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Akira Ming
Akira Ming
Jan 10, 2025
News

ChronoForge Migrates to Abstract Chain, Introducing $CHRONO Token

The multiplayer RPG ChronoForge has announced its switch to Abstract Chain. The move also brings a new governance token, $CHRONO, to replace $RIFT. Fans eagerly await more details on how this transition will shape the game's future.
ChronoForge Migrates to Abstract Chain, Introducing $CHRONO Token

ChronoForge, the web3 multiplayer RPG, has announced its migration to the Abstract Chain. First built on Immutable X, the team behind ChronoForge shared the news of this major move, stating that the migration plan will be revealed in the coming days. Along with this transition, the game's governance token, $RIFT, will be replaced by a new ticker, $CHRONO.

What Is ChronoForge?

ChronoForge is an action-packed multiplayer RPG built by Minted Loot Studios. The game combines hack-and-slash combat with deep strategic elements. Players take on challenges across different eras, battling enemies from dinosaurs to futuristic space raiders. At its core, ChronoForge isn't just about fighting—it's a social experiment.

In the game, players work in community-led "trading companies," upgrading flying fortresses and crafting high-end gear. Weekly votes within these companies decide critical actions, like banning harmful tech or activating powerful devices called chronoforges. These decisions have real consequences, with some choices risking a global apocalypse.

Why the Switch to Abstract

Abstract Chain is an Ethereum Layer 2 blockchain designed for scalability and user-friendliness. It uses zero-knowledge rollups to batch transactions, reducing gas fees while maintaining security. As an EVM-compatible platform, it allows seamless integration with Ethereum-based tools and provides high throughput for complex dApps.

While the team has not announced specific reasons for the migration, Abstract's focus on scalability, developer tools, and ecosystem growth could make it a compelling choice for blockchain games. Players will have to wait for further announcements to learn the full scope of the switch.

What Is $CHRONO?

The migration to Abstract includes the arrival of a new governance token, $CHRONO. This token will replace $RIFT and serve as the backbone of ChronoForge's web3 ecosystem. Players will use $CHRONO for several in-game functions:

  • NFT Creation and Fusing: Players can convert in-game items into NFTs or combine multiple NFTs to create more powerful assets. The token will also control the rate of NFT production to ensure a balanced economy.
  • Gameplay Governance: Active players who hold significant assets and take part in trading company votes will earn $CHRONO rewards.
  • Third-Party Contributions: Builders who create mods, skins, or other game assets for ChronoForge can earn $CHRONO grants, fostering a growing ecosystem around the game.

$CHRONO's design ensures long-term value, with tokens used in minting and fusing locked in an ecosystem wallet for at least five years.

About Abstract Chain

Abstract is gaining traction as a hub for innovative blockchain games. Built by Igloo Inc., the creators of the Pudgy Penguins NFT project, Abstract bridges the gap between blockchain tech and consumer applications. Its features include:

  • ZK Rollups: Fast, secure, and low-cost transactions.
  • EVM Compatibility: Easy integration with existing Ethereum tools like MetaMask.
  • High Throughput: Handles demanding dApps, making it ideal for games, DeFi, and NFTs.

Abstract's focus on accessibility and its smart contract wallet makes it easy for new users to join and navigate web3 landscapes. The chain is already home to several crypto games, including Duper, Onchain Heroes, and 77-Bit. With ChronoForge joining the list, Abstract continues to cement its position as a leader in blockchain gaming.

What's Next for ChronoForge?

The team has announced that more details about the migration plan will be shared soon. But they have yet to reveal specific timelines or features players can expect during the transition. The latest move signals a major step for ChronoForge as it shifts to a new blockchain and introduces $CHRONO as the core of its web3 economy.

While the team has not disclosed how the migration might impact gameplay or asset management, the shift is expected to align with Abstract's focus on accessibility. Fans are eagerly awaiting the upcoming updates to learn how this move will shape the game's future.

A New Chapter for ChronoForge

The move to Abstract marks a bold step forward for ChronoForge. By choosing a cutting-edge platform, the game is poised for growth in the ever growing world of blockchain gaming. As the migration unfolds, both OG players and newcomers will be watching closely.

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Disclaimer: The information provided on this page do not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the website's content as such. Individuals should do their own research before taking any actions related to the product they read about and carry full responsibility for their decisions.
Posted: 10 Jan, 2025 04:33 • Updated: 10 Jan, 2025 10:20
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