What Is League of Kingdoms (LOKA)? The 26th Project On Binance Launchpad

Binance has announced the launch of League of Kingdoms (LOKA). The exchange will follow the Launchpad subscription format to issue LOKA, the time to record users’ BNB balance will for 8 days from 2022-01-12 00:00 AM (UTC) to 2022-01-20 00:00 AM (UTC).

What is League of Kingdoms (LOKA)?

League of Kingdoms is one of the world’s first blockchain MMO strategy games. Gamers build kingdoms, farm resources, fight monsters (PvE), and compete with enemy kingdoms (PvP) or alliances (MMO) where all the land plots are non-fungible tokens (NFT) along with tokenizable resources, skins, and many other game assets. Currently, the free-to-play strategy game is available on mobile (Android, iOS), as well as on the PC.

Key Features and Highlights

  • Engaging MMO experience: League of Kingdoms currently has 15,000 concurrent players, 80,000 daily active players, and 400,000 monthly active players. Through intercontinental battles and various other competitions, gamers can enjoy an engaging global MMO experience.
  • Diverse game modes: Gamers can enjoy everything from single-player campaigns, PvE, and PvP in one place without leaving the game universe.
  • Perfect game design for DAO: From Day 1, gamers will immerse into a world with an elaborate combination of social, economic, game-theoretic, and political elements. Governance plays a pivotal role in establishing the order which makes it the perfect environment for Decentralized Autonomous Organization (DAO).
  • World Class Development team: The development team is made of experienced game developers, designers, artists, and operators from industry-leading AAA game studios and innovative technology companies.
LOKA Token Sale Details:
  • Token Name: League of Kingdoms (LOKA)
  • Launchpad Hard Cap: 4,000,000 USD
  • Hard Cap Per User: 15,000 USD (93,750 LOKA)
  • Total Token Supply: 500,000,000 LOKA
  • Total Tokens Allocated to Binance Launchpad: 25,000,000 LOKA (5% of Total Token Supply)
  • Public Sale Token Price: 1 LOKA = 0.16 USD (price in BNB will be determined prior to subscription)
  • Token Sale Format: Subscription
  • Supported Sessions: BNB only

Subscription Timeline:
  • Preparation Period 2022-01-12 00:00 AM (UTC) to 2022-01-20 00:00 AM (UTC): During this period, user BNB balances will be calculated in hourly snapshots for each day over a 8-day period. Your final average daily BNB balance over these 8 days will determine the maximum amount of BNB that you can commit later on.
  • Subscription Period 2022-01-20 06:00 AM (UTC) to 2022-01-20 09:00 AM (UTC): Subscription will open at this time for all eligible users for a 3-hour period. Users must also sign the Token Purchase Agreement at the same time, prior to committing their BNB. Please note that once committed, your BNB will be locked and you will not be able to redeem or access any other functions such as transfers, withdrawals or trading until final token distribution.
  • Calculation Period 2022-01-20 09:00 AM (UTC) to 2022-01-20 10:00 AM (UTC): Subscription closes and token allocation calculation begins.
  • Final Token Distribution 2022-01-20 10:00 AM (UTC): Your final token allocation will be calculated and the corresponding BNB will be deducted from your already-locked BNB amount. Once deducted, your LOKA and BNB tokens will both be transferred to your spot wallet.

Sign up for a Binance account here (Discount 10% trading fees): https://accounts.binance.com/en/register?ref=29171587

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