Cryptocurrencies

Bybit to Host IEO for Web3 Game Land of Conquest and List Its Token

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Written By: Michael Abadha
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  • Bybit has announced that it will host the IEO for web3 game Land of Conquest and list its SLG token. We discuss the game and its growth plans

Bybit exchange has announced that it will be listing SLG, the governance token of Land of Conquest. The listing will take place on the Bybit Launchpad 2.0 platform. In addition, Bybit will be hosting the Initial Exchange Offering (IEO) for SLG token via the Bybit Launchpad 2.0. SLG joins a growing list of web3 projects that have launched on Bybit’s easy-to-use platform for potential crypto ventures. Through the Bybit Launchpad 2.0, users can get an early look at some of the most hotly anticipated tokens in the crypto industry.

Land of Conquest and the quest to conquer Web3

The upcoming massively multiplayer online simulated life game (MMOSLG), Land of Conquest, is a game in which players play and earn virtual currency. You can get SLG, the game’s native token, by either making an in-game or on-chain transaction. Land of Conquest takes place in a post-apocalyptic wasteland where players can construct their own fortifications, produce goods, raise heroes, and engage in combat with other players’ characters and hostile Non-Player Characters (NPCs).

In Land of Conquest, NFTs play a significant role in representing a variety of critical in-game assets. Land, heroes, and mechs are examples of these assets, providing bonuses to build the players’ fortifications. As part of a joint venture with Land of Conquest, the Bybit NFT Marketplace will release its inaugural NFT mystery box on July 15th.

The launch of Land of Conquest will be in Q4 of 2022. Furthermore, the native token, SLG, will make its debut on Bybit exclusively. Bybit customers can pledge BIT to subscribe to token allocations. They also have the option of taking part in the new lottery model that Launchpad 2.0 offers. In this model, users wager a small quantity of USDT for the chance of winning allocations of new tokens. Launchpad users can also purchase tokens that have performed well in past listings.

This post was last modified on Jul 11, 2022, 11:16 BST 11:16

Written By: Michael Abadha

Michael is a self-taught financial markets analyst, who specializes in analysis of equities, forex and crypto markets. He draws his inspiration from the fact that markets provide an interface through which the world interacts in search of a better tomorrow.

Published by
Written By: Michael Abadha