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January 22, 2022
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Why The $LOCG Token Could Be Promising

LegendsOfCrypto (generally often known as LOCGame) is the primary play-to-earn GameFi mission of Rbl Labs, an organization primarily based in Amsterdam – it focuses on NFTs (Non-Fungible Tokens) and bringing their use case to the blockchain gaming house. LOCGame is a pay-for-play and technique card recreation that options a number of metaverse and play-to-earn options on a 3×3 battle grid.

The recreation’s metaverse is an acknowledgment of the historical past of the crypto house and the popular culture related to them. It additionally options many immediately recognizable playable characters within the type of standard influencers and celebrities within the crypto house. Rbl Labs, the corporate behind the sport, has acknowledged that future metaverses can be coming to the platform and can be introduced in 2022.

At the center of this ecosystem is the $LOCG token. Let’s perceive somewhat extra in regards to the mission, the token itself, and why this asset has super upside potential.

LOCGame: Creating A Buzz In The Crypto Space

The first-ever blockchain recreation to function NFTs was CryptoKitties. Several different video games additionally make the most of NFTs, with one other distinguished instance being Ethermon, which tried to construct on this idea. LOCGame leverages the identical idea, permitting people to purchase NFTs and use them in a recreation that includes 1000’s of different gamers.

LOCGame is an NFT mission repackaged as a collectible buying and selling card recreation. Unlike many different collectible card recreation startups that cloned well-known Hearthstone gameplay, LegendsOfCrypto developed its personal distinctive core gameplay primarily based on Triad Battle.  The recreation makes use of blockchain expertise to create distinctive, non-fungible belongings that pay homage to the members of the crypto space. Players within the recreation can win NFT objects, whereas card homeowners are eligible for numerous rewards from prize swimming pools. The recreation leverages DeFi and DAO governance and is powered by the Ethereum and Polygon blockchains.

Rbl Labs gained a grant for Polygon as their layer-2 will energy the sport core, its DeFi economic system, and its DAO governance mannequin. It additionally makes cross-chain playability potential, enabling low transaction prices and excessive transaction speeds and appearing as a bridge to the Ethereum blockchain. Used in tandem, each Ethereum and Polygon guarantee the soundness of the LOCGame ecosystem.

The $LOCG Token: Powering the LOCGame Ecosystem

The $LOCG token is the native cryptocurrency that sits on the core of the LOCGame ecosystem. The token brings the platform and recreation to life, appearing as a governance mechanism and permitting customers to earn rewards by taking part in the sport or staking.

Let’s take a more in-depth look to grasp how the LOCGame token might be utilized:

  • Indirect rewards in play-to-earn mechanics
  • Payment mechanism
  • Access to communities, reductions, and perks
  • Staking for rewards
  • DAO governance

The LOCGame ecosystem contains:

  • Native NFT market related to third-parties on Polygon and ETH: https://marketplace.locgame.io
  • Collectible technique card recreation with free-to-play, play-to-earn GameFi options
  • In-game reward token that can be utilized to buy and improve taking part in playing cards – stake to earn $LOCG and different rewards
  • The $LOCG token
  • NFT collectible playing cards – the Genesis version is totally devoted to crypto trade well-known characters
  • Upcoming video games complimentary to LOCGame
  • Charity and social accountability – 10% of NFT gross sales go to a very good trigger through Little Phil

The $LOCG token is out there on prime cryptocurrency exchanges resembling Gate.io, HotBit, Uniswap, ZT, and KuCoin. It has a circulating provide of fifty,209,206 $LOCG, with a complete provide of 148,053,144 $LOCG and a most provide of 150,000,000 $LOCG.

Why $LOCG Could Be a Good Buy

The $LOCG token reveals nice potential in the meanwhile as a consequence of a number of causes working in its favor.

Rbl Labs simply launched the demo model of the sport on Dec 16, 2021, the place the neighborhood suggestions is overwhelmingly constructive. The subsequent Alpha 2.0 can be launched in early Q1 2022, the place there can be a fundamental play-to-earn performance introducing a brand new in-game token in addition to new reward utilities for the $LOCG token. As the sport evolves additional in 2022, the utility for $LOCG can be expanded, thereby growing the demand.

The present market cap stands at solely round $5.5 million, compared with $200 million+ market caps for working video games resembling Gods Unchained, Splinters, and different playable GameFi merchandise. Typically, small caps are poised for enormous progress as soon as the product is launched.

Additionally, with the assist of main blue-chip traders (resembling Signum Capital and NGC) and large designer partnerships with artists from manufacturers like Burberry and Prada, the $LOCG token is ready to take off!

The market is at the moment experiencing a frenzy within the play-to-earn house, and LOCGame can be on the forefront of this motion in 2022 with full performance of the sport on the horizon.

With the launch of the platform scheduled in December, gamers might want to purchase the $LOCG token earlier than the sport’s launch in order that they’ll buy NFT playing cards to play the sport. The $LOCG token can even act as a fee mechanism and acquire entry to reductions, governance, and staking.

Therefore, $LOCG has huge potential upside for 2022 and past.

The Future of Play-to-Earn NFTs

LOCGame is redefining the blockchain gaming house, bringing a number of new options backed by the platform’s cutting-edge expertise. The LOCGame ecosystem is designed to offer its customers an immersive expertise that takes a brand new spin on the utility of NFTs. On one other observe, LOCGame’s Genesis Edition NFT Sale came about on 4th of December, and with the launch of the sport nearly upon us, there’s an unbelievable quantity of hype across the recreation.

Add to this combine phrases of endorsement from behemoths of the crypto house, Bitboy, Crypto Lark, Crypto Stach and Carl the Moon, LOCGame guarantees to show the NFT gaming house on its head. The $LOCG token has rather a lot going for it, set to soar to new heights.

 

 

 

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