The technology behind Equilibrium Games is built on the XRP Ledger, a decentralized blockchain known for its speed and efficiency. The XRP Ledger, often abbreviated as XRPL, is designed to handle a high volume of transactions with minimal fees, making it an ideal platform for gaming applications where quick and cost-effective transactions are crucial.
Equilibrium Games leverages the Equilibrium (EQ) cryptocurrency within its ecosystem. This digital currency is used for various in-game transactions, such as purchasing cosmetic items, lands, and houses, and even setting up personal markets to sell items. The integration of EQ into the games allows players to earn and export the currency to their wallets, creating a player-driven economy where users can trade directly with each other without relying on third-party market makers.
The XRPL's consensus protocol plays a significant role in preventing attacks from bad actors. Unlike traditional proof-of-work blockchains that rely on mining, the XRPL uses a unique consensus algorithm that requires validators to agree on the order and outcome of transactions. This method ensures that the network remains secure and resistant to double-spending attacks, where a malicious actor might try to spend the same cryptocurrency twice.
Equilibrium Games collaborates with various partners to enhance its offerings. For instance, HODLmon by Double Infinity focuses on monster catching and breeding, while Xscape is developing a VR game with integrated NFTs. HappyCatsNFT is working on producing a HappyCat World. These partnerships aim to bring blockchain technology to a broader range of gaming products, enriching the overall gaming experience.
In the game "World of Equilibrium," a hardcore MMO, and "Wraths Blight," a single-player version with NFT integration, players can engage in activities like owning terrain, charging other players for access, and designing cosmetic items for rewards. This decentralized approach to game economy empowers players to have more control over their in-game assets and interactions.
The XRPL validators secure the Equilibrium network, ensuring that all transactions are verified and legitimate. This decentralized validation process adds an extra layer of security, making it difficult for any single entity to manipulate the network.
Equilibrium Games also features an invisible tax system within its games and marketplace. This system helps replenish the 20% of EQ reserved for in-game earnings, ensuring a sustainable economic model. The total fixed supply of EQ is 100,000,000, with 80% distributed to the community via airdrops and the remaining 20% reserved for in-game rewards.
The use of NFTs in Equilibrium Games adds another dimension to the gaming experience. NFTs acquired on the Equilibrium Games marketplace have effects and gameplay abilities not only in Equilibrium's games but also in the games of their partners. This interoperability of NFTs across different games enhances their utility and value.
Equilibrium Games began trading in August 2021, marking its entry into the blockchain gaming space. The integration of blockchain technology into gaming by Equilibrium Games aims to create a more immersive and economically engaging experience for players, leveraging the strengths of the XRP Ledger to achieve this goal.