Why The $LOCG Token Could Be Promising

LegendsOfCrypto (commonly known as LOCGame) is the first play-to-earn GameFi project of Rbl Labs, a company based in Amsterdam – it focuses on NFTs (Non-Fungible Tokens) and bringing their use case to the blockchain gaming space. LOCGame is a pay-for-play and strategy card game that features several metaverse and play-to-earn features on a 3×3 battle grid.

The game’s metaverse is an acknowledgment of the history of the crypto space and the pop culture associated with them. The game also includes many instantly recognisable playable characters made up of celebrities, influencers and other prominent figures in the crypto world. Rbl Labs is the developer of this game. Future metaverses are expected to be added to the platform in 2022, according the company.

This ecosystem’s heart is the $LOCG coin. Let’s understand a little more about the project, the token itself, and why this asset has tremendous upside potential.

LOCGame: We Are Creating A Buzz In Crypto Space

CryptoKitties is the original blockchain game that featured NFTs. NFTs have been used by many other games. Ethermon is another notable example. LOCGame makes use of the same concept by allowing people to purchase NFTs that they can then use in a game with many other players.

LOCGame is an NFT-project repackaged into a collectible trade card game. LegendsOfCrypto has its own core gameplay, based on Triad Battle. This is unlike other collectible game startup that replicate Hearthstone’s gameplay.  It uses blockchain technology to generate unique and non-fungible assets to pay tribute to members of crypto space. The game allows players to win NFT items and card holders can receive various prizes from the prize pool. This game uses DeFi governance and Polygon Blockchains to power it.

Rbl Labs was awarded a grant to Polygon for their layer-2. This will enable the game core, DeFi economy and DAO governance models, as well as its Polygon business model. Cross-chain playability is possible thanks to its low transaction cost and fast transaction speed. Polygon and Ethereum work in conjunction to maintain the stability of LOCGame.

The $LOCG token: Powering LOCGame’s Ecosystem

LOCGame is powered by the $LOCG token, which acts as the ecosystem’s native cryptocurrency. This token is the engine that brings LOCGame to life. It acts as both a governance mechanism, and allows users to win rewards for playing or stake.

Let’s take a closer look to understand how the LOCGame token can be utilized:

  • Play-to-earn mechanisms offer indirect rewards
  • Modalities for paying
  • You have access to discounts and other perks.
  • You can win by betting
  • DAO Governance

This is the LOCGame ecosystem:

  • Native NFT marketplace connected to third-parties on Polygon and ETH: https://marketplace.locgame.io
  • A collectible strategy game featuring free-to play, earn-to-earn GameFi Features
  • In-game reward token that can be used to purchase and upgrade playing cards – stake to earn $LOCG and other rewards
  • Token $LOCG
  • NFT collectible cards – the Genesis edition is fully dedicated to crypto industry famous characters
  • LOCGame will be offering a variety of games in the future.
  • Charity and social responsibility – 10% of NFT sales go to a good cause via Little Phil

On top cryptocurrency exchanges, such as Gate.io HotBit and Uniswap ZT and KuCoin, the $LOCG token can be purchased. It is a 50,209,000.206 $LOCG circulating token with an aggregate supply of 148.053,144 $LOCG. The maximum supply is 150,000,000 $LOCG.

The $LOCG is a Great Buy

Due to multiple factors working in its favor, the $LOCG token has great potential right now.

Rbl Labs has just released the demo version on December 16, 2021. The community response is overwhelming positive. Alpha 2.0, the next version of Alpha 2.0, will launch in Q1 2022. It will include a simple play-to earn functionality that introduces a new token in-game and new rewards utilities for $LOCG tokens. The utility of $LOCG tokens will increase in demand as the game develops.

The market cap currently stands at $5.5million, compared to the $200+ million+ market caps of working games like Gods Unchained or Splinters and other GameFi products. Small caps can be expected to see huge growth after the product launches.

The $LOCG token will also be a success with major blue-chip investors such as Signum Capital, NGC, and designer partnerships with brands like Burberry, Prada and Prada.

Markets are currently in a frenzy for play-to earn. LOCGame is expected to be at forefront of this space in 2022, with the full functionality of its game on the horizon.

With the launch of the platform scheduled in December, players will need to buy the $LOCG token before the game’s launch so that they can purchase NFT cards to play the game. It can be used as a payment method and gives players access to governance, discounts and staking.

The upside potential of $LOCG is huge for 2022, and beyond.

Play-to Earn NFTs: The Future

LOCGame is redefining the blockchain gaming space, bringing several new features backed by the platform’s cutting-edge technology. The LOCGame ecosystem offers a unique experience for its users that puts a different spin on NFTs. On another note, LOCGame’s Genesis Edition NFT Sale took place on 4th of December, and with the launch of the game almost upon us, there’s an unbelievable amount of hype around the game.

LOCGame will revolutionize NFT gaming by adding to the mix endorsements from Crypto Lark, Crypto Stach, Crypto Stach, Bitboy and Crypto Lark. It has many advantages and is set for new heights.

 

 

 

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