The very first MMORPG in the blockchain segment to unveil its token on January 20, 2022
- LOKA token debuts on January 20
- When the MMO becomes metaverse
League of Kingdoms, a blockchain-based massively multiplayer online strategy game, has shared details of the upcoming release of its highly anticipated token.
LOKA token debuts on January 20
According to the official announcement shared by League of Kingdoms, its LOKA token will go live on January 20, 2022. The new utility token is expected to reflect the explosive growth of the play-to-earn user base.
—Steve Lee (@xxstevelee) January 12, 2022
LOKA holders will be able to stake their coins for a pre-determined period in order to receive a share of League of Kingdoms revenue.
On top of that, all LOKA owners will get access to the platform’s exclusive features, first of all, limited editions of LoK’s non-fungible tokens.
The LOKA token will also offer its holders the opportunity to participate in referendums on governance. The LOKA community will have a say in discussions about crucial protocol updates.
Chan Lee, co-founder of League of Kingdoms, points out that this token release is designed to reflect the increase in League of Kingdom’s user base and overall number of game-to-win enthusiasts globally:
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!
When the MMO becomes metaverse
This launch follows the enticing round of seed funding fueled by top VCs Hashed, a16z, Sequoia India, Binance Labs and business angels from the GameFi sectors, including Gabby Dizon of YGG, Aleks & Jiho of Sky Mavis (Axie Infinity) and Sebastien Borget of The Sandbox Games.
LOKA tokens will power the next phase of utility growth for 400,000 users. Besides, the project is going to release new functions such as PvP arena, NFT bazaar and e-sports module.
Therefore, LOKA will fuel League of Kingdoms’ transition to a one-for-all metaverse for GameFi and MMORPG enthusiasts.