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League of Kingdoms Arena

LOKA

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About League of Kingdoms Arena

LOKA is an Ethereum token that powers the League of Kingdoms MMO strategy game where gamers fight for the dominion of land. Players can build their own kingdom and armies to defeat or ally with other kingdoms and monsters. The LOKA token enables governance rights, additional utility with the League of Kingdom's community, and access to exclusive NFT rewards.

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.

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.

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.

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.

League of Kingdoms Arena aims to allow players to own land and assets, develop them, form alliances, and engage in strategic warfare. The game utilizes Ethereum blockchain technology and $LOKA tokens for transactions and governance. The game features four major resources: wood, stone, corn, and a fourth resource, which players receive by completing tasks and mining. LAND, a non-fungible token, is used within the game to acquire lands in the kingdom. The game introduces the concept of minting NFTs that can be traded or burned to create new resources. A distinctive feature is the transparent voting system, which strives to allow players to participate in decision-making regarding the game's development and future. This combination of strategy, resource management, and player governance is a characteristic of League of Kingdoms Arena in the blockchain gaming space.

In League of Kingdoms Arena, the play-to-earn model is designed to reward players for their active participation and contribution to the game's economy. Players can acquire and hold virtual land, with all landowners partaking in a 10 percent distribution of the in-game non-monetary rewards, which are distributed daily. The stake on the distribution share depends on the land’s development level, with higher-level lands receiving a larger percentage. Players can participate, engage, and exchange using the land. The game consists of five different layers: Blockchain, Land, Kingdoms, Alliance, and Congress. Each layer provides unique opportunities for players to receive non-monetary incentives. For instance, in the Blockchain layer, players have true ownership in an open economy, with transparent governance. In the Land layer, land is non-fungible virtual real estate stored on the blockchain. In the Kingdoms layer, a kingdom aims to evolve into a thriving city-state with a robust army. The Alliance layer involves diplomacy, trade relations, and governance of the continent. Lastly, the Congress layer is a group of chosen leaders that govern the entire continent, making decisions on non-monetary incentives, distributions, and many other aspects within the game.

In League of Kingdoms Arena, NFTs play a crucial role in enhancing the gaming experience and providing unique opportunities for players. The game incorporates NFTs in the form of Land, Drago (pet dragons), and resources. Land NFTs represent ownership of specific areas within the game's universe across all servers, creating a sense of scarcity and infinite expansion. These Land NFTs accumulate development points based on player activity, which can contribute to gameplay complexity. Drago NFTs, on the other hand, provide various in-game benefits and are central to the play-to-participate mechanics of the game. They can be bred, trained, and used in battles or resource mining. Resource NFTs are created from in-game resources and can be sold on the market, providing another aspect of gameplay for players to explore. The integration of NFTs in League of Kingdoms Arena strives to foster a dynamic, entrepreneurial player community, fostering a more engaging and interactive gaming experience.

League of Kingdoms Arena is currently undergoing a security audit by CertiK, a blockchain security firm. The audit is in progress and the security experts are working with the project team to review any updates made to the implementation based on recommendations provided in the preliminary report. This process is intended to contribute to the game's security and integrity. It's important to note that the results of the audit are not yet available as the process is still ongoing. The game's developers aim to uphold security standards and are cooperating with the audit team to address any potential vulnerabilities.

Market

Market stats

Market cap

$42.9M

Volume (24h)

$3.0M

Circulating supply

167.5M LOKA

Typical hold time

5 days

Popularity

#653

All time high

$5.37

Price change (1h)

-0.27%

Price change (24h)

-5.14%

Price change (7d)

-5.52%

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League of Kingdoms Arena is on the decline this week.

The price of League of Kingdoms Arena has decreased by 0.27% in the last hour and decreased by 5.14% in the past 24 hours. League of Kingdoms Arena’s price has also fallen by 5.52% in the past week. The current price is $0.26 per LOKA with a 24-hour trading volume of $3.03M. Currently, League of Kingdoms Arena is valued at 95.22% below its all time high of $5.37. This all-time high was the highest price paid for League of Kingdoms Arena since its launch.

The current circulating supply of League of Kingdoms Arena is 167,451,480.862 LOKA which means that League of Kingdoms Arena has as total market cap of 167,451,480.862.

FAQ

What is the current price of League of Kingdoms Arena?

We update our League of Kingdoms Arena to USD currency in real-time. Get the live price of League of Kingdoms Arena on Coinbase.

What is the market cap of League of Kingdoms Arena?

The current market cap of League of Kingdoms Arena is $42.94M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of League of Kingdoms Arena?

The all-time high of League of Kingdoms Arena is $5.37. This all-time high is highest price paid for League of Kingdoms Arena since it was launched.

What is the 24 hour trading volume of League of Kingdoms Arena?

Over the last 24 hours, the trading volume of League of Kingdoms Arena is $3.03M.

What other assets are similar to League of Kingdoms Arena?

Assets that have a similar market cap to League of Kingdoms Arena include Wanchain, Dione Protocol, Boba Network, and many others. To see a full list, see our comparable market cap assets.

How many League of Kingdoms Arena are there?

The current circulating supply of League of Kingdoms Arena is 167 million.

What is the typical holding time of League of Kingdoms Arena?

The median time that Coinbase customers hold League of Kingdoms Arena before selling it or sending it to another account or address is 5 days.

What is the relative popularity of League of Kingdoms Arena?

League of Kingdoms Arena ranks 269 among tradable assets on Coinbase. Popularity is currently based on relative market cap.

What is the current trading activity of League of Kingdoms Arena?

Currently, 60% of Coinbase users are buying League of Kingdoms Arena. In other words, 60% of Coinbase customers have increased their net position in League of Kingdoms Arena over the past 24 hours through trading.

Can I buy League of Kingdoms Arena on Coinbase?

Yes, League of Kingdoms Arena is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy League of Kingdoms Arena guide.

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