Severe Rise Games Token: Governance and Utility Token for the Blockchain Gaming Metaverse

What is Severe Rise Games Token

Friends, imagine you’ve played a game for years, grinding hard to level up and collect rare gear and items. Then one day, the game company shuts down the servers, or you just don’t want to play anymore—all those things you earned are suddenly worthless. Isn’t that a shame? Severe Rise Games Token (SRGT for short) is a project aiming to solve this “wasted effort” problem. It wants your in-game assets to truly belong to you, and to be tradable across different games, or even sold for money.

Simply put, SRGT is a

and a . You can think of it as a “universal ticket” and “shareholder voting right” for a gaming amusement park. This park will have many different games, and SRGT is the currency you can use across all of them, while also letting you participate in decisions about the park’s future development.

Its core goal is to build a

where players can use the same token across multiple games.

Project Vision and Value Proposition

The vision of the SRGT project is to break the “walled garden” model of traditional games. In most games, the items and characters you buy can only be used in that specific game, and are worthless once you leave. The SRGT developers think this is like buying a cool toy car but only being allowed to play with it in your backyard, never on the street. They hope to use blockchain technology to turn in-game assets—like rare weapons and unique skins—into

.

Non-fungible tokens (NFTs): Think of these as unique digital collectible cards, each with its own serial number and identity, impossible to copy or replace, and therefore uniquely valuable.

This way, game assets are no longer controlled by the game company, but truly owned by the player. Players can freely trade these NFTs on platforms outside the game, and even use them in different games (if the project’s ecosystem supports it). This solves the core problem in traditional games where players can’t truly own or utilize the resources they purchase.

SRGT hopes to use a

model, letting players enjoy gaming while also earning real economic rewards for their time and effort. They specifically mention that many early P2E games focused only on short-term rewards, while the SRGT team is committed to building a sustainable, decentralized platform that offers long-term gaming experiences and rewards.

Technical Features

The SRGT project is built on the

and follows the .

BNB Smart Chain (BSC): Think of this as a high-speed highway designed for blockchain projects and transactions, featuring fast transaction speeds and relatively low fees.

BEP-20 standard: This is a token standard on BNB Smart Chain, like a unified “traffic rule” that ensures all tokens on the chain are compatible and can flow smoothly.

This means SRGT tokens and NFTs in its ecosystem can be minted, traded, and managed on BNB Smart Chain. Players need a wallet that supports the BEP-20 standard to connect to their games. The project plans to revamp many classic, abandoned MMORPGs using blockchain technology, turning them into play-to-earn games.

Tokenomics

The symbol for SRGT token is

.

Its total supply is

.

The project also features a

, with about 5% of the maximum supply periodically burned. Burning tokens is like permanently removing a portion of currency from the market, usually to reduce total supply, which theoretically may increase the scarcity of the remaining tokens.

As a utility token, SRGT is mainly used for various purposes within its gaming ecosystem, such as:

• Purchasing items or services in-game.
• Serving as a medium for participating in games and earning rewards.
• As a governance token, allowing holders to participate in major project decisions.

Currently, there is no detailed public information about the specific allocation ratios of SRGT tokens (such as how much goes to the team, community, or market) or a detailed unlocking schedule. According to CoinMarketCap and Coinbase, current data on SRGT’s circulating supply and market cap is insufficient or unverified.

Team, Governance, and Funding

The SRGT project was co-founded by

and . They are a group of like-minded enthusiasts passionate about cryptocurrency, blockchain, NFTs, and play-to-earn games.

In terms of

, SRGT as a governance token means holders will have the opportunity to participate in major project decisions in the future, such as voting on game updates and fee structures. It’s similar to how shareholders of a company can have a say in its direction.

Currently, there is limited public disclosure about the team’s detailed background, full member list, specific governance mechanism details (such as voting process and proposal thresholds), and the project’s funding sources and reserves.

Roadmap

According to the background introduction on the Severe Rise Games official website, the project was launched in

.

The project plans to revamp many classic, abandoned MMORPGs using blockchain technology, turning them into play-to-earn games. At the same time, they are open to creating their own unique and exclusive games in the future.

Currently, there is no clear roadmap document publicly available that lists the project’s historical milestones and future plans in a timeline format.

Common Risk Reminders

Investing in any cryptocurrency project comes with risks, and SRGT is no exception. Here are some common risks you may need to pay attention to:

• Technical and Security Risks

  Although the project runs on BNB Smart Chain, the smart contracts themselves may have vulnerabilities. If the smart contract code is not rigorously audited, it could be exploited by hackers, resulting in asset loss. No public audit report specific to the SRGT project has been found so far.

• Economic Risks

  The cryptocurrency market is highly volatile, and game tokens are especially susceptible to community sentiment and hype. Prices may rise quickly in a bull market but fall even harder in a bear market. SRGT currently has low trading volume, incomplete market cap data, and possibly insufficient liquidity, meaning large trades could significantly impact the price.

• Compliance and Operational Risks

  Global regulations on cryptocurrencies and play-to-earn games are still unclear and constantly changing, which may affect the project’s operations and development. Additionally, if the project fails to attract enough players and developers, or if the gaming ecosystem is not successfully established, its long-term development may face challenges.

• Project Information Transparency Risks

  Currently, there is limited public information about the team’s details, complete tokenomics, and a clear roadmap, which may make it harder for investors to assess project risks.

Please remember, the above information is for reference only and does not constitute investment advice. Always Do Your Own Research (DYOR) before making any investment decisions, and consider consulting a professional financial advisor.

Verification Checklist

• Block Explorer Contract Address

  SRGT token contract address (BNB Smart Chain BEP-20):

  0xbd7B45E4a8E7042B458a8ff08F29aA8EAe43F269
  . You can check this address on BNB Smart Chain block explorers (such as BscScan) to view token transaction records, number of holders, and other information.

• GitHub Activity

  No public GitHub repository link or development activity information for the SRGT project has been found so far.

• Audit Report

  No independent third-party audit report for the Severe Rise Games Token smart contract has been found so far.

Project Summary

Severe Rise Games Token (SRGT) is a project aiming to revolutionize traditional gaming experiences through blockchain technology. By issuing governance and utility tokens (SRGT) and leveraging NFTs, it seeks to solve the problem of players not truly owning or being able to trade their in-game assets, thus building a play-to-earn gaming metaverse. The project runs on BNB Smart Chain, with a total supply of 1 billion tokens and a burning mechanism.

The project’s vision is to give players true ownership of their gaming assets and provide a sustainable, decentralized gaming platform. However, detailed information about token allocation, unlocking schedules, full team background, and a specific roadmap is relatively limited. Additionally, the inherent volatility of the crypto market, potential technical risks, and regulatory uncertainty are all factors that need careful consideration.

For those interested in blockchain gaming and play-to-earn models, SRGT offers a direction worth watching. But always remember, crypto asset investment is extremely risky—do thorough research and fully understand all potential risks before investing any funds. This is not investment advice.

For more details, users should research the project’s official website and whitepaper (if a more detailed version can be found).