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COINTURK NEWS > Altcoin News > What is League of Kingdoms Arena Coin (LOKA)?
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What is League of Kingdoms Arena Coin (LOKA)?

In Brief

  • League of Kingdoms (LOKA) is a blockchain-based Massively Multiplayer Online (MMO) strategy game. As a play to earn ecosystem, League of Kingdoms allows players to earn real income through in-game events. ContentsWhat is League of Kingdoms Arena (LOKA)? LOKA Coin Comment How to Buy LOKA Coin?  What is League of Kingdoms Arena (LOKA)?  During the game, users can […]
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League of Kingdoms (LOKA) is a blockchain-based Massively Multiplayer Online (MMO) strategy game. As a play to earn ecosystem, League of Kingdoms allows players to earn real income through in-game events. 

Contents
What is League of Kingdoms Arena (LOKA)? LOKA Coin Comment How to Buy LOKA Coin? 

What is League of Kingdoms Arena (LOKA)? 

During the game, users can build kingdoms, create armies, form alliances, and compete on battlefields for power and wealth. The game supports player versus environment (PvE), player versus player (PvP) and party game (MMO) game modes. 

League of Kingdoms’ governance token, LOKA, allows its holders to take part in the decision-making process on the platform, purchase in-game items and profit through staking, while the project’s utility, called DST (Dragon Soul Token), is needed to breed Drago, dragon-like in-game characters. 

Drago accompanies kingdoms and can participate in various game events. Offered as ERC-721 NFTs on the platform, they will serve as a foundation for the further development of the project’s win-win economy. Owning a Drago is a prerequisite for players to earn DST. Both LOKA and DST are required to train a Drago. DST will also be used to develop, upgrade and unlock various in-game utilities. 

All pieces of land in the game are represented as ERC-721 non-fungible tokens (NFTs). Ownership of tokenized digital real estate offers players the opportunity to collect and monetize resources, receive dividends from leasing plots, and share in project revenue. 

As a sophisticated socio-economic ecosystem, League of Kingdoms requires well-thought-out governance to ensure long-term sustainable prosperity. The platform plans to gradually centralize to the DAO to guarantee control and fair distribution of value in the community. Although the game is centrally controlled in the early stages of development, it aims to achieve full community-led governance through the development of decision-making process infrastructure on the platform. 

Chan Lee is the Chief Executive Officer (CEO) and co-founder of NOD Games, a blockchain-based game development company that created League of Kingdoms (LOKA). Chan Lee holds a degree in Computer Science from Pohang University of Science and Technology, one of the top higher education institutions in South Korea. Chan Lee previously worked as a product designer for Samsung Electronics, was a board member at DAYLI finance group, a fintech company, and was the co-founder of NEXTMATCH, a dating app service provider in South Korea. 

LOKA Coin Comment 

The LOKA token was released in January 2022. According to the official whitepaper, the game was released in July 2021. In 2022, the platform plans to release a proprietary NFT marketplace, a PvP arena and a land reward center, among other new features. 

How to Buy LOKA Coin? 

LOKA Coin can be purchased quickly and securely on Binance, the world’s largest cryptocurrency trading platform by trading volume. 

To buy LOKA Coin, you first need to become a member of Binance and then send fiat money. After sending a fiat currency such as Turkish Lira or dollars, the purchase transaction can be realized in the LOKA trading pair by taking BUSD, Bitcoin (BTC), Binance Coin (BNB) and Tether (USDT), where LOKA Coin is traded. 

In addition, on Binance, users can place purchase orders not only at market value but also at lower values, allowing them to buy at the price they want. Simply use the Limit tab and enter the amount you want to buy and the price you want to buy at. 

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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COINTURK NEWS 8 May, 2023 - 6:25 pm 8 May, 2023 - 10:00 pm
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