your cards. Repairing weapons will cost HBD, and you'll have to feed your Gods by buying Food with HBD. Basically, there's going to be a lot of micro-transactions that sends HBD into a vault to earn interest "in perpetuity*. This HBD will earn interest, therefore generating more HBD for the open market. All that interest is paid out to players. Talk about GameFi.

I'll let you read the rest in the official post I linked. I just wanted to highlight how good this could be for Hive. The HBD that is going to be generated by the game could greatly benefit the Hive ecosystem. This could easily be the next biggest play to earn game on Hive. I just have on thing to say. My wallet is ready. Stack up as much HIVE as you can so you maximize your NFT airdrop. Not financial advice.

Peace.