Quest – Earlybirds Invest https://earlybirdsinvest.com Latest Crypto News Tue, 29 Jul 2025 16:13:41 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.7 https://i0.wp.com/earlybirdsinvest.com/wp-content/uploads/2024/12/cropped-New-Project-2024-12-17T235703.455.png?fit=32%2C32&ssl=1 Quest – Earlybirds Invest https://earlybirdsinvest.com 32 32 240146708 SharpLink’s quest for 1 million Ethereum boosted by $3 million staking yield https://earlybirdsinvest.com/sharplinks-quest-for-1-million-ethereum-boosted-by-3-million-staking-yield/ https://earlybirdsinvest.com/sharplinks-quest-for-1-million-ethereum-boosted-by-3-million-staking-yield/#respond Tue, 29 Jul 2025 16:13:40 +0000 https://earlybirdsinvest.com/sharplinks-quest-for-1-million-ethereum-boosted-by-3-million-staking-yield/

SharpLink has generated approximately $3 million in rewards from staking its 438,190 Ethereum holdings, according to a company update released on July 29.

According to the firm, it has leveraged staking rewards and equity issuance to expand its ETH treasury during the past week. To date, the company has earned 722 ETH, worth around $2.7 million, through staking activities alone.

Last week, the firm also acquired 77,210 ETH, valued at about $295 million, for its reserve.

SharpLink Ethereum Purchases
SharpLink Ethereum Purchases (Source: CryptoQuant)

This has helped push the Ethereum-focused firm to now hold 438,190 ETH, placing the total value of its reserves at roughly $1.687 billion based on the current market price of $3,849 per ETH.

The company revealed that it has moved 44% closer to its long-term goal of acquiring one million ETH.

Meanwhile, SharpLink’s Ethereum holdings are also generating a sizable unrealized gain.

SharpLink Ethereum Treasury Reserve
SharpLink Ethereum Treasury Reserve (Source: CryptoTreasuries)

The company currently sits on an estimated $400 million in unrealized profit as a result of its dollar-cost-averaging strategy.

]]> https://earlybirdsinvest.com/sharplinks-quest-for-1-million-ethereum-boosted-by-3-million-staking-yield/feed/ 0 50329 RavenQuest Launches $QUEST Following Early Game Momentum https://earlybirdsinvest.com/ravenquest-launches-quest-following-early-game-momentum/ https://earlybirdsinvest.com/ravenquest-launches-quest-following-early-game-momentum/#respond Thu, 03 Apr 2025 13:41:29 +0000 https://earlybirdsinvest.com/ravenquest-launches-quest-following-early-game-momentum/

Tavernlight Games has officially launched the $QUEST for its MMORPG title RavenQuest on April 3 via Immutable zkEVM, following the game’s public release on PC just three weeks prior on March 14.

This comes after a notable early performance from the game, which has recorded over 1.74 million in-game transactions, more than 1.65 million Twitch views, and over $349,000 in NFT volume.

Unlike other blockchain games, the $QUEST token is launching into an already active live game environment and its functions are tied to in-game systems from the outset.

RavenQuest Launches $QUEST Following Early Game Momentum
Source: RavenQuest

What is $QUEST?

$QUEST is the primary utility token within RavenQuest, used for a range of gameplay-related transactions. It underpins several in-game systems and offers players ways to engage with the economy beyond standard in-game currencies.

Functions of $QUEST include:

  • Trading items through the Auction House
  • Crafting equipment and consumables
  • Purchasing cosmetics
  • Managing land ownership
  • Enhancing abilities and equipment
  • Exchanging with in-game Silver Coins

Players earn Silver Coins through core gameplay—including quests, crafting, PvP combat, and estate management—and can exchange these for $QUEST through a peer-to-peer system with all transactions conducted gas-free via Immutable zkEVM.

The total token supply is capped at 1 billion $QUEST with the distribution split across six categories and the largest share (54.25%) is allocated for in-game ecosystem rewards. This allocation supports ongoing player incentives tied directly to gameplay participation.

  • Development & Marketing: 16.75% (167.5M tokens)
  • Team: 12.5% (125M tokens), with a 4-month cliff and 50-month vesting
  • Value-Add Partners: 9.5% (95M tokens), 4-month cliff
  • Liquidity: 5% (50M tokens), all unlocked at token generation
  • Advisors: 2% (20M tokens), 6-month cliff

A total of 7.5% of tokens were unlocked at TGE, equating to 75.05 million $QUEST in circulation at launch and is now trading at $0.12 according to data from CoinGecko.

RavenQuest Launches $QUEST Following Early Game Momentum
Source: RavenQuest

What’s next for RavenQuest?

Since launch on March 14, RavenQuest has recorded over 1.74 million in-game transactions, $349,000+ NFT marketplace volume, 3.78 hours average daily playtime, 1.65 million+ Twitch views and 21,000+ new Discord members.

Tavernlight Games has outlined several plans for ongoing development, including a mobile version of the game, expansion of guild mechanics and PvP features, introduction of new professions and progression content and potential token buybacks.

The studio has not yet confirmed a fixed roadmap for these updates but says the mobile version is a key priority. Further use cases for $QUEST are expected as additional systems are implemented.

]]> https://earlybirdsinvest.com/ravenquest-launches-quest-following-early-game-momentum/feed/ 0 28782 $1 Million Quest Rewards: Immutable and YGG to Bring Big Wins to Web3 Gamers https://earlybirdsinvest.com/1-million-quest-rewards-immutable-and-ygg-to-bring-big-wins-to-web3-gamers/ https://earlybirdsinvest.com/1-million-quest-rewards-immutable-and-ygg-to-bring-big-wins-to-web3-gamers/#respond Sat, 01 Mar 2025 00:25:26 +0000 https://earlybirdsinvest.com/1-million-quest-rewards-immutable-and-ygg-to-bring-big-wins-to-web3-gamers/

Immutable, the blockchain gaming giant, recently partnered with Yield Guild Games (YGG), and they have committed to reward players with $1 million through questing incentives. The aim is to make Web3 gaming more accessible and rewarding for players, developers and gaming guilds.

YGG leads as a top blockchain-based gaming guild protocol, and the partnership combines Immutable’s technology with YGG’s player-focused community model to create more opportunities in the Web3 gaming ecosystem. At the heart of this partnership is YGG’s integration of Immutable’s Passport, a user-friendly self-custody wallet, and its zkEVM scaling solution, which will roll out in early 2025.

The partnership also sees Immutable sponsoring the YGG Play Summit, which began November 19th and includes the first-ever in-person GAM3 Awards, held in Manila on November 22.

Guild Games with Immutable

Immutable is a blockchain solution using Zero-Knowledge Rollups technology that powers secure, fast and low-cost transactions for Web3 games. Efficient and scalable, Immutable is the go-to platform for popular games like Immortal Rising 2, Pixelmon and Arena of Faith.

One of the titles is Guild of Guardians, a mobile RPG designed for teamplay. Guild of Guardians had over one million pre-registered players, making it one of the most promising games in Web3 and is available on Android and iOS.

In the Philippines, YGG Pilipinas is a key driver of GOG’s growth and actively promotes the game through video tutorials, referral codes and leaderboards.

Web3 Gaming in the Philippines

The Philippines has emerged as a global leader in Web3 gaming, supported by a strong gaming culture and widespread interest in Web3 gaming tech. Play-to-earn (P2E) games like Axie Infinity introduced many Filipinos to blockchain gaming during the COVID-19 pandemic.

P2E games have faced challenges like the Axie Infinity hack in 2022, but they have shown the economic potential of blockchain gaming. This momentum is driven forward by communities like YGG Pilipinas, which is still promoting Web3 gaming through events and initiatives.

YGG Pilipinas, a community of over 95,000 gamers, has also been building local industry relationships by organizing summits that bring together developers, creators and even government representatives.

Player Engagement

Yield Guild Games is aiming to redefine player engagement with its Guild Advancement Program, which allows gamers to progress, earn rewards and be active participants in the Web3 ecosystem. The program is designed so players have clear paths to success, and YGG tokens incentivize participation and loyalty.

Web3 gaming guilds are communities where players team up to share resources and earn rewards in blockchain games. They provide access to in-game assets and support, making it easier for members to succeed in play-to-earn environments.

Events like the YGG Play Summit, which Immutable, among others, sponsors, show new games and bring together developers, gamers, and blockchain enthusiasts. The summit offers a packed agenda, including a three-day expo highlighting the latest Web3 games, a one-day conference featuring insights from over 50 thought leaders, esports tournaments with impressive prize pools, and fun side events like cosplay competitions and community meet-ups.

Immutable and YGG’s Future

Developers now have Immutable’s tech, and YGG has the community support to introduce new games and retain players. Meanwhile, the $1 million questing rewards will keep players at the centre of this evolving ecosystem.

The partnership also empowers game ambassadors who advocate for new games within their communities. This will not only increase engagement but could set the foundation for long-term success in Web3 gaming.

Editor’s note: Written with the assistance of AI – Edited and fact-checked by Jason Newey.

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