Versailles Heroes (VRH) is a competitive Web3 gaming project that uses blockchain technology, NFTs, and crypto tokenomics to provide users with a fast-paced player-vs-player (PVP) gaming experience.
Versailles Heroes focuses on a multiplayer online battle arena (MOBA) concept and builds on the tradition of arena-based games.
Let’s check out the project to discover its benefits for the gaming and crypto markets.
How Versailles Heroes (VRH) Works
Crypto gaming is rising in popularity, and the number of developers launching various types of blockchain gaming projects is rapidly increasing. Versailles Heroes is one of the latest attempts at dynamic blockchain gaming.
Unlike static Web3 games, Versailles Heroes promises to introduce a battle arena-type interface where users battle with each other and use numerous weapons, unique skills, and in-game equipment.
Every player must have a hero who serves as their avatar in the game. These heroes are all unique and are represented by NFTs. Users can purchase or sell these NFTs on the Versailles Heroes internal NFT marketplace.
Additionally, the marketplace allows players to buy upgrades and different equipment to help them get a competitive edge over other players. Players can also purchase mystery hero boxes that contain NFTs of varying rarity levels. There are common, rare, epic, and legendary boxes. Users can also buy NFT weapon boxes containing weapons and other hero accessories.
Versailles Heroes is fast-paced since every battle takes up to a maximum of five minutes. Players don’t have time to waste because they need to engage in combat quickly and try to outsmart each other with their weapons and skills by using the arena environment to their advantage.
With every battle, the player’s hero NFT gains experience, and after reaching a certain amount of experience points, the NFT gets upgraded.
More experienced heroes are stronger in battle and get access to better skills. Additionally, the game has a critical play-to-earn (P2E) mechanism, which uses the VRH token and another token, the Medal of Honour (MOH), to reward players for winning battles.
What Is Versailles Heroes (VRH) Used For?
The critical use case of Versailles Heroes is to provide users with dynamic and fun gaming experiences. However, the game is much more because it uses NFTs and crypto rewards, making things more enjoyable than traditional games.
The hero NFTs allow players to establish a deeper connection with their heroes because they get to truly own their avatars and store them in their crypto wallets. Additionally, players get to develop their heroes over time and get a rank in the Versailles Heroes community based on the number of battles won.
The Versailles Heroes team plans to introduce a DAO that will allow the community to govern the project and decide in which direction they want it to go. That’s why the VRH token is essential. VRH is an Ethereum-based ERC-20 token that acts as the governance token of the Versailles Heroes ecosystem, while MOH is the in-game crypto for battle rewards.
By playing Versailles Heroes, users can profit while having fun because every battle victory incurs a MOH token reward. Users can purchase NFTs and weapon boxes with MOH tokens on the in-game marketplace or exchange MOH for VRH tokens. Additionally, players can use VRH tokens to participate in the Versailles Heroes DAO and engage in DAO mining.
The game itself has several gaming modes. Beginners should start with the Practice Grounds mode to get acquainted with the game’s mechanics. The classic Battle Royale mode lets 12 players battle it out with each other until only one player, the winner, remains.
The Deathmatch 4 v 4 mode allows two teams of four players to battle within the arena, while the Trophies Collection mode requires the two teams to fight for trophy items in the arena. They can even steal trophies from rival players by killing them and taking their items.
Finally, the Inhibitor Rush mode requires the two teams to grab special batteries to charge up their super robot, which will help them destroy the other team’s inhibitor machine.
Where to Buy Versailles Heroes (VRH)?
The only market for VRH tokens, for now, is MEXC Global. MEXC is a classic, centralized crypto trading platform, and you’ll need to create an account before you can buy some VRH.
Once registered, you need to deposit some Tether (USDT) into your MEXC account or buy USDT with fiat currency. When you have some USDT, you can exchange it for VRH.
How Long Has Versailles Heroes (VRH) Been Around?
Versailles Heroes is one of the newest crypto games on the market. The token was launched in late December 2022. However, the project is considerably older since it was founded in the second quarter of 2021 when the team started designing the game and creating the Versailles Heroes economic model.
What’s Controversial About Versailles Heroes (VRH)?
The project is showing some pretty promising features for now, and there haven’t been any controversial events since its launch.
The team has already introduced the VRH and MOH tokens, NFT-purchasing capability, and various additional platform functionalities. The only thing we have yet to see on the market is the actual game, scheduled for the first quarter of 2023.
How Many Versailles Heroes Coins Are There?
VRH has a total supply of 2,424,000,000 tokens, and the current circulating supply is 102 million.
Can VRH Be Mined?
Yes, VRH is a mineable cryptocurrency, but not like traditional Proof-of-Work (PoW) cryptos, such as Bitcoin (BTC). You don’t need expensive mining hardware to mine VRH.
In fact, the only way to mine VRH is by participating in the Versailles Heroes DAO and locking up a certain amount of VRH in gaming guild accounts. The locked-up tokens will engage in what the team describes as “DAO mining.”
Market Cap and Price History of Versailles Heroes (VRH)
Versailles Heroes currently has a 20 million USD market capitalization, and its price fluctuates between 0.2 and 0.21 USD per token. However, at the time of the token’s launch, VRH reached a high of 0.34 USD per token.
Biggest Competitors of Versailles Heroes (VRH)
The arena battle game concept is quite common among traditional mobile games but relatively new among blockchain games. The main competitor of Versailles Heroes in this segment is Thetan Arena (THG). It’s possible that Thetan Arena inspired the VRH developers since it’s already pretty successful in the crypto market.
However, if Versailles Heroes just copies Thetan Arena, it won’t be able to really compete with the game. It remains to be seen whether Versailles heroes will deliver some interesting new features that will make it attract more users than the competition.
What Does the Versailles Heroes (VRH) Project Road Map Look Like?
Versailles Heroes has already introduced various vital features, but we are still waiting for the game’s launch in the first quarter of 2023. Along with the game’s launch, the team will also start the DAO mining feature and issue a new pack of unique hero NFTs.
During the second quarter of the year, the team plans to introduce new gaming modes, while the third quarter of 2023 is reserved for the launch of Versailles Heroes 2.0.
Pros and Cons of Versailles Heroes (VRH)
Pros
- Dynamic gameplay concept with NFTs, crypto rewards, and hero development.
- DAO mining with VRH tokens.
- Users can cash out both VRH and MOH tokens on the market. The tokens aren’t exclusively tied to the Versailles Heroes platform like some other crypto gaming tokens are.
Cons
- The team still hasn’t launch the game itself.
- The game is very similar to Thetan Arena. Even the gameplay modes are nearly identical.