The Red Village (TRV) is a growing community for gamers who want to indulge in a massive dark fantasy fighting game. Supported by some of the biggest names in the realm, The Red Village is a play-to-earn game funded by Animoca Brands and GameFi Ventures Fund.
The game is based on the lore that Champions must fight their opponents repeatedly to establish themselves as formidable foes in The Red Village under the Blood Queen’s rule and reign. Winners reap the rewards, while those who are defeated suffer the consequences. Still, the champions are never permitted to leave the village.
To participate in games like The Red Village, gamers historically had to purchase the in-game character NFTs and own the characters they can fight with. While some NFT characters may be relatively cheap (think under $100), some are wildly expensive. For many, this was cost-prohibitive, especially as the cost of NFTs continues to rise. It kept them from the games that they truly loved.
To address this issue, The Red Village has teamed up with IQ Labs, a leading digital assets rental technology company from Europe, to allow NFT rentals. IQ Labs is specifically set up with the purpose of improving accessibility to digital assets and creating new user onboarding opportunities for blockchain gaming and NFT projects. Its new NFT rental marketplace, IQ Market, has recently gone live. Moving forward, TRV players can rent their in-game character NFTs on IQ Market at a fraction of the cost. The introduction of this new way of play means that gamers can now play, have fun and earn income without spending a lot of money on in-game NFT purchases.
This monumental pivot in their business model will ultimately make the game even more accessible to those who relish the dark fantasy storylines.
By renting the NFTs from someone who is not currently using them, it lowers the upfront costs that a player has to have prior to commencing their journey. Not to mention, renting NFTs also unlocks extra content for gamers who want the full experience without the investment in blockchain technology.
Also, NFT renting will allow players to try out the game before committing. Notable in games where a player might have more than one character, renting may make more sense until gamers are sure they want to commit to the game long-term. Renting allows them to explore the universe of The Red Village before they make a full commitment to an NFT designed just for the gaming platform.
They can try out the tournament-style fighting games before making the segue into the game’s new expansion with a character that they know and love. This also enables them to save up to get the character that they truly want and to have more knowledge of the characters they would like to play with, effectively sampling other characters to get a feel for the game itself.
For NFT owners, leasing out their NFTs is a great way to earn extra passive income. When someone rents their NFT for The Red Village, they have the opportunity to earn rewards. A cut of their earnings is then shared with the lender to help recoup some of the initial investment in NFTs.
NFT renting bridges the gap between those who have the NFTs and want to earn a little passive income and those who merely want to play and earn. It’s a win-win situation all the way around.
The Red Village is a robust dark-fantasy game that is packed full of fun and challenges for players. Any gamer who has been holding back on playing, because they couldn’t afford the high costs of NFTs, can soon start to rent them instead.
More gamers will be flocking to this pivotal game, so be sure to jump on the rent-to-earn opportunity as soon as possible to kickstart your play experience with a Champion and immerse yourself in the world of The Red Village.