Revoland

Revoland operates as an e-sport gaming platform built on blockchain technology, positioning itself in the GameFi market. The company was developed by Chain X Game, a London-based metaverse game development company led by CEO Jimmy Zhao. Before Revoland, Chain X Game launched another project called Puppy Planet. In June 2022, Revoland successfully raised $10.6 million through two funding rounds, a seed and a pre-sale, with lead investors including HashKey Capital and Polygon Ventures, alongside 14 other firms.

The core of Revoland's business is a multiplayer online battle arena (MOBA) game that allows players to form teams, compete against others, and earn token rewards based on their skills. The business model combines free-to-play access with a play-to-earn system, which has evolved into a "skill-to-earn" model. Revenue is generated as players utilize the platform's two native tokens: $REVO, the governance and utility token, and $LAND, the in-game currency earned through gameplay. Players can use these tokens to acquire and trade in-game assets like heroes and skins as NFTs on the marketplace, upgrade characters, and participate in various game modes. The platform aims to attract both traditional gamers focused on gameplay and Web3 users interested in the earning potential.

The game offers several modes, including MOBA and Battle Royale formats, with monthly updates. Players can compete individually or in teams across different match types. A key feature is the ability for players to truly own their in-game assets as NFTs, which can be sold on an open marketplace. Revoland emphasizes a multiplayer-first experience, focusing on minimizing lag and latency to ensure fluid, cross-platform gameplay. To further enhance competitive play, the platform introduced a "Room Mode," allowing players to create custom matches with specific rules, ensuring they compete against others of a similar skill level in a bot-free environment. In this mode, the winning team receives LAND tokens from the losing team, directly tying rewards to performance.

Keywords: blockchain gaming, play-to-earn, GameFi, MOBA, NFT, skill-to-earn, crypto games, metaverse, digital assets, e-sports