Blockchain gaming studio Pixion Games has officially introduced the Fableborne Kingdoms NFT, revealing its utility and showing how it ties into the upcoming $POWER token while teasing that the NFT mint is coming soon on the Ronin network.

What Is Fableborne Kingdoms NFT?

Fableborne Kingdoms NFT is a new asset in the world of mobile gaming IP Fableborne that will give players another way to earn $POWER tokens. Pixion Games Founder Kam Punia describes the upcoming new NFT collection as a "gamified NFT meta-layer" that is tied to seasons in the free to play title.

With an initial supply mint of 7250, this 2nd NFT collection under the same IP looks set to play a crucial role in the web3-powered action RPG and strategy hybrid. Divided into 7 different rarities and multiple tiers, holders will not only be able to use their assets in-game as castles to fortify with varied defenses, but owners will also be able to take advantage of upgrade paths and enjoy numerous exclusive benefits. Let's see how the mechanics work and what perks do they bring to NFT holders.

What Is the Utility of Fableborne Kingdoms NFT?

Owners of Fableborne Kingdoms NFTs will enjoy seasonal utility that includes staking rewards and an interesting merge-to-mint system that opens up avenues for bigger prizes.

By staking Kingdoms NFTs, holders will be able to earn points, with the quantity generated based on the rarity and tier of the asset. Each new season in the game comes with a global early staking bonus that reduces each day. This means that if you stake your NFT at the beginning of the season or very early on, you can benefit from bonus points, rewarding early stakers. Points are captured by daily snapshots, and at the end of the season, your total season points will be calculated to rank you on the staking leaderboard. The more points you have, the higher your rank on this staking-focused ladder, meaning a bigger share of the $POWER reward pool goes to you. If you want to earn more $POWER tokens, then you will definitely want to stake your castle early every season.

Since the number of points you earn is based on the rarity and tier of your NFT, you'll probably want to upgrade both attributes of your NFT in order to collect more daily points. This is where the merge-to-mint system comes in. This system allows players to increase the tier of their NFT by merging two Kingdoms of the same rarity. The process also requires having an unspecified amount of $POWER tokens staked into the asset you'd like to upgrade. So, if you have enough $POWER staked and two Kingdoms of the same rarity, you should be able to merge them in order to mint a new Kingdom NFT of higher tier. With a higher tier Kingdom staked, you can generate more points for better chances of climbing higher on the staking leaderboard, potentially earning more $POWER every season.

The merge-to-mint system also lets players increase the rarity of their NFT by merging resources with their Kingdom. These resources are special items such as wood, leather, iron, gold ore, and runestone that you can earn in the form of ERC-1155 NFTs through gameplay. You can also trade and buy these items on the Mavis Market. With enough of these resources, you can merge them with your NFT to increase its rarity, with staked $POWER tokens said to carry over in this merging process. A rarer NFT awards you with more daily points from staking, but Kingdoms of higher rarities also require having more $POWER staked to increase their tier.

Get Whitelist Spot for Fableborne Kingdoms NFT Mint

If you want to get a whitelist spot for the upcoming Fableborne Kingdoms NFT mint on Ronin, then you might have a chance of successfully doing so by using the Premint page linked in the official announcement.

According to the Premint page, the mint date, price, and supply allocated for this first mint are yet to be announced. However, the detailed overview of the NFT's utility and mechanics does seem to reveal that the mint supply is 7250. The total supply however is unknown, as that looks set to increase in every new season of Fableborne as well as through time-limited events, with the new supply also said to be regulated "by merge-to-mint rate and rarity spread".

Before the Fableborne Kingdoms NFT collection was announced, Pixion Games successfully closed a strategic funding round that brought their total raise to $12.4 million to date. The TGE for $POWER is unknown at the time of writing, but is likely set to take place at some point this year after Season 4 ends, with the new season probably starting in the near future.