League of Kingdoms Arena

League of Kingdoms (LOKA) is a governance token for the blockchain-based Massively Multiplayer Online (MMO) strategy game, League of Kingdoms. Players can earn LOKA through in-game activities, such as building kingdoms, raising armies, forming alliances, and competing for power and wealth. The game features player-versus-environment (PvE), player-versus-player (PvP), and party-play (MMO) modes. LOKA holders can participate in decision-making for the platform, purchase in-game items, and profit through staking.

• Token Type:

• ERC-20.

• Total Supply:

• 500,000,000 LOKA.

• Circulating Supply:

• 163,088,233 LOKA (as of the data from CoinMarketCap).

• ICO Price:

• 1 LOKA = $0.16.

• Public Sale Allocation:

• 25,000,000 LOKA (5% of total supply).

• Uses:

• In-game purchases, governance, staking, and earning through gameplay.

As of today #{today’s date}, the price of League of Kingdoms Arena is ₹18.05 INR or 0.1951 USD, with a 24-hour trading volume of 1981987.86 USD. The market capitalization for League of Kingdoms Arena is 33920026.06USD. The circulating supply is 174439416.86 League of Kingdoms Arena, with the total supply also being 210682474.78 League of Kingdoms Arena.

Pros:

• LOKA is integral to a popular MMO strategy game, potentially increasing its utility and demand.

• Holders can participate in governance decisions, influencing the game’s development.

• The token can be earned through gameplay, which can attract a wide player base.

• LOKA is used for in-game transactions, which can stabilize its value within the game ecosystem.

• The game’s NFT aspect allows for ownership and trade of digital assets, potentially increasing LOKA’s value.

Cons:

• The value of LOKA is heavily dependent on the success and popularity of the League of Kingdoms game.

• As a game-specific token, its utility is limited outside the League of Kingdoms ecosystem.

• The gaming industry is highly competitive, and any decline in player interest could negatively impact LOKA’s value.

• Cryptocurrency market volatility can affect the token’s price unpredictably.

• Regulatory changes in the crypto or gaming industry could pose risks to the token’s viability.

• LOKA is part of a growing trend of play-to-earn games, which are gaining popularity in the gaming and crypto communities.

• The game offers a variety of gameplay modes, which can sustain a diverse player base and, by extension, demand for the token.

• The token’s governance feature empowers investors to have a say in the game’s future, potentially leading to better decision-making and increased token value.

• The integration of NFTs provides additional avenues for investment and earning within the game.

• The game’s developers have plans to expand features such as a proprietary NFT marketplace, which could further enhance the token’s utility.

• LOKA is not just a cryptocurrency but also a governance token, allowing holders to vote on game-related decisions.

• The token is integrated into a blockchain-based MMO strategy game, which is a relatively unique concept among cryptocurrencies.

• LOKA holders can earn tokens by playing the game, which is an attractive feature for gamers and investors alike.

League of Kingdoms (LOKA) addresses the lack of true ownership and governance in online gaming. By leveraging blockchain technology, it allows players to own in-game assets as NFTs and participate in the governance of the game’s ecosystem, creating a decentralized and player-driven environment.

The League of Kingdoms project is led by a team with experience in gaming and blockchain technology:

• Chan Lee - Chief Executive Officer

• Steve Hwang - Chief Technology Officer

• Han Yoo - Chief Operating Officer

• Edgar Kim - Chief Game Designer

• ICO Price:

• 1 LOKA = $0.16.

• Listing Date:

• The token sale occurred from 12th January to 20th January, 2022.

• Initial Allocated Units:

• 25,000,000 LOKA for public sale.

• The success of LOKA is closely tied to the League of Kingdoms game, which may face competition and changing player preferences.

• The gaming industry is subject to rapid change, which could render the game and its token obsolete.

• Cryptocurrency investments are inherently volatile and subject to market fluctuations.

• Regulatory risks could impact the ability to trade or use LOKA, especially as it pertains to NFTs and gaming.

• Technical issues or security vulnerabilities in the game or its blockchain infrastructure could undermine the token’s value.

The League of Kingdoms whitepaper outlines the game's vision of combining MMO strategy gaming with blockchain technology. The game allows players to build kingdoms, gather resources, and engage in battles, with the unique aspect that all land plots and certain assets are NFTs, providing real ownership to players. The LOKA token is central to the game's ecosystem, serving as a governance token that allows holders to vote on key decisions and as a utility token for in-game transactions.

The whitepaper details the tokenomics of LOKA, including its total supply, allocation, and distribution. It emphasizes the play-to-earn model, where players can earn LOKA through gameplay, contributing to a sustainable economy within the game. The document also discusses the game's various modes, including PvE, PvP, and MMO, and how these contribute to a rich and engaging experience for players.

The roadmap presented in the whitepaper includes the development of new features such as an NFT marketplace, PvP arena, and land reward hub, which aim to enhance the game's appeal and expand its user base. The whitepaper also addresses the technical aspects of the game, including its blockchain infrastructure and the role of LOKA in facilitating transactions and interactions within the game world.

Overall, the whitepaper provides a comprehensive overview of the League of Kingdoms game, its integration with blockchain technology, and the utility and governance functions of the LOKA token. It presents a vision of a decentralized gaming experience where players have a real stake in the game's world and its future development.