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The Calvaria (RIA) presale has raised over $2.6 million, with the play-to-earn (P2E) battle card game now in the final stage of its token offering. With only 13% of RIA coins remaining, interested parties have only a limited window of opportunity to invest early in what may turn out to be the biggest P2E game of 2023.
With the P2E sector forecast to become a multi-billion dollar business in the next few years, Calvaria is well-positioned to profit from a rising interest in earning crypto while gaming. And with innovative game mechanics and the ability to play it without having to hold any crypto, it could reach a wider audience than any previous P2E title to date.
Play-to-Earn Crypto Will Grow to a Multi-Billion Dollar Business And Here’s Why Calvaria Could Come Out on Top
Launched on October 10, Calvaria’s presale has been steadily moving through its targets, reaching $1.35 million by early November and passing $2 million in time for December. Now, in the fifth and final stage of its sale, it has passed $2.6 million, with only 13% of coins left to sell before it closes.
Calvaria has attracted interest because it aims to push the P2E sector forwards in various interesting ways.
Available on PC and mobile app stores, Calvaria distinguishes itself from earlier blockchain-based play-to-earn games in that gamers don’t need cryptocurrency to play it. This makes it an ideal entry point for newcomers to crypto and P2E, since it requires no wallet and no crypto to play.
Accordingly, the game comes in Free-to-Play and Play-to-Earn versions. Regardless of which version you go for, it’s expansive game world is set in a mythical afterlife, where players can earn and upgrade collectible cards used to battle with different factions in the game’s universe.
Calvaria’s universe is divided into different underworlds, each with their own features, characters and cards. The latter are represented as non-fungible tokens (as are other in-game items and assets), while players can also stake the native RIA token to earn rewards.
Other features will include mini-games and a scholarship system, with Calvaria planning to launch its alpha version in the second quarter of this year. Its full launch is expected to take place in Q3 2023, along with the arrival of its own player-versus-player tournaments, which will be streamed online.
As a sign of just how popular Calvaria could become, it already has over 58,000 followers on Twitter. This is very good going for a game that hasn’t even launched yet, and hints at just how big it could grow in the future.
On the subject of growth, the play-to-earn industry is forecast to grow massively in the coming years. For instance, research published last year by Absolute Reports expects the value of P2E NFTs to reach a combined value of $2.8 billion by 2028, with a compound annual growth rate of 20.4% in the next five years.
Given this expected growth, Calvaria is in a very good position to capitalize on rising interest in the play-to-earn sector, as indicated by the fact that its presale is almost sold out.
Presale and Exchange Listings
That said, the sale isn’t quite finished yet, with interested investors still able to participate by going over to Calvaria’s official website and connecting their WalletConnect, MetaMask or KuCoin wallets. From there they can use either USDT or ETH to buy RIA, at a price of $1 for 30.77 RIA.
Support for KuCoin Wallet came only recently, with the exchange’s involvement in the presale hinting that it may be one of the first exchange’s the list RIA, once the sale ends.
Either way, RIA already has various confirmed listings, including on BKex and LBANK Exchange. These will be due in the coming weeks, providing early investors with the chance to make some market-beating profits.
Indeed, 2022 proved that presales can be lucrative even during a bear market. For instance, Tamadoge (TAMA) rose by as much as 1,800% compared to its presale price in October, while Lucky Block (LBLOCK) witnessed an increase as high as 6,000% in February (compared to a sale price of $0.00015 each).
And with Calvaria’s promising fundamentals, RIA has as much chance as the coins above of enjoying similarly high gains. And from there it could become one of the biggest P2E properties in crypto.