Taiwanese gaming powerhouse Mooneen has taken the Philippines by storm with the official launch of its groundbreaking blockchain-based play-to-earn (P2E) sensation, “Rise of Elves.” The game has soared to prominence across multiple international markets, captivating gamers from Japan, South Korea, Taiwan, Hong Kong, Vietnam, Thailand, and Singapore. At present, the game boasts an impressive player base of over 66,000 enthusiasts who have enthusiastically embraced its immersive virtual world.
The grand unveiling on Philippine soil underscores Mooneen’s strategic ambition to solidify its presence in the archipelago, where the gaming industry is rapidly gaining momentum. The Philippines, in particular, has risen to prominence in the world of Non-Fungible Tokens (NFTs) and gaming, clinching the fourth spot out of 26 countries in the NFT Gaming Adoption Report issued by the global fintech platform Finder in 2022.
“The Philippines is the first launch market that we have chosen. Besides having a substantial player base familiar with blockchain games, we also aim to make the in-game ecosystem more vibrant by welcoming Filipino players into our community. When we initially designed the game’s economic model, we made critical adjustments to prevent the issues faced by other similar games. We’ve implemented a three-token model to ensure a sustainable cycle where the player needs and rewards circulate back into the game itself,” according to Johnson Chan, Mooneen Blockchain Architecture Development & Strategy Research Specialist.
“Rise of Elves” (ROE) transports players into a captivating virtual realm underpinned by the Polygon blockchain. Here, gamers are introduced to enchanting beings known as “Elves.” These in-game characters are ingeniously represented as NFTs, which players can collect and trade on the game’s dedicated marketplace, converting digital treasures into real-world profits.
Diving into the gameplay, ROE offers two distinct modes — Player-Vs-Player (PVP) in the “Arena” and Player-Vs-Environment (PVE) in the “Adventure.” The game’s innovation shines through with the “Evolve” feature, enabling players to enhance their Elves and potentially unlock more potent teams, thereby generating additional NFTs for trading in the marketplace.
Each Elf takes on the form of a unique NFT, comprising seven distinct parts: Body, Top, Ears, Eyes, Back, Chest, and Tail. These individual components imbue the Elves with varying characteristics that affect their performance in battle. Gamers can also integrate “Heroes” into their Elf squads, adding an extra layer of strategy to their gameplay.
What sets ROE apart is its stellar collaborations. Boxing legend Manny “PacMan” Pacquiao has lent his iconic image to an exclusive in-game hero design and a collection of 200 different Manny Pacquiao NFTs. The game also features NFT partnerships with popular gaming content creator Aningning and a prominent member of Team Payaman YOW, further enriching the gaming experience.
In the realm of cryptocurrency, ROE introduces three distinct tokens that players can earn and trade for substantial profits. The ROE coin serves as the game’s governance token, enabling players to have a say in new developments. Players receive ROE as a reward for their achievements in the Arena, including high placements on the tournament leaderboards.
The Crystal Of Element (COE) coin functions as Rise of Elves’ in-game currency, earned through gameplay in both the Adventure and Arena modes. Both ROE and COE tokens are essential for the evolution of new Elves, adding a strategic dimension to the game. The Magic Book (MGB) coin is dedicated to acquiring Heroes and can be obtained exclusively through the Adventure mode or purchased from the marketplace.
“Rise of Elves” has set sail on an exciting journey in the Philippines, captivating gamers with its groundbreaking P2E concept and innovative NFT integration. As Mooneen’s ambitions soar higher, the future of blockchain gaming in the Philippines looks brighter than ever. Stay tuned as “Rise of Elves” takes the nation by storm, one NFT at a time.