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Bravo Loan raised $3 million to develop BR1: Infinite Royale, an endless battle royale game that uses non-fungible tokens (NFTs).
The skill-based game uses a “win-to-win” model where players wager money to compete in a battle royale match and earn tokens for every kill they make.
The title marries NFT technology and smart contract automation. Investors include Solana Ventures, 6th Man Ventures, Capital Shima and Fractal CEO Justin Kan. The funding will be used to accelerate the development of games and software.
BR1: Infinite Royale is a risk-based shooter where players pay $1 to appear in the game. They can earn tokens in Solana’s SOL cryptocurrency for every kill they get.
“Once you start betting on your performance in a game, you never get the same level of excitement unless you still have that level of financial risk,” said Bravo Ready CEO Evan Ryer. , based in Montreal, in an interview with GamesBeat.
“It’s not just a new game, it’s a new way of playing. It fundamentally reinvents the financial side of gaming,” said Ryer. “Our mission is to be at the intersection of great games that people love and a business model that will deliver value for all stakeholders, whether you’re a Whether you’re a gamer, audience member, content creator or gaming investor, the BR1 ecosystem is designed to drive incentives and rewards while creating a truly next-level gaming experience.
The Montreal company has 18 employees and started operations about two years ago at the start of the pandemic. The team is scattered.
“We at Solana Ventures are very proud to support Bravo Ready and BR1: Infinite Royale, one of the first shooters to go live on Solana,” said Justin Barlow, Senior Partner at Solana Ventures who led the BR1 agreement and is also an advisor . to the BR1 team. “BR1 introduced an action-packed game that redefines the rules of the Battle Royale genre, combining utilitarian NFTs with high-quality artwork and graphics. We look forward to supporting the BR1 team in their mission to bring Solana games to the masses.
“By combining risk-based tokenomics with working NFT characters and assets, BR1 is redefining what it means to be a blockchain game and raising much-needed industry standards,” said Yida Gao, General Partner of Shima Capital. a press release. † “Rarely do we see a team shipping a quality product as quickly as BR1 and we are excited to roll up our sleeves to support the founders and the entire team in their next phase of growth.”
Serge Kassardjian, General Partner of 6th Man Ventures, said in a statement, “We are excited to support BR1, as the gameplay and economy were unlike anything we’ve seen today in the ecosystem to earn. The passion of the community is incredible and surpassed only by the founders’ passion for the game, they are building an exciting new way to change fighting games, and we couldn’t be happier to see this team win the game.
Ryer had a degree in accounting, but wasn’t particularly fond of it. Instead, he had put thousands of hours into the game. One of his clients hired him to optimize a Bitcoin mine accounting.
“At a young age, I had this great opportunity to buy a ton of graphics cards for pennies of the dollar,” he said. “And I was trying to build a cloud gaming solution and I had these huge ambitions. And let me tell you, I was devoured by Google Stadia, Shadow, and GeForce Now. I barely got out with the skin on my back.
Then he started a company with his best friend where they automatically track a player’s performance in video games and let them bet on their performance with automatic payouts. The social gaming company moved from its basement to the Toronto Stock Exchange and sold it to React Gaming.
“It was a great experience,” Ryer said.
He used the money to start a web3 game company called Bravo Ready.
“This company was built on a real value proposition that was missing in gaming when I was growing up, which was liquidity and things that were proven to be fair,” he said.
He grew up playing games like World of Warcraft and RuneScape. But the problem in those games is that the items weren’t really rare. They weren’t demonstrably fair, he said. Companies couldn’t keep track of how many swords had and had no way of getting cash.
“I hated to spend thousands of hours in these games, and I had this character I built or these items and it was a waste of time,” he said.
The company released the alpha version of its game in January, before releasing NFTs.
The game has no timer or start time or end time. You pay to appear and you start at the edge of the map. There can be up to 300 players on the map. You go downtown to get better access to weapons, ammunition, and equipment. Topography limits your ability to get back to the edge, and so it forces a concentration of players in the center of the map, where the real looting and shooting begins.
Taking out another player will give you either their spawn fee or the highest of 10% of their total stack. When you are eliminated, you keep 85% of your winnings. Then you have to pay to respawn.
The game has no beginning or end as players can spawn at any time, and the map is a giant island that supports hundreds of players spawning around the edges and moving toward the center. The survival style gameplay puts new characters away from other players with little access to items such as weapons, ammunition, consumables or equipment, but towards the center of the island they encounter a higher frequency of players and items.
One of Bravo Ready’s key innovations is a generative character rendering pipeline to produce an infinite number of unique characters. By using a proprietary row to randomize textures, colors, and patterns, each mesh in the character model gets its own unique set of combinations. Once these characters are generated, the collection is complete and these characters are displayed in-game for each owner of the NFT.
Are players going for it?
It’s not the prettiest shooter, but it’s suitable for hardcore gamers.
Ryer said he’s been thinking a lot about why hardcore gamers seem to be against NFTs and see them as scams. He thinks gamers who get older will continue to play video games, but they seek more thrills, the ones that carry financial risk. His game is made for them.
“It’s a new type of game and with it the burden of education,” he said. “If I know it exists, based on the value of my speculative time, I want to take financial risk and participate in it. As for the game we’re building, it’s designed for an aging population. We understand that we have the burden of bringing in real players.
Ryer believes crypto infrastructure builders will provide ease of use in the coming year when it comes to wallets and other technical hurdles that keep people from playing now.
NFTs add a different kind of utility. The company will sell 10,000 NFTs that will allow players to participate in competitions. You can rent one of these NFTs and play a game for 10 cents. That’s a pretty low rental price compared to the $1 entry fee. People with multiple agents can rent them out to other players and they get a share of the profits. It builds excitement for the game and helps acquire users, he said.
“Other players can come and play my game. And you get paid to help them achieve that,” Ryer said.
To help the game grow, the company has entered into agreements with player guilds in the blockchain gaming space.
“If you’re good at this game, you get paid to play,” Ryer said, noting that it works especially well for streamers. “Your audience will love that this is a game based on financial risk.”
Jon Cohen, CTO of Bravo Ready, said in a statement: “In Web3 games, the game must always come first and the business model must support the game. Delivering tangible value to the time players spend in video games requires that people want to spend their time playing this game on a daily or weekly basis.Without a fun game that appeals to a wide audience, the best thought out business model will crumble with little demand.
Ryer emphasized the uniqueness of the game.
“No one has played a game like this before,” Ryer said. “And our game makes your heart beat outside your chest. You immediately spawn the equivalent of poker on your tail pocket aces. The only difference is that if you lose that hand, you keep 85%.
The game calculates your winnings and immediately sends them to you. It’s like an old arcade machine spitting out tickets. The map is large enough for all 300 players, so it has a smaller 50-player freemium version that the company will use to recruit users.
The company uses the Solana blockchain because it is more energy efficient and can handle more transactions. As for gamers, Ryer said the people who play in this space today are not gamers. They are more speculators and NFT buyers.
“We’re tasked with bringing real players into space and we’re excited about that,” Ryer said. † “We are at the border. This is the landscape as it currently appears in Web3 games.
Go to https://discord.com/invite/br1metaverse to play the game.
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