What Is a Meme Lordz (LORDZ)?
The Meme Lordz (LORDZ) is a blockchain-based game powered by the Binance Smart Chain
network. The platform enables players with play-to-earn games, where these play-to-earn games help the gamers receive non-fungible tokens (NFTs) and crypto tokens while playing the games.
Players can enjoy over sixty hours of misty, Pokemon-like gameplay in the Meme Lordz (LORDZ) beta release. The game aims to feature a rich story line, a dynamic combat system, and a cutting-edge NFT minting system, allowing players to immortalize Meme Lordz (LORDZ) as collectible NFTs. Minting means converting a digital good (like gaming collectibles and artwork) into a unique token. With the platform, the team aimed to ensure that no one could manipulate the special mint feature; so that there was no unfair receiving of NFTs. Therefore, the platform needed a secure RNG (random number generator) that could create verifiable randomness on the chain. The random numbers are used for key generation to seek to ensure the truthfulness of the system.
After reviewing various solutions, the developers chose Chainlink VRF technology to secure blockchain transactions. Chainlink VRF is a tamper-proof and transparent source of random outcomes. The oracle technology is used in the network and is secured by cryptographic proofs that prove the integrity of each random number supplied to smart contracts. Oracle is software that connects blockchain technology to the real world.
The LORDZ token is the core of the Meme Lordz (LORDZ) game and NFT minting system. The LORDZ is a BEP20 token and provides utilities within the Meme Lordz game. Also, the token holders seek to get incentives for holding the tokens. During the game, LORDZ needs to mint NFTs. For users to successfully mint an NFT after battling and catching Meme Lordz (LORDZ) in the game, they need to pay for blockchain gas fees via BNB (BNB) and LORDZ. Gas is the fee required to execute a transaction on the platform. The token holders also seek to receive passive tokens through the redistribution of minting fees.
History of the Meme Lordz (LORDZ) Token
The team comprises Ryan Smith, founder & CEO, Milan Votrubec, systems engineer,
Momsaad Kahn who looks after blockchain engineering, and more. The maximum total supply of the LORDZ (LORDZ) token is 100,000,000 LORDZ.