League of Kingdoms Arena launched the LOKA token in order to fuel the growth of its over 400,000 strong community of active users. Moreover, the token will be available to users on January 20, 2022.
League of Kingdoms’ the LOKA token adds to the present set of NFTs in order to enhance governance rights and additional utility to the community of the League of Kingdoms.
More so, the LOKA holders can stake the asset to get a portion of the platform’s fees, and also other upcoming use cases like exclusive access to special NFTs. Since the platform’s launch, League of Kingdoms shows huge growth metrics.
In Q2 2021, the community of daily active users increased 20 times to 80,000. In addition to this, the League of Kingdoms raised $3M from well-known investors which includes Hashed, a16z, Sequoia India, Binance Labs, and many angels from the GameFi sectors those includes Gabby Dizon of YGG, Aleks & Jiho of Sky Mavis (Axie Infinity), and Sebastien Borget of The Sandbox Games.
Free-to-play MMO Game League of Kingdoms Arena
The League of Kingdoms Arena is a F2P MMO game. More so, the NFTs in LoK are easy to utilize and introduced to users gradually, which helps the game attract a wider audience of both hardcore crypto and traditional gamers.
Added to this, the launch of the LOKA token comes despite a number of new initiatives to enhance League of Kingdoms to a complete game metaverse. More so, these will indicate the PvP arena launch, P2E expansion, commerce platforms like NFT bazaar, esports integration and many other updates to use GameFi possibilities. Even more, the token launch will help develop a strong network of guilds and communities to attract organic P2E veterans.
League of Kingdoms Co-Founder Chan Lee said,
“This has been truly a long-time coming for us, working on LoK 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!”
Furthermore, League of Kingdom allows the players to develop their own kingdoms and armies in order to defeat other kingdoms and monsters, as well as ally with them.
