In the last 30 days, Seraph has completed over 20 million transactions and attracted 1.84 million unique players.
Author: Jeremy Koch
Compiled by: Deep Tide TechFlow
Key Insights
Seraph is a blockchain Action Role-Playing Game (ARPG) developed by Seraph Studio, running on the Layer-2 network opBNB of the BNB Chain.
The game showcases impressive network activity: during a 30-day season, revenue exceeded $2 million. In the recent 30 days (November to December), the game completed over 20 million transactions and attracted 1.84 million unique players.
The in-game ActPass market provides a platform for players to trade freely, allowing users to buy and sell game items, and enabling quick item transfers between accounts and the game through off-chain orders.
Before the Token Generation Event (TGE), players can purchase the virtual item "Feather" from the Seraph Starry Journey series to qualify for future exchanges of SERAPH tokens.
Background
Since 2017, the metaverse and Web3 gaming sectors have attracted over $19 billion in investment. Blockchain gaming has evolved from simple on-chain operations to experiences comparable to traditional AAA games. Seraph is a blockchain action role-playing game (ARPG) developed by Seraph Studio and is one of the representative works of this technological advancement.
Inspired by classic loot-driven ARPGs, Seraph offers players an immersive adventure experience. Players can complete quests, discover hidden treasures, and craft their own equipment. As a free-to-play game, Seraph also incorporates a "play-to-earn" model, allowing players to earn rewards by completing challenges.
Seraph Studio combines deep experience in traditional gaming with Web3 technology, successfully implementing blockchain technology in gaming through a profound understanding of the gaming industry and the scalability of blockchain technology.
Currently, Seraph ranks first in both user count and transaction volume on the BNB Chain. The game has also launched a dedicated marketplace for players to trade in-game equipment. Although the SERAPH token has not yet been issued, players holding Seraph Starry Journey series virtual items will qualify for exchanges after the token issuance.
Gameplay Basics
Hero Selection
In Seraph, players need to choose one of the four main characters to start their adventure, with a fifth character, "Druid," currently in development. (i) The Valkyrie is best suited for ranged attacks using bows and spears; (ii) the Barbarian possesses great strength and endurance, capable of using various weapons and combat skills, excelling in melee combat against frontline enemies; (iii) the Witch focuses on magic, manipulating ice, fire, and lightning through various spells; (iv) the Necromancer commands undead minions and casts curses.

Seraph has launched an avatar NFT series called SOUL PFP, consisting of a total of 6000 NFTs, with 500 classified as SSR (Super Rare) and the rest as R (Rare). Players who own this series of NFTs are considered core players of the game, enjoying unique identity symbols and exclusive rights.

Equipment System
Seraph features a rich and diverse equipment system, allowing each player to utilize 10 equipment slots: left-hand weapon, right-hand weapon, necklace, two rings, helmet, armor, belt, gloves, and shoes. Equipment is divided into multiple tiers, and players need to choose the most suitable combination based on their character's traits.

Different classes have varying equipment needs. For example, equipment labeled "Valkyrie" typically has a higher base damage range, suitable for players seeking high output. This design encourages players to seek specific categories of equipment to optimize their character's abilities based on their combat style and goals.
Additionally, players can equip companions or pets, enjoying various convenient features, including automatic item pickup, equipment identification, item disassembly, and shop services. Players can even customize their pets' pickup rules, further enhancing the convenience of the gaming experience.
Dungeon Gameplay
Seraph offers three dungeon modes: Void Realms, Mystery of Chaos, and Trial of Seraph, each with unique challenges and reward mechanisms.
Void Realms
Void Realms is a special dungeon unlocked after players complete the main storyline or can be accessed directly using the item "Riftbreaker’s Gift." Void Realms features 18 difficulty levels and includes some special boss maps. Players can earn soul shards, equipment materials, or high-level equipment by defeating monsters on the maps. High-difficulty maps support team challenges, increasing the strategic and cooperative aspects of gameplay.
Mystery of Chaos
The Mystery of Chaos is a dungeon mode designed specifically for holders of "Seraph Equipment" NFTs. Players need to accumulate energy bars by defeating monsters, and once the energy bar is full, they can challenge the dungeon boss. After defeating the boss, players will receive multiple treasure chests, which may contain new equipment NFTs.
Trial of Seraph
After completing the main storyline, players will unlock the Trial of Seraph dungeon, which is the primary drop location for gems and charms. Its gameplay is similar to the Mystery of Chaos, but non-boss monsters only provide experience points and do not drop items. Players can team up to challenge this dungeon, with the difficulty increasing as the number of team members grows.
After each challenge, the system ranks players based on the levels completed and the time taken, distributing rewards accordingly. The ranking mechanism encourages players to showcase their skills in team cooperation while stimulating competitive enthusiasm.
Technical Support
Marketplace
Seraph Studios has created the ActPass marketplace, providing players with a convenient platform for item trading. Through a simple login process, players can complete transactions without directly engaging with the complexities of blockchain operations. ActPass allows players to deposit specific cryptocurrencies for purchasing digital items, with instant synchronization to their game accounts. Equipment purchased by players can be used immediately in the game without waiting.
ActPass simplifies the transaction process by managing user wallets and supports seamless transfers of NFTs both in and out of the game, without charging additional fees.
The efficient functionality of ActPass is attributed to Seraph's Layer-2 solution based on the BNB Chain, opBNB. opBNB supports frequent transactions with extremely low gas fees (approximately $0.001) and over 4000 TPS processing capacity, allowing players to easily trade NFTs or acquire equipment. Even during peak times, the game maintains smooth operation, ensuring real-time asset synchronization and providing a seamless gaming experience. This technical architecture achieves efficient scalability while shielding players from the complexities of blockchain, delivering a top-tier gaming experience.
In-Game Economy
In the process of playing Seraph, all players can obtain rare assets through exploration and challenges, especially in the Void Realms. Players equipped with NFT gear can generate the game's primary currency—soul shards (Soul Spars)—by defeating monsters in the Void Realms dungeon and consuming the chaotic energy (Chaos Energy) of their NFT gear.
Soul shards are a non-chain virtual currency with the following four main uses:
Consume soul shards to enter the Mystery of Chaos dungeon, where there is a chance to drop "Seraph Equipment" NFTs.
Used to enhance NFT gear and improve players' combat abilities and character levels through affix gameplay.
Buy and sell goods in the in-game ActPass marketplace, facilitating free trade among players.
Package soul shards into on-chain "Soul Boxes" NFTs and sell them to other players, enabling on-chain circulation of assets.

Token Economic Model
Seraph is a free game that also incorporates a "play-to-earn" mechanism. The project's token, SERAPH, has not yet undergone a Token Generation Event (TGE), but players can purchase Seraph Starry Journey Feathers to exchange for SERAPH tokens at a fixed ratio in the future.
These feathers are divided into three rarity levels, with the exchange ratios for each type of feather as follows:
1 Starry Feather = 1 SERAPH
1 Chaos Feather = 3 SERAPH
1 Soul Feather = 10 SERAPH

Some SERAPH tokens will be distributed as player rewards through a "user interactives" system. This system quantifies interaction data based on player behavior and activity, distributing rewards each season.
The main uses of the SERAPH token include unlocking game features, crafting items, and participating in in-game activities. Additionally, SERAPH can be used in the following scenarios:
Recasting the chaotic affixes of NFT gear each season to optimize gear attributes.
Identifying dropped NFT gear to reveal hidden attributes.
Participating in unique drop events, such as "soul shards" and "Seraph Equipment" NFT drops.
In the future, it will also be used for community governance activities, granting players more participation rights.
Network Activity
The profitability of Seraph has been validated. From August 22 to September 25, 2024, Seraph achieved over $2 million in in-game revenue and set a historical high with 90,000 unique players. In the recent 30 days (November to December 2024), the transaction volume within the Seraph ecosystem exceeded 20 million, attracting 1.84 million unique players, showcasing strong growth momentum.
Roadmap

Summary
Seraph is a model of technological advancement in blockchain gaming. This action role-playing game, centered around dungeon loot, provides players with an immersive exploration and adventure experience. Players can enjoy the fun of "play-to-earn" by completing quests, discovering treasures, and crafting equipment. The ActPass marketplace simplifies the trading process of NFTs and in-game items, allowing players to participate easily without needing in-depth knowledge of blockchain technology.
With strong performance on opBNB of the BNB Chain, Seraph has achieved revenue growth and user expansion. By fully leveraging the potential of Web3, Seraph is poised to lead the next wave of blockchain gaming, providing players with a prosperous ecosystem that combines entertainment with real-world benefits.
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