Debut of $LRDS Token Alongside Node Rewards Programme
After a six-month series of airdrop campaigns, Blocklords officially launched its LRDS token, an ERC20 token operating on the Ethereum blockchain.
The LRDS token goes beyond the traditional role of an in-game currency, allowing players to stake their holdings to earn influence, an in-game currency used for purchasing exclusive resource packs, hero NFTs, new levels, and other in-game items.
The utility of $LRDS, however, is not limited to in-game benefits.
It also functions as a governance token, enabling holders to participate in community voting, thereby becoming influential stakeholders in the game's ecosystem.
This governance role extends to decisions about the game's development, treasury management, and the validation of the upcoming L3 Lordchain, fostering a deeper level of player engagement and investment in the game's success.
In a strategic move to appreciate and motivate its community, Blocklords has introduced a node rewards programme.
Users who lock in a minimum of 500 tokens for 13 weeks not only contribute to the ecosystem's stability and security but are also eligible for exclusive rewards upon the Lordchain's activation.
This programme is a forward-thinking approach to enhancing player loyalty and sustaining the token's long-term value.
The staking mechanism, coupled with the promise of governance rights and future rewards, addresses a common issue for new tokens: the potential for a rapid sell-off by holders.
By linking token acquisition to active gameplay and offering additional benefits, Blocklords provides a compelling reason for players to retain their tokens and become enduring stakeholders in the game's ecosystem.
To commemorate its Token Generation Event (TGE), Blocklords also conducted a substantial 300,000 Gamedrop of $LRDS on 24 July.
This initiative marked a significant milestone for the game and its growing community.
Blocklords' journey is one of continuous growth and achievement.
As a PC-based grand strategy game, it has captivated over 100,000 players since the launch of its first season earlier this year.
For those looking to immerse themselves in the strategic depths of the Blocklords universe, the game is available on PC via the Epic Games Store, while Blocklords Dynasty offers an on-chain experience for players seeking to deepen their involvement.
Both platforms showcase a unique fusion of strategy, governance, and reward, setting a new standard for the next generation of digital gaming.
Understanding Blocklords Dynasty
MetaKing Studios, the developer behind Blocklords, also expanded its offerings with the launch of Blocklords Dynasty, a full-chain web experience hosted on Coinbase's Base network.
Since its debut in June, Dynasty has seen remarkable growth, boasting transaction volumes in excess of 17 million and over 360,000 unique wallets recorded on the Base chain.
As of 2 August, it has recorded 1,000,000 unique active wallets.
This extension not only enhances player engagement but also introduces innovative methods for players to earn $LRDS rewards, underscoring the game's surging popularity and the vibrant participation of its player community.
Blocklords Dynasty introduces a fresh dimension to the Blocklords universe by providing a web and mobile-friendly platform that complements the PC version available on the Epic Game Store.
Within Dynasty, players have the opportunity to establish and manage noble families, arrange strategic marriages, and engage in player-versus-player (PVP) duels.
The game immerses players in a complex world where royal orbs, acquired through gameplay, can be exchanged for $LRDS, infusing the experience with an additional layer of strategic depth and rewarding opportunities.
$LRDS Listed on Major Exchanges
Following its listing on Coinbase, Gate.io, KuCoin, MEXC, Bitmart, and other major exchanges, the value of $LRDS surged by an impressive 148% within 24 hours, reaching $1.97.
Coinbase noted that $LRDS would be added with an "Experimental" label, indicating that the token is either new to the platform or has relatively low trading volume compared to other digital assets.
At the time of writing, it is trading at $0.8254, a 0.6% increase in the last 24 hours but a 40.34% decrease in the last seven days, according to CoinMarketCap.
What is Blocklords?
Traditional MMORPGs, while offering rich and immersive virtual worlds, often fall short in providing real player-driven dynamics.
The control exerted by developers and the inflexibility of game mechanics typically constrain their in-game economies, relegating players to mere participants without the ability to create or influence game processes.
Blocklords seeks to revitalise the genre that has been overshadowed by evolving gaming preferences and market trends.
It combines real-time battles, a rich tapestry of historical fantasy lore, and an intricate lineage system to offer a player-driven narrative that caters to a diverse player base.
In this play-to-earn strategy game, players are given the autonomy to shape the game world, craft their own experiences, and own their digital assets.
Players progress through various levels, from humble Farmer to esteemed Knights/Raiders, Lords/Ladies, and ultimately, Kings/Queens—the pinnacle of the game's hierarchy.
Regardless of whether a player aspires to the regal life of a King or Queen or prefers the simpler existence of a Farmer, Blocklords provides a wealth of experiences as a unique grand strategy game.
Players have the freedom to choose their hero's legacy and enjoy the game on their own terms.
As part of this expansive experience, players can own their hero characters and, through the game's Dynasty system, perpetuate their bloodline through heirs, thus populating the game world and forging their own distinct lineage and legacy.
Blocklords' Founders Want Players to Have 100% Control Over Their Heroes
There is a prevailing scepticism among gamers regarding the integration of Web3 into gaming.
Over the past year, numerous examples have emerged of teams focusing their core game loops, tokenomic structures, and asset distribution solely on achieving short-term adoption and maximising value extraction from players.
At MetaKing Studios, the priority is to craft a fun and accessible gaming experience that not only endures but also empowers players by granting them full ownership of their in-game assets.
Leveraging technology developed by the Seascape Network, Blocklords has been in development since 2017 and boasts a dynamic world shaped by the unique decisions of its players, positioning it as a pioneer in the Web3 gaming space.
Founded by David Johansson and Nicky Li, both seasoned game industry executives with extensive experience in developing free-to-play games, MetaKing Studios comprises a team of over 100 artists, designers, and developers hailing from renowned studios such as Electronic Arts, Ubisoft, Paradox Interactive, and Creative Assembly.
Johansson said:
“At heart, we're a team of gamers and tech enthusiasts who want to create fun, enjoyable experiences using the nascent technologies available to us. In Blocklords, we have been working to build a massive, dynamic game world that is directly shaped by players' choices, whether they choose to be humble Farmers or powerful Lords and Ladies. By giving players full ownership of their digital assets, not only are we incentivizing the way they play games, we're empowering them to have fun in the process.”
MetaKing Studios is at the forefront of blending entertainment with the innovative potential of Web3 in gaming.
As passionate gamers, creators, and designers, their guiding principle is centered on fostering fun.
The founders envisioned a gaming world where players have absolute control over their heroes and can even earn an income while playing.
David Johansson, CEO, Co-Founder & Creative Director
CEO and Co-Founder Johansson has an extensive background in game development, having worked on titles such as Crusader Kings and League of Angels.
Since 2018, he has been dedicated to making gaming more enjoyable and engaging for players.
His socials: X and LinkedIn
Nicky Li, COO & Co-Founder
Li began his career in gaming in 2014, managing major titles such as League of Angels and Liberators at leading Chinese game studios.
He now leads the production of Blocklords, bringing his extensive experience to this new venture.
His socials: X and LinkedIn
Blocklords' Socials
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Empowering Players to Forge Their Own Path & Define Their Destiny
With over a decade of experience in game development and a presence in the web3 space since 2018, the team behind Blocklords boasts a rich history of expertise and innovation.
They have secured industry grants and forged strong alliances with key figures in the gaming industry and investment community, including Square Enix, Krafton, Funplus, Bitkraft, Makers Fund, Animoca Brands, and the Spartan Group, underscoring the token's long-term promise.
The introduction of the $LRDS token is more than just a milestone in gaming; it signifies the evolving nature of digital interaction and collaboration.
By offering players a tangible stake in the game's ecosystem through staking, governance, and rewards, Blocklords is not merely creating a game but nurturing a community that is integral to the game's growth and success.
This evolution is profound, offering a glimpse into a future where gaming and digital ownership converge, fostering unprecedented player engagement and investment.
The LRDS token is the initial step in this new gaming era, where every player has the opportunity to shape digital realms.
Coinlive views Blocklords' innovative approach to gaming, through the integration of the LRDS token, staking rewards, and governance, as a dynamic shift in game design and development.
It is a testament to the potential of inclusive, strategic game design to transform players into architects of their digital experiences.
The project's robust tokenomics and the transparency about its team, which launched the project in 2018, are noteworthy.
The listing of $LRDS on Coinbase and other leading exchanges, has sparked significant investor interest, reflecting a growing confidence in the token's potential.
And recording over 22 million transactions on Base adds to its credibility too.