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0 Comments Dec-28-2021

What is League of Kingdoms?
League of Kingdoms is a strategy MMO (massively multiplayer online) game. Within the game, you can build and nurture your own kingdom while at the same time competing with and attacking other players. You do this either on your own or in alliance with other players, who can not only support you in warfare, but share resources and help you increase the value of your territory.

Both land and the resources you need to grow your kingdom can be minted as NFTs, and then traded outside the game.

You can make money by trading assets, as well as by renting out access to land. Owners of land in the game receive their cut of a pool of 5% of all the resources gathered by players, and another pool of 10% of the profits from in-game purchases that is distributed to users in DAI, a stablecoin pegged to the US dollar.

You can play League of Kingdoms on iOS, Android or on your desktop browser.

Disclaimer: This information is not financial advice or an endorsement of cryptocurrency or any specific provider, service or offering. Cryptocurrencies are highly volatile and high risk. Do your own research and seek financial advice before buying. And make sure the provider you're interested in is available in your state.

What are NFTs in League of Kingdoms?
An NFT is a unique digital token used to represent ownership of a digital asset – in this case, in-game items and collectibles. NFTs are attracting a lot of interest as they could solve the issue of collectability in gaming in general.

NFTs offer the prospect of truly one-of-a-kind in-game assets that can hold their value or even grow in value over time. They may be reliably updated and augmented as gamers hold on to them. Alternatively, gamers may wish to trade them in one of the many thriving online marketplaces available.

Within League of Kingdoms, NFTs are lands and totems. Each of these types of NFTs have a different function in the game.

How does play to earn work within League of Kingdoms?
There are 3 ways to earn money in League of Kingdoms:

The simplest is passive income from owning land – 5% of the resources harvested by players are redistributed to landowners, and they also receive 10% of the profits from in-game purchases in DAI.
Players can trade their land with one another within the game. In the first land sale in December 2020, the price of land ranged from USD$13 to USD$240.
You can gain resources in the game and then sell them on external marketplace platforms.
Does League of Kingdoms have a token?
At the time of writing (8 October 2021), League of Kingdoms does not have a token unless you count the NFTs minted to validate ownership of your land and to represent ownership of particular resources.

Any distribution of revenues from the League of Kingdoms team comes in DAI, a stablecoin tied to the US dollar.

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