What is League of Kingdoms?
League of Kingdoms is one of the first blockchain MMO strategy games in the world. It's a full-featured game with single-player (PvE), multiplayer (PvP), and party-play options (MMO). Players can build their own kingdom, participate in wars against other kingdoms, join an alliance, participate in championships, go farming and hunting to collect resources, and many more activities. There are numerous modes, content, specs, events, and components that League of Kingdoms offer, which attracts both mainstream gamers and crypto enthusiasts.
Built on the Ethereum blockchain, the game's NFT ecosystem includes a range of in-game assets and properties, such as Land NFTs.
The Land NFTs reflect the League of Kingdoms world's very foundation and are kept on the blockchain network. Players can own and trade the Land NFTs, and those who own lands can build kingdoms or gather resources on them. Lumber, stone, food, and other in-game items are owned by the players and are sellable in NFT marketplaces. Landowners can be successful in the game by developing their lands. Having a higher level of development allows landowners to increase their resources and the return on their land, thus giving them more profits.
League of Kingdoms encourages landowners and players to form alliances and work together to develop lands. If there are multiple Kingdoms active in the game, players can earn in-game resources and DAI tokens from that land. Thus, forming alliances can help players to make more money from their land in exchange for protecting the players' kingdom.
History of League of Kingdoms
League of Kingdoms is developed by the NOD Games team, a leading blockchain game studio headquartered in Seoul, South Korea. The core team behind League of Kingdoms include Chan Lee (Chief Executive Officer), Steve Hwang (Chief Technology Officer), Han Yoo (Chief Operating Officer), Edgar Kim (Chief Game Designer), and Sean Moon (Chief Server Engineer).
League of Kingdoms was released in July 2020, and since then, the game has experienced phenomenal growth. The number of daily active users more than doubled to 80,000 in the second half of 2021. In January 2022, the game grew even bigger, with a total of 120,000 daily active users. Furthermore, the game has raised $3 million from a number of notable investors, including Sequoia India, a16z, Hashed, Binance Labs, as well as investors from the GameFi sector, including Aleks and Jiho of Sky Mavis (Axie Infinity), Gabby Dizon of Yield Guild Games, and Sebastien Borget of The Sandbox.
There are lots of new features planned to come to the League of Kingdoms in the near future. The game plans to launch its land reward hub, PvP arena, NFT marketplace, and numerous other updates in 2022. The team also has plans to launch a GameFi and Esports dashboard in 2023 and 2024.
Types of Property in League of Kingdoms
Lands in the League of Kingdoms are ERC-721 standard non-fungible tokens (NFTs). In total, there are 65,536 LAND tokens that players can own and trade, each with a 4x4 scale and the capacity to contain 16 Kingdoms.
Players can use their lands to build kingdoms, farm resources, hunt monsters, compete against other kingdoms, or simply play a strategy game.
Each land gets 5% of all the resources that have been gathered on its properties across continents by owners and other players. Because ownership of LOK lands grants holders ownership of resources from all LOK land plots on every existing continent, as well as new ones to be formed in the future, this method ensures that the owner benefits from the game platform's growth. Landowners have the right to receive 10% of game revenue in stable cryptocurrencies like DAI/BUSD until April 2022. After that, the stable currency rewards will be replaced by the LOKA reward pool.
Dragos are dragon-like creatures that live in the League of Kingdom Genesis Continent. Initially, only a limited genus of Drogos will be hatched, and all future Dragos will be bred off of the existing population.
Drogos are ERC-721 tokens with two tiers: normal and legendary. They also have five elements: fire, aqua, light, terra, and dark.
Those who want to breed Dragos need $LOKA and $DST (Dragon Soul Token) tokens to hatch an egg. While the majority of $LOKA tokens are distributed through the gaming, land, and staking rewards, all $DST are supplied through the League of Kingdoms quests, content, and events.
Native Tokens Used in League of Kingdoms
The native token used in the League of Kingdoms is the LOKA token ($LOKA), which is an Ethereum-based ERC-20 governance token. Those who own LOKA tokens can enjoy a number of benefits and privileges, such as the ability to participate in game governance processes. In order to earn LOKA tokens, players need to participate in numerous community-driven activities and play a variety of game content within the League of Kingdoms Universe.
In general, there are two main uses of the LOKA token:
- To keep up with the rapidly changing and expanding digital landscape, decentralize the ownership and control of the game universe.
- For the project's long-term vision and to get everyone to participate actively in governance processes, players will be encouraged to stake their tokens.
Top 3 Reasons to Invest in League of Kingdoms
- Limitless potential and possible rewards - Lands in the League of Kingdoms can be used in a variety of ways and will have more utility cases, perks, and value propositions in the future. For example, there is potential for special airdrops, whitelist rights, and community perks or roles for the Landowners. Thus, there will be many benefits that landowners can enjoy. Moreover, those who own land in the League of Kingdoms have the right to receive 10% of revenue in the LOKA reward pool (previously in stable cryptocurrencies like DAI/BUSD). The rewards will give more utilities of the native currency, such as voting rights, staking yield, and more.
- Rapid growth - With a total of 120,000 daily active users in January 2022 and global players in over 210 countries, the League of Kingdoms is growing rapidly. Furthermore, it has a huge player retention number, with 7-Day retention of 35%. Thus, the game has a big potential to make it to the top of the industry.
- Impressive commercial partnerships - League of Kingdoms has partnered with various big names, including Yield Guild Games, PathDAO, The Sandbox, Binance Labs, Sequoia India, a16z, Hashed, and more.