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What Is Realital Metaverse (RETA)?
Realital Metaverse is a platform for operating a sustainable Play-to-Earn model and games to which it is applied. The P2E system is the heart of the metaverse, but for it to have real value, it must be persistent. To this end, we need to have a way to keep paying P2E rewards to players. That means someone has to keep putting in the capital. So, Realital Metaverse redistributes the revenue generated by the game to P2E players and RETA holders. Through this, profits from increased consumption in the ecosystem are shared between the company, users, and RETA holders. RETA is the governance token of this system, and we call this ecosystem 'Retaverse'.
Many P2E ecosystems to date have not truly considered token holders. To them, it was just an ‘immediate sale’. However, the vitality of the governance token greatly affects the sustainability of the P2E ecosystem.
So, we studied governance tokens that can directly intervene in the P2E circulation structure. $RETA is the governance token of our ecosystem running on the BSC chain. In the world we have constructed, RETA holders gain the true value of ‘governance’ by directly sharing the benefits of the ecosystem cycle.
What is Reta Wars?
Reta Wars is the first game in the Retaverse ecosystem. It is a Play-to-Earn game in which the winner of the daily battle against an enemy faction gets more rewards.
Players can choose one of the two factions, then use the NFT heroes they collect to earn money by digging for resources, or they can support their factions in war for greater profits.
All war procedures are conducted through voting among faction members, and resource prices and profitability vary depending on the success or failure of the war. It's like two DAO playing a war game to increase each other's profitability.
Who Are the Founders of RETA?
ⓒRealital is a company established by Lee Jungpyo, a former Tencent full-stack developer, and a team of developers from Netmarble (Seven Knights 2) and Vespa (King's Raid).
A smooth and organic P2E model - that is, a business structure that redistributes corporate profits to users was judged to be difficult to implement with the existing company's BM view, so we established the company to start all over again in line with the paradigm.
We successfully completed the private sale last December and started development in earnest. Currently, we have an HQ in St. Vincent Grenadines and a Dev office in Seoul Korea and we are preparing for service.
