What is League of Kingdoms(LOKA) | Data, market cap and League of Kingdoms price chart, data and market cap (LOKA) .

What is League of Kingdoms?

League of Kingdoms launched in July 2020 as the first 4x MMO strategy game on the blockchain. As of Q1 2022, the game is one of the fastest-growing blockchain MMO games in the world.

The game runs on a blockchain network and its NFT ecosystem involves various in-game assets and assets, including its iconic Land NFT. The Land NFT is hosted on the blockchain network and represents the very foundation on which the League of Kingdoms world stands.

Players not only own these Lands, but can also collect resources on the Lands and mint them into NFTs for trading. All these encrypted assets are transparently and reliably traded on the blockchain without the need for intermediaries.

The game offers a variety of game modes, from PvE to MMO. In the future, more game modes, events, missions, campaigns and contests will be added to the game.

Overview of LOKA ‘s tokenomics

Token metrics

• Token Name: League of Kingdoms Arena
• Symbol: LOKA
• Token Standard: ERC-20
• Token Type: Governance and Utility token
• Total supply: 500,000,000 VND
• Total circulating supply: 157,817,308
• Blockchain: Ethereum
• Contract: 0x61e90a50137e1f645c9ef4a0d3a4f01477738406

Token usecase

• Propose and vote
• Stake and make a profit
• Breed Drago NFT and upgrade other NFTs
• Buy assets from the game store
• More perks and benefits will be added in the future

Token Allocation

TGE: 10% of the total supply is used as initial liquidity. The remaining tokens are allocated as follows:

• Private Sale: 6.2%
• Public Sale: 5%
• Game Issuance: 13%
• Land Island: 5%
• Staking Rewards: 20%
• Advisors: 2%
• Team: 20%
• Ecosystem: 19%
• Reserve: 9.8%

Public sale information

• Time: January 20, 2022
• Price: 0.16 USD/LOKA
• Number of tokens: 25,000,000 LOKA
• Location: Binance Launchpad

Before the ICO, a Private Sale took place and 6.2% of the Total Supply was sold for $0.1 to raise $3.1 million for the project.

Roadmap of League of Kingdoms Arena

Q1/2022: Token creation

• Public Sale LOKA on the exchange
• Expanding listing on major exchanges: Gate.io, Huobi, Kucoin, Uniswap v2
• Drago NFT (Drago Genesis, June 2022)
• Ancient Battlefield CvC (April 2022)
• Guild partnerships

Q2/ 2022

• Dragon Soul Token ($DST utility token)
• Drago rental feature
• NFT Marketplace
• Staking
• Land reward
• Partnership with Web3 projects

Q3/2022

• Launch of the “Guild war” tournament for e-sports (TBD)
• PvP Arena- Launching “Colosseum” (TBD)
• Dragon Arena – PvP Arena for Dragos (TBD)

Development team

League of Kingdoms is developed by NOD Games, a Korean blockchain game studio. Its leadership and distinguished members have years of experience in building mobile games and are using that expertise to create interactive gaming experiences that entertain blockchain. Development for League of Kingdoms began in early 2020 and this shows that NOD Games is one of the earliest entrants to the blockchain game.

The key members of the team are CEO Chanki Lee, CTO Steve Hwang and Chief Game Designer Edgar Kim. The team and their software engineers have previously held key positions at major game studios such as Electronic Arts and the famous Korean game studio NEXON.

Partnerships

Famous as the first blockchain MMORTS game, League of Kingdoms has received a lot of support from investors to accelerate its journey into web3 gaming. The game successfully completed a $3 million funding round led by crypto hedge fund VC Hashed and with a group of other prominent investors such as a16z, Sequoia, Blocktower, Binance Labs , and Yield Guild Games. At the end of January 2022, the game’s governance token LOKA was ICO on Binance.

Since the announcement of the League of Kingdoms investment rounds, there have been additional partnerships with other well-known players in the industry. Polygon Studios powers several NFTs and in-game skins as well as P2E metaverse guilds: IndiGG and Avocado DAO. These partnerships help drive strong player stats.

Summary

League of Kingdoms offers a smooth, easy entry experience for new players to join. All the UX controls and wallet links are built into the game natively and it resembles some other mobile titles with a large number of microtransaction options allowing easy monetization, this can benefit both players and LOKA holders.