Investors to Be Given Early Access to Outer Ring's Groundbreaking Play-to-Earn Sci-Fi MMORPG

Outer Ring will be a constantly evolving metaverse MMORPG that puts the users first through a player-driven economy. The grand Sci-Fi opera world, with deep and rich lore, will create novel player experiences jam-packed with thrilling unexpected events as the universe grows. It is underpinned by a token-based economy system. Early investors in the world will receive rewards when funding milestones are hit to help them maximize their time spent in the game.

Players can select from five races to play, and join three factions that are warring to control the galaxy and harvest the resources within it. Players are the driving force of the economy in this game and their actions will influence what happens in the world. This is also just the beginning, as the Outer Ring team has laid out an extensive, long-term technical roadmap that gives developers the freedom to keep adding new exciting features as the world matures.

Play-to-Earn is all the rage in blockchain gaming these days - and it’s easy to see why. For so long, games have leached time and money from the players who are the lifeblood of their games. Outer Ring is a game that rewards its players and connects real-world and virtual economies like never before. VR experiences like concerts, events, and mini-games will create unforgettable experiences for participants, although they can be accessed by players who do not currently have VR headsets.

The gameplay loop of Outer Ring takes its inspiration from games like Ultimate Online and Meridian 59. It splices these gaming classics with the innovative advances offered by the blockchain and the possibilities opened up by NFTs. The Outer Ring team believes that the future of gaming is blockchain-based, as it gives opportunities for developers to thrust real-world value into the hands of the players and reward them for growing the ecosystems of their games in what is a mutually beneficial feedback loop. The extensive lore, vibrant social community, and skill-testing action of Outer Ring is aimed to draw players in, while the rewards will keep them there.

The game is currently pre-Alpha. Players who are interested in testing Outer Ring can become investors and get to be part of a private build that the developers are currently working on, and be involved in shaping the direction and the future of the game. The game is already thoroughly backed, with Windex Technologies and their Manic Panda Labs game division investing €1.5 million into the Outer Ring universe. With Nexxyo labs, the team is seeking further equity partners to fund ongoing game development and to bring the vision of the ultimate blockchain Sci-Fi MMORPG to life.

Investors are in line to receive 40% of profits generated by these activities. Windex is aiming for an investment round of €6 million. The money will be used to build the development team, create partnerships with secondary platforms (such as a marketplace and decentralized exchange), and acquire the resources necessary to make Outer Ring the best it can be. Investors can invest in this first equity round with fiat or crypto assets after passing some KYC checks and signing a contractual agreement. Profit distributions will be audited so that full transparency can be offered to everyone who joins in the round. 

Once finalized, a second investment round will launch that gives access to the Galactic Quadrants (GQ) token. This token is the governance token for Outer Ring and the team plans to sell tokens for $0.05. They aim to raise €5 million through this initiative. 

The ambitious funding plans indicate the confidence and scope the Outer Ring team has in their vision. The plan is to reward both players and investors exponentially as Outer Ring grows its project. Its partners, including DEXTools, DreamBoat Capital, Leit Motiv, Str3dium, Sierra Blockgames, Etherchub, PlayTheGame Agency, and AvStar Capital, have all heavily contributed their expertise to the construction of the Outer Ring MMO. Together with Windex and Nexxyo, Outer Ring’s Sci-Fi MMORPG will bring play-to-earn blockchain to lovers of gaming everywhere, and introduce the next generation to the possibilities of player-driven economies, and the rich, diverse, and ever-expanding universes they create.

About Outer Ring

Outer Ring is a Sci-Fi MMORPG built upon the principles of Play-to-Earn gaming made possible by the blockchain. It’s currently in development by Windex Technologies in partnership with Nexxyo Labs under the Manic Panda Games umbrella. It’s currently seeking investment to get a leg up on the competition in this enthralling new gaming space.

The game runs on a Freemium model, and Early Access is available for every participant in the private and public equity funding rounds. The player-driven economy will offer opportunities to make in-game and out-of-game purchases through an integrated DEX on Outer Ring’s website, as well as allowing players to directly trade through interaction.

<p>The preceding post was written and/or published as a collaboration between Benzinga&rsquo;s in-house sponsored content team and a financial partner of Benzinga. Although the piece is not and should not be construed as editorial content, the sponsored content team works to ensure that any and all information contained within is true and accurate to the best of their knowledge and research. The content was purely for informational purposes only and not intended to be investing advice.</p>

Image Sourced from Monccur PR

Market News and Data brought to you by Benzinga APIs
Posted In: CryptocurrencyMarketsTechMediaMonccur PRPartner Content
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...