League of Kingdoms

League of Kingdoms

LOKA
$0.292932979%-0.52

Key Metrics

Price$0.292932979
Real Volume (24H)$4,594,104.59
Marketcap$49,502,445.55
Fully Diluted ValuationN/A
ATH$5.37
ATH Date4/2/2022, 2:35:07 PM
ATL$0.262403
ATL Date11/13/2022, 12:30:13 PM
Circulating Supply78M
Total Supply158M
WebsiteN/A
WhitepaperN/A
Popularity Rank680
Chart
What is League of Kingdoms?

League of Kingdoms (LOKA) is a blockchain-based massively multiplayer online (MMO) strategy game that offers players the opportunity to earn real income through in-game activity. The game, which is built on a play-to-earn ecosystem, allows players to build kingdoms, raise armies, form alliances, and compete on the battlefields for power and wealth. The game supports player-versus-environment (PvE), player-versus-player (PvP), and party-play (MMO) gaming modes.

The game's governance token, LOKA, allows holders to take part in the decision-making process on the platform, purchase in-game items, and profit through staking. The game's utility token, DST (Dragon Soul Token), is necessary for breeding Dragos, the dragon-like in-game characters. The LOKA token went live in January 2022, and the game was launched in July 2021. In 2022, the platform plans to release a proprietary NFT marketplace, a PvP arena, and a land reward hub, among other new features.

League of Kingdoms was created by NOD Games, a blockchain-based game development company. The company's CEO and co-founder, Chan Lee, has a degree in Computer Science from Pohang University of Science and Technology and has a background in product design, fintech, and app development. The company's CTO and co-founder, Steve Hwang, is an experienced programmer and game developer with a background in mobile game publishing and software engineering.

One of the things that makes League of Kingdoms unique is its play-to-earn economy, which appeals to both crypto enthusiasts and mainstream gamers. The game positions itself as the first 4x (Explore, Expand, Exploit, Exterminate) MMO game built on blockchain. All the pieces of land in the game are represented as ERC-721 non-fungible tokens (NFTs), and the ownership of the tokenized digital real estate provides gamers with an opportunity to farm and monetize resources, acquire dividends from renting out the plots, and receive a share of the project's revenue.

As a sophisticated socio-economical ecosystem, League of Kingdoms requires well-thought-out governance to ensure long-term sustainable prosperity. The platform plans to gradually decentralize to DAO to guarantee fair distribution of control and value in the community. Despite being centrally controlled at the early stages of development, the game intends to achieve full community-led governance with the advancement of the decision-making process infrastructure on the platform.

Dragos serve as companions to kingdoms and can participate in a variety of gameplay activities. Presented as ERC-721 NFTs on the platform, they will become a foundation for the project's play-to-earn economy further enhancement. Owning a Drago is a prerequisite for players to be able to earn DST. Both LOKA and DST are required to breed a Drago. DST will also be used to enhance, upgrade, and unlock various in-game utilities.

Disclaimer

The investment information, comments, and recommendations provided here do not fall under the scope of investment consulting. Therefore, making an investment decision based solely on the information and comments provided here may not yield results that meet your expectations.

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