League of Kingdoms ArenaLOKA to AUD

This article will discuss the many components of this coin. You will get specifics on its current status and its predicted goals and objectives. In short, this write-up will offer an accurate and precise assessment of the League of Kingdoms (LOKA) blockchain. This will enable you to make a wise decision on whether or not to make purchases of this digital coin. 

Who Are the Founders of the League of Kingdoms?

The prime minds behind this cryptocurrency are as follows: 

• Chan Lee 

He is both a co-founder and chief executive officer (CEO) of the League of Kingdoms (LOKA). He got a degree in computer science from the Pohang University of Science and Technology, which is one of the most prestigious institutions in South Korea. He is the former Samsung Electronics product designer. He is now a member of the executive board of fintech firm DAYLI Finance Group and co-founder of South Korea's most widely used dating app, NEXTMATCH.

• Steve Hwang 

He is an accomplished programmer and game developer. He is both a co-founder and chief technologist of NOD Games. His background includes stints as a software engineer at the illustrious Electronic Arts and a founding team member at Gamevil, a Seoul, Republic of Korea-based mobile game publisher.

When Did LOKA Trading Begin?

LOKA or "League of Kingdoms," was first put up for trade in January 2022. The game was released in July 2021, as described in the game's official whitepaper.

What Makes the League of Kingdoms Unique?

This digital coin has the following noteworthy attributes, which help it excel in the gaming industry:

• Entices Both Gamers and Crypto Enthusiasts

LOKA has a play-to-earn economy and an extensive range of in-game content and gameplay options. This appeals to both mainstream players and cryptocurrency fans. The project markets itself as the first 4x (Explore, Expand, Exploit, Exterminate) blockchain-based massive multiplayer game.

• Opportunity to Monetize Resources

An ERC-721 non-fungible token (NFT) can identify each land piece in the game.  Users can take ownership of the tokenized digital real estate. This gives players the chance to rent out the plots, cultivate and monetize resources, and get a portion of the project's earnings.

• Intends to Ensure a Fair Distribution of Control 

The League of Kingdoms is an advanced socioeconomic system. It ensures a more equitable allocation of power and wealth within the community and decentralizes the DAO in stages. In short, the game aims to attain complete community-led governance, even if it is now centrally managed during the early phases of development.

• Supports Multiple Modes of Play

Players have the opportunity to construct kingdoms, recruit armies, strengthen alliances, and compete in epic battles for the chance to gain status and treasures. In addition to player versus player and group play, the game also features player versus environment and various other online multiplayer modes.

• Cross-platform Compatibility  

LOKA ensures universal accessibility across various platforms, spanning mobile devices and web browsers. The game's cross-platform support enables players to effortlessly switch between various devices and engage in gameplay at their convenience, irrespective of location or time. Additionally, it promotes the inclusion of a wider variety of players, thereby improving the entire playing experience.

How Many LOKA Coins Are There in Circulation?

The current circulating supply of tokens is recorded at 46,243,000 LOKA, out of a total supply of 500,000,000 LOKA. The official sources indicate that tokens will be distributed as follows:

• 20% of the overall supply is within the team's possession.
• 19% is designated for financing the ecosystem's continued expansion.
• The company has a 10% reserve, of which 6% has been assigned to the private sale.
• A share of 5% is allocated via the public sale.
• One-third is devoted to incentivizing players' talent and strategy through game distribution.
• For landowner rewards (land issuance), 5% is designated.
• 20% was set aside for reward accumulation.
• 2% designated to advisors

How is the League of Kingdoms Network Secured?

LOKA is a conventional ERC-20 token that uses the Polygon/Matic network and the Ethereum blockchain to provide a layer 2 solution. With Polygon/Matic, Ethereum transactions are more scalable, and gas costs are reduced.

How is LOKA Performing Currently and What Are Its Future Possibilities?

The price of League of Kingdoms is anticipated to have increased by 226.49%, reaching $0.914080 by May 23, 2024. The present attitude is neutral, and the Fear & Greed Index displays a level of 71.  According to the LOK projection, the current market conditions indicate that it is the perfect time to purchase the League of Kingdoms. 

Using historical price patterns,  we can project that the lowest price of League of Kingdoms in 2025 will be around $0.279970. Furthermore, it has been forecast that the price of League of Kingdoms will soar to a staggering $1.315801 in the upcoming year. 

Where Can You Buy LOKA?

League of Kingdoms can be purchased on several exchanges including Binance, Gate.io, Poloniex, Tokocrypto, Mandala Exchange, Bitrue, BTCEX, XT.COM, Hoo, Hotbit, TOKENCAN, Hotcoin Global, CoinEx, Uniswap V2, and others.

Conclusion

We laid out the key details about LOKA in this extensive material. However, It is possible that a certain aspect of the digital currency might have been overlooked. So, before you put your money into this digital asset, ensure that you do some investigation or take the counsel of someone with crypto expertise.