League of Kingdoms is probably the first MMORTS games created entirely on blockchain, playable on mobile and PC, the game offers several game modes for single and multiplayer.

Gamers can build kingdoms, fight against monsters or other players, in the MMO mode you can create an alliance where all the land plots are an NFT with tokenizable resources and other assets. It’s important to note that the game is F2P and you can start playing without having to spend money although the time needed to level up could be too long for most players and at the end you’ll most likely have to spend money in order to earn rewards.

The tokenomics are one of the weakest points in League of Kingdoms with several unknowns and poorly designed vesting schedules and allocations.

Pay to win is sadly pretty present in the game and you can greatly accelerate your progress and increase your probabilities against other players by spending money which of course is not something you want to see in any game, on top of that some of the items are ridicously expensive for no reason.

Graphics are just ok but they’re good enough for this type of game although it would be nice to see more special effects like animations etc.

Overall we think that League of Kingdoms is not a bad game but it has several issues that need to be addressed by the team, the good thing is that you can try the game for free and judge by yourself is it worth putting any money in it.

Updated by Pablo

22 Sep 2022 – 27 Feb 2023

• Ambitious roadmap
• Important investors
• Important guilds involved
• Interesting partnerships with other blockchain games

26 Sep 2022

• Weak tokenomics
• We miss more info about the team members
• Weak community engagement
• Pay to Win elements

Small updates

26 Sep 2022 – 27 Feb 2023

League of Kingdoms doesn’t have too much competition and the team is releasing some interesting content for the game. Checking their roadmap you can see that they have many ideas for the future, such as eSports dashboard, Gamefi dashboard or building their own metaverse, if they manage to achieve most of their promises it could mean a huge success for the project.

Another thing that gives them a great opportunity to become a successful project is that there aren’t too many MMORTS games on blockchain and there are a lot of players that like these type of genre meaning that they still have the ability to turn the tables and deliver a great game for this audience.

Updated by Pablo

26 Sep 2022 – 27 Feb 2023

League of Kingdoms main threats are their tokenomics and low community engagement.

The main issue of almost any blockchain game are their tokenomics and in League of Kingdoms case there many things that need some explanation from the team (See tokenomics section).

The community engagement is also very important, you need a good engagement to attract many new players to your game and the team should address this ASAP and try to do attract more players to the project.

For the potential investors it’s also important that the team release full info about all their team members (Preferably with links to their Linkedin to check their previous experiences)

Although you could earn rewards by mining resources while playing the F2P version in the past, with the new update it changed and you’ll need a Drago NFT to earn rewards.

Updated by Pablo

26 Sep 2022 – 27 Feb 2023

League of Kingdoms team took a surprising path and instead of creating a MMORPG they opted for MMORTS and created one of the first (if not the first) games of its kind on blockchain, it definitely gives them advantage since the strategy games enthusiasts could finally have a perfect NFT game for them.

The team had a very successful start reaching 120k active daily players from more than 200 countries. The game is free to play so the entry barrier is very low and it’s playable on 3 main platforms: Android, iOS and PC giving the players the liberty to choose their favorite one to play the game.

Updated by Pablo

26 Sep 2022 – 27 Feb 2023

League of Kingdoms has very little competition, although there are some other projects creating MMORTS, here are the main ones:

• Farsite
• Pirates of the Arrland
• Cryptoblades Kingdoms

26 Sep 2022

It’s extremely easy to start playing in League of Kingdoms, you can download the game on mobile phone or play it directly from the browser, the game is F2P but of course there are NFTs involved that make earning rewards a lot easier and a lot faster.

It’s important to note that it’s a MMO strategy game and will definitely have smaller audience than other genres like action-RPG or shooters but since there is actually no other game like it, it could potentially become successful being the first of its kind on blockchain.

The gameplay is quite simple and it’s pretty fluid although we do miss some more variety of enemies and more interesting battles.

Updated by Pablo

28 Sep 2022 – 27 Feb 2023

Graphics in League of Kingdoms certainly aren’t the prettiest you can find, although they are not terrible either, we do find that sometimes the games gets pretty laggy, and it often ends up with you having to restart the game which can get really frustrating.

The framerate is quite stable and we didn’t saw too many FPS hiccups during our play time, only the lag issues but that’s more on the server side.

There are dozens of gameplay videos on Youtube, some of them show you how to get started and some show you the biggest and the most intense battles between highest level players, you can check some of them in the links below.

Updated by Pablo

28 Sep 2022 – 27 Feb 2023

League of Kingdoms is a decent game, but it’s aimed at a specific audience since it’s a strategy oriented game and players that don’t like this genre will get bored very quickly.

We played the game for about 8 hours and tried different strategies, after that 8 hours the game became slower and less exciting, mostly because we were trying the F2P version and it takes a lot of time to achieve most of the things, especially after leveling up, the waiting times become longer every time and there are some items that can shorten the waiting time in days or even weeks, making it almost impossible for F2P players to succeed.

If you buy some NFTs and spend some money on resources and speedups it would be a completely different experience, but since we are judging it by the F2P in our opinion it will be really difficult for the players to stay for that long, before they are able to earn rewards and on top of that wven if you manage to earn some rewards, you’ll need a Draco NFT to convert your rewards to be able to cash out.

For the hardcore strategy fans it could also be too much hustle, the game lacks more variety of enemies, strategies and battles. Hopefully the team introduces some changes in the near future and make it more accessible to general public, elimintaing Pay to Win would be a great step as well.

Updated by Pablo

30 Sep 2022 – 27 Feb 2023

Getting started in League of Kingdoms is very easy, you can download the game from the app store (Android or iOS) or play the game directly from the browser on your PC.

As soon as you get into the game, we recommend you to create a new account (If you want to play for free you don’t need any wallet connected) so that your progress gets saved and you can continue playing on any platform, although you can also play without having to register by creating a guest account.

If you want to have a full experience, you should buy a Land NFT, that way you can earn the most rewards and even have passive income by simply owning a land. You should also get a Drago NFT, the most recent incorporation to P2E economy, by having Drago on your team you’ll earn $DST tokens during battles and you’ll be able to mint Rescource NFTs. It’s important to note that you’ll need a Drago NFT even if you’re playing as a F2P player in order to cash out your rewards.

You don’t need a powerful PC or high-end mobile phone in order to play the game but you’ll need at least 8GB of RAM and Windows 10 or higher for a smooth experience, having a medium class phone should also be enough to play the game.

Updated by Pablo

30 Sep 2022 – 27 Feb 2023

After creating the account you’ll start with a small tutorial where you get the very basic info about how the game works. As you can imagine, being a strategic type of game you’ll have to learn several approaches to the game and choose your favorite depending on your game style.

Since there are so many different options we recommend checking some Youtube videos where you can learn more advanced strategies and some tips, you can check some links below with some of our favorites, it’s definitely a good place to start before diving deeper into the game.

Updated by Pablo

30 Sep 2022 – 27 Feb 2023

League of Kingdoms is not the most complicated strategy game and it’s fairly easy to learn the basic strategies in a short time, but you’ll need to take your time in order to become a good player and face other players on the battlefield.

The main issue in our opinion is the time needed to level up in the game, especially after reaching level 10 it can take a very long time (Or you can spend a lot of money by buying gems and speeding up the whole process) so you can learn the game fairly quicky but you’ll get frustrated because the game will require a lot of waiting time before you reach the next level.

Just like we mentioned in previous sections, the game’s biggest strength and weakness at the same time is its uniqueness, if you are a strategy games lover you could enjoy the game during some time but eventually you’ll get bored due to the lack of new enemies and interesting battles. If however you want to play a F2P game just for fun and also earn rewards, you’ll probably get bored even quicker especially due to endless waiting times.

Updated by Pablo

30 Sep 2022 – 27 Feb 2023

League of Kingdoms P2E is driven by two tokens: $LOKA and $DST and Land NFTs, there are many different ways to earn, sadly with the newest update F2P players will have less opportunities to earn rewards. Pay to Win is quite present in the game and if you want to earn the most, you’ll have to spend a lot of money by purchasing all kinds of items that’ll make your life easier in the game. You can check all the details in the next sections.

Updated by Pablo

23 Sep 2022 – 27 Feb 2023

League of Kingdoms is Free to play but with the recent update is seems that to earn rewards you’ll need to own or rent a Drago NFT or compete in CvC (Continent vs Continent) battles and sadly Pay to Win is a thing here and you can easily shorten your waiting times by days or even weeks and get the highest rewards and build the highest tier castles etc. which basically excludes F2P players from earning any kind of rewards.

Even if you buy NFTs you won’t be able to earn much and the fact that the tokenomics are weak, it’s really hard to recommend playing the game at its current state if your plan is to make some money from it.

These are the ways in which you can earn in the game:

• CvC – Continent vs Continent battles, with 4 weeks duration are the biggest battles in League of Kingdoms with best rewards for all the players (You need to be at least Level 20)
• PvE – You can farm resources and send your troops to hunt monsters
• PvP – It’s a classic game mode where you can fight against other players using several skills of your warriors
• MMO – You can play with other players and participate in sieges, alliance wars etc.
• Development – You can earn development points by playing games on your Land, mining crystals and resources, as well as consuming crystals
• Owning Land NFT – A part of the overall gaming fees goes to landlords and active players
• Breeding – By breeding a new Drago you can then bring him to the battlefield and start earning $DST token and in rare ocasions $LOKA token
• Guilds – You can join one of the many guilds that partnered with League of Kingdoms and start earning rewards by playing the game

Here are some potential strategies:

• Owning at least 1 Land NFT and 1 Drago NFT and play different game modes having a Drago always on your team to boost your rewards
• Mining resources and crystals to earn more development points
• Leveling up your Land is very important, if your level is high you get better quality resources, mines and high level monsters spawn on your Land and when you defeat them they’ll give you more resources and treasures. It will also be easier to attract the best possible alliances to your Land
• Breeding was recently added to the game, to be able to breed you’ll need Dragos NFT, $LOKA and $DST

Updated by Pablo

23 Sep 2022 – 27 Feb 2023

League of Kingdoms has 2 tokens: $LOKA and $DST, each one of them have different purposes.

There are 2 main NFTs that are essential for the game’s economy: Land and Drago NFTs.

By owning a Land NFT you’ll get all these utilities:

• 5% of all resources that have been gathered on your Land by yourself or other players
• Owning a Land will give you the right to receive 10% of the game’s revenue paid in $LOKA currency
• In the future you’ll receive more perks like special airdrops, whitelists and community roles

Drago NFT is the latest NFT addition to the game’s economy, its utilities are:

• Earning $DST token if you have it on your team on the battlefield
• On rare ocasions you can also earn $LOKA token
• Mining “Dragon Soul Amber” that can be used to forge $DST token
• You can rent your Drago and earn the rewards from farming

Updated by Pablo

23 Sep 2022 – 27 Feb 2023

League of Kingdoms NFTs are available on Opensea and on their internal marketplace although it’s not working properly and it’s very laggy, it’s very common to get stuck while filtering collections and having to reload the page and you can only buy 2 collections for now: Land and Drago.

Until very recently you could mint resource NFTs by playing F2P version, with the new update you can only do it by owning or renting a Drago NFT.

Some of the sales started with the dutch auction, where the price was dropping every hour by 12.5%, there was no whitelist for that sale.

The NFTs are essential to earn the best possible rewards, especially the Land and Drago NFTs, here are the actual floor prices (27 Ferburary 2023):

• Resources – 1M Food (0.014ETH floor), 1M Gold (0.01ETH floor), 1M Stone (0.014ETH floor), 1M Wood (0.01ETH floor)
• Lands (0.12ETH floor)
• Drago (0.1ETH floor)

Drago NFT sale had 3 phases:

• Whitelist round (24 hours) was available for people that completed Drago stickers that were distributed on the game’s social channels for the best community contributors
• Guild round (24 hours) during which all the guilds involved have their opportunity to acquire the NFTs
• Public sale (7 days) was opened to any person on first come, first served basis

Updated by Pablo

26 Sep 2022 – 27 Feb 2023

League of Kingdoms has 2 different tokens with the following use-cases:

$LOKA token is used for:

• Staking
• Purchasing items in the game’s shop
• Governance voting and proposals
• Breeding Drago NFT
• More utilities in the future

$DST is a utility token for:

• P2E ecosystem
• Breeding
• Upgrading your Drago NFT
• It gives you the access to several mini-games
• It can only be minted by playing the game

Updated by Pablo

26 Sep 2022 – 27 Feb 2023

We have played League of Kingdoms for about 8 hours in F2P mode without spending any money, here are the highlights of our experience:

• We managed to upgrade our castle to level 10 but to do that we had to spend almost all speedup utilities and gems, the higher the level, the longer it takes to upgrade anything, in order to level up your castle to level 11 you’ll need 6 hours, and upgrade several other parts like gold mine etc.
• Claiming rewards like resources, speedups or gems gives you some time relief but it’s not enough and you’ll probaly have to buy some of them with real money in order to keep leveling up you castle, gain resources or upgrade your troops
• The minimum castle level you need to successfully attack other castles is 10, in order to attack other castles their shields need to be down and that means you have to scan the map looking for castles with no shields on, it’s only possible to attack castles with level 9 or higher or the ones that are 1 week old
• Attacking monsters takes some time and the resources you get are pretty low, before attacking you can check the potential rewards you can earn by defeating them
• The best rewards you can get are definitely by defeating other players, it’s especially worth doing it for gems, but as we mentioned before it can take a really long time before you find some enemy castle that you can attack, and even then you have to be careful if you have a lower level, risking to lose your troops and resources
• Every day you have the possibility to open free chests, 5 silver ones and 1 gold one which can give you a variety of items, from resources to swords
• You cannot begin 2 constructions at the same time, unless you have a Golden Hammer, which can be bought with gems or obtained by fighting and looting
• We’ve seen that there are speedup items that can speed up a construction in 30 days (Ingame time), that gives you an idea how long it would take to build higher level constructions, especially if you are a F2P player and you need to have Level 20 castle to be able to compete in CvC battles and earn rewards
• In the past you could mint resources NFTs by entering the resources menu, sadly this option is not longer available for F2P users
• You can teleport you castle to other continents, but you have to be aware to do it before leveling up your castle to level 11
• It is important to visit Quests tab, where you can claim daily, main and events rewards, it’s one of the best ways to earn resources
• In your inventory you’ll find many utility items, like boosts, speedups or various teleport items which allow you to move your castle across the map or even continents
• You have to be careful when your shield is down, you could be attacked by other players, that’s why it’s always risky when your troops are on a mission
• One of the first things you should upgrade are the barracks, where you can train the troops, the higher the level, the more soldiers you can have in you army
• Academy is used for upgrading your resources production, troops abilities or speeding up the overall time you need for construction or investigation
• There will be a rental option for Drago NFTs in order to mint resources in the future, although it won’t be F2P anymore, at least you won’t have to buy the actual NFT

All in all, in our opinion it would take too much time to be able to start earning rewards if you plan to play the game in F2P mode, you’ll have to buy some items from the store in order to level up quicker, but if you have a lot of time it’s not impossible to do it, it’ll be interesting to see how the Drago rental will affect the F2P game once it’s released.

Updated by Pablo

30 Sep 2022 – 27 Feb 2023

League of Kingdoms had two very helpful community tools last year but at the moment of writing there’s only one left as the other page was deleted for unknown reasons and it was really helpful, you were able to calculate the following:

• Your possible earnings
• The time necessary to level up Lands
• How many resources do you need to research a higher level weapons or characters
• How many resources and time d oyou need for your castle defense
• How much you can earn mining shrines
• How many points do you need to fully improve your troops

In the only document that is left you can till check how many resources do you need to upgrade your Land, weapons etc.

Updated by Pablo

26 Sep 2022 – 2 Mar 2023

You can start staking your $LOKA tokens on the new website especially designed for it. It’s important to note that you won’t be able to earn yield from it and the only rewards will be in form of in-game benefits.

You can choose on which continent you want to stake your coins, the more tokens are staked on certain continent, the higher the Tier will be and it’ll grant you more rewards, right now the highest tier which is Tier VI continent is the #23 with 280k $LOKA staked and the benefits are the following:

• Resource Regen: 200%
• Crystal Regen: 300%
• Monster Regen: 200%
• Medal Bonus: 150%
• DSA Regen: 300%
• Troops Buff: 10%

There is no minimum amount you need in order to start staking so it’s quite inclusive for all the players and you can unstake at any time with no restrictions. In our opinion the rewards should be higher as it doesn’t really improve the game as much, some yield rewards would be also necessary in order to promote staking to more users.

After staking you can check your individual Tier in the ‘Individual Section’ where you can leave a message while staking so other players can read it, CvC bonus will be implemented in the future as well and it’ll be the only the way to earn $LOKA rewards from staking, at least in its current state.

10 Apr 2023

League of Kingdoms main coin $LOKA tokenomics has several inconsistencies, there are also some issues with the allocations and vesting schedules that we will discuss in the next sections.

Small update

23 Sep 2022 – 27 Feb 2023

After checking Etherscan, we couldn’t find out which wallets belong to the team or other allocations, here are the main holders:

• 0xb8DF398496D9571d33fC176f1D78C2aD639cf2bF (Unknown wallet) holds 43,59M tokens (26.55%)
• 0xF977814e90dA44bFA03b6295A0616a897441aceC wallet labeled as Binance 8 holds 38,89M tokens (23.69%)
• 0xAdF3a71cC85473eCef65D32E18c52CB53416a1fB (Unknown wallet) holds 10,85M tokens (6.61%)
• 0x7c9D7633a8d9a8ecBC83622AF5e85199CCE5e4fC (Unknown wallet) holds 7,19M tokens (4.38%)
• 0x9332D968157F5bC9B3a078fA8Fc8510238fB5b29 (Unkown wallet) holds 6,25M tokens (3.8%)

As you can see there is only 1 properly labeled wallet of $LOKA token in the top5 holders wallets, it really isn’t the best way to show transparency from the team and it causes mistrust among the community and potential investors.

Updated by Pablo

23 Sep 2022 – 28 Feb 2023

In this section we will explain our concerns about the League of Kingdoms tokenomics. The allocation according to their whitepaper looks like this:

• Private Sale (6.2% of the supply) : 21 months vesting
• Public Sale (5% of the supply) : Immediately unlocked
• Game Issuance (13%) : Linear weekly after 3 months lockup
• Land Issuance (5%) : Linear weekly after 3 months lockup
• Staking Rewards (20%) : Linear weekly after 3 months lockup
• Advisors (2%) : Up to 45 months vesting
• Team (20%) : 42 months vesting
• Ecosystem (19%) : 6 months cliff  and linear vesting weekly
• Reserve (9.8%) : 6 months cliff + linear vesting weekly

Our first concern is that there is no explanation for how long will the vesting last for most of the allocations, let’s take the ‘reserve allocation’ as an example, it says it will have a 6 months cliff, but you should be able to know for how long will the vesting last.

Another issue is with advisors allocation, where you can see ‘up to 45 months vesting’ so it really doesn’t explain for how long it will be and it’s really confusing.

Another concern is that the team & advisors allocation is in reality more than 50% of the tokens, it’s important to note that ecosystem, reserve and team are the tokens controlled by the team and in our opinion the percentage is too high and it’s not the best look in the long term.

In our opinion unlocking all the public sale tokens immediately and not having a cliff  for private sale are really poor decisions from the team and it makes you wonder why they didn’t designed them better.

On top of that, the whole tokenomics section, the graphs etc. look like they were made with no effort with several misspellings and the overall look is mediocre.

Updated by Pablo

23 Sep 2022 – 28 Feb 2023

• Why the private sale didn’t have any cliff
• Why the public sale tokens were unlocked on day 1
• What does up to 45 months vesting means for advisors allocation
• For how long will the vesting last for most of the allocations
• Why the team’s allocation is so high

23 Sep 2022

League of Kingdoms has built a quite big community following, although the engagement is pretty weak sadly, in the next sections you can check the exact numbers and our thoughts.

Small update

22 Sep 2022 – 28 Feb 2023

League of Kingdoms is present on most of the major social media, let’s take a closer look at their follower numbers and engagement:

• Twitter has 114.6k followers, the account was created in 2020 and the engagement is pretty weak, about 90% of their tweets are giveaways so the numbers are definitely not organic, their normal tweets receive on average less than 50 likes and only a few comments with barely 5k impressions
• Discord with 50k followers is probably the team’s main social media, the engagement is definitely better than on Twitter
• Telegram has 18k members, with about 2-3% of users online on average, the engament is lower than on Discord, but apparently higher than on Twitter
• Youtube has almost 1ksubscribers, some of their videos have really high views number, but the team is not posting there regularly, their last uploaded video is from 10 months ago
• Facebook has 3.7k followers but apparently the team stopped using it, there are only 2 posts in the last 12 months
• The team also uses Medium and Substack, where they post the latest news about the game on a monthly basis

Overall we consider that their community engagement is low, only Discord and Substack are worth checking and it’s probably the best place to check the latest news or chat with other players.

Updated by Pablo

22 Sep 2022 – 28 Feb 2023

League of Kingdoms Discord has around 50k members, with about 6% of them online on average, the engagement is pretty good (See screenshot below), the general channel is the most active, there are many other info/announcements and general chat channels where the users can discuss about the game.

There are also channels where you can send your questions for the team for the upcoming AMAs or check the latest roadmap updates.

You can also verify your NFT ownership and get a special role in Discord that gives you the possibility to earn future airdrops and giveaways.

Updated by Pablo

22 Sep 2022 – 1 Mar 2023

League of Kingdoms is being developed by NOD Games studio, their team members are partially doxxed, although it’s quite hard to find info about many of the team members, on their Linkedin page you can only find 13 team members. You can check more detailed info in the next sections.

Updated by Pablo

22 Sep 2022 – 1 Mar 2023

League of Kingdoms game is being developed by NOD Games, based in South Korea, here are their most notable members and their experience:

• Chanki Lee is the CEO and Co-founder of the company, he previously worked at several software and tech companies like Samsung and Dayli
• Hyun Soon Hwang is the CTO and Co-founder, he previously worked as software engineer at Electronic Arts and as SE at Com2uS
• Han Yoo is the COO and previously Head of Growth, he worked as associate product manager at LG and project consultant at University of Illinois
• Dan Lee is the Director of Corporate Development, he previously worked as brand manager at Samsung and as financial analyst at The Kraft Heinz Company
• YeongHoon Kim is the Game Designer, he worked at several small videogames companies in Korea as Designer

On their whitepaper you can find the rest of the team members and some info about them, but we couldn’t find their Linkedin to cross-check the info, we’ll reach the team about this as we find that is very important to know on what games have they worked on and their overall experience.

Updated by Pablo

22 Sep 2022 – 1 Mar 2023

Han Yoo is the person responsible of the game’s marketing, he has good experiene in this field, let’s take a look at his previous jobs:

• He started as intern at Samsung working at Brand Marketing
• He worked at University of Illinois as Research Assistant
• He also worked at University of Illinois as project consultant helping with Growth Marketing
• He worked at LG Electronics as analyst of the supply chain
• He also worked at LG Electronics as Associate Product Manager

Since he started working at NOD Games, he closed a strategic founding round partnering with many big investors, he also advised public offering and exchange listing strategy and he lead a successful IEO on some major crypto exchanges, like Coinbase, Binance, Huobi, Gate.io.

Updated by Pablo

22 Sep 2022 – 1 Mar 2023

Jay Nam is the Head of Community for League of Kingdoms, looking at his Linkedin page you can see that he has no previous experience in any field which is quite odd.

According to their whitepaper, Stephanie Kim is the Community Lead and she previously worked at Veriozon although we coulnd’t find her Linkedin and check if that info is true or not, we’ll try to contact the team about it.

1 Mar 2023

• Could you share all the team’s Linkedin to cross-check their experience
• Where can we check Stpehanie Kim’s previous experience
• What’s Jay Nam previous experience

Updated

22 Sep 2022 – 1 Mar 2023

League of Kingdoms team has closed some important partnerships and attracted several big investors, in our opinion it could be very helpful for the project’s future development.

Small updates

22 Sep 2022 – 1 Mar 2023

League of Kingdoms has closed several partnerships with some important guilds, most of them have invested in the Land presales, here are the most notable ones:

• PathDAO
• Rainmaker Games
• Avocado DAO
• YGG
• NFG

22 Sep 2022 – 1 Mar 2023

League of Kingdoms has signed some big partnerships, here is the list of the most notable names:

• YGG – One of the biggest P2E gaming guilds
• BreederDAO – It’s a project specialized in breeding and crafting NFTs in P2E games
• Trinito – It’s a trading and investing company
• Chainlink – It’s a decentralized oracle network
• The Sandbox – It’s one of the biggest blockchain games

All those partnerships may have a big impact on the project if the team knows how to take advantage of them, only time will tell if they work it out.

Updated by Pablo

22 Sep 2022 – 1 Mar 2023

League of Kingdoms has attracted some major investors to their project, as a result In December 2021 they raised $3M in seed funding for their token $LOKA, the most notable investors were:

• a16z Crypto
• Binance Labs
• Blocktower Capital
• Sequoia Capital India
• Yield Guild Games (YGG)
• Sky Vision Capital

Updated by Pablo

22 Sep 2022 – 1 Mar 2023

League of Kingdoms uses ETH and Polygon blockchains, some of their NFTs are based on Ethereum and some on Polygon.

Polygon has very low transaction fees, high scalability, and enviromental viability as they’re in the process of becoming a carbon neutral blockchain, so that nothing done on Polygon will incur a large carbon output.

It’s also important to note that Polygon counts with the Ethereum security which makes it one of the best solutions for any blockchain games especially with the recent hacks and other vulnerabilities. There are several wallets you can use like MetaMask, Trust Wallet and many others.

Ethereum blockchain reduced its power consumption by 99.5% after conducting the first ever PoW to PoS migration.

Updated by Pablo

22 Sep 2022 – 2 Mar 2023

League of Kingdoms has a quite ambitious roadmap in their whitepaper with several targets set in 2024 but recently they’ve made a completely new roadmap in their latest Substack article and  it’s pretty vague with no exact dates, we’ll contact the team about this since the old roadmap is still there.

Updated by Pablo

22 Sep 2022 – 2 Mar 2023

As we mentioned before League of Kingdoms has 2 different roadmaps, although the whitepaper one seems outdated and in our opinion we should focus on the new one that was launched not long ago on their Substack. Here are the most notable events with no exact dates provided:

• Updates to CvC system
• Battle update – Round system
• Chain migration
• Drago DST content
• Drago Mystery Box
• New collaborations
• Mena event
• Staking SBT package reward

Updated by Pablo 

22 Sep 2022 – 10 Apr 2023

League of Kingdoms has achieved several milestones since the game’s inception, here are the most important ones:

• Private token sale
• Smart contract audit
• Drago NFT breeding game
• NFT marketplace
• Battle update – Clashing
• Important partnerships
• Drago mystery box roulette
• CvC battlefield
• $LOKA staking
• Several events
• Land 3.0

Updated by Pablo

22 Sep 2022 – 10 Apr 2023

• The whitepaper roadmap is still valid or only the Substack one

Small update

22 Sep 2022 – 2 Mar 2023

League of Kingdoms at the moment of writing has one token $LOKA, there might be some investment opportunities but there are several inconsistencies in their tokenomics, our opinion might change about investing in the game if the team can address our concerns.

Updated by Pablo

22 Sep 2022 – 2 Mar 2023

Since the League of Kingdoms tokenomics have several flaws, until we can get in contact with the team, we would recommend only long term investing instead of trading the coin.

At the moment of writing the price is at a mejor support level ($0.54) and on top of that it’s the bottom of the current accumulation zone (Yellow box), it probably is a good place to buy the token near those levels, you can check some potential take profit zones and stop loss placement in the ‘Exit Strategy’ section.

Updated by Pablo

23 Sep 2022 – 2 Mar 2023

$LOKA token is sitting at a mejor support zone ($0.54) and you can clearly see signs of accumulation (Yellow zone) since May 2022, that’s about 300 days where the price is holding within this range although it did broke down briefly in November 2022 and right now it’s inside the range again, usually that kind of accumulation leads to an explosive movement either up or down so you have to be prepared for any outcome.

The coin started trading on Binance at $0.16 and it had a spectacular rally to $5.5 (That’s 34x in just two months!) but since then the price dropped about 95% to $0.26 in November 2022 with almost no major pullbacks.

There are 2 major zones to have a look at, the most important probably would be around $1.45 (Red line) which acted as support first and now it’s the main resistance zone, the next one would be around current levels at $0.54 (Grey zone), it acts as the main support and it’s the bottom of the current accumulation zone.

Updated by Pablo

23 Sep 2022 – 2 Mar 2023

At the moment of writing you can buy $LOKA token at several major CEX, like:

• Binance
• BTCEX
• Bitmart
• Coinbase 
• Crypto.com
• Kucoin
• Gate.io

If you plan to trade on any of the major CEX, you won’t have a liquidity problem and you can easily buy and sell your coins without big slippage. You can buy the token on Uniswap as well although the liquidity is extremely low and buying only $100 worth of $LOKA means dealing with almost 2% slippage.

Updated by Pablo

23 Sep 2022 – 2 Mar 2023

League of Kingdoms started selling their NFTs on Opensea and recently the team launched a internal marketplace, there are 3 main NFT categories you can buy:

• Resources like gold, stones, food and wood, the prices start at 0.025 ETH
• Lands NFT are lands where the players can build their own kingdoms, farm, fight monsters or compete against other kingdoms, owning a Land NFT gives you the opprtunity to earn 10% of the game’s revenue in form of $LOKA token, in the future there will have more utility cases, floor price is around 0.125 ETH
• Drago NFT is a requisite for players to gain opportunities to earn Dragon Soul Token ($DST) which is the new token recently released that can only be earned by playing the game. There are 2 Drago tiers: normal and legendary and 5 different elements: fire, aqua, light, terra and dark. There is also breeding available to create new Dragos, you will need a Drago, $LOKA and $DST to be able to hatch a Drago egg, current floor price is 0.1 ETH

Updated by Pablo

23 Sep 2022 – 2 Mar 2023

In our opinion if you invest in $LOKA token for the long term at the current prices, the potential best places for selling are the top of the current accumulation zone ($0.95) and just below the most important level on the chart around $1.44. For the first 2 strategies you could place your stop loss around $0.34.

• Potential Strategy 1 could be selling 60% of your position around $0.95 and moving the stop loss to breakeven, selling the remaining at $1.44
• Potential Strategy 2 is for more conservative investors and would consist in selling 80% at $0.95 and the remaining at $1.44
• Potential Strategy 3 is for long term holders, it would consist in selling 30% at $0.95 and the remaining at $1.44, in this case your stop loss should go below the November 2022 lows, around $0.26 giving the price more time to develop

Updated by Pablo

23 Sep 2022 – 2 Mar 2023