The Daily Hodl
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Binance Coin (BNB)
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
  • EMAIL ALERTS
  • DAILY HODL MIX
No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Binance Coin (BNB)
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
  • EMAIL ALERTS
  • DAILY HODL MIX
No Result
View All Result
The Daily Hodl
No Result
View All Result

League of Kingdoms Launches LOKA Token Following Explosive User Base Growth

by ChainWire
January 13, 2022
in Industry Announcements

January 13, 2022 – Tortola, British Virgin Islands


League of Kingdoms, the first true MMO blockchain game launched in 2020, is releasing the LOKA token to fuel the growth and give agency to its over 400,000 strong community of active users. The token will be released to users on January 20, 2022, with more details of the launch available closer to the date.

The LOKA token adds to the existing set of NFTs to enable governance rights and additional utility to the League of Kingdoms community. In addition to deciding on key features and plans for the game, LOKA holders will be able to stake the asset to receive a portion of the platform’s fees, and other upcoming use cases such as exclusive access to special NFTs.

League of Kingdoms has been released since early 2020, posting tremendous growth metrics throughout the two years. In the second half of 2021, the community of daily active users increased 20 times to 80,000. On the back of this success, League of Kingdoms raised $3 million from a host of well-known investors including Hashed, a16z, Sequoia India, Binance Labs and many angels from the GameFi sectors including Gabby Dizon of YGG, Aleks and Jiho of Sky Mavis (Axie Infinity) and Sebastien Borget of The Sandbox Games.

League of Kingdoms Arena is a free-to-play MMO game with intuitive yet complex game mechanics, which is built with the average non-crypto user in mind. NFTs in League of Kingdoms are simple to use and are introduced gradually to users – which helped the game attract a varied audience of both hardcore crypto and traditional gamers.

The launch of the LOKA token comes amid a number of new initiatives to evolve League of Kingdoms into a full game metaverse. These will include the launch of PvP arena, expansion of P2E, commerce platforms such as an NFT bazaar, esports integration and many other updates to make use of GameFi possibilities. The launch of the token will also help build a strong network of guilds and communities to attract organic play-to-earn veterans.

Simon Kim, CEO of Hashed VC, said,

“We are proud to be an early backer of League of Kingdoms and the team’s journey to build a fundamentally strong game that effectively marries the best of both web 2.0 and web 3.0 gaming. I do not doubt that League of Kingdoms will [next] onboard millions of gamers who will come for the game’s appeal and be staying for crypto.”

Chan Lee, co-founder of League of Kingdoms, said,

“This has been truly a long time coming for us – working on League of Kingdoms when nobody believed in the promise of blockchain games and play-to-earn. Now, with our friends from Axie Infinity breaking the floodgates open, we’re ready to show the wider P2E community what we’ve been working on.”

About League of Kingdoms Arena

League of Kingdoms is an MMO strategy game where gamers fight for the dominion of land and loot powered by NFTs. Players can build their own kingdom and armies to defeat or ally with other kingdoms and monsters. Using the LOKA token, the community can decide the fate of the game and obtain exclusive NFT rewards.

Contact

Han Yoo, COO of League of Kingdoms

This content is sponsored and should be regarded as promotional material. Opinions and statements expressed herein are those of the author and do not reflect the opinions of The Daily Hodl. The Daily Hodl is not a subsidiary of or owned by any ICOs, blockchain startups or companies that advertise on our platform. Investors should do their due diligence before making any high-risk investments in any ICOs, blockchain startups or cryptocurrencies. Please be advised that your investments are at your own risk, and any losses you may incur are your responsibility.


Follow Us on Twitter Facebook Telegram

Check out the Latest Industry Announcements
 

 
Submit a Press Release

Industry Announcements

  • Devour and AlterVerse Partner To Bring the World’s First Web 3.0 Food Ordering Marketplace to the Metaverse
    June 1, 2023
  • Bumper’s Breakthrough DeFi Protocol Set To Reshape Options Pricing
    May 31, 2023
  • MetaZone Secures Funding To Expand the World’s First Tokenized App Platform for the Metaverse
    May 30, 2023
  • The QWAN Launch – A Token for the Global Gaming Industry
    May 30, 2023
  • Bitcoin.com’s VERSE Token Now Available for Trading on Kucoin
    May 29, 2023
  • Huobi Set To Launch Trading Service in Hong Kong
    May 26, 2023
  • Stably Launches #USD As the First BRC20 Stablecoin on the Bitcoin Network
    May 25, 2023
Submit a Guest Post
ADVERTISEMENT
Bitcoin
$27,111.26
$27,111.26
0.92%
Ethereum
$1,893.33
$1,893.33
1.81%
Cardano
$0.376334
$0.376334
3.46%
XRP
$0.516251
$0.516251
2.09%
Dogecoin
$0.07224
$0.07224
0.53%

Spotlight

  • Mysterious Bitcoin Whale Abruptly Moves Over $525,000,000 in BTC – Here’s Where the Crypto’s Headed
    May 26, 2023
  • Under-the-Radar Ethereum-Based Altcoin Flashing Bullish Signal, Says Crypto Analytics Firm Santiment
    May 26, 2023
  • Traders Are Flocking to ‘Blue Chip’ Bitcoin and Fleeing Altcoins, Says Analyst Benjamin Cowen – Here’s Why
    May 26, 2023
  • Shiba Inu’s Shibarium Mainnet Launch Nears As Testnet Transactions Surge to Over 12,000,000 – Here’s the Timeline
    May 26, 2023
Coinfest Asia Banner
DON'T MISS A BEAT
Crypto headlines delivered daily
to your inbox
BTC, ETH, XRP news alert options
By joining The Daily Hodl news list you agree to our
Terms and Conditions and Privacy Policy.
Featured Image: Shutterstock/Billion Photos

Cryptocurrency news and analysis, covering Bitcoin, Ethereum, Ripple, XRP, altcoins and blockchain technology

Categories

Bitcoin • Ethereum • Trading •
Ripple and XRP • Altcoins •
Blockchain • Regulators •
Scams • Crypto101 • HodlX •
Futuremash •
Industry Announcements

ABOUT US | EDITORIAL POLICY | PRIVACY POLICY
TERMS AND CONDITIONS | CONTACT | ADVERTISE

JOIN US ON TELEGRAM

JOIN US ON TWITTER

JOIN US ON FACEBOOK

COPYRIGHT © 2017-2023 THE DAILY HODL

No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Binance Coin (BNB)
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
  • EMAIL ALERTS
  • DAILY HODL MIX

© 2023 The Daily Hodl