LegendsOfCrypto is to commence SHO on DAOMaker. With the project continuing to meet all targets set and building a foundation for itself, let’s look at the project briefly and go over the SHO details.
After concluding its private funding round, the project successfully raised funding to $1.2 million. Prominent backers of the project include Signum Capital, NGC, LD Capital, Block Dream Fund, and Terra Virtua.
The Legends Of Crypto team plans to use the funds raised in the private funding round to fuel growth, ensure further enhancements to the ecosystem, and focus on marketing and drawing more users to the platform.
The Legends Of Crypto SHO
The SHO is a chance for the general public to join LegendsOfCrypto through DAOmaker. The LegendsOfCrypto SHO is scheduled for the 27th of April and will allow people following the project to explore the game’s intricacies and potentially become one of the first holders of the $LOCG token.
Token Details And Tokenomics
LegendsOfCrypto will release tokens worth $105k worth of LOCG token, and the price of each token is set at $0.036. Participants in the token sale can claim their $LOCG token once the SHO has been concluded and the token listed.
The LegendsOfCrypto team has put a limit on the number of tokens that each participant in the SHO can purchase. The limit has been set in place to promote an inclusive community and a fair distribution system to all participants.
The $LOCG token
The $LOCG token is the LegendsOfCrypto governance token that the community can utilize to vote on changes on the platform or for additional rewards. The token supply is capped at 1,250,000,000 $LOCG. Some of the uses of the $LOCG token are
Staking: Token owners can stake $LOCG in pools and receive NFT airdrops. Legends Of Crypto plans to add additional DeFi rewards as the platform continues to grow.
Kickback: After every purchase of NFT cards on the Legends Of Crypto marketplace, users will receive $LOCG.
Rewards: Users will receive rewards for participating with Legends Of Crypto, adopting a pay-for-play model to reward users. The more users play the game, the higher the reward they will receive.
Governance token: Token holders will be able to vote and suggest changes to the game. They can also ask for new features in the game and new card editions. Token holders can be appointed to the Council if they own the required amount of $LOCG tokens.
Modify NFTs: Users who own the $LOCG token can modify specific features in rare NFTs.
Payment mode: Users who pay using the $LOCG token can get discounts on decks, boost factors, and NFT cards.
Whitelisting Requirements And DAOMaker
To register for the public sale, you will need to register by filling out the whitelisting form. Anyone can participate in the token sale by joining DAOMaker pools.
If there are too many participants and there is an oversubscription, then a random lottery will be held, and participants will be chosen from the whitelist. This process ensures that fairness is maintained during the selection process.
It is also essential to familiarize yourself with DAOMaker before participating in the public sale. Participants can refer to the DAOMaker guide to get an idea and get acquainted with DAOMaker.
Participants should also ensure that they have ETH in their Ethereum wallet. ETH is required to cover the gas fees for each transaction.
About LegendsOfCrypto
LegendsOfCrypto is an NFT collectible game focused on the crypto industry. The game features characters who are prominent figures from the crypto industry. The game characterizes each character into different categories. The characters are categorized into crypto influencers, largest crypto blockchains, crypto cities, etc.
The game has a plethora of ideas and variations that players can choose from. Legends Of Crypto runs on the Ethereum and Matic blockchains, using both networks to bring efficiency and scalability to the ecosystem.
How To Play LegendsOfCrypto
The actual game is pretty simple to play. It works like a game of top trumps, where each card has a set of numerical data, and players have to compare the cards’ value and trump the opposing card.
Each card belongs to a different category, and players can choose categories. The player with the highest number of cards in the selected category is the winner. The game also has an in-built referral program that motivates players to play the game more and to incentivizes them to invite more people to join the game.
