Ludena Protocol

Ludena Protocol

LDN
$0.000023691

Key Metrics

Price$0.000023691
Real Volume (24H)$0
MarketcapN/A
Fully Diluted ValuationN/A
ATH$3.05
ATH Date3/21/2021, 3:40:51 AM
ATL$0.03056903
ATL Date11/27/2022, 9:45:51 PM
Circulating SupplyN/A
Total Supply1.2B
WebsiteN/A
WhitepaperN/A
Popularity Rank12025
Chart
What is Ludena Protocol?

Gaming has become a universal language, connecting millions of people across the world. As the gaming industry grows, new platforms have emerged to connect players and offer a wide range of gaming options. One such platform that stands out is the Ludena Protocol, the first comprehensive gamified social platform that connects gamers from around the world to a single application. In this article, we will explore what the Ludena Protocol is, how it works, and why it is revolutionizing the gaming industry.

Ludena Protocol is a South Korean project that aims to change the gaming industry's paradigm by introducing blockchain technology. It is the first comprehensive gamified social platform that connects gamers from around the world to a single application where they can play, trade, and share all things gaming. Ludena Protocol comprises a group of gaming-centric Dapps, with its first Dapp, GameTalkTalk, already gaining popularity among gamers.

GameTalkTalk is the first Dapp by Ludena Protocol. It uses gamer big data to match gaming companies to target demographics and rewards users with digital assets, such as LDN, for completing missions in and/or downloading new games. GameTalkTalk has over 200 game publisher clients from around the world and over 3 million users, primarily made up of passionate South Korean gamers.

LDN is the utility token that powers the Ludena Protocol ecosystem. It is an ERC20 utility token with a total supply of 1.2 billion tokens. LDN is used by game publishers to purchase marketing packages with $LDN to promote their games on the platform and reward gamers with the asset for playing and/or downloading their games. Game developers can publish their games on the platform and incentivize audiences to play and/or rate their new titles. Gamers can receive LDN as compensation for the value of their contents in the ecosystem and for playing video games. Users have the option to exchange their LDN for tangible items from convenience stores or digital goods, such as rare in-game items.

Upon initial listing, the total circulation of LDN was 26 million tokens, or 2.17%. The circulating supply will increase on an ascending scale, to a total of about 414.5 million tokens or 34.54% after month 12.

Token Allocation

LDN tokens are allocated as follows:

  • Token Sale - 32.5% (Funding used for Dapp, P2P game platform, and item exchange development)
  • Reward Pool - 30% (Allocation used for rewarding users' contributions)
  • Ecosystem - 20% (For marketing and liquidity supply for ecosystem sustainability)
  • Team - 10% (Divided amongst the team that helped bring Ludena Protocol to fruition)
  • Strategic Partners - 7.5% (Early stage partners who aid in strategy implementation pre-launch)

Ludena Protocol: The Team

The Ludena Protocol team is made up of game enthusiasts with extensive backgrounds in game development and domestic mobile application success stories. They have been operating 'GameTalkTalk' for the past 7 years before its Dapp conversion. During their history, they have made a significant number of partnerships with influential stakeholders in the gaming industry. The team has identified market challenges faced by all players in the industry, including gamers, publishers, and indie game developers. To solve these problems, they have introduced blockchain, a technology that has the potential to revolutionize the gaming industry.

The gaming industry has grown to become a multi-billion dollar industry, with millions of players across the world. However, the industry still faces many challenges. Ludena Protocol's vision is to revolutionize the gaming industry by.

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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