REGNUM: Building a Faster, Smarter, and Safer Marketplace

What is REGNUM

Friends, imagine a digital world that’s not just a game, but more like a virtual kingdom co-owned and built by its players. In this kingdom, you can own your own land, build your own home, and even create your own stories. REGNUM (abbreviated as REG) is such a project—a decentralized metaverse game based on blockchain technology.

Simply put, REGNUM is like a massive online sandbox game, but unlike traditional games, everything you own in the game—such as land (NFT Lands)—is truly your digital asset, not something dictated by the game company. You can create and experience content in this 3D virtual space, and even earn rewards through your participation.

Core Scenarios:

• Own Digital Land: Players can purchase virtual land in the game, which exists as non-fungible tokens (NFTs) and is unique.
• Create and Build: On your own land, you can construct various buildings and create your own kingdom.
• Play and Explore: Participate in the game, experience its storylines and interactions.
• Earn Rewards: Through the “Play & Earn” model, players have the opportunity to earn token rewards in the game.

Typical User Flow:

Imagine first purchasing a piece of REGNUM NFT land through a digital marketplace. Then, you enter the game and begin your building journey on that land—perhaps constructing a castle or a farm. During this process, you might take part in game quests, interact with other players, and even use your creativity to attract others, thereby earning in-game token rewards.

Project Vision and Value Proposition

The vision of REGNUM is to create a decentralized metaverse kingdom game where players truly own their assets and experiences in the digital world. The core problem it aims to solve is the lack of player ownership over game assets in traditional games. In many traditional games, the items and skins you purchase actually belong to the game company, and if the game shuts down, your investment may vanish. REGNUM uses blockchain technology to turn these digital assets into NFTs that you truly own, granting players real digital sovereignty.

Key Differences from Similar Projects:

REGNUM emphasizes that it is the first decentralized kingdom metaverse game built on Binance Smart Chain (BSC). This means it leverages BSC’s efficiency and relatively low transaction costs to provide a smoother experience for players. Additionally, it focuses on the “kingdom” theme, allowing players to build and develop their own kingdoms and participate in battles and economic systems within this virtual world.

Technical Features

The REGNUM project is built on the Binance Smart Chain (BSC). Binance Smart Chain is a high-performance blockchain platform known for its fast transaction speeds and relatively low fees.

Technical Architecture:

• Blockchain Foundation: Binance Smart Chain (BSC) serves as the underlying infrastructure, handling all transactions and asset ownership records.
• Non-Fungible Tokens (NFTs): Unique assets in the game, such as land and buildings, exist as NFTs. NFTs are like digital “property certificates” or “art certificates,” proving your ownership of a unique digital item.
• 3D Virtual Space: Provides an immersive 3D gaming environment where players can freely explore and interact.

Consensus Mechanism:

Since REGNUM runs on Binance Smart Chain, it inherits BSC’s consensus mechanism, namely Proof of Staked Authority (PoSA). PoSA is a mechanism that combines features of Proof of Stake (PoS) and Proof of Authority (PoA), maintained by a set of pre-selected validators who must stake a certain amount of tokens and earn community trust. This enables BSC to achieve high throughput and low latency.

Tokenomics

The core token of the REGNUM project is $REG. Its tokenomics are designed to incentivize player participation, maintain the ecosystem, and provide liquidity.

Basic Token Information:

• Token Symbol: $REG
• Issuing Chain: Binance Smart Chain (BSC)
• Total Supply: 10 billion $REG tokens issued at genesis.
• Issuance Mechanism: In addition to the 10 billion at genesis, an extra 15% of tokens will be issued as “Play & Earn” player rewards.

Token Allocation:

• Presale: 45%
• Liquidity: 28% (GitHub mentions 30% for liquidity)
• Play & Earn: 15%
• Team: 5%
• Marketing: 5%
• Burn: 2%

Token Utility:

• Purchase NFT Land: Players need to use $REG tokens to buy NFT land in the game.
• In-Game Transactions: Serves as the main in-game currency for purchasing items, services, etc.
• Rewards: Players can earn $REG token rewards by participating in the game and completing tasks.

Token Allocation and Unlock Information:

According to the allocation ratios, the presale portion will be released during the public sale. Team and marketing tokens typically have a lock-up period and linear vesting to prevent early dumping, though specific details are not fully disclosed in current materials. Play & Earn tokens are distributed gradually based on player performance in the game.

Team, Governance, and Funding

Core Members and Team Features:

REGNUM is developed by Razor Studio. The materials do not list specific individual core members, but Razor Studio, as the development team, is responsible for the overall design, development, and operation of the game.

Governance Mechanism:

Currently available information does not explicitly mention a decentralized governance mechanism for REGNUM (such as DAO voting). As a decentralized metaverse game, it may gradually introduce community governance in the future, allowing $REG token holders to participate in major project decisions.

Treasury and Funding Runway:

Some token allocation is reserved for the team and marketing, typically used for project development, operations, and promotion. Additionally, the presale and liquidity pool provide initial funding for the project. Detailed information on treasury reserves and operational runway has not been disclosed.

Roadmap

REGNUM’s roadmap outlines its development plan from Q1 to Q4 of 2022.

Key Historical Milestones and Events:

• Q1 2022:
  • REGNUM map navigation, website design.
  • Partnership with NFT marketplace AirNFT.
  • Creation of social media accounts.
  • Creation of NFT land and characters.
  • Playable game demo for investors.
  • Creation and coding of $REG token.
  • Release of tokenomics and whitepaper.
  • Completion of KYC and Coinscope audit.
  • Presale and launch on Pancakeswap.
  • Listing on CoinMarketCap and Coingecko.
• Q2 2022:
  • Reached 10,000 $REG holders.
  • NFT trading volume reached 50 BNB.
  • Half of REGNUM map sold.
  • Marketing on YouTube investment channels.
  • Airdrop events, NFT land reward events.
  • Creation and sale of NFT buildings, NFT REGNUM region flags.
  • Application for CEX listings, such as Hotbit, crypto.com.
• Q3 2022:
  • Early access to REGNUM game.
  • 333 NFT owner players.
  • Multiplayer integration.
  • Console-VR integration.
• Q4 2022:
  • REGNUM game released to all players.
  • NFT land Polygon Cells system.
  • Addition of new game features.
  • Reached 33,300 players.

Future Key Plans and Milestones:

Currently available public roadmap information ends at Q4 2022. Further development plans are not detailed in existing materials. Typically, an active blockchain project will continue to update its roadmap to show future directions and goals.

Common Risk Reminders

Investing in any blockchain project carries risks, and REGNUM is no exception. Here are some common risk reminders—please pay close attention:

• Technical and Security Risks:
  • Smart Contract Vulnerabilities: Although the project mentions an audit (Audit by Coinscope), smart contracts may still have undiscovered vulnerabilities that could lead to asset loss.
  • Platform Risks: Binance Smart Chain itself may face technical issues or security attacks, affecting all projects on it.
  • Game Development Risks: Game development is complex and may encounter technical challenges, delayed releases, or poor user experience.
• Economic Risks:
  • Token Price Volatility: The price of $REG tokens is affected by market supply and demand, project progress, macroeconomics, and other factors, and may fluctuate sharply, posing investment loss risks.
  • Liquidity Risk: If market demand for $REG tokens is insufficient, it may result in poor liquidity and difficulty buying or selling.
  • “Play & Earn” Model Sustainability: Many Play-to-Earn games face long-term sustainability challenges and require continuous influx of new players and capital.
• Compliance and Operational Risks:
  • Regulatory Uncertainty: Global regulations on cryptocurrencies and NFTs are still evolving, and future policy changes may impact project operations.
  • Competition Risk: The metaverse and blockchain gaming sectors are highly competitive; REGNUM must continually innovate to stay competitive.
  • Team Execution Risk: The team’s execution ability, project management, and community communication are critical to project success.

Not Investment Advice: The above information is for reference only and does not constitute investment advice. Before making any investment decisions, be sure to conduct thorough independent research (Do Your Own Research, DYOR) and consult a professional financial advisor.

Verification Checklist

To gain a more comprehensive understanding of the REGNUM project, you can further verify and research through the following methods:

• Blockchain Explorer Contract Address: Look up the $REG token’s contract address on Binance Smart Chain via BSCScan and check token holder distribution, transaction records, etc.
• GitHub Activity: Visit Razor Studio’s GitHub repository (such as `RazorStudio/regnum`) to review code update frequency, number of contributors, and community feedback to assess development activity.
• Official Whitepaper: Although search results mention a whitepaper, it’s best to find and carefully read the full official whitepaper to understand the project’s vision, technical details, and economic model.
• Official Website and Social Media: Visit the project’s official website (such as `http://razorstudio.io`) and social media platforms (Twitter, Telegram, Medium, etc.) for the latest announcements, community discussions, and project updates.
• Audit Report: Look for audit reports published by Coinscope or other third-party organizations to understand the security assessment of smart contracts.
• KYC Report: If a public KYC report is available, you can learn about the identity verification of team members.
• Game Demo: Try out the project’s game demo (such as `https://play.razorstudio.io`) to get a direct feel for game quality and user experience.
• NFT Marketplace: Visit its NFT marketplace (such as `https://market.razorstudio.io`) to learn about the types of NFT assets, trading activity, and prices.

Project Summary

REGNUM is a decentralized metaverse kingdom game built on Binance Smart Chain, aiming to give players true ownership of their digital assets through NFT technology. It offers a 3D virtual world where players can buy land, build kingdoms, participate in gameplay, and potentially earn $REG token rewards through the “Play & Earn” model.

The project’s tokenomics design includes $REG token allocation mechanisms for presale, liquidity, player rewards, team, and marketing. The roadmap shows active development in 2022, including token issuance, listings, game testing, and official launch milestones.

However, like all blockchain projects, REGNUM faces technical, economic, and compliance risks. Before participating, it’s recommended to conduct in-depth research and assess your own risk tolerance. Remember, the above content is for project introduction only and does not constitute investment advice. For more details, please conduct your own research.