Were you a part of the League of Kingdoms token sale on Binance? The registration for the token sale happened on January 20th in 2022, and many people were really looking forward to this launchpad project on the popular trading platform. Do you want to know more about the token sale? Was it a success? What was the initial price per token? What was the price of the token as the different LOKA trading pairs were launched on Binance?
The League of Kingdoms token sale was made available to everyone holding BNB tokens in any of their Binance wallets between January 12th and January 20th. Based on your average BNB holdings for this period, you were allowed to enter the token sale. The higher the number of BNB tokens in your wallet, the bigger portion of tokens you were allowed to buy.
Just like Axie Infinity had their token sale on Binance (and became a giant success), many people have similar expectations to League of Kingdoms.
League of Kingdoms launchpad on Binance
Here you will find some dry data about the token sale on Binance.
- Number of tokens sold: 25,000,000
- Price per token: 0.00033971 BNB ($0.16)
- Total participants: 163.385
- Number of BNB committed to the sale: 9,633,871
If you look at the numbers, you will see that the number of people who wanted to buy tokens and the number of committed BNB for the sale was way higher than the available number of tokens.
The total number of tokens for sale had a dollar value of $4,000,000, equaling 8500 BNB tokens. But, the truth is that the number of BNB committed almost reached 10,000,000, meaning that people only received a very tiny portion of the amount they requested.
LOKA trading on Binance
Loka trading started on Binance on January 20th, at 12:00 UTC. The price immediately settled between $2.5 and $2.75, and it has been trading at that level for the first 8 hours after trading started. Where the price will move from here is uncertain, but time will show if the hodlers or the sellers made the best deal! No matter what, those who sold could enjoy 15x-18x profits within a few hours immediately by taking part in the League of Kingdoms token sale on Binance.
Do you want to learn more about how you can be a part of similar token sale events also on Kucoin? Click the link for more information.
What is League of Kingdoms
Here you can see the description of the project from the Binance website.
League of Kingdoms is a free-to-play, MMO war strategy game on the blockchain. The main gameplay of League of Kingdoms is similar to a traditional RTS (Real-time strategy), but it is powered by blockchain technology and ownership is central to the core concepts of the game. As an alliance-based tactical strategy game, players can build kingdoms, raise armies, form alliances, and compete on the battlefields. All the lands in the game are non-fungible tokens and can be owned by users.
Players do not require any prior experience or knowledge with cryptocurrencies to play the game and do not need to own Land NFTs to farm resources that can be tokenized into NFTs. With the adoption of the LOKA token, League of Kingdoms will be able to have greater player adoption, inclusion, and activation as players can effectively own, propose, vote and earn on the game platform.LOKA is League of Kingdoms’ native governance token and some will be utilized for as the currency inside the League of Kingdoms game franchise and will be utilized for all in-game store purchases, such as purchasing special packages, skins, goods. The LOKA ($LOKA) token will be used as a NFT booster to create, upgrade, and acquire special NFT assets, including but not limited to upcoming Drago and Skin NFTs.
The LOKA ($LOKA) token will be also used to propose and vote on on-chain governance proposals to determine future features, policies, content, and/or parameters of the platform. Last but not the least LOKA tokens can also be earned by playing the in-game competition and/or achieving special tasks — for example after each Continent vs. Continent (CvC) battle, winners will be rewarded with LOKA tokens (and potentially rarer NFT item rewards!) depending on the performance during the battle.
