League of Kingdoms Arena price

LOKA

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Chan Lee is the chief executive officer (CEO) and co-founder of NOD Games — a blockchain-based game development company that created League of Kingdoms (LOKA). Chan Lee has a degree in Computer Science from Pohang University of Science and Technology — one of the best higher educational institutions in South Korea. Chan Lee formerly worked as a product designer for Samsung Electronics, held a position of an executive board member at DAYLI financial group — a fintech company, and co-founded NEXTMATCH — the number one dating app service provider in South Korea.

NOD Games’s chief technology officer (CTO) and co-founder Steve Hwang is an experienced programmer and game developer. He was previously a member of the founding team at Gamevil — a mobile game publisher based in Seoul, Republic of Korea and a software engineer at Electronic Arts — a well-known video game company.

League of Kingdoms (LOKA) appeals to both crypto enthusiasts and mainstream gamers as it offers a wide variety of in-game content and gameplay modes along with play-to-earn economy. As mentioned in the official whitepaper, the project positions itself as the first 4x (Explore, Expand, Exploit, Exterminate) MMO game built on blockchain.

All the pieces of land in the game are represented as ERC-721 non-fungible tokens (NFTs). The ownership of the tokenized digital real estate provides gamers with an opportunity to farm and monetize resources, acquire dividends from renting out the plots and receive a share of the project’s revenue.

As a sophisticated socio-economical ecosystem League of Kingdoms requires well-thought-out governance to ensure long-term sustainable prosperity. The platform plans to gradually decentralize to DAO to guarantee fair distribution of control and value in the community. Despite being centrally controlled at the early stages of development the game intends to achieve full community-led governance with the advancement of the decision-making process infrastructure on the platform.

Dragos serve as companions to kingdoms and can participate in a variety of gameplay activities. Presented as ERC-721 NFTs on the platform, they will become a foundation for the project’s play-to-earn economy further enhancement. Owning a Drago is a prerequisite for players to be able to earn DST. Both LOKA and DST are required to breed a Drago. DST will also be used to enhance, upgrade, and unlock various in-game utilities.

The total token supply of tokens is 500,000,000 LOKA, and the current circulating supply is set at 172,588,641 LOKA. According to the official sources tokens will be allocated the following way:

• 20% of the total supply is in possession of the team
• 19% is set aside to fund ecosystem’s further growth
• 10% is in company’s reserve
• 6% went towards the private sale
• 5% is distributed through the public sale
• 13% is dedicated to reward skill and tactics of the gamers (game issuance)
• 5% is allocated for Landowner rewards (Land issuance)
• 20% reserved for stacking rewards
• 2% given to advisors

LOKA (League of Kingdoms) is currently available for purchase on the following exchanges: Binance, Gate.io, Poloniex, Tokocrypto, Mandala Exchange, Bitrue, BTCEX, XT.COM, Hoo, Hotbit, TOKENCAN, Hotcoin Global, CoinEx, Uniswap V2, and many more.

Cryptocurrency newbie? You can read more about how to enter the market and how to buy LOKA or any other token in CoinMarketCap education portal — Alexandria.

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