What is League of Kingdoms Arena?

League of Kingdoms Arena (LOKA) is a blockchain-based Massively Multiplayer Online (MMO) strategy game that aims to provide a play-to-earn ecosystem. In this game, players can build kingdoms, raise armies, form alliances, and compete for power and wealth. The game supports various gaming modes, including player-versus-environment (PvE), player-versus-player (PvP), and party-play (MMO). LOKA, the game's governance token, allows holders to participate in the decision-making process on the platform, purchase in-game items, and receive compensation through staking. The game also features a utility token called DST (Dragon Soul Token), which is necessary for breeding Dragos, the dragon-like in-game characters.

How does League of Kingdoms Arena work?

League of Kingdoms Arena operates on a play-to-earn model, where players can receive compensation from in-game activity. The game allows users to build kingdoms, raise armies, form alliances, and compete on the battlefields for power and wealth. The game's governance token, LOKA, enables holders to participate in the platform's decision-making process, purchase in-game items, and receive compensation through staking. The game's utility token, DST, is necessary for breeding Dragos, the dragon-like in-game characters. All the pieces of land in the game are represented as ERC-721 non-fungible tokens (NFTs), providing gamers with an opportunity to farm and monetize resources, receive compensation from renting out the plots, and receive a share of the project’s revenue.

What are the potential use cases for League of Kingdoms Arena?

League of Kingdoms Arena seeks to provide a unique gaming experience that combines strategy, competition, and blockchain technology. The game's play-to-earn model allows players to receive compensation from in-game activity, making it a potential source of compensation for dedicated gamers. The game's governance token, LOKA, and utility token, DST, can be used within the game for various purposes, such as participating in the decision-making process, purchasing in-game items, and breeding Dragos. The game's land, represented as ERC-721 non-fungible tokens (NFTs), can be farmed and monetized, providing a potential source of compensation for landowners.

What is the history of League of Kingdoms Arena?

League of Kingdoms Arena was launched in July 2021 by NOD Games, a blockchain-based game development company co-founded by Chan Lee and Steve Hwang. Chan Lee, the CEO of NOD Games, has a degree in Computer Science from Pohang University of Science and Technology and has previously worked as a product designer for Samsung Electronics. Steve Hwang, the CTO of NOD Games, is an experienced programmer and game developer who was previously a member of the founding team at Gamevil. The LOKA token went live in January 2022. The platform released a proprietary NFT marketplace, a PvP arena, and a land reward hub among other new features in 2022.