Cryptocurrencies

League of Kingdoms Launches Token to Support Fast-Growing User Base

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Written By: Michael Abadha
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    Summary:
  • League of Kingdoms has announced plans to release its token in January. What does this mean for the community? Read on to find out more.

League of Kingdoms, the fast-rising MMO blockchain game, is releasing its token. Christened “LOKA”, the token will fuel the game’s growth. The platform also aims to give agency to its 400,000+ strong community of active users. In addition, the launch of the token will also help build a strong network of guilds and communities to attract organic play-to-earn veterans. The LOKA token will also enable the community to determine the game’s future development. Additionally, it will allow them to obtain exclusive NFT rewards.

The game’s creators did not divulge further details about the launch, only mentioning that they will release the token on January 20th.

The launch of the LOKA token comes amid several new initiatives to evolve League of Kingdoms into a full game metaverse. These will include the launch of PvP arena, expansion of P2E, commerce platforms such as an NFT bazaar, e-sports integration and many other updates.

How different is the game?

Chan Lee, Co-Founder of League of Kingdoms, gave a hint of what the game is all about. Chan stated that League of Kingdoms will push the boundaries of play-to-earn games, after taking cues from Axie Infinity.  

 I do not doubt that League of Kingdoms will onboard next millions of gamers who will come for the game’s appeal and be staying for crypto.”

Simon Kim, CEO of Hashed VC

Expressing his confidence in the venture, the CEO of Hashed VC described the game as “fundamentally strong”. He added that the game would combine the best of both Web 2.0 and Web 3.0 gaming.

About League of Kingdoms

League of Kingdoms Arena is a free-to-play Massively Multi-player Online (MMO) game that has been in existence since 2020. It has cut a niche in the gaming world with intuitive yet complex game mechanics. This is attributable to the fact that the game was built with the average non-crypto user in mind. NFTs in LoK are easy to use and are introduced gradually to user. This has helped the game attract a varied audience of both hardcore crypto and traditional gamers.

LoK is a strategy game powered by NFTs. In the game, players fight for the dominion of land and loot and build their own kingdoms. In addition, they can build armies to take on other kingdoms and monsters. Depending on a player’s strategy, the game also supports building a coalition of armies between different kingdoms.

League of Kingdoms has been posting tremendous growth metrics in the two years of its existence. In the H2 of 2021, the game’s community of daily active users increased twenty-fold to 80,000.

This post was last modified on Jan 12, 2022, 19:25 GMT 19:25

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