9 investors back 'create-to-earn' metaverse demo

Metaverse game developer and publisher Bisonic launched the first playable demo of its Forgotten Runiverse on Monday, a massive multiplayer online role-playing game (MMORPG) based on the NFT collection Forgotten Runes Wizard’s Cult.
The game has been in development since late last year in cooperation with blockchain studio Machine Magic. While the company is hoping for a V1.0 release in early 2023, it said in a statement that it wanted to give players an “early look” at the platform.

Players will be able to explore the game’s different regions and hunt for frogs in the Runiverse. These frogs will grant in-game power-ups and an improved spot on the allow list for the upcoming land sale.
Forgotten Runiverse is one of several projects that have started marketing themselves as “create-to-earn,” an alternative to the popular but struggling play-to-earn monetization model that focuses on rewarding players who add value to the community through the creation of items and use of land.

The launch follows a private land sale announced in April led by Swiss crypto fund Dialectic. Seven Seven Six, founded by Reddit co-founder Alexis Ohanian, also joined the initial investment round, alongside Libertus Capital, Kenetic Capital, Placeholder, 1confirmation, Wenew Labs, No Goat Milk (Future Corp) and crypto Twitter anons Fiskantes, Deeze and Soby.

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