What is LOKA coin and is it worth it?
What is LOKA coin, and is it worth it?
League of Kingdoms, a strategic game based on the Play to Earn method, was announced as project No 26 on Binance Launchpad. The project is funded by Binance Labs. So let’s learn more about the project, the game itself, LOKA coin price prediction, and League of Kingdoms game metaverse in general.
What is the League of Kingdoms?
It’s a multiplayer strategy game where players fight for dominance. Players build kingdoms, fight monsters (PvE), and battle enemy kingdoms (PvP) or alliances (MMO).
League of Kingdoms is a “Free to Play” and “Play to Earn” game focused on war strategies. It works like a traditional game except that it is powered by blockchain technologies.
League of Kingdoms intends to use NFT technology in its game, where players can build kingdoms, erect armies, or form alliances with other players on the battlefield. Game lands will be presented in the form of NFTs that players can own.
The LOKA coin will be the governance token of the project. It will allow its owners to vote or direct the strategic policy of the League of Kingdoms project.
It will also serve as currency within the game store to acquire skins, merchandise, or other NFTs. For the most active players, it will even be possible to earn LOKA tokens by participating in competitions or by completing specific tasks.
Players will also be in a position to earn NFTs based on their performance level. With rarer NFTs for the best performances! The game, therefore, incorporates all the ingredients that make “Play To Earn” type games work.
The adoption of the project and the token in the longer term will, therefore, largely depend on the adoption and reception of the platform by the players. At this point, the project leaders will seek to offer an ever-new experience so that players continue to flock to the platform. Investors will dream of an Axie Infinity future!
What is special about the League of Kingdoms?
It’s a game that uses blockchain technology for transactions and administration:
Kingdom Building
Users can build kingdoms, develop technologies, and train armies to hunt monsters and fund resources.
Alliance Wars
Players can join or forge an alliance to compete within and beyond the continent.
NFT Economy
Users can own the land where thousands of players play games in the form of NFT. Players can own not only the plots but also the resources and future development of the game platform.
Some engaging experiences involve:
An immersive MMO experience
Lok currently has 15.000 concurrent players, 400.000 daily active players, and 80.000 monthly active players. Through transcontinental battles and many other competitions, users can enjoy an immersive global MMO experience.
Various Game Modes
Players can enjoy everything from single-player campaigns to PvE and PvP in one place.
DAO-Perfect Game Design: From day one, players will immerse in a world with the perfect combination of economic, social, and political factors. Governance plays a key role in establishing order, making it the perfect environment for a Decentralized Autonomous Organization (DAO).
World-Class Development Team: A development team of experienced game developers, designers, artists, and operators from leading AAA game studios and innovative technology companies.
LOKA Coin Tokenomics
Blockchain: Ethereum.
Contract: Update…
Token standard: ERC-20.
Token Type: Utility, Governance.
Total supply: 500,000,000 LOKA.
Tokens in circulation: 50,708,974 LOKA.
Private sale: 6.2%.
Binance Launchpad Sale: 5%.
Staking rewards: 20%.
Game rewards: 13%.
LOKA coin use cases
Governance: LOKA coin holders can propose and vote on network governance decisions.
Means of exchange: Users can use LOKA coins to pay for and purchase in-game items.
Incentivize Players: Users can earn LOKA as a reward by winning in-game competitions.
NFT Upgrade: LOKA can be used to create and upgrade NFT assets.
Platform Rewards: Bet on LOKA to earn LOKA rewards, as well as other special NFT assets.
Sale of tokens
The project raised $3.1 million through a private token sale. Of which 6.20% of the total supply was sold for 0.1 USD/LOKA.
The team behind League of Kingdoms
Chan Lee (CEO): CEO of UNOPENED and co-founder/CEO of NOD Games. He is also former co-founder of NEXTMATCH, founding board member of DAYLI Financial Group (the stock company of Coinone exchange and ICON).
Steve Hwang (CTO): NOD Games CTO and founder and CEO of 109 studios. Former CTO of Weneepl, software engineer of Electronic Arts (EA) and founding team of Com2us (formerly Gamevil).
Han Yoo (COO): COO of NOD Games. Former Vice President of Products at LG Electronics US.
LOKA coin Roadmap
2022:
Launched the old CvC battlefield.
Launched NFT Skin coding.
Launch of the NFT marketplace.
Launch of the breward dashboard.
Land Rewards Hub launched.
Launch of the PvP arena.
Launch of the MMO Guild war game.
2023:
Launch of the Governance agora.
Launch of the Esports Dashboard.
Launch of the GameFi dashboard.
Launch of NFT interoperability bridges.
LOKA coin price prediction 2022
According to our in-depth technical analysis of past price data of LOKA, in 2022, League of Kingdoms Arena price is expected to reach a minimum level of $1.42. The LOKA price can reach a maximum level of $1.62 with an average price of $1.47.
LOKA coin price prediction 2023
League of Kingdoms Arena price is expected to reach a minimum level of $2.04 in 2023. League of Kingdoms Arena price may reach a maximum level of $2.41 with an average price of $2.11 throughout 2023.
LOKAE Price Prediction for 2024-2025
According to the price forecast and technical analysis, in 2024, the price of League of Kingdoms Arena is expected to reach a minimum level of $3.14. The LOKA price can reach a maximum level of $3.64 with an average price of $3.25.
The price of 1 League of Kingdoms Arena is expected to reach a minimum level of $4.75 in 2025. The LOKA price may reach a maximum level of $5.55 with an average price of $4.91 throughout 2025.
LOKA coin price prediction 2026
The League of Kingdoms Arena price is expected to reach the lowest possible level of $7.03 in 2026. According to our findings, the LOKA price might reach a maximum possible level of $8.35 with an expected average price of $7.27.
LOKA coin price prediction 2027
According to our in-depth technical analysis of past price data of LOKA, in 2027, the price of League of Kingdoms Arena should be around a minimum value of $10.51. The League of Kingdoms Arena prize value can reach a maximum of $12.31 with an average market value of $10.88 USD.
LOKA coin price prediction 2028
The price of League of Kingdoms Arena is expected to reach a minimum value of $15.41 in 2028. The price of League of Kingdoms Arena could reach a maximum value of $18.80 with an average price of $15.96 throughout 2028.
LOKA coin price prediction 2029
According to forecasts and technical analysis, in 2029, the price of League of Kingdoms Arena is expected to reach a minimum price of $21.94. The LOKA price could reach a maximum price value of $26.58 with an average value of $22.74.
LOKA coin price prediction for 2030
The price of League of Kingdoms Arena is expected to reach a minimum value of $30.87 in 2030. The price of League of Kingdoms Arena could reach a maximum value of $37.65 with an average trading price of $31.78 throughout 2030.
LOKA coin price prediction 2031
The League of Kingdoms Arena price is expected to reach the lowest possible level of $42.71 in 2031. According to our findings, the LOKA price might reach a maximum possible level of $51.85 with an average forecast price of $43.98.
Improving the governance rights for the gaming community
The LOKA token is added to the current set of LoK NFTs to improve governance rights and utility for the gaming community. Holders of the token will be in a position to stake the asset in exchange for a share of the fee of the platform, decide on the main features and plans of the game and receive exclusive access to special NFTs, among other benefits.
The LoK community was multiplied by twenty in the second half of 2021.
In the second half of 2021, LoK’s active user community grew 20 times to 80,000. Meanwhile, the blockchain game raised $3 million from Hashed, Binance Labs, a16z and other well-known investors, as well as numerous GameFi angel investors.
NFT in the game is easy to use. It’s gradually being introduced to users, which helps LoK attract a diverse audience of traditional and crypto-savvy players.
Chan Lee, the co-founder of League of Kingdoms, said:
It’s been really long for us, working on LoK when no one believed in the promise of blockchain games and gambling to win. Now, with our friends at Axie Infinity opening the floodgates, we’re ready to show the wider P2E community what we’ve been working on!
Hashed CEO Simon Kim added:
We’re proud to be an early supporter of League of Kingdoms and the team’s journey to create a fundamentally sound game that effectively marries the best of Web2 and Web3 gaming. I have no doubt that League of Kingdoms will onboard the next millions of players who will come for the gaming appeal and stay for the crypto.
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