A new multiplayer online (MMO) strategy game leveraging the power of blockchain technology has entered the crypto world after joining the Binance market.
In a recent announcement, crypto exchange giant Binance has released a medieval-themed metaverse war game. League of Kingdoms (LOKA) said that the local governance token is now available for trading on its platform.
the @LeagueKingdoms Launchpad completed with more than 9 million #BNB committed. $LOKA trading is now live on #Binance!
Trade here ➡️ https://t.co/vzsSvhlNnp pic.twitter.com/z1Uj7H7bRq
— Binance (@binance) January 20, 2022
The newly minted altcoin was launched yesterday at a price of $2.42, and its price reached as high as $2.78 after the listing announcement. With a market cap of $66 billion at the time of writing, LOKA has performed well today as well, rising nearly 18 percent from today’s low of $2.27 to $2.67.
League of Kingdoms plans to expand the traditional strategic fighting game format by using blockchain features such as non-fungible tokens (NFTs), which serve as pieces of land for the project. Additionally, the governance of the protocol will be determined by a Decentralized Autonomous Organization (DAO).
Besides governance, LOKA can be used for in-game purchases, minting or upgrading NFT assets and staking assets to earn rewards
The token will be available in Binance’s Innovation Zone, a special area where the platform offers investors crypto assets that can experience volatile price movements.
He states this about the platform in the project whitepaper:
“Players not only own these Lands, but they can also collect resources in the Lands and turn them into NFTs for trading.”
All these tokenized assets are traded and traded on the blockchain in a transparent and reliable manner without any middlemen.”
According to Binance’s statement, LOKA; It will be available in Bitcoin (BTC), Binance Coin (BNB), Binance USD (BUSD) and Tether (USDT) trading pairs.
Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility. Finally, Koinfinans and the author of this content cannot be held responsible for personal investment decisions.