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Akira Ming
Akira Ming
Jan 9, 2025
News

Forgotten Runes Unveils $XP Token to Power Its Fantasy Universe

The web3 fantasy franchise, Forgotten Runes, has introduced $XP, a fungible token set to be the primary currency of its massive ecosystem. From the upcoming MMORPG Forgotten Runiverse to creator-focused projects, $XP promises to change how players and fans interact with the franchise.
Forgotten Runes Unveils $XP Token to Power Its Fantasy Universe

Forgotten Runes is taking a big step forward in its blockchain fantasy world. The project just announced $XP as its official token, tying its massive ecosystem together. Here's all you need to know about $XP, what it means for the franchise, and why it's a game-changer.

What Is Forgotten Runes?

Forgotten Runes is more than a game—it's a decentralized fantasy franchise that combines blockchain with storytelling. It all started with the Forgotten Runes Wizard's Cult, a collection of 10,000 unique Wizard NFTs. Each Wizard comes with its own traits, backstory, and a digital page in the Book of Lore. This on-chain book lets NFT holders contribute stories, art, and ideas, creating a collaborative world.

But the franchise doesn't stop there. Forgotten Runes is branching into comics, games, an animated series, and more. Whether you're into battling monsters, creating lore, or collecting NFTs, there's something here for everyone.

Introducing $XP: The Ecosystem's Primary Currency

The newly announced $XP token is set to be the lifeblood of the Forgotten Runes ecosystem. This fungible token will be the primary currency across its various on-chain and off-chain experiences.

Key Features of $XP:

  • Core Utility: $XP is the main currency powering the entire Forgotten Runes universe.
  • Integration in the MMORPG: $XP will be fully integrated into the upcoming flagship game, Forgotten Runiverse.
  • Monetization: The token aims to play a role in redefining fantasy IP creation and monetization. 
  • Launch via Arcane Foundation: The token will be rolled out through The Arcane Foundation, with more details coming soon.

While specific use cases for $XP are yet to be revealed, the team makes it clear that it will tie together all aspects of the ecosystem, from games to lore creation and beyond.

The Forgotten Runiverse: A Flagship Blockchain MMORPG

The Forgotten Runiverse, launching in 2025, is the franchise's most ambitious project yet. Built on the Ronin Network, this on-chain MMORPG will be free to play, offering players the ability to battle, quest, and craft items.

Key features of the game include:

  • Item Ownership: In-game items will be represented as NFTs, giving players true ownership of their assets.
  • Resource Tokens: Resources within the game will utilize ERC-20 tokens, allowing for seamless transactions.
  • P2E Elements: The game is also designed to keep players engaged with its play to earn mechanics.

With $XP fully integrated into the Runiverse, the token will likely play a role in enhancing player interactions and powering its in-game economy.

On-Chain and Off-Chain Ecosystem

The Forgotten Runes franchise is not limited to gaming—it spans a diverse ecosystem of on-chain and off-chain elements.

On the blockchain side, it features 12 unique NFT collections like Wizards, Warriors, Beasts, and Shadows, each with metaverse-ready assets, including 2D animations and 3D models. Every NFT character also has a dynamic Book of Lore page stored on-chain, allowing the community to shape their backstories. Adding to this is the House of Wizards DAO, a community-driven hub that funds creators, supports projects, and gives members a voice in the platform's direction.

Off-chain, Forgotten Runes brings its universe to life through various media and experiences. An animated series, created by John Wick mastermind Derek Kolstad, and globally available comic books deepen the franchise's storytelling. Fans can also enjoy tabletop games and short lore-based clips. The franchise extends to merchandise, offering clothing and accessories, while fostering social connections through Wizard Wednesday online hangouts, Comic Con, expos, and other in-person events. 

Why $XP Matters

The $XP token marks a key milestone in the evolution of Forgotten Runes. By serving as the primary currency for the franchise, $XP ties together its various components—both on-chain and off-chain. From powering the Runiverse game to backing creator projects within the DAO, $XP is designed to make the ecosystem more dynamic and vibrant.

As the franchise continues to grow, $XP could help drive its ambitious vision forward, ensuring that players, creators, and fans alike have the tools they need to thrive in this universe. 

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: 09 Jan, 2025 03:37 • Updated: 09 Jan, 2025 04:20
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