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Summary of League of Kingdoms Arena
Key Points
- League of Kingdoms (LOKA) is a blockchain-based MMO strategy game.
- Players can earn real income through in-game activity.
- The game has PvE, PvP, and party-play gaming modes.
- LOKA token allows holders to participate in decision-making, purchase in-game items, and profit through staking.
- DST (Dragon Soul Token) is necessary for breeding Dragos, dragon-like in-game characters.
Founders
- Chan Lee: CEO and co-founder of NOD Games, with a degree in Computer Science from
In the Realm of League of Kingdoms Arena
Introducing League of Kingdoms (LOKA): A Revolutionary Blockchain-Based Gaming Ecosystem
League of Kingdoms (LOKA) is a pioneering blockchain-based massively multiplayer online (MMO) strategy game, where players can engage in a play-to-earn ecosystem, generating real income through their in-game endeavors.
Immerse yourself in a realm of epic proportions, where you can construct majestic kingdoms, muster formidable armies, forge strategic alliances, and engage in thrilling battles for dominance and prosperity. The game seamlessly integrates three distinct gaming modes: player-versus-environment (PvE), player-versus-player (PvP), and party-play (MMO), ensuring a rich and dynamic experience.
Notably, the League of Kingdoms’s governance token, LOKA, empowers holders to participate in the platform’s decision-making process, acquire in-game items, and generate profits through staking. Meanwhile, the project’s utility token, DST (Dragon Soul Token), plays a vital role in facilitating the breeding of Dragos, the dragon-like in-game characters.
Marking a significant milestone, the LOKA token officially launched in January 2022. As outlined in the official whitepaper, the game’s inaugural debut took place in July 2021. Looking ahead to 2022, the platform is poised to unveil a slew of innovative features, including a proprietary NFT marketplace, a competitive PvP arena, and a land reward hub, among other exciting additions.
The Visionary Founders Behind League of Kingdoms
Chan Lee serves as the chief executive officer (CEO) and co-founder of NOD Games, a pioneering blockchain-based game development company responsible for creating the acclaimed League of Kingdoms (LOKA). Holding a degree in Computer Science from the prestigious Pohang University of Science and Technology, one of South Korea’s most esteemed institutions, Chan Lee brings a wealth of experience to his role. Prior to his current position, he worked as a product designer for the esteemed
Samsung Electronics
, held a seat on the executive board of
DAYLI financial group
, a fintech company, and co-founded
NEXTMATCH
, the leading dating app service provider in South Korea.
NOD Games’s chief technology officer (CTO) and co-founder Steve Hwang is a seasoned programmer and game developer with a rich background in the industry. Prior to co-founding NOD Games, he was a key member of the founding team at
Gamevil
, a prominent mobile game publisher based in Seoul, Republic of Korea, and a software engineer at
Electronic Arts
, a renowned video game company.
Unveiling the Unparalleled Aspects of League of Kingdoms
League of Kingdoms (LOKA) strikes a chord with both crypto aficionados and mainstream gamers alike, boasting a diverse array of in-game content and gameplay modes, complemented by a play-to-earn economy. As outlined in the official whitepaper, the project pioneers the first 4x (Explore, Expand, Exploit, Exterminate) massively multiplayer online game built upon a blockchain foundation.
In the game, each parcel of land is uniquely represented as an ERC-721 non-fungible token (NFT), thereby conferring ownership of a tokenized digital property. This innovative approach empowers gamers to cultivate and monetize resources, collect dividends from renting out plots, and receive a proportionate share of the project’s revenue.
As a complex, interconnected socio-economic ecosystem, League of Kingdoms necessitates a meticulously crafted governance framework to ensure enduring, sustainable prosperity. The platform envisions a gradual decentralization into a DAO, thereby guaranteeing the equitable distribution of control and value among its community members. Although initially centrally controlled during the early stages of development, the game aspires to ultimately achieve full community-led governance, contingent upon the advancement of its decision-making process infrastructure on the platform.
Dragos serve as esteemed companions to kingdoms, engaging in a diverse array of gameplay activities. Represented as unique ERC-721 NFTs on the platform, they form the cornerstone of the project’s play-to-earn economy, poised for further enhancement. The ownership of a Drago is a requisite for players to earn DST, with both LOKA and DST serving as essential prerequisites for breeding a Drago. Furthermore, DST will be utilized to enhance, upgrade, and unlock a multitude of in-game utilities.
What Is the Circulating Supply of LOKA Coins?
The total token supply of LOKA tokens is capped at 500,000,000, with a current circulating supply of 46,243,000 LOKA. According to official sources, the token allocation is as follows:
- A 20% allocation of the total supply is retained by the team
- A further 19% is earmarked to fuel the ecosystem’s continued growth and development
- The company’s reserve holds 10% of the total supply
- A private sale accounted for 6% of the total allocation
- The public sale distributed 5% of the total supply
- A 13% allocation is dedicated to rewarding gamers’ skills and tactics through in-game issuance
- Landowner rewards, facilitated through land issuance, comprise 5% of the total supply
- A substantial 20% is reserved for stacking rewards
- A 2% allocation is designated for advisors
The Unwavering Security of the League of Kingdoms Network
LOKA (League of Kingdoms) is an ERC-20 standard token built upon the Ethereum blockchain, leveraging a layer 2 solution on the Polygon/Matic network to facilitate more cost-effective gas fees and enhanced scalability for Ethereum transactions.
The Anticipated Launch of LOKA Trading: A Timeline Unveiled
Marking a significant milestone, LOKA (League of Kingdoms) officially debuted for public acquisition in January 2022.
Will LOKA Soar to $10?
As of March 2022, LOKA (League of Kingdoms) is valued at approximately $1.76. With a global presence spanning over 210 countries, the game has witnessed a remarkable surge in popularity, with its daily active player count skyrocketing from 4,000 in July 2021 to 150,000 in March 2022. Given the current pace of development and the significant attention it has garnered from fans and media alike, the prospects of a further price increase for the League of Kingdoms governance token appear promising.
Where to Acquire LOKA: A Comprehensive Guide
LOKA (League of Kingdoms) is presently listed on a diverse range of esteemed exchanges, including Binance, Gate.io, Poloniex, Tokocrypto, Mandala Exchange, Bitrue, BTCEX, XT.COM, Hoo, Hotbit, TOKENCAN, Hotcoin Global, CoinEx, Uniswap V2, and numerous others.
New to the world of cryptocurrency? Explore our comprehensive guide on entering the market and purchasing LOKA or any other token, available on CoinMarketCap’s esteemed educational platform, Alexandria.
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