Swords of Blood Project Overview

Swords of Blood is a unique RPG role-playing game that combines hack and slash mechanisms (action games that emphasize cold weapon combat) with the Polygon blockchain, and brings players an unparalleled gaming experience through highly detailed game graphics, AAA-quality graphics, animation effects and smooth gameplay. With stunning art, engaging gameplay and various modes, including dungeon exploration, mini bosses, single-player expansions, tournaments and 4/8/16-player PvP modes, players can win tokens and valuable NFTs.

Blood Sword was originally released by Artifex Mundi in 2018, and more than $6 million was spent on its development. Subsequently, HitBox Games LLC recently obtained the exclusive rights to release a new version of the Web2 game Blade bound. HitBox will use Blood Sword as a Web3 expansion of Blade bound, integrate its game story background, game mechanics, animation technology, etc. on the blockchain, and provide NFTs for its game assets for trading.

The game aims to attract as many traditional web2 players as possible by removing every potential barrier that many current Play-To-Earn games have. It has multiple play-to-earn mechanisms, but the main way it attracts players is the game itself, its fun factor (Play-To-Win), not just the possibility of making money (P2E). The game design focuses on long-term retention and monetization of players through various mechanisms, modes and features. Every player has the opportunity to earn income by playing games, being active in the community, participating in tournaments, minting legendary items and selling them as NFTs (or GUT Game Utility Tokens - Tournament Tickets).

The project moves away from the "play to earn" (P2E) mechanics and uses an innovative "play to own" (P2O) setup that incentivizes players to have fun and play properly, rather than "grinding" for tokens. This "grinding" has always been one of the main drawbacks of the P2E sector, as it leads to a large portion of players completing only monotonous tasks during long game events - in order to earn a few extra tokens in the quickest way possible. The Blood Sword team has recognized this problem and has addressed it by tweaking the game mechanics so that they remain attractive in the long run.

Swords of Blood has a clearly identified roadmap with a clear completion date. This will help investors keep a close eye on the project's progress. At this stage, Swords of Blood is working towards releasing its closed beta. This will allow industry experts to test the game and assess any potential security threats. The team is also running a pre-sale campaign, which will help fund the project's development.

The public beta will be launched in Q2-Q3 2023, as will its multiplayer testing phase. During this phase, the team will also work on its NFT market development, GUT, game tutorials, and tournaments. By the end of 2023, Blood Sword aims to reach a market cap of $150 million. In early 2024, the mainnet version will be launched. The team also plans to finalize its tournament-based reward distribution and in-game NFT system. Ultimately, the project aims to reach a market cap of more than $450 million by the end of 2024.

Team Background

Swords of Blood was developed by some of the biggest names in gaming and is run by a team of experienced gamers, developers, and blockchain programmers. Every core team member has been verified, ensuring reliable accountability.

  • The project's founder and CEO, James Seamon, has unparalleled experience in the traditional gaming industry, including serving as vice president of business development at East 2 West. Seamon is also the owner of another gaming project, Hit Box Games.

  • Its Chief Operating Officer, Jeremy Brown, has extensive experience in consulting, financial systems and profit maximization, and he has marketing experience for Sony PlayStation and Microsoft Xbox.

  • The development team also includes Mariusz Szynalik, who has more than ten years of experience in mobile game development. Mariusz is the co-founder of Artifex Mundi and has extensive experience in the company's top projects.

  • The project is also working with notable advisors to help guide the project from startup to mass market, including Gate.io Labs, which is backed by one of the world’s largest exchanges.

Game Token Information

For Swords of Blood, although it is a free game, some of the more advanced game content in the later stages must be unlocked by players spending SWDTKN tokens. In the entire game economy, all transactions, including rewards, fees, penalties, etc., will involve the use of SWDTKN tokens. For example:

  • As players progress through the game, there will be specific hero levels that must be paid for using tokens to pass that level, breaking the level cap.

  • Players want to pass a certain threshold of PVE/PVP content, and additional content is unlocked for a fee.

  • Items on the Marketplace, such as materials (gold or gems for upgrading equipment), characters, skins, battle pass GUT, VIP season pass, etc.

In terms of supply, the total supply of SWDTKN is capped at 1 billion. The distribution map and specific distribution information are as follows:

  • 20% - In-game reward system: 0% unlocked by TGE, linearly unlocked over 36 months;

  • 20% - Future development of the project: 0% unlocked by TGE, and released linearly over 36 months;

  • 17.5% - Provide liquidity: 0% unlocked by TGE, 5% unlocked every 30 days;

  • 10% - Treasury reserves: 0% unlocked by TGE, a 6-month cliff release period, and the remaining portion unlocked linearly within 36 months;

  • 10% - Marketing and community building: 0% unlocked by TGE, a 6-month cliff release period, and the remaining portion will be unlocked linearly within 36 months;

  • 10% - Off-chain custodial wallet: 0% unlocked by TGE, linearly unlocked over 24 months;

  • 4% - Team: 0% unlocked by TGE, a 12-month cliff release period, and the remaining portion will be unlocked linearly within 24 months;

  • 3.25% - Pre-sale round: 100% unlocked by TGE;

  • 2.75% - Seed round: 2% unlocked by TGE, with a 1-month cliff release period, and the remaining portion unlocked linearly within 10 months;

  • 2.5% - Advisors: 0% unlocked by TGE, a 9-month cliff release period, and the remaining portion will be unlocked linearly within 24 months;

Swords of Blood Project Financing Information

On November 30, 2022, GamesBeat reported that HitBox Games LLC completed US$1.6 million in financing for the Web3 role-playing game Swords of Blood (Chinese name: Blood Sword). Investors included Fundamental Labs, Gate.io, Master Ventures, Solana Ventures, NFTb, EnjinStarter, etc.

Swords of Blood is an expansion of the previously successful Web2 game Blade Bound in the Web3 field. Blade Bound has been downloaded over 4 million times on the App Store and Google Play.

Something very noteworthy at this time is that the game's SWDTKN token is in the hot presale stage! This new cryptocurrency has attracted the attention of the investment community because it plays a vital role in allocating rewards for skilled games. Investors can purchase SWDTKN at a limited discount through the project presale, which supports purchases using USDT, USDC, ETH and DAI, and supports Metamask and Trust wallets. The presale will be divided into three stages, and the token price will increase between each stage:

  • Presale Phase 1 offers the lowest price, with SWDTKN at just $0.054, until April 8;

  • Presale Phase 2 price: 0.07 USD/SWDTKN, ongoing;

  • Presale Phase 3 price: 0.08 USD/SWDTKN, waiting to be opened;

  • TGE price: $0.10;

Bitcoinist analysis commented that the Blood Sword pre-sale was a huge success, raising $1.1 million even in the first phase, proving that the sensation of the game is real. With the arrival of the second/third phase, the price of the token will rise from $0.054 to $0.07/0.08. The popularity of this pre-sale highlights the potential of Blood Sword to become one of the leading GameFi games on the market.

In addition, Swords of Blood will also conduct an IDO on its partner Enjinstarter, which is expected to take place in April. As of today, no date has been determined. For more latest information, please follow the official Twitter account of Swords of Blood.

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