- LOC Games run on Ethereum & Polygon
NFTs have added a new dimension to the crypto space, creating ripples in the market, the likes of which haven’t been seen in a long time. Legends of Crypto is a blockchain and DeFi-powered game with yield-generating NFTs and a native marketplace.
It was founded by Mik Minorov and the game is a brand new NFT collectible and trading card game that runs on top of decentralized blockchain; supported by Ethereum and Polygon Networks. Polygon powers the underlying DeFi economy of the game, the game core, and the DAO governance model.
Using the Polygon network allows for cross-chain playability, lower transaction costs, higher transaction speeds, and a bridge to the Ethereum blockchain. Using Ethereum and Polygon brings greater stability and efficiency to the Legends of Crypto ecosystem.
LOC’s vision is to celebrate the contributions and image of real-world characters that have moved markets, changed the course of history, and provided valuable solutions with their creativity, charisma, and leadership.
According to Mik Mironov, Founder of LOC Game: “This era will pass, but the Legends of Crypto will stay, and be a living history of cryptocurrencies triumph”. Blockchain technology is being deployed to accomplish that vision by various gamified systems to collect, play, earn rewards and have fun at the same time; all with beautiful NFT cards.
How To Play LOC
The game is based on a top trump card game – each card has a list of numerical data, where the goal is to compare the values and try to trump and win the opponent’s card. Each card is part of a different type of category.
Players take turns choosing categories, and in the end, the person with the highest number of cards in the selected category is crowned the winner. There is a referral program that motivates players to interact more and helps them, further incentivizing them to get as many people to join as possible.
Players can choose from characters in the game, all of which are easily recognizable if they are familiar with the crypto industry. The characters chosen by the team are designed to evoke familiarity among the players and push players to buy more NFT cards.
The game has six different criteria, with each of them having assigned scores on a scale of 1-100. The criteria are innovation, dev skills, networth, community, impact, and influence. Players choose the categories during the game, with the player who scores the highest number of cards in the selected category wins the game.
Since Legends of Crypto is a multiplayer game, a minimum of two and a maximum of six players is needed to play the game. Players can stake their NFTs and earn crypto, or use their $LOCG tokens and farm rare NFTs.
Users have the ability to collect, stake, and trade each NFT as they please. The various characters featured in the game are prominent members and influencers from the crypto industry. Each character is placed into different categories, which are:
- Top blockchains
- Top cryptocurrencies
- DeFi legends
- Crypto cities
- NFT legends
This allows for a large realm of possibilities, with so many variations and ideas to select from, making the game more fun and enjoyable. Some notable examples of top characters include Binance’s CZ and Investor Crypto Whale.
Each NFT can be staked to earn crypto, $LOCG tokens can also be used to farm new and rare NFTs. Not only does this ensure their value and rarity as collectibles, but also the financial application and benefit of receiving rewards simultaneously.
These features are critical in solidifying the project’s true use case and attracting a broader user base. Every NFT comes with its special design and rarity; they can be traded on the LOC marketplace and external marketplaces such as OpenSea. LOC currently has two different kinds of card games — free and pay-for-prize/tournaments.
The $LOCG token is the native cryptocurrency of the Legends of Crypto game and ecosystem. The token acts as the primary mode of payment, helps in the distribution of rewards in the game, and acts as the governance token. It is also used to provide incentives to the players to continue playing the game.
Legend of Crypto’s $LOCG token is compatible with both Matic and ERC-20, with its total supply capped at 150,000,000 tokens. Below are some of its use cases:
- LoC incentivizes players to participate and play as much as they can by adopting a pay-for-play model. The more they play, the more $LOCG they receive.
- After a purchase of NFT cards or decks from the Legends of Crypto marketplace, players receive kickbacks in the form of $LOCG.
- Players can stake their $LOCG tokens in staking pools, receiving NFT airdrops in return.
- Certain $LOCG token holders, if they own enough of the tokens, can be appointed to the DAO LOC Council.
- The $LOCG token gives holders the ability to change features in some of the rarest NFT cards.
- Players that pay using the $LOCG token can receive discounts on decks and NFT cards.
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